We have problems in the indusial sector: Martin Sargsyan

A necessity of product insurance exists in terms of making exports to the EEU market, Martin Sargsyan, president of Armenia’s chamber of commerce and industry said during the EEUArmenia cooperation annual business forum.

According to him, problems also exist regarding issuance of loans during transactions. “These are important, because problems might occur for exporting products to EEU markets, and in this event insurance is very important in both nancial terms, and in case of force majeure situations,” he said.

Sargsyan said Armenia has great potential in the EEU market for exporting agricultural goods. According to him, the government is highly focused on the development of this branch, which might also be the moving force of the economy in Armenia.

“We have problems in the indusial sector. It is necessary to choose within this sector the branches which have the potential for development. We must put all our efforts on these, in order to be able to develop it”, he said.