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Economy
19:19 04/03/2019Iran-EAEU free trade agreement to boost trade relations, Armenian minister saysThe agreement on formation of a free trade zone between the Eurasian Economic Union (EAEU) and Iran will open up new opportunities for Armenia and Iran, the minister of economic development and...
20:00 02/03/2019Cheese, yoghurt, sour scream production levels increase in Armenia in 2018According to data provided by the National Statistics Service (NSS), 21, 248.7 tons of cheese were produced in Armenia in 2018 which is 11% more compared to the previous year.
14:22 01/03/2019Expert weighs in on Armenia’s possibility of becoming transit country for Iranian gasArmenia can become a transit country for Iranian gas, but another question is whether Iran will be able to export large volumes of gas to Europe, an expert on energy geopolitics and international...
19:22 27/02/2019Connecting Europe-Armenia-Iran-Qatar: Armenian company gets involved in a large regional projectBoard member of World Information Technology and Service Alliance (WITSA), president of Union of Advanced Technology Enterprises (UATE) and WCIT 2019 IT international congress Alexsander Yesayan has...
11:25 26/02/2019Oil slips after Trump calls on OPEC to rein in pricesOil inched down on Tuesday to extend losses of more than 3 percent from the previous session, easing after U.S.
11:44 23/02/2019Armenia to introduce environmental tax on plastic bags, looks to ban from 2022Armenia’s ministry of nature protection has come up with a draft legislation banning the free provision of plastic bags to be enacted from January 1, 2020.
17:29 22/02/2019Minsk expects to agree with Moscow on gas prices by 2020Belarus expects to intensify negotiations with Russia in March on prices of gas from 2020 in order to resolve this issue until June 1, 2019, Minister of Energy of Belarus Viktor Karankevich said on...
14:13 21/02/2019Estonia orders Danske Bank out after money-laundering scandalRegulators in Estonia have ordered Danske Bank to leave the country within eight months, arguing that the Danish bank’s $230 billion money-laundering scandal had tarnished the reputation of Estonia’s...
19:09 19/02/2019Bread, flour production significantly drops in ArmeniaBread production volumes have significantly reduced in Armenia in the past year, according to the latest figures released by the Statistical Committee.
12:52 18/02/2019Armenian companies to export leather items to EU, Asia and RussiaWith the support of Business Armenia, the factory of Elmasta, a handbag producing company in Russia, and Armenian companies will cooperate in producing leather bags in the country.
15:55 16/02/2019Eurasian Expert Club assesses Armenia’s economic performance in 2018 as satisfactory2018 was a difficult year for Armenia as number of political developments significantly affected the country’s economic performance, Aram Safaryan, the head of Integration and Development NGO,...
15:32 15/02/2019Global Finance names Ameriabank Armenia’s best investment bankThe Global Finance magazine has named Ameriabank the best investment bank in Armenia for the fourth year in a row, the bank said in a press release on Friday.
15:05 15/02/2019PM: There are numerous investment projects are our disposalThere are numerous investment projects at the Armenian government’s disposal, some of them are realistic, some are unserious, while some need to be worked on, Prime Minister Nikol Pashinyan said at...
13:54 15/02/2019Pashinyan: Government's economic revolution concept perceived by Armenian societyThe economic revolution concept or resolution proposed by the new government is largely perceived by the Armenian society, Prime Minister Nikol Pashinyan said during today’s Cabinet meeting,...
10:56 15/02/2019Armenia sees strong growth in diamond, jewelry productionDiamond and jewelry production grew strongly in Armenia in 2018, the latest official statistics show.
18:56 14/02/2019Agriculture to be one of the main directions of Artsakh economic growth, former PM saysFormer Prime Minister of Artsakh Republic believes the agriculture sector will be among the main drivers for the country’s economic growth, Artsakhpress agency reported.
10:24 14/02/2019US national debt hits record $22 trillionThe US national debt surpassed $22 trillion for the first time on Tuesday, a milestone that experts warned is further proof the country is on an unsustainable financial path that could jeopardize the...
15:09 13/02/2019Russian gas prices not to grow for Armenian customers in 2019, Pashinyan reiteratesThe tariffs of Russian natural gas will not increase for Armenian customers in 2019, Prime Minister Nikol Pashinyan reiterated at a parliament session on Wednesday.
14:33 13/02/2019PM: No concessions to traders avoiding customs dutiesPrime Minister Nikol Pashinyan of Armenia rules out any possibility of making concessions to those people who import goods for commercial purposes under the guise of personal use in an effort to...
14:11 12/02/2019PM: Exports are the main prospect for Armenia’s economic developmentHuman thought, intellect and initiatives should be the driving force of the Armenian economy, Prime Minister Nikol Pashinyan said today, introducing the government’s action plan to the lawmakers.