29909
Armenian Market Saturated
Economy, Domestic Economy

Armenian Market Saturated

The Armenian market is mostly at the disposal of Chinese, Russian and European firms, making it highly competitive, therefore Iranian traders should exercise due diligence before entering the market, says Iran’s commercial attaché to Armenia, Hamayak Avadis Yans. “If an Iranian firm seeks to start a business in Armenia, it should wait until one of the foreign producers exits the country,” he was quoted as saying by Mehr News Agency. Moreover, Armenia’s labor market is so small that much of its workforce has immigrated to Russia amid high unemployment, according to the official. The commercial attaché suggested that Iranian traders take part in international exhibitions to increase exports to the Caspian Sea littoral state.

Short URL : http://goo.gl/7pBzCp
  1. http://goo.gl/yQZmeG
  • http://goo.gl/S5cGwG
  • http://goo.gl/C46ISK
  • http://goo.gl/nTODkE
  • http://goo.gl/s8aTa7

You can also read ...

IMF Pledges Continued Work With Central Bank of Iran
More than a week after US Treasury Department blacklisted...
Billet Export Prices Increase
Iranian export steel billet prices picked up in the week ended...
The Sartak-Pishta border gate between the Kurdistan Regional...
More Grain Shipments to Iran
For transport and logistics industry experts, spring is always...
Foiling US Sanctions on Iran: The EU Blocking Regulation
The EU has announced its intention to protect European...
The GDPR clarifies and strengthens existing individual privacy rights.
New European privacy regulations that were to go into effect...
Majlis Forex Options Still on Agenda
Chairman of Majlis Economic Commission said on Tuesday a...
Flooding Inflicts Heavy Damage on Roads
Recent heavy rainfall and flooding in Iran have inflicted...

Trending

Googleplus