Textile Sphere

Armenia, under the Soviet Union, had an active textile industry with qualified workers. With properly directed capital investment, the textile factories in Armenia can produce first quality textiles for trade on the world market. TABDC recognizes the potential Armenia’s textile factories hold and are organizing fact-finding missions into the country to see how to harness this industry’s potential to develop an industrial export base for both countries.

Armenia has unfilled capacity to United States import quotas. Thus, Turkey and Armenia can reap the benefits of “piece-work” and produce large quantities of goods for mutual benefit. Currently, Turkey is subject to United States quotas. This initiative will lead to joint Turkish-Armenian textile products. Contact between the textile sectors of both countries has been established and first samples have been shipped to USA.

Agriculture:

Turkish-Armenian Business Development Council is presently developing an agricultural project named “Virtual Agricultural Wholesale Market” in cooperation with the Yerevan based International Center for Human Development (ICHD) with the support of American University. Our aim is to contribute to the economic development of the region with practical methods of cooperation. The project will be launched in March 2002, and will lead to the organization of a website promoting information exchange and commercial cooperation, and to the set-up of a regional chamber of commerce. The target regions are Shirak, Tavush, Lory from Armenia and Kars, Erzurum from Turkey. Collected information will include market surveys, harvest forecasts, cultivation methods, fertilizers sources and farm equipments.

Information Technology (IT) and electronics:

We consider IT development as a major tool to achieve our goals. Armenia is very developed in software production, programming and computer parts; TABDC has organized many business links between Turkish IT and Armenian IT companies and has been stressing the importance of regional e-initiatives. Drawing up and implementing regional information strategies will further existing economic interactions between Turkey and South Caucasus. TABDC is firmly supporting the regional e-development initiatives developed by the European Union and the World Bank, aiming to integrate South Caucasus into the global information community.

Export of Cement from Armenia to Turkey

Leading Turkish cement factories are interested in Armenia’s cement market. TABDC facilitated direct contacts between principle groups. As cement is a low profit commercial commodity, low cost transportation is an important issue in cement trade. TABDC is working towards solutions to eliminate transportation costs between two countries.

Import and Export of Food Stuff

Armenia is interested in Turkey’s flour, oil, sugar, etc… Turkey in Armenia’s soybean extract, tomato paste, etc… There is a great demand for the food products of and on both sides. Politics again is stifling great possibilities that could easily be realized.

Top

Pages: <<Previous 1 2 3 4 5 6 7 8 9 Next>>