Armenia’s foreign trade turnover drops by 19.9% in 7 monthsAugust 31, 2015 - 16:59 AMT PanARMENIAN.Net - Armenia’s foreign trade turnover amounted to $2,657 million in January-July 2015, decreasing by 19,9% against the same period in 2014, the country’s National Statistical Service reports. The exports totaled $847 million, up 0,1% from last year, while imports amounted to $1,810 million, dropping by 26,7%. In January-July 2015, Armenia’s Economic Activity Index increased by 4,2% against last year’s results. The volume of industrial production showed an 4,1% increase in the reporting period; gross agricultural output is up by 14,8%, the volume of construction climbed by 0,4%, the volume of services showed an 2,4% upsurge, with electricity production up by 1,9%. Top stories 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 | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |