Armenia, Poland discuss possibilities for increasing trade turnover

Minister of Economy Vahan Kerobyan and his deputy Arman Khojoyan had a meeting in Berlin with Poland’s Deputy Prime Minister and Minister of Agriculture and Rural Development Henryk Kowalczyk. Both sides attached importance to the big potential and prospects for developing the Armenian-Polish ties, especially in agriculture, the ministry of economy of Armenia said in … Read more

Armenia and Turkey launch direct air cargo transportation

Armenia and Turkey are launching direct air cargo transportation. According to Anadolu News Agency, direct air cargo transportation between Armenia and Turkey is permitted from January 1, 2023. According to the sources, the decision was adopted following the negotiations between the representatives of the two countries, including the special envoys for the normalization of the … Read more

Armenia bans export of some agricultural products

The Armenian government on December 22 decided to ban the export of some agricultural products from Armenia for 6 months, the Armenian Ministry of Economy reported in Facebook. “To ensure food security and stabilization of Armenia’s economy, goods under codes 1206 00 990 0, 1512 11 910, 1512 19 900 2 and 1512 19 900 … Read more

ANIF’s new contribution in Armenia’s agricultural sector

Armenian National Interests Fund (ANIF) said today its subsidiary “Entrepreneur + State” Investments Fund is launching a new investment project jointly with the “K&G” company. The joint project “Berrymount” company will start large-scale production of strawberries for export. The partner company “K&G” was founded in 2015 and already has two greenhouses with a total area … Read more

PM: Armenia trade with other EEU countries increased by 80%, amounted to more than $3 billion

Armenia’s trade with the other Eurasian Economic Union (EEU) member countries amounted to more than $3 billion and increased by about 80 percent in January-September of the current year compared to the same period of 2021. Armenian Prime Minister Nikol Pashinyan announced this at Friday’s Supreme Eurasian Economic Council meeting being held in the Kyrgyz … Read more

Armenia-Iran trade grew 45% in January-October – official

Trade between Armenian and Iranian increased by 43.5% in the first 10 months of 2022, rising from $390 million to around $560 million in the reporting period, Armenian Deputy Economy Minister Armen Arzumanyan told reporters on Tuesday, December 6, Arka reports. Arzumanyan noted that the countries have good business cooperation and for its further development … Read more

Armenia’s economic activity index grows 14.5% in ten months

Armenia’s economic activity index increased by 14.5% in January-October 2022 compared to January-October 2021, the Statistical Committee said. Industrial production volume increased by 9.9% in January-October 2022 compared to the same period of the previous year. Construction volume registered a 14.4% increase in the past 10 months. The increase in trade turnover comprised 15.5%. The … Read more