Does Argentina have an eye on Armenian mines?
Both Armenia and Argentina have developing economies and ample opportunities for boosting economic cooperation, says Diego Ernesto Alvarez Rivera, Ambassador Extraordinary and Plenipotentiary of Argentina to the Republic of Armenia.
Today the ambassador attended the seminar "Bilateral trade and Investment Opportunities" held at the RA Chamber of Commerce. During the event, the Argentinean official presented the economic situation in his country and the collaboration in the sector between Armenia and Argentina.
"The countries can find avenues for cooperation in all spheres. Argentina is best known for its mining industry which is not fully developed in Armenia," he said.
Argentina exports more goods to Armenian than Armenia exports to Argentina, however, the volume of turnover is increasing every year.
"In 2012, the volume of exports totaled $5.76 mln, increasing by $1.75 mln as compared to 2010. The volume of imports from Armenia amounted to 0,5 mln dollars," said the ambassador.
Diego Ernesto Alvarez Rivera says Argentina's economy is largely based on agricultural goods. Argentina exports to Armenia tobacco, butter, milk, milk powder, frozen poultry, etc, while Armenia sends to Argentina mainly ferromolybdenum, books, brochures, ceramic products, kitchen and office supplies, as well as wine.
