ArmInfo.  Armenia's suspension of funding to the CSTO is not a tragedy; Yerevan is not leaving the  organization. This was stated by Deputy Foreign Minister of the  Russian Federation Alexander Pankin during a session within the  framework of the international economic forumentiteled "Russia -  Islamic World: KazanForum".

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo. Armenia and the EU discussed the possibilities of expanding trade and economic cooperation. This was reported by the press service of the Ministry of Economy, referring to the results of the meeting between Minister Gevorg Papoyan and the Head of the EU Delegation to Armenia Vassilis  Maragos.

ArmInfo.

ArmInfo.

ArmInfo. In Armenia, the growth of economic activity in January- February 2024 accelerated to 13.6%  per annum (from 10.9% in the same period in 2023). The growth driver was the industrial sector. As preliminary data from the RA Statistical Committee indicate, this was accompanied by a noticeable acceleration in the upward dynamics of exports and imports.

ArmInfo.Armenia's economic activity increased by 10.7 percent in January 2024 compared to January 2023 (versus 10.5% growth a year earlier). In January alone, economic activity decreased by 45.1% (versus a 46.1% decline in January 2023), and the decline was recorded in all areas except the energy complex, according to the final data of the RA Statistical Committee.

ArmInfo.Economic activity in Armenia increased by 10.7% in January 2024 compared to January 2023  (versus 10.5% growth a year earlier). In January alone, economic activity decreased by 45.1% (versus a 46.1% decline in January 2023), and the decline was recorded in all areas except the energy complex, according to the  preliminary data from the RA Statistical Committee.

ArmInfo.The impact of re-exports on GDP growth in 2022 was about 1%, and in 2023 - even  lower, which was associated with changes in the sanctions environment, a new reality replacing traditional directions, Deputy Minister of Economy Rafael Gevorgyan TOLD Armenia's Public TV. 

ArmInfo. "We communicate with our cargo carriers on a daily basis, and the problem is not so  serious; companies can adapt to new requirements," Armenian Minister of Economy Vahan Kerobyan stated during government hour in Parliament, answering a question about the situation in Upper Lars in  view of Georgia's new requirements regarding restrictions on the number of tanks on vehicles. He emphasized in this regard that, of course, manufacturers are unhappy, but there are solutions.

ArmInfo. By the end of 2023, for the first time, Armenia's foreign trade turnover will exceed 110%  of the country's GDP, and the negative balance of foreign trade will approach zero. Armenian Minister of Economy Vahan Kerobyan stated on February 6 at a plenary session of Parliament.

ArmInfo.

ArmInfo.

ArmInfo. An Armenian-Czech business forum was held in Yerevan.

ArmInfo.In reality, there are fewer obstacles to exporting Armenian products to the EU market  than is commonly assumed. A similar opinion was expressed in an interview by Deputy Minister of Economy of Armenia Rafayel Gevorgyan.

ArmInfo.

ArmInfo.

ArmInfo. Armenia will close 2023  with GDP growth in the range of 8- 8.5%, instead of the 7% planned by  the state budget and the 7.2% expected by the budget for 2024. At the  same time, the country's GDP generation potential, as before, does  not exceed 5%, Armenia's former minister of finance Vardan Aramyan  told ArmInfo.