PM instructs entrepreneurs to boost Armenian exports to RussiaAugust 16, 2014 - 14:50 AMT PanARMENIAN.Net - Armenia will try to increase its volume of exports to Russia in light of Moscow’s new ban on food imports from the west, Armenia’s Economy Minister said. As Asbarez reported citing Arka, Karen Chshmarityan added, however, that the Ministry finds it premature to assess the extent of the advantage that Russia’s trade restrictions will produce for Armenia. Chshmarityan said that Prime Minister Hovik Abrahamyan held a special session and instructed the economy and agriculture ministries to provide support to entrepreneurs for increasing their exports to Russia. The Russian government banned fruit, vegetables, meat, fish, milk and dairy imports from the United States, the European Union, Australia, Canada and Norway last week, RFE/RL’s Armenian service (Azatutyun.org) reports in retaliation for sanctions over Ukraine. The ban took effect on August 7 and will last for one year. Armenian Agriculture Minister Sergo Karapetyan said the Russian move opened up new opportunities for Armenian farmers and food-processing companies. “That is an additional opportunity for us which we must use very quickly and occupy that [greater share in the Russian] market,” he told RFE/RL’s Armenian service. “It’s an unlimited market for us … I think we can double export volumes by the end of this year,” the minister added, listing fruits, vegetables, meat, dairy, canned food and soft drinks. Related links: Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. Macron says France commemorates 109th anniv. of Armenian genocide Today France commemorates the 109th anniversary of the Armenian genocide of 1915, Macron says. Freedom House concerned by mounting reports of police violence in Armenia Freedom House urged Armenian authorities to investigate this pattern of excessive force and inhumane treatment. |