Tuesday, February 20 2018 16:01
Alexandr Avanesov

Maxim Sokolov: Russian Federation remains the main trade partner of Armenia

Maxim Sokolov: Russian Federation remains the main trade partner of  Armenia

ArmInfo. Meetings with  Armenian partners at the site of the Intergovernmental Commission  have proved to be an effective mechanism for promptly agreeing joint  actions. This allows us to timely work out a set of measures aimed at  deepening economic cooperation, implementing a unified economic  policy within the framework of the Eurasian Economic Union. This was  stated by the Russian co-chairman of the commission, the Minister of  Transport of the Russian Federation Maxim Sokolov at the 18th meeting  of the Russian-Armenian intergovernmental commission for economic  cooperation on February 20.

According to the press service of Russian Transport Ministry, the  meeting discussed a wide range of issues, including cooperation in  the trade and economic sphere, in the fuel and energy complex,  transport, agriculture, industry and culture. The parties discussed  the possibilities of cooperation in the creation of joint investment  projects for implementation in FEZ Meghri. Based on the results of  the discussion, the Ministry of Economic Development jointly with the  Ministry of Industry and Trade of the Russian Federation, the Russian  Export Center and the Chamber of Commerce and Industry of the Russian  Federation was instructed to work out the possibility of involving  Russian companies in the work of FEZ Meghri and assist in  establishing contacts with Armenian partners.

Sokolov noted the intensification of trade relations, and this  dynamics is increasingly seen. So, if in 2016 the trade turnover grew  7%, then by the end of 2017, growth was already almost 30% - up to $  1.7 billion, Russian exports increased by 28%, and imports from  Armenia increased by 34%. A significant share in Russian imports from  Armenia is taken by agricultural products - 56.8%.

"We expect that our work will allow us to consolidate the positive  dynamics in trade," M. Sokolov said. He recalled that at the last  meeting of the commission, which took place in July 2016 in St.  Petersburg, it was decided more than 50 decisions affecting various  areas of cooperation. During the period 2016-2017. active work was  carried out to implement them. So, the Russian gas supplies to the  Republic of Armenia continued at a reduced price, duty-free supplies  of oil products, the Russian-Armenian interregional forum is  regularly held, and in December 2017 a branch of the Russian Center  for Science and Culture in Gyumri was opened. A number of agreements  have also been signed in various areas of cooperation.

The Russian Federation remains the main trade partner of Armenia, M.  Sokolov stressed.

Karapetyan, summing up the results of the cooperation, expressed his  readiness to expand it in all directions, including transport and  infrastructure projects, as well as in the field of health, science,  culture and education.

The protocol of the 18th meeting fixed a number of instructions to  the agencies of the parties, monitoring of implementation of which  will be taken for regular monitoring.

READ ALL COMMENTS

Nika
Хочется надеяться, что и в дальнейшем наше партнерство будет приносить только положительные результаты для обоих государств.
Nika
Также положительным моментом является вступление Армении в ЕАЭС, что еще раз подтверждает заинтересованность руководства страны в сотрудничестве с Россией.
Nika
Общее прошлое, религия, тесные связи между нашими народами - все это идет на благо развития наших экономических связей.
Nika
Вот отличный пример умного руководства страной. Молодец Саргсян, работает на благо своей родины и принимает решения, выгодные для экономики Армении.

