Artsakhpress

Economy

Bako Sahakyan had a meeting with a group of representatives of the ministry of finance

On 21 August President Bako Sahakyan had a meeting with a group of representatives of the Artsakh Republic ministry of finance at the head of minister Arthur Haroutyunyan, Central Information Department of the Office of Artsakh Republic President stated.

Russia presidential advisor expected to become EEC minister for integration, macroeconomics

Russian presidential advisor Sergey Glazyev is expected to replace Tatiana Valovaya as member of the board (minister) for integration and macroeconomics of the Eurasian Economic Commission (EEC).

Oil rises as U.S. retail sales ease recession fears

Crude oil prices rose on Friday following two days of declines, buoyed after data showing an increase in retail sales in the U.S. helped dampen concerns about a recession in the world’s biggest economy.

In July the Volume of Artsakh imported goods increased by 17.7 %

In July of the current year, products worth 11.5 billion drams have been imported to the territory of the Republic of Artsakh, which exceeded the same index of the previous year by 1.7 billion drams or 17.7%.

Armenia government will provide about AMD 2.9bn in assistance to Artsakh

The government of Armenia will provide about 2.9 billion drams in assistance to Artsakh (Nagorno-Karabakh), to resolve the housing issues of the military pensioners of the Artsakh Defense Army, the Prime Minister of Armenia, Nikol Pashinyan, noted this in a Facebook post.

World oil prices falling

World oil prices are falling during trading on Tuesday, RT reported.

Dollar loses value in Armenia

The American dollar’s (USD) exchange rate against the Armenian dram (AMD) comprised AMD 475.90/$1 in Armenia on Monday; this is down by AMD 0.23 from the previous business day in the country, according to the official website of the Central Bank of Armenia.

Dollar goes down in Armenia

The American dollar’s (USD) exchange rate against the Armenian dram (AMD) comprised AMD 476.13/$1 in Armenia on Friday; this is down by AMD 0.08 from Thursday, according to the official website of the Central Bank of Armenia.

Russian PM: Eurasian Economic Union goods must be of highest quality

The quality standards for goods produced and exported to the Eurasian Economic Union (EAEU) should be the highest, Prime Minister Dmitry Medvedev said at a meeting of the Eurasian Intergovernmental Council.

Armenian PM delivers opening remarks at EEU session, highlights creation of single financial market

Armenian Prime Minister Nikol Pashinyan participated in the regular session of the Eurasian Inter-governmental Council on August 9 in Kyrgyzstan.

Russia PM: Eurasian Economic Union intergovernmental council’s next meeting to be held in Moscow

The next meeting of the Eurasian Economic Union intergovernmental council will be held in Moscow on October 25, Russian PM Dmitry Medvedev said, news.am reports.

Artsakh's largest economic project launched in Mataghis (Video)

At the suggestion of former Artsakh Prime Minister Arayik Harutyunyan, an investment project worth more than $ 100 million has been launched in Mataghis. The project will be implemented by means of foreign investors.

Oil prices are falling

World oil prices of WTI and Brent are falling, RT reported.

Expansion of EAEU not being planned yet – EEC Board Chairman

Expansion of the Eurasian Economic Union (EAEU) at the expense of new participating countries is not being planned yet, Chairman of the Board of the Eurasian Economic Commission (EEC) Tigran Sargsyan said in an interview to TASS.

The harvest of grain crops in Artsakh is underway

As of June 27, from 67. 762 hectares sowing areas for grain harvest only 49 thousand 97 hectares have been reaped in the Republic of Artsakh.

In May the Volume of Artsakh imported goods increased by 15.2 %

In May of the current year, products worth 12.9 billion drams have been imported to the territory of the Republic of Artsakh, which exceeded the same index of the previous year by 1.7 billion drams or 15.2%.

Russia highly appreciates Armenia’s aspirations within its chairmanship in EAEU: Putin to visit Armenia

Russia highly appreciates Armenia’s aspirations conditioned by its chairmanship in the Eurasian Economic Union (EAEU), Russian Ambassador to Armenia Sergei Kopyrkin told reporters during today’s press conference in Yerevan.

Armenian FM sees need to intensify efforts to solve non-discriminatory pricing issue of energy resources in EAEU

Assuming chairmanship in the Eurasian Economic Union (EAEU) Armenia got a chance not only to affect the formation of the agenda of the structure, but also to promote its priorities. As a priority it is necessary to intensify efforts to solve the sensitive issue of pricing for energy resources on non-discriminatory basis, Armenian Foreign Minister Zohrab Mnatsakanyan said during the parliamentary hearings on Armenia’s EAEU chairmanship year.

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

In January-May of this year, the tax revenues and duties of the state budget of the Republic of Artsakh amounted to 24 billion 242 million 900 thousand drams exceeding the planned 22 billion 600 million drams by 7.3% or 1 billion 642 million 100 thousand drams.

Oil prices are rising

World oil prices are rising, RT reported.