Armenia exports up by 24% in Jan-Feb 2016![]() March 22, 2016 - 12:17 AMT PanARMENIAN.Net - Armenia’s foreign trade turnover amounted to AMD 264,3 billion in January-February 2016, decreasing by 1,8% against the same period in 2015, the country’s National Statistical Service reports. The exports totaled AMD 110 billion, up by 23.6 % against the same period last year, while imports amounted to AMD190 billion, dropping by 12,2%. The negative balance of trade thus amounted to $162.8 million in the reporting period. Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news |