POST A COMMENT
Input digits     


News
Armenia ranks 3rd in terms of the number of requested certificates  for a permanent residence permit in GeorgiaArmenia ranks 3rd in terms of the number of requested certificates  for a permanent residence permit in Georgia
HSBC Armenia named Best Cash Management Bank by Euromoney  HSBC Armenia named Best Cash Management Bank by Euromoney  
Finances, energy, medicine and tourism are the priority sectors of  IFC`s cooperation with Armenia Finances, energy, medicine and tourism are the priority sectors of  IFC`s cooperation with Armenia 
In Armenia by October 2019 birth rate decreased by 0.1%, with an  increase in mortality by 2.2% In Armenia by October 2019 birth rate decreased by 0.1%, with an  increase in mortality by 2.2% 
Conference - Exhibition of Pharmaceutical Business India-Armenia Held  in YerevanConference - Exhibition of Pharmaceutical Business India-Armenia Held  in Yerevan
Statistics: In January-September 2019 the population of Armenia  decreased by 11.7 thousand people.Statistics: In January-September 2019 the population of Armenia  decreased by 11.7 thousand people.
Nikol Pashinyan expressed dissatisfaction with the implementation of  subvention programs in YeghegnadzorNikol Pashinyan expressed dissatisfaction with the implementation of  subvention programs in Yeghegnadzor
Nikol Pashinyan familiarized with the process of implementing  subvention and other programs in the Syunik regionNikol Pashinyan familiarized with the process of implementing  subvention and other programs in the Syunik region
Armenian citizens make money and get rid of the burden of mortgage  loans ahead of schedule - PashinyanArmenian citizens make money and get rid of the burden of mortgage  loans ahead of schedule - Pashinyan
Pashinyan: Armenia is an attractive country for foreign investmentPashinyan: Armenia is an attractive country for foreign investment
Deputy Prime Minister: Armenia is ready to host the participants of  the EBRD annual meeting at the highest levelDeputy Prime Minister: Armenia is ready to host the participants of  the EBRD annual meeting at the highest level
Ministry of Finance: Henceforth, to participate in public  procurement, enterprises must provide information on a bank guaranteeMinistry of Finance: Henceforth, to participate in public  procurement, enterprises must provide information on a bank guarantee
Minister: The Government of Armenia is exploring various options for  improving transport links with the EAEU countriesMinister: The Government of Armenia is exploring various options for  improving transport links with the EAEU countries
Minister: The Russian side has doubts about the country producing  blue cheese Minister: The Russian side has doubts about the country producing  blue cheese 
GK DASOYAN Group of Companies opens a new knitwear factory in  AlaverdiGK DASOYAN Group of Companies opens a new knitwear factory in  Alaverdi
Beeline has concluded the largest landline network modernization  project in the company`s historyBeeline has concluded the largest landline network modernization  project in the company`s history
In October 2019, compared with October 2018, the passenger flow  through the airports of Armenia increased by 12.6%In October 2019, compared with October 2018, the passenger flow  through the airports of Armenia increased by 12.6%
Reuters: Economic Reforms Bring Armenia Into the Perspective of  Income-Craving InvestorsReuters: Economic Reforms Bring Armenia Into the Perspective of  Income-Craving Investors
Armenian State Control Service studies legality and effectiveness of  investment processes initiated after the victory of the Armenian State Control Service studies legality and effectiveness of  investment processes initiated after the victory of the "velvet  revolution"
Tigran Avinyan spoke about scientific and technological potential of  Armenia at a meeting with the leadership of HuaweiTigran Avinyan spoke about scientific and technological potential of  Armenia at a meeting with the leadership of Huawei
"Designed in Italy, Made in Armenia" - "Ceramisia" Armenian-Italian  joint venture production was opened in Armenia
Georgia and Armenia will switch to Free-Route Airspace regimeGeorgia and Armenia will switch to Free-Route Airspace regime
The metallurgical industry of Armenia had growth since October 2019The metallurgical industry of Armenia had growth since October 2019
Output of aluminum foil had positive tendency in Armenia in  January-September 2019Output of aluminum foil had positive tendency in Armenia in  January-September 2019
Electricity generation decreased by 2.2% in January-September 2019Electricity generation decreased by 2.2% in January-September 2019
Russian Railways: The RA Rail Management Concession Agreement may be  updateRussian Railways: The RA Rail Management Concession Agreement may be  update
Armenian wines and brandies were presented at China International  Import ExpoArmenian wines and brandies were presented at China International  Import Expo
Ardshinbank Meets Armenia s Representative at Junior Eurovision 2019Ardshinbank Meets Armenia s Representative at Junior Eurovision 2019
Pashinyan at the celebration of the 15th anniversary of the founding  of Synopsys Armenia: Knowledge for us is a means of expanding the  boundaries of the possiblePashinyan at the celebration of the 15th anniversary of the founding  of Synopsys Armenia: Knowledge for us is a means of expanding the  boundaries of the possible
State budget proficit of Armenia increased by October 2019 to $ 199.8  millionState budget proficit of Armenia increased by October 2019 to $ 199.8  million


