YEREVAN, JUNE 28, ARMENPRESS. China has a growing economy that greatly needs imports. It is an opportunity for Armenia to export products to Chinese markets, Head of Armenia's Union of Industrialists and Entrepreneurs Arsen Ghazaryan told at “Armenpress” media hall.

“I have always said that we have to seek for new markets where we will have no problems with routes, particularly China, Japan, India or Korea.  These are the countries where we have no problems. It may seem strange but the transportation costs to those countries located thousands kms away is cheaper than to Kazakhstan”, Armen Ghazaryan said.

According to him, in addition to mining industry, Armenia has export potential on the spheres of food processing, fruit and vegetables, canned food, or beverages and alcohol. Arsen Ghazaryan noted that contracts with Chinese markets demand that the applying companies have major production volumes.

“In order to be able to ensure the required volumes it is necessary to add the area of cultivated lands at the expense of uncultivated lands so as it is possible to provide the needed quantity without problems. When our businessmen see that there is a market they will necessarily find investments and the state will offer its assistance”, Armen Ghazaryan said.

The reporters noted that the market of spirit is over-flooded and the manufacturers are unable to realize that quantity.

“If two or three types of Armenian brandy find their place in the Chinese markets we will be able to realize the spirit storage in Armenia, otherwise we will encounter technical problems when purveying this year’s harvest. The process is underway and we expect good results this year”, Armen Ghazaryan answered.