Economy
03/05/2019 11:41Economic activeness for three months made 6,5%: ministerHe said the 6,5 economic activeness is the result of growth of the volume of industrial product by two percent points which is low as compared with the average index of the past three years.
02/05/2019 18:55Desire to keep pace with best international practices is in our DNAFirstly, loans to GDP ratio in Armenia is 45% which is way lower than that in developed countries. Therefore I wouldn’t say that the Armenian economy is over-indebted. But there is no universally right or wrong answer here, because the debt can be good and bad, as such.
02/05/2019 16:41Relations with Russia of prior significance for Armenia: Vigen HakobyanHe said for Armenia the Russian market, Russia’s proposals are of greater significance. As to the other EAEU member states, he said the relations with them are far from being allied.
02/05/2019 12:55Gas price growth may have its reflection on consumers: economistIrrespective of the circumstance that claims were made that the tariff will not go up, it did by 10%. It is a big price for the citizens, and though the new authorities claim that it will not have any impact on consumers, it does not reflect the right situation...
02/05/2019 10:56Oil prices dip on record U.S. output, but global market tenseOutside the United States, however, oil markets remained tense as exemptions to U.S. sanctions on Iran expired, a political crisis in Venezuela escalates, and as producer club OPEC keeps withholding supply.
02/05/2019 10:30Yerevan session of EAEU to be considered effective if all arrangements be brought to life: Tevan Poghosyan“As to the efficiency of the event, I am convinced that decisions will be made on the basis of discussions. If in some period of time we get real achievements, have successful investments in the economy, naturally we may say that the session in Yerevan was successful,” the analyst said.
30/04/2019 17:03Sanctions against Iran open additional opportunities for Armenia: Tigran Sarkissian“On the other hand, the sanctions against Iran create additional opportunities for Armenia as Armenia may use its geopolitical position and offer some tools which may contribute to the increase of trade turnover with Iran,” Sarkissian said.
30/04/2019 16:49EU’s statement about existence of dialogue with Eurasian Union shows first step toward establishing cooperation: Tigran Sarkissian“We are interested in the creation of cooperation mechanisms which will first of all be addressed toward creation of favorable conditions for entrepreneurs. It is first of all being spoken about having technical regulations, anti-damping researches,” he said.
30/04/2019 14:35Armenia’s PM attaches significance to price formation on energy bearers in EAEU on non-discriminatory basis“The diversification of foreign economic ties is of special significance, and Armenia will undertake all the efforts to enhance the geography of agreements on free trade and on finding new partners,” Pashinyan stressed.
30/04/2019 14:26Trade turnover between Armenia and EAEU states grows by 11%: Armenia’s PM“The total export volume from Armenia to EAEU in 2018 made 28,5% registering 20% growth. Overall, the trade turnover has registered 11% growth,” the PM stated.
30/04/2019 14:21Armenia is dynamically developing country with political stability: Nikol Pashinyan“We succeeded to minimize the activity of artificial monopolies and oligopolies. Today no one can make manipulations in Armenia with his political influence or any other levers for reaching economic goals,” Nikol Pashinyan said.
30/04/2019 11:57Public hearings on amendments in Tax legislation proceed in Armenia’s NA“The opportunities for assistance via tax tools are limited. The exported products are already relieved from the VAT and excise tax. Consequently it has only remained to relieve the tax burden,” the deputy minister said.
30/04/2019 10:52Eurasian inter-governmental council’s session kicks off in YerevanPrime Ministers of Armenia, Russia, Belarus, Kazakhstan and Kyrgyzstan as well as chairman of the Eurasian Economic Commission Tigran Sarkissyan will participate in the narrow-format event.
29/04/2019 22:16It is common in Armenia to host the dearest guests at home: PM Pashinyan meets with RF Premier Medvedev (video)It is common in Armenia to host the dearest guests at home. I am delighted for the opportunity to host you at my residence. Our relations evolved systematically during the past year. This does not mean that there were no questions whatsoever. We have come to a crucial point in our relationship, and I am confident that contrary to pessimists, we will succeed in raising our relations to a new level. I just mean that pessimists need to be turned into optimists. And we will spare no effort to this end.
29/04/2019 19:53Nikol Pashinyan receives IAEA Director GeneralThe IAEA Director General highlighted the cooperation in the field of nuclear safety on both current and future projects. He expressed readiness to continue supporting the Armenian government in that field.