YEREVAN, JUNE 15, ARMENPRESS. Within the framework of cooperation with Eurasian Economic Union countries, the Armenian economy and Armenian businesses began to display positive results last year, expert Hayk Khalatyan said during a Bishkek-Yerevan-Saratov-Moscow-Astana-Minsk video conference on Best Ways of Selling Products for EEU market participants.

According to Khalatyan, last year Armenia’s commercial turnover volume with EEU amounted 15%, the volumes of exports of Armenian products drastically increased.

Khalatyan said in order to ensure the dynamics of the last year, it is necessary to solve the issue of investments.

“The investment issue is the most painful side of Armenia. Investments should be made in Armenia, the opportunities which our country offers must be used. First of all, a huge potential of human resources exists here. The IT branch, which is considered to be the leading sphere, provides sustainable growth in the past 10-15 years”, he said.

In addition, Armenia has economic cooperation possibilities with USA and Europe.

The GSP+ system operates with the EU, which provide a number of privileges for exporting products to EU countries.

Armenia is implementing a rather flexible foreign policy and has very good relations with neighboring Iran. Armenia is creating a free trade economic zone on the border with Iran. According to Hayk Khalatyan, this will enable not only to export products to the EEU, but also enter the Iranian market. In addition, Armenia is negotiating with China for proposing a unilateral privilege system.