Economics

EEU countries consider importing construction materials from Armenia

karenghazaryan

 

 

 

The problems caused by the lack of a shared border between Armenia and the Eurasian Economic Union are of technical character and can be solved over time, Armenia’s Deputy Finance Minister Emil Torosyan has said.

Issues related to the main directions of industrial cooperation between EEU member states were discussed at the Armenian Ministry of Economy. Sergey Sidorsky, member of the Board of the Eurasian Economic Union (EAEU) and Minister of Industry and Agriculture of the Eurasian Economic Commission participated in the industrial forum.

According to Emil Torosyan, Armenia has received support from all EEU member states on all issues.

The Deputy Minister said it’s still early to assess what the EEU membership can give the manufacturers. “Half a year is not enough for developing the industrial capacities,” he said. He added, however, that the formats and directions, in which Armenia can cooperate with EEU, are currently being discussed.

Sergey Sidorsky said Armenia has good construction materials and added that the branch is very promising.

“The EEU countries import construction materials from non-member states. Therefore, these should be replaced by Armenian materials,” he said.

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