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Annual exports of Armenian textile and apparel, leather and shoes products grew by 35%-43%

Related Keywords: Armenian textile companies, Armenian textile sector, leather and shoes, textile and apparel, Textile Industry, textile manufacturing factories

In order to stimulate the investments, the Armenian government has implemented numerous assistance programs, which make Armenia an inviting platform for European, Iranian and Asian investors. Due to Armenia’s membership to EAEU, the investors can establish textile manufacturing factories here and export to EAEU member countries with overall population of 183 million people with 0% custom duties.

In addition to mass consumption products Armenian textile companies are also famous for doing subcontracting for world-known brands.

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