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Consolidation Of Dram Remains Within "reasonable Limits", Armenian P

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  • Consolidation Of Dram Remains Within "reasonable Limits", Armenian P

    CONSOLIDATION OF DRAM REMAINS WITHIN "REASONABLE LIMITS", ARMENIAN PRESIDENT STATED, REFERRING TO THE INTERNATIONAL ASSESSMENT

    Mediamax News Agency
    Nov 14 2007
    Armenia

    Yerevan, November 14 /Mediamax/. Armenian President Robert Kocharian
    participated today in the launch of the 7th international exhibition
    "Armprodexpo-2007".

    Mediamax reports that during the talk with the journalists, Robert
    Kocharian stated that "each year I visit the exhibition with great
    pleasure, since here the results of the work in the spheres of
    agriculture and processing industry are obvious".

    Armenian President noted that he has "brilliant impressions" of what
    he has seen at the exhibition. According to him, this year the Armenian
    producers demonstrated new approaches and new quality.

    Robert Kocharian noted that the participants of the exhibition, with
    whom he talked, noted that they do not face difficulties while selling
    their production. "Our companies secure quality and successfully
    compete with foreign producers", Armenian President stated.

    Commenting on the issue of the national currency consolidation,
    Robert Kocharian stated that the government turned to international
    financial organizations with a request to assess the consolidation
    of dram, and the received assessments evidence that "the situation
    in Armenia remains within reasonable limits".

    "This process is concordant with the world trends: there is no such
    country, where the national currency consolidation would not take place
    in the process of continuous economic growth", the President stated.
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