Exports from Armenia to the other Eurasian Economic Union (EEU) member countries in the first eight months of the current year have amounted to $1.1 billion, increasing two times compared to the same period last year. Minister of Economy Vahan Kerobyan stated this in the National Assembly (NA), at Thursday’s joint session of NA standing … Read more
Despite the global political tension and difficult socio-economic situation, the Eurasian Economic Union (EAEU) is consistently implementing the integration agenda, by deepening the cooperation between our countries, Prime Minister of Armenia Nikol Pashinyan said during the extended-format session of the Eurasian Intergovernmental Council in Yerevan. “In the current year, under conditions of new and ongoing … Read more
In Armenia, companies and legal entities involved in the transportation of goods will have to pay a fine for each ton of excess weight if the vehicles in their possession are overloaded. Armen Danielyan, the acting head of the Office for the Coordination of Inspection Authorities of the Prime Minister’s Office, said at the meeting … Read more
The chairman of Armenia’s State Revenue Committee (SRC) Rustam Badasyan traveled today to the Armenian-Georgian border to inaugurate together with Georgian peers the modernized Ninotsminda customs checkpoint. Badasyan was quoted by SRC as saying that the constructive partnership between Armenia and Georgia includes many important areas of interstate relations, including high-level cooperation in the customs … Read more
Armenia’s foreign trade in the first 8 months of 2022 soared by 56.2% from the same time span of 2021 to over $7.8 billion, the National Statistical Committee (NSC) said today. It said the foreign trade in August 2022 alone amounted to over $1.4 billion, twice as much as in August 2021. Compared to July … Read more
Armenia’s economic activity index increased by 13.9% in January-August 2022 compared to January-August 2021, the Statistical Committee said. Industrial production volume increased by 9.2% in January-August 2022 compared to the same period of the previous year. Construction volume registered an increase of 14.2% compared to January-August 2022. 13.6% increase was registered in trade turnover. The … Read more
Armenia will ratify the Eurasian Economic Union (EEU) member states agreement on the oversight of the distribution of revenues from customs duties. Deputy minister of finance Arman Poghosyan informed about this during Mondays parliamentary debates on the aforementioned agreement. According to him, this document provides oversight on whether the EEU countries correctly distribute the revenues … Read more
During his second trip to neighboring countries after his visit to the Republic of Azerbaijan, Governor of East Azerbaijan Province Abedin Khorram headed a delegation of economic and commercial figures from the province to Armenia, IRNA reports. Referring to the goals of the provincial trade and economic delegation in Armenia, Khorram noted that tracking customs … Read more
The Trade Promotion Organization of Iran announced that the country’s exports to Armenia have increased by 20 percent, writes ParsToday. Rahmatollah Kharmali, Iran Trade Promotion Organization Director General for Central Asia, Caucasus and Russia, said: “In the first four months of the current Iranian year [i.e., mid-March to mid-July 2022], Iran’s exports to Armenia amounted … Read more
In the current difficult conditions between Georgia and Armenia in the sphere of trade and economic relations, growth has been recorded. During the same period compared to the previous year, the growth was 97%, Armenian Prime Minister Nikol Pashinyan said in his speech on the occasion of the opening of the Friendship Bridge today. He … Read more