Some Armenian Products Can Be Competitive On Turkish Market

JUNE 5, NOYAN TAPAN. Some Armenian products can be quite competitive on the Turkish market, and some of them even exceed the Turkish products from point of view of their quality and price. Gagik Makarian, the Executive Director of the "ArmConsult" business-consulting center, told NT's correspondent that this conviction was formed independently of studies of the Turkish market conducted by experts recently.

According to comparison of prices for the same types of products on the Armenian and Turkish markets, it turned out that, for example, 1 kilogram of poultry of local production is sold in Turkey and Armenia at $3.28 and $2.34, respectively. Beef filet is sold at $6.62 and $2.88, eggs (30 pieces) - at $0.34 and $0.18, 3 kilograms of granulated sugar - at $4.62 and $1.30, 1 ton of apples - at $166 and $70. The prices for many types of products are almost similar.

According to G. Makarian, the cheapness of Armenian types of products is conditioned by a number of circumstances: fuel, electricity and skilled labor force are twice as expensive in Turkey. But prices for many Armenian products (for example, canned products) are comparatively higher than Turkish analogues. G. Makarian ascribed this to the seasonal work of Armenian enterprises, outdated techniques and other circumstances.

According to G. Makarian, if the borders are opened Armenian entrepreneurs will have an opportunity to sell their competitive products on the Turkish market and to unfold economically advantageous activities there. He also mentioned that it is impossible to exactly decide the real volumes of Armenia's commodity turnover with Turkey, because trade between the two countries is carried out through broker companies of transit countries. According to G. Makarian, the Turkish side is especially interested in the development of its territories bordering on Armenia, because they are far from the country's transportation routes.