ARMENIA-RUSSIA COMMODITY TURNOVER GROWS BY 12% EVERY YEARJuly 31, 2002 - 23:40 AMT PanARMENIAN.Net - The volume of the export of the production of the Armenian enterprises to Russia was $ 27 million 2002 first six months. According to the data of RA trade and economic development deputy minister Ara Petrosian, the import form Russia to Armenia was $79 million for the same period. According to him, the growth dynamics of the foreign commerce of Armenia with Russia for the recent years let forecast 12 % export growth this year versus the same figures last year. At present, products of food, mining, chemical industries are exported from Armenia to Russia. The main part of the Russian import to Armenia includes starting materials. Petrosian noted, stable growth of the commodity turnover between Armenia and Russia first of all reached due to the Armenia-Russia 2000 agreement on double taxation elimination according to which Armenian exporters are exempted from VAT in Russia. Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". Partner news | Viva: Armenia's leading technology company introduces a new trademark The updated brand Viva reflects a qualitatively new level of digital services. Turkey restoring 500-year-old Surp Sarkis Armenian Church During the program, Sahak Maşalyan, the Patriarch of Türkiye's Armenians, inspected the historic church and offered prayers. Cumulative deposit on flexible terms: Byblos Bank Armenia's new offer Once the deposit is fixed, it can be topped up at any time, and interest will be accrued quarterly. BSEC Secretary General due in Armenia on July 1 On July 1, the Secretary General of the Black Sea Economic Cooperation Organization (BSEC) Lazar Comanescu will pay a working visit to Armenia. |