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March 29
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YEREVAN. – The Armenian textile traders can fully compete with legal imports, Spitak Vanuhi textile company CEO Vanik Asatryan told Armenian News-NEWS.am.

He added that the plant commenced production about two months ago, and specialists from Iran helped set up the respective activities.

“We have received a loan for knitting production, and now we are carrying out it,” Asatryan added.

To the query on whether the Armenia-based products can compete with the imports, the aforesaid company head responded: “If the import is legal, why not?”

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