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ACBA-CREDIT AGRICOLE BANK to help export Armenian herbal teas to Germany

23.02.2018 17:33

ACBA-CREDIT AGRICOLE BANK to help export Armenian herbal teas to Germany

YEREVAN, February 23. /ARKA/. The Yerevan-based ACBA-CREDIT AGRICOLE BANK said today it will show assistance to Armenian producers of herbal tea to start exports of their products to Germany.
The bank said in a press release that Armenian companies Sari Tei (Mountain Tea) and Antaram, which showcased their products at an organic exhibition Biophax 2018 in the German city of Nuremberg, concluded an export agreement with the German company TeeGschwendner.

"We learned about the two Armenian companies through the Organic Agriculture program, conducted by the German Nature and Biodiversity Conservation Union (NABU) and ACBA-CREDIT AGRICOLE BANK. I think the project was a good opportunity to create prospects for both producers of organic tea in Armenia and us," said Lukasz Parobin, production director at TeeGschwendner.

According to him, the German company will not limit itself to buying tea from Armenian partners only, and counts on wider cooperation. In particular, Parobin noted that TeeGschwendner will familiarize the Armenian partners with the standards and features of the European market, as well as conduct a training course for the employees of these companies.

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Armenian parliament passes amendment on export lending insurance

02.05.2013 14:57

Armenian parliament passes amendment on export lending insurance

Armenian parliament approved, in final reading, the amendments to the insurance law that envisage insurance companies with government participation

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Armenia needs to diversify its exports

27.10.2009 12:39

Armenia needs to diversify its exports

YEREVAN, October 27, /ARKA/. The global economic and financial crisis that hit virtually all countries although with differing severity, has affected the Armenian economy very hard, contrary to earlier forecasts of some experts. The double-digit economic growth, reported for several successive years, was replaced by a bigger double-digit GDP contraction. For example, Armenian GDP grew […]

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