Opening up production in Armenia will make it easier to export to the US and Europe, Mr Darshan Shah, director of Indian Gopaldaas Jewellers (based in Dubai), told Armenian News – NEWS.am.
Armenia has GSP+ trade agreements both with US and EU, which allows exporting at zero or low rate customs duties. Those agreements apply to a number of goods, including jewelry.
When it comes to production, artisanal skills of Armenian jewelers are high and comparable to their peers in India, he said.
“There is a huge potential of fantastic handcraft. And the cost of production is similar, if not the same, as in India”, the director noted.
Now Mr Sha...
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