Exchange rates
08.11.2019
RUB7.47-0.03
USD477.47-0.17
EUR526.75-2.05
GBP611.21-2.98
CAD361.52-1.12
JPY43.64-0.12
CNY68.220.04
CHF479.38-1.23


Experts
During the first 5 years, the agricultural insurance market in Armenia will operate at a lossDuring the first 5 years, the agricultural insurance market in Armenia will operate at a loss
Artak Kamalyan: Education is the key to success. Everything else is of secondary importanceArtak Kamalyan: Education is the key to success. Everything else is of secondary importance
Head of PSRC: Whatever the agreement, the domestic tariff is  dependent on the price at the borderHead of PSRC: Whatever the agreement, the domestic tariff is  dependent on the price at the border
IMF: Armenia needs to achieve sustainable inclusive growthIMF: Armenia needs to achieve sustainable inclusive growth
Artur Atoyan: Problems of fish farmers are solved by the communist  method, that is, they are not solved at allArtur Atoyan: Problems of fish farmers are solved by the communist  method, that is, they are not solved at all
HSBC Bank Armenia digitalizes cooperation with retail clients HSBC Bank Armenia digitalizes cooperation with retail clients 
AmRating agency in cooperation with European Rating-Agentur Expert RA  GmbH has issued regular research on Armenia`s banking systemAmRating agency in cooperation with European Rating-Agentur Expert RA  GmbH has issued regular research on Armenia`s banking system
Yulia Ustyugova: Armenia can get access to IMF “insurance line”Yulia Ustyugova: Armenia can get access to IMF “insurance line”
Armand Arton: The question whether citizenship should be granted in  return for investments is rather rhetoricalArmand Arton: The question whether citizenship should be granted in  return for investments is rather rhetorical
Former head of the Ministry of Finance: <Confrontation> with Lydian may cost much to ArmeniaFormer head of the Ministry of Finance: with Lydian may cost much to Armenia
Vardan Aramyan: It will be unreasonable if the government goes to revise the allowable national debt ceiling in GDPVardan Aramyan: It will be unreasonable if the government goes to revise the allowable national debt ceiling in GDP
HSBC Bank Armenia increases efficiency and focuses on digital servicesHSBC Bank Armenia increases efficiency and focuses on digital services
Bulgarian Minister: The level of Armenian-Bulgarian economic  cooperation is still unsatisfactoryBulgarian Minister: The level of Armenian-Bulgarian economic  cooperation is still unsatisfactory
Expert: Recruitment market in Armenia from the point of view of  supply and demand is sleepingExpert: Recruitment market in Armenia from the point of view of  supply and demand is sleeping
Expert: Despite the adequacy of Armenian banks` capitals, the  opportunities for its optimal use are severely limitedExpert: Despite the adequacy of Armenian banks` capitals, the  opportunities for its optimal use are severely limited
Association of Organic Agriculture is being created in ArmeniaAssociation of Organic Agriculture is being created in Armenia
Pailak Tadevosyan: Governments change in Armenia, but taxation  approaches do not changePailak Tadevosyan: Governments change in Armenia, but taxation  approaches do not change
Rouben Indjikian: Everyone should follow the established unified and fair rules of the gameRouben Indjikian: Everyone should follow the established unified and fair rules of the game
Mher Arakelyan:  Armenia`s payment business has great prospectsMher Arakelyan:  Armenia`s payment business has great prospects
Rating-Agentur Expert RA GmbH and AmRating issued an industry report  on Armenia`s banking systemRating-Agentur Expert RA GmbH and AmRating issued an industry report on Armenia`s banking system

