Armenian government approves timetable of measures to help light industry

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Economy

09.04.2010, 00:20

The Armenian government has approved today a timetable of measures designed to solve a set of problems faced by the country’s light industry.

YEREVAN, April 8, /ARKA/. The Armenian government has approved today a timetable of measures designed to solve a set of problems faced by the country’s light industry. Economy minister Nerses Yeritsian said the timetable was developed to mitigate the fallout from the global crisis that hit Armenia severely last year. According to him, the measures are expected to stimulate export of the sector’s goods and create new jobs.

“The timetable will help us to assess the sector’s potential, to secure a partnership between public and private sectors and to reveal the sector’s advantages,’ the minister said, adding that production of leather goods has good development prospects. The main focus will be on easing taxes and formation of design centers, he said.-0-

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