Industrial exports post slight recovery in September

Industrial exports in the first nine months stood at $2.2 billion. These exports were down by eleven percent compared to same period of 2011 and by seven percent from the same 2010 period. However, exports of industrial products during the month of September were nearly the same as those achieved in September last year. Minister of Industry Vrej Sabounjian said these results are reassuring: “Yet we need to be observant until we confirm that exports have returned to their normal level.”