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The government to allocate AMD500mln to boost export



Yerevan/Mediamax/. The Armenian government confirmed the program of measures for export-oriented strategy of industrial policy for 2013 today.

Minister of Economy of Armenia Tigran Davtyan said that within the program, the government provides funds for boosting export for the first time, Mediamax reports. The sum will make about AMD500mln.

According to the Minister, 50-60 companies may apply for support this year.

Besides, relevant structures, particularly "Insurance Organization of Export Financing", will be set up to support entrepreneurs.

Armenian Prime Minister Tigran Sargsyan stated that the government is ready to support all the organizations which may substantially grow volumes of production and export.



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