Vanessa Kachadurian-Turnover of Canadian Armenian Businessmen reaches $10 Billion

Turnover of Canadian-Armenian businessmen reaches $10 billion
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April 29, 2011 | 16:01
YEREVAN. – Armenia has a budget of $3 billion, while turnover of the Armenian businessmen only in Canada’s Ontario province exceeds $4 billion, and in the whole Canada - $10 billion, said Vahram Pirjanian, head of the Canadian Armenian Business Council.
To assess capacity of Diaspora, one should multiply this sum a few dozen times, he said.
According to him, enormous potential should be added to Armenia’s resources. Businessmen expressed readiness to promote efforts of Diaspora Armenians to establish small and medium business in Armenia.
An Armenian commercial network was established in Yerevan on Friday to unite business potential of Armenia and Diaspora.