Armenia’s exports exceed $2 billion for first time everDecember 20, 2017 - 17:10 AMT PanARMENIAN.Net - Armenia’s exports of 2017 topped $2 billion for the first time ever, data provided by the ministry of economic development and investments revealed on Wednesday, December 20. In January-November of the current year, exports amounted to $2.013 billion, up by 23.5% year-on-year. According to the National Statistical Service, export volumes totaled $1,621 billion in the eleven months of 2016. In January-October 2017, 30% of the goods were shipped to CIS countries, including 26.8% to Russia alone. Another major recipient of Armenian products was the European Union which imported mineral product, ready-made food products, precious and semi-precious stones, precious metals and articles made of them. 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 | Get Started: An educational platform for young startuppers The Get Started program which operates in two phases is an important platform for young startuppers. Byblos Bank Armenia celebrates Students' Day with scholarship recipients YSU students who received scholarships from Byblos Bank Armenia gathered in a casual setting to meet with the Bank's CEO, Hayk Stepanyan. Azerbaijan extends Rune Vardanyan’s arrest by 5 months A court in Azerbaijan has extended the arrest of former Nagorno-Karabakh leader Ruben Vardanyan by five months. Armenia border residents dissatisfied with delimitation Residents Kirants are dissatisfied with the results of the delimitation of the border between Armenia and Azerbaijan. |