EAEU Exporting Product Insurance

ArmenPress, May 27, Yerevan

For exporting to EAEU market there is a need for product insurance. According to “ArmenPress”, this was mentioned in the speech of the President of CCI Martin Sargsyan on May 27 business forum “Eurasian Economic Union–Armenia Cooperation”. According to him, there also arise problems during transactions concerning providing loans.

“Those are important, as there may emerge problems when exporting products to EAEU market and in this case insurance is significant in terms of financial, as well as in case of force major situations”

Mr. Sargsyan also mentioned that Armenia has a great potential in exporting agricultural products to EAEU market. According to him, government pays a great attention to the development of that sphere, which can act as an economic locomotive in Armenia.

“We have problems in the industrial sector. In this sector, again, we need to choose those fields having a potential for development. All the forces are needed to be invested in those fields, in order to develop them,” added the President of CCI of RA.