September 7, 2022 - 14:08 AMT
Armenia intends to fill vacant Russia market niches

Armenian companies engaged primarily in the production of drinks, wine and textiles may fill the market niches that have become vacant after international companies left Russia, Minister of Economy of Armenia Vahan Kerobyan said in an interview with RTVI.

"Now our companies, one after another, are signing major contracts for the export of drinking water, sparkling water, juice,” the Minister said.

Contracts for the supply of Armenian textile to Russia, according to him, "are being recorded every day."

Kerobyan noted that Russian food chains "are paying attention to Armenian wine" and "there are many new contracts."

"Yes, [so far] Armenian wine is not that popular in Russia, although it is already of very good quality," he added.