Search by date

Government Bonds

Issue volume

10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

Volume of satisfied bids

200 million

Yield at cut-off price

 5.8314%

Maximum yield

 5.8314%

Мinimum yield

 5.8314%

Weighted average yield

 5.8314%

Number of participants

2

The maturity date of T-bills

03.02.2020

ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000

Commented
Russian processing company Russian processing company "MultiCarta" discussed cooperation  opportunities with Yerevan Municipality in the transport sector
$ 270 Million to be invested in the construction of the first  skyscraper in Yerevan$ 270 Million to be invested in the construction of the first  skyscraper in Yerevan
The AGBU Women Entrepreneurs Program Launched in Artsakh: FRUITFUL  ARMENIA Foundation is the partnerThe AGBU Women Entrepreneurs Program Launched in Artsakh: FRUITFUL  ARMENIA Foundation is the partner
Forecast: Armenia has good prospects for expanding its presence in  the Polish marketForecast: Armenia has good prospects for expanding its presence in  the Polish market
Armenian government`s delegation headed by Prime Minister will take  part in the St. Petersburg International Economic Forum on June 6-7Armenian government`s delegation headed by Prime Minister will take  part in the St. Petersburg International Economic Forum on June 6-7
Concessionaire of Zvartnots International Airport promises to become  one of the best operators in the worldConcessionaire of Zvartnots International Airport promises to become  one of the best operators in the world
Arthur Javadyan: Central banks are not responsible for economic  growthArthur Javadyan: Central banks are not responsible for economic  growth
Forecast: Electricity exports to the Middle East through Iran are a  key component of Armenia`s geo- economic strategyForecast: Electricity exports to the Middle East through Iran are a  key component of Armenia`s geo- economic strategy
ArmInfo IC: In Armenia,  CMTPL loss ratio increased up to 64.5% in Q1  2019ArmInfo IC: In Armenia,  CMTPL loss ratio increased up to 64.5% in Q1  2019
From January 1, 2020, the cost of customs clearance of cars from  non-EEU countries in Armenia will increase by at least 4-5 fold:  whether the market for used cars is going upFrom January 1, 2020, the cost of customs clearance of cars from  non-EEU countries in Armenia will increase by at least 4-5 fold:  whether the market for used cars is going up
Overdue loans accelerate growth in banking system of ArmeniaOverdue loans accelerate growth in banking system of Armenia
RA Prime Minister: European Union is not ready to finance 100% of  development programs implementation in ArmeniaRA Prime Minister: European Union is not ready to finance 100% of  development programs implementation in Armenia
Converse Bank offers online loans at a low effective interest rateConverse Bank offers online loans at a low effective interest rate
Renco company will attract additional shareholders and partners to  the project of building a new thermal-power plant in ArmeniaRenco company will attract additional shareholders and partners to  the project of building a new thermal-power plant in Armenia
T.Avinyan: The Government is open for cooperation and encourages  active dialogue and interaction in all areas T.Avinyan: The Government is open for cooperation and encourages  active dialogue and interaction in all areas 
Agreement on construction of a new unit with combined gas cycle  signed in YerevanAgreement on construction of a new unit with combined gas cycle  signed in Yerevan
Veolia Jur: Regulatory charges are false and unfoundedVeolia Jur: Regulatory charges are false and unfounded
Armenian Prime Minister: We are gaining momentum for economic takeoffArmenian Prime Minister: We are gaining momentum for economic takeoff
Through the mobile banking application of Ardshinbank you can get a  loan in seconds.Through the mobile banking application of Ardshinbank you can get a  loan in seconds.
By the end of 2018, By the end of 2018, "Galburdjian Group" will launch the production of  sesame oil in Armenia
Expert: Armenia has a problem with effective use of water resources,  rather than small hydropower stationsExpert: Armenia has a problem with effective use of water resources,  rather than small hydropower stations
Investment forum Investment forum "Energy Week 2018" to be held in Armenia
Expert: It is necessary to start implementing the program for the  construction of a new nuclear unitExpert: It is necessary to start implementing the program for the  construction of a new nuclear unit