YEREVAN. – Customs Union is an important market for finished goods, said head of the Union of Domestic Goods Producers Vazgen Safaryan.

This makes the Customs Union an alternative to local producers, he believes.

“On the other hand, we have exported finished goods amounting to $290 million to Customs Union member states last year. Good conditions for the Armenian light industry, machinery and other industries can be created in the common market. The exports to Europe is estimated at hundreds of millions, but it is about raw materials, especially metal concentrates,” he said.

In the terms of economic benefits, Customs Union is preferable to Armenia.