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Armenian-Turkish trade will not get a boost unless businessmen get full information about each other: expert

29.04.2010, 01:44
A prominent Armenian businessman said today Armenian-Turkish trade will not get a boost unless businessmen on both sides of the border get as full information about one another as possible.
YEREVAN, April 28, /ARKA/. A prominent Armenian businessman said today Armenian-Turkish trade will not get a boost unless businessmen on both sides of the border get as full information about one another as possible.

Speaking at a news conference Arsen Ghazarian, chairman of the Union of Armenian Industrialists and Businessmen, said Armenian businessmen have little idea about what Turkish economy really is. He suggested that they seek to establish joint ventures with peers across the border.

Arsen Ghazarian then said a major goal of the organization he chairs is to conduct regular studies of the Turkish market to find out what types of Armenia-made produces have a demand there.

The Union of Armenian Industrialists and Businessmen and three non-governmental organizations-namely, the Eurasia-Cooperation Fund, the Yerevan Pres Club and the International Center for Human Development, signed April 26 a joint memorandum urging normalization of Armenian-Turkish relations.

He said one of these organizations will conduct a thorough investigation to find out the real amount of damages sustained by Armenia as a result of the closed border.

According to Armenian National Statistical Committee, Armenian-Turkish trade in 2010 January grew by 28.7% year-on-year to about $8 million. Armenian exports totaled $7,800, the rest were imports of Turkish goods. -0-