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Armenian Government Pay Little Attention To Production Of Domestic G

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  • Armenian Government Pay Little Attention To Production Of Domestic G

    ARMENIAN GOVERNMENT PAY LITTLE ATTENTION TO PRODUCTION OF DOMESTIC GOODS

    /PanARMENIAN.Net/
    22.09.2009 15:26 GMT+04:00

    /PanARMENIAN.Net/ The Armenia's government has paid little attention to
    promoting local production over the last 7-8 years, Vazgen Safaryan ,
    chairman of the Union of domestic producers said.

    "A lot of time was missed to raise local production to a proper level,"
    he said. Over the past 7 years, according to Vazgen Safaryan, the
    Armenia's population has invested about 30 billion dollars in local
    production, AMD 15 billion products were sold in the local market. If
    the government pursued a policy of local production development,
    Armenia would have a well developed industry producing a large variety
    of goods instead of imports.

    "The Armenian-Turkish border would change government's economic policy
    towards promoting local production," Mr. Safaryan said.
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