YEREVAN, August 27. /ARKA/. Industrial cooperation is one of the top-priority focuses in Armenian-Belarusian economic relations, Belarusian Forestry Minister Mikhail Amelyanovich, co-chair of Armenian-Belarusian Intergovernmental Commission for Economic Cooperation, said today after completion of the commission’s 10th session in Yerevan
“Efforts to develop join activities and establish direct ties between our companies would certainly expand our further relations,” he said.
Amelyanovich said that enterprises assembling Belarusian agricultural machinery would be very promising. He also pointed out the first line launched in Belarus in July 2012 for bottling Armenian brandy as an example of successful cooperation of this kind.
The minister said that prospects for exporting Belarusian machinery to Armenia and servicing it here were considered at the session. Prospects for exporting vehicles and agricultural machinery to Armenia on leasing payment and export crediting conditions with participation of Belarusian leasing operator Promagroleasing were discussed as well.
“We placed it on record with pleasure that trade turnover between the countries is growing from year to year. It grew 40.3% in 2012, compared with 2011, to more than $46 million. We see we have considerable reserves here,” Amelyanovich said.
According to the National Statistical Service of Armenia, trade between Armenia and Belarus amounted to $20.1 million in Jan-May 2013 – 19.7% year-on-year growth.
The minister also stressed that the commission has carefully mulled over things in cooperation in agriculture sector and has seen certain growth of Armenian exports to Belarus.
Armenia sends some 50 kinds of products to Belarus. Alcoholic drinks, (65.1%), petrochemicals (4.5%), siliceous earth (2.4%), glass containers (2.3%) and medicaments (1.5%) dominate Armenia’s exports to Belarus. ---0---