YEREVAN. – Armenia will provide subsidies to the exporting companies, Deputy Minister of Economy Sergey Avetisyan told Armenian News-NEWS.am.

Avetisyan stated this commenting on the $50-million loan project with the World Bank, and to enhance quality and export control in Armenia.

In his words, the respective standards are being developed and, corresponding to which, those who export products from Armenia will be able to apply for subsidies.

“Thereon, the application will be considered and, if necessary, it will be granted,” Sergey Avetisyan added.