Armenian investments in Syria might prove effective

PanARMENIAN.Net - Armenian investments in Syria might prove effective, as Syria can provide duty free export, Syrian Chamber of Commerce Board Member, Armenian-Syrian intergovernmental committee Chairman Leon Zaki Etalian believes.



According to Etalian, Syria-manufactured products are mainly for export, so production volume is meant for 322 million consumers. '' When asked about Syria's population size, I reply 322 million people reside in Syria, when in reality it's 22 million," Etalian said. In this context, he noted that Armenian investments in Syrian economy might prove very effective as the committee is working towards introducing changes in Syrian legislation, aiming to minimize or even cancel import duty.



Etalian added that Armenian -Syrian intergovernmental committee is closely collaborating in economy sphere. He noted that recently Armenia participated in business forum and exhibition in Syria. Return visit of Syrian party is expected soon.