/ / News
18.04.2012

Martynov visits Armenia-Belarus trading house in Yerevan

MINSK, 18 April (BelTA) – During a trip to Armenia Foreign Minister of Belarus Sergei Martynov visited the Ar-Be Armenia-Belarus trading house and met with its administration to discuss ways to maximize the supplies of Belarusian products to the Armenian market, BelTA learnt from the press service of the Foreign Ministry of Belarus.

The Ar-Be Armenia-Belarus trading house opened in Yerevan on 30 September 2010. The authorized capital of the house made $365,000. Belarus holds 45.2% of the shares.

In 2011 the export of Belarusian products to Ar-Be made $7.1 million (about 26.5% of total exports to Armenia). In January-March 2012 the export to Ar-Be stood at $1.1 million. The trading house concluded 99 long-term contracts with Belarusian companies.

As of April 2012, Ar-Be offered over 12,000 names of products and is constantly working to expand the assortment. It runs a permanent exhibition-fair of Belarusian farm machines.

During his visit to Armenia, Sergei Martynov met with Armenian Prime Minister Tigran Sargsyan to discuss the bilateral cooperation in political, economic and humanitarian fields, regional and international agenda and fulfillment of economic cooperation agreements. The meeting concluded in a memorandum of cooperation in the jewelry industry between the Finance Ministry of Belarus and the Economy Ministry of Armenia.

The same day Sergei Martynov met with Armenian Apostolic Church leader Catholicos Garegin II. The parties noted that the people of Belarus and Armenia have developed friendly, cordial and sincere relations. Sergei Martynov returned Happy Easter wishes of the Belarusian President to Garegin II.