Brandy production is expected to the set up in Belarus. The alcohol will be imported from Armenia, but Belarusian trademarks will be on the products, Belarusian Ambassador to Armenia Stepan Sukhorenko told reporters in Yerevan. He pointed out that any violations of the relevant Armenian laws are out of the question. The Ambassador said that alcohol importers have fears concerning the import of alcohol from Armenia.
Sukhorenko pointed out active development of bilateral economic relations. "Despite the crisis the figures have not lowered. By September 1, 2010, Armenian-Belarusian trade had doubled and reached U.S. $40m. This is only 1.3-1.4 per cent, but we are happy about the dynamics," the Ambassador said.
As regards Armenian-Belarusian economic relations, Sukhorenko said that Russian remains Belarus' principal trade partner. However, numerous markets have to be developed yet. "When we studied the Armenian market we found out we can only be partners. So we import Armenian cognac, agricultural produce and industrial products, while exporting agricultural equipment to Armenia. But we are not competing, we are cooperating. We have established economic relations with Armenia similar to those of the Soviet times. The development of Armenian-Belarusian economic relations is mutually beneficial," Sukhorenko said.