Artsakhpress

Economy

Armenian Parliament votes in favor of ratifying EAEU-China agreement

The Parliament of Armenia voted in favor of ratifying the agreement aimed at deepening and expanding the mutual partnership between the Eurasian Economic Union (EAEU) and China.

Artsakh State Minister received a group of entrepreneurs engaged in woodworking production

Artsakh Republic State Minister Grigory Martirosyan held a meeting with a group of entrepreneurs engaged in woodworking production in Artsakh.

One dollar falls below AMD 483 in Armenia

The American dollar’s (USD) exchange rate against the Armenian dram (AMD) comprised AMD 482.83/$1 in Armenia on Thursday; this is down by AMD 0.55 from Wednesday, according to the official website of the Central Bank of Armenia.

The volume of Artsakh imported goods in the first quarter of the current year increased by 10%

28. 8 billion worth of goods have been imported to Artsakh Republic, which exceeds the indicator of the same period of the last year by 2.6 billion drams or 10%.

Arayik Harutyunyan published exclusive information on the suspension of Magahvuz Coal Mine

Chairman of "Free Homeland" Party, former Prime Minister of the Republic of Artsakh Arayik Harutyunyan on his Facebook page has published exclusive information about the Maghavuz coal mine in the Martakert region.

Armenia's carpet production grows strongly in Jan-Feb

Armenia saw a strong growth in production of carpet and carpet coverings in the first two months of 2019 against the same period of 2018, the latest statistics reveal.

In the first quarter of the current year tax revenues to Artsakh Republic state budget increased

In the first quarter of the current year tax revenues and fees to the Artsakh Republic state budget amounted 11 billion 714 million 700 thousand drams, exceeding the planned 10 billion 800 million drams by 8.5 percent or 914 million 700 thousand drams.

Complex Program of Tobacco Production has begun in Ishkhanadzor

At the initiative of the "Vardanyan Family" Charitable Foundation a complex program of tobacco production has begun in Ishkhanadzor community of Kashatagh region.

Pashinyan assures Iran-EAEU free trade deal derives from Armenia’s interests

The agreement on forming a free trade zone between Iran and the member states of the Eurasian Economic Union (EAEU) derives from Armenia’s interests. And the local products cannot yield to goods which are imported with low customs fees if the local producers, villagers really work hard, Prime Minister Nikol Pashinyan said in his remarks in the Parliament.

Tobacco production program kicked off in Ishkhanadzor

Chairman of Free Homeland party Arayik Harutyunyan wrote on his Facebook page that according to the agreement reached with the Vardanyan family a complex program of tobacco production has begun in Ishkhanadzor community of Kashatagh region.

Economic revolution in Armenia will triumph, assures Pashinyan

Prime Minister Nikol Pashinyan has presented how citizens can have participation in the economic revolution and the government’s steps aimed for ensuring this participation.

In February the Volume of Artsakh imported goods increased by 18.5 %

In February of the current year products worth 10.2 billion drams have been imported to the Republic of Artsakh, which exceeded the same index of the previous year by 1.6 billion drams or 18.5%.

We should present Artsakh products in different markets. Tatul Manaseryan

On March 13, the Director of the “Alternative Research Center” and Doctor of Economics Tatul Manaseryan visited Artsakh State University.

In 2018 foreign trade turnover amounted to 268 billion drams

In 2018 the volume of foreign trade turnover in the Republic of Artsakh amounted to 268.1 billion drams or 555.1 million USD at actual prices.

In 2018 Artsakh recorded about 12% economic growth. Manoush Minasyan

In 2018 Artsakh recorded high economic growth rate (more than 11.9%).

Israeli tourists’ interest towards Artsakh gradually grows

The Republic of Artsakh has put a task to ensure 20-25% tourism growth for 2019 compared to 2018.

Dollar continues to fall in Armenia

The American dollar’s (USD) exchange rate against the Armenian dram (AMD) comprised AMD 488.57/$1 in Armenia on Monday; this is down by AMD 0.51 from the previous business day in the country, according to the official website of the Central Bank of Armenia.

The number of applications for pomegranate seedlings has increased 5 times. Minister of Agriculture

This year, we have received applications of pomegranate seedlings for more than 750 hectares. The number has increased 5 times as compared with the previous year.

In January-February tax revenues to Artsakh Republic state budget increased

In January-February of the current year tax revenues and fees to the Artsakh Republic state budget amounted 6 billion 837 million 100 thousand drams, exceeding the planned 6 billion 500 million drams by 5.2 percent or or 337 million 100 thousand drams.

Armenia ready to be transit country for Iranian gas. Pashinyan

As a country currently holding the presidency at the Eurasian Economic Union (EEU), it is important for Armenia that the EEU-Iran free trade deal is undergoing a ratification process in parliaments of the organization, Armenian PM Nikol Pashinyan told a news conference after negotiations with Iranian President Hassan Rouhani in Tehran, Iran.