Armenian trade with Belarus grows 14 times over 11 years: ambassador
14.12.2012,
21:35
Over the past 11 years the trade turnover between Armenia and Belarus increased by more than 14 times - from about $2 million to $35 million, Byelorussian ambassador to Armenia, Stepan Sukhorenko, told a news conference today.
YEREVAN, December 14. / ARKA /. Over the past 11 years the trade turnover between Armenia and Belarus increased by more than 14 times - from about $2 million to $35 million, Byelorussian ambassador to Armenia, Stepan Sukhorenko, told a news conference today.
"Despite the growth the trade with Belarus accounts for only about 2% of Armenia’s overall foreign trade. This is not the figure that would satisfy us today, given close ties between the two countries, «he said.
According to Sukhorenko, the Armenian-Belarusian trade and economic cooperation is hindered by several factors, like the blockade of Armenia, problems with logistics and saturation of the Armenian market.
"However, we are determined to boost our ties. We made a detailed analysis of the problems and the opportunities that can be used today to build our trade and economic cooperation ", he said.
The trade between Armenia and Belarus in January - August 2012 totaled $28.4 million, an increase of 60 percent over the same period of 2011; imports amounted to $24.1 million (up 57.2%), and exports - $ 4.3 million (up 82.5%).
Belarus sells to Armenia trucks (16%), tires (13.4%), tractors (5.2%), butter (3.3%), paper and cardboard (3, 2%), drugs (3%), synthetic fibers (2.8%), skin (2.3%) and plywood (2.1%).
Armenia sells to Belarus strong alcoholic drinks (56.1%), petroleum products (4.3%), siliceous earth (3.4%), glass (2.8%), equipment for the production of paper and cardboard (2.4%), paper containers and paperboard (2.4%), drugs (2.3%), colloidal precious metals (1.6%), and mineral water (1.4%). -0-
