The Armenian Export Center (AEC) is financed by the government and it facilitates and promotes the export of Armenian goods and services. It grants accesses to financial grants, regulatory advice, market access information, and networking opportunities to companies in the effort to expand their global reach. Its intention is the internationalization of Armenian goods and services in favor of promoting the export industry in the country, benefiting local businesses, and driving economic development.
Services
AEC offers a variety of services intended to assist companies in their exporting endeavors. These services assist businesses with international trade compliance, market entry, and building solid international alliances.
Trade information and market access
For companies wanting to grow globally, accurate market information is needed. AEC helps companies to determine the most promising markets for their goods through in-depth analyses, industry trends, and demand information in foreign markets. These could include knowledge of European textile regulations and taxes as well as customer preferences for an exporting textile concern.
Financial assistance and export incentive plans
AEC offers financial support to companies in order to promote exporting. These incentives consist of decreased tariffs, tax breaks, export awards, and money for trade promotion initiatives. Financial assistance to pay manufacturing and certification expenses might be advantageous for a local food producer that intends to sell organic goods to the Middle East.
Networking and promoting trade
The secret to successful exporting is building solid business ties. AEC connects Armenian businesses with worldwide distributors, investors, and purchasers by hosting international exhibitions, trade shows, and business matchmaking events. For instance, AEC’s networking services may be used by an IT business that provides software solutions to establish alliances with tech companies in Europe.
Support for compliance and certification
Different nations have different laws governing the safety, quality, and labeling of products. AEC assists companies in obtaining export permits, certificates, and compliance paperwork required to satisfy global trade regulations. For example, help may be provided to an Armenian vineyard exporting to the EU so that it can get the quality certificates required for distribution in Europe.
Supply chain assistance and logistics
Smooth exports depend on effective customs and transportation processes. AEC offers advice on supply chain optimization, customs clearance, and shipping logistics to make sure companies can deliver their goods on schedule and affordably. A jewelry exporting company may want assistance in locating affordable international shipping options.
Business relevance and use cases
AEC is a useful tool for Armenian companies in a variety of sectors, assisting them in growing abroad and maintaining their competitiveness in international markets. AEC is usually contacted by businesses in the following situations:
Producers growing their exports reach
In order to sell textiles, machinery, and consumer products overseas, Armenian producers need assistance finding possible customers, comprehending foreign laws, and negotiating trade agreements. They get assistance from AEC with market research, certification procedures, and worldwide distributor connections. For instance, AEC’s support in compliance and trade promotion might be advantageous for a home appliance company aiming to reach the Russian market.
Producers of food and agriculture entering international markets
Although Armenia’s thriving agriculture industry offers substantial export prospects, companies must adhere to stringent food safety and quality regulations in international markets. AEC provides financial incentives for growth and assists local manufacturers in obtaining the required certifications. A dairy producer who wants to sell Armenian cheese to European countries, for example, might get assistance in adhering to EU food safety standards and establishing contact with European buyers.
IT and technology companies looking for clients abroad
AEC’s services can help Armenia’s booming IT and technology industry grow internationally. The organization assists IT firms with worldwide contracting, networking, and finance access for global company expansion. AEC may assist a cybersecurity company wishing to reach the U.S. market in creating a global sales plan and going to trade shows.
Small and medium businesses (SMEs) seeking opportunities worldwide
Trade obstacles, a lack of experience, and a lack of finances make it difficult for many Armenian SMEs to penetrate international markets. AEC offers them specialized advice, funding, and market entrance tactics to ensure their success. AEC may help a handmade ceramics company that sells online, for instance, by helping them comprehend export laws for e-commerce and maximizing international shipping.
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