Customs Union An Important Market For Finished Goods – Expert

CUSTOMS UNION AN IMPORTANT MARKET FOR FINISHED GOODS – EXPERT

December 20, 2013 | 17:41

YEREVAN. – Customs Union is an important market for finished goods,
said head of the Union of Domestic Goods Producers Vazgen Safaryan.

This makes the Customs Union an alternative to local producers,
he believes.

“On the other hand, we have exported finished goods amounting to $290
million to Customs Union member states last year. Good conditions
for the Armenian light industry, machinery and other industries can
be created in the common market. The exports to Europe is estimated
at hundreds of millions, but it is about raw materials, especially
metal concentrates,” he said.

In the terms of economic benefits, Customs Union is preferable
to Armenia.

From: Baghdasarian

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