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Brand Of "Jermuk" Mineral Water Should Be Formed For Progression Of

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  • Brand Of "Jermuk" Mineral Water Should Be Formed For Progression Of

    Brand of "Jermuk" Mineral Water Should be Formed for Progression of This Product in World Markets

    Arminfo
    2007-03-13 13:30:00

    A brand of "Jermuk" mineral water should be formed for progression of
    this product in the world markets, a well-known Armenian economist
    Eduard Aghajanov said at today's press-conference in the Yerevan
    "Pastarq" club.

    In his opinion, great financial means and time are required to form
    and promote the brand. Even after that, E. Aghajanov said, it is
    impossible to guarantee the enterprise's success with a 100% confidence
    since the world market is filled with producers. "We have to think
    over the creation of joint ventures with the well-known producers"
    , the economist said, having reminded that, in the near future,
    a liter of mineral water in the international market will cost more
    expensive than a barrel of oil. In Aghajanov's opinion, this is a good
    chance for Armenia's economy development. E. Aghajanov did not fail
    to reproach the Armenian authorities with the absence of mechanisms
    for the home exporters support. Especially as the internal market of
    Armenia is too small for the development of any branch of production.

    To remind, the US Food and Drug Administration had warned the American
    producers last week that the mineral water "Jermuk", imported from
    Armenia, contains arsenic and is dangerous for health.
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