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.
Disclaimer: This article was contributed and translated into English by Hakobian Adrine. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
Direct link to this article: https://www.armenianclub.com/2009/09/23/armenian-government-pay-little-attention-to-production-of-domestic-g/