YEREVAN, October 3. /ARKA /. Armenian wineries are expected to triple wine production by 2020, Hayk Mirzoyan, head of Industry Development Fund, told a news conference today.
According to him, in the first six months of this year wine production surged by 42.4 % to 2.4 billion drams. He said these numbers inspire hope that the wineries will succeed in tripling wine production in 7 years.
He said export of Armenian wines largely to Russia, other CIS countries; Europe and the United States also surged by 56 percent from the year before to 790 million drams.
According to the National Statistical Service, in the first eight months of this year wine production saw a 33 percent rise year-on-year to almost 3.5 million liters. ($ 1 - 405.40 drams). -0-