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Armenia exports and imports drop 4,4% and 13,7%


The export volumes of goods and services from Armenia in January-September 2020 totaled 1 billion 828 million 122 thousand US dollars at current prices. The figure dropped 4,4% compared to 2019, while the import volumes (according to the country of export) totaled 3 billion 219 million 918,7 thousand dollars – a 13,7% drop. According to the Statistics Committee, exports from Armenia to CIS countries in the reporting period totaled 494...

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Discussions were held on draft state budget of Armenia in 2021


On September 22, a  meeting was held under the chairmanship of RA Prime Minister Nikol  Pashinyan, at which the draft state budget of Armenia for 2021 was  discussed. At the meeting, RA Minister of Finance Atom Janjughazyan presented  the budgetary process, acroeconomic and fiscal frameworks, the press  service of the government reports. He noted that the development of  the draft state budget is carried out based...

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Armenia live exports grow 256% despite pandemic


Live exports of sheep and goats from Armenia grew 256% in January-July 2020 despite the coronavirus pandemic, according to data released by PM Nikol Pashinyan. He said that around 41,000 of sheep and goats worth 3,4 million dollars were exported. “This growth is the direct result of the government’s several actions,” he said, adding that live exports of these animals brings profit to many farmers. “I continue to insist...

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Armenia and Russia ink protocol on developing South Caucasian Railway


The Armenian Ministry of Territorial Administration and Infrastructures and Russia’s Ministry of Transportation signed a protocol aimed at the development of the South Caucasian Railway. The document was signed by Deputy Minister of Territorial Administration and Infrastructure Armen Simonyan and Russia’s Deputy Minister of Transportation Vladimir Tokaryev. The protocol was signed based on the agreements reached during the 19th...

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Armenia’s export volumes to Belarus and Kazakhstan grow


According to the results of the economic analysis conducted by the Eurasian Expert Club, Armenia’s export volumes to Belarus and Kazakhstan have increased in the first half of 2020 compared to the same period of 2019, Coordinator of the Eurasian Expert Club, political analyst Aram Safaryan said during a press conference․ “Even under the declining trends of overall figures, our economic export and import indicators in the Eurasian...

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