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Armenian trade with Belarus grows 14 times over 11 years: ambassador

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  • Armenian trade with Belarus grows 14 times over 11 years: ambassador

    Armenian trade with Belarus grows 14 times over 11 years: ambassador


    YEREVAN, December 14. / ARKA /. Over the past 11 years the trade
    turnover between Armenia and Belarus increased by more than 14 times -
    from about $2 million to $35 million, Byelorussian ambassador to
    Armenia, Stepan Sukhorenko, told a news conference today.

    "Despite the growth the trade with Belarus accounts for only about 2%
    of Armenia's overall foreign trade. This is not the figure that would
    satisfy us today, given close ties between the two countries, «he
    said.

    According to Sukhorenko, the Armenian-Belarusian trade and economic
    cooperation is hindered by several factors, like the blockade of
    Armenia, problems with logistics and saturation of the Armenian
    market.

    "However, we are determined to boost our ties. We made a detailed
    analysis of the problems and the opportunities that can be used today
    to build our trade and economic cooperation ", he said.

    The trade between Armenia and Belarus in January - August 2012 totaled
    $28.4 million, an increase of 60 percent over the same period of 2011;
    imports amounted to $24.1 million (up 57.2%), and exports - $ 4.3
    million (up 82.5%).
    Belarus sells to Armenia trucks (16%), tires (13.4%), tractors (5.2%),
    butter (3.3%), paper and cardboard (3, 2%), drugs (3%), synthetic
    fibers (2.8%), skin (2.3%) and plywood (2.1%).

    Armenia sells to Belarus strong alcoholic drinks (56.1%), petroleum
    products (4.3%), siliceous earth (3.4%), glass (2.8%), equipment for
    the production of paper and cardboard (2.4%), paper containers and
    paperboard (2.4%), drugs (2.3%), colloidal precious metals (1.6%), and
    mineral water (1.4%). -0-

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