Economy Minister: Armenia has no political issues with EAEU

ArmInfo.  Armenia has significantly increased its exports to countries within the Eurasian  Economic Union, as stated by RA Minister of Economy Gevorg Papoyan in  an interview with journalists on August 21.

One example cited by the Minister  was the export of flower products  to the Russian market, which saw  a volume increase of 87%. Papoyan  acknowledged that there may be issues with certain suppliers. The  current year has seen a 58% increase in apricot export,  though there  appear  to be challenges with that particular product. "In reality,  there is no problem. 2,500 trucks with apricots were sent to the  Russian market, and only 15 vehicles were denied entry. We must speak  openly about the fact that the denial of entry for these vehicles is  due  to false documents," the Minister said, emphasizing that Armenia  does not have any political issues with the EAEU. This year, the  country has exported larger volumes of products to the markets of the  Union states compared to last year. And this is happening amidst the  elimination of artificial trade turnover. Last year, gold and  diamonds were sent from Russia to Armenia, and then re- exported to  the UAE. Now this artificiality has been eliminated, yet trade  turnover numbers  are still increasing, reflecting the growth of the  country's economy, as noted by the Minister. 

Papoyan emphasized that there are issues that can be resolved through  diversification. He recalled his meeting with the Minister of  Industry, Mines and Trade of Iran, where they discussed the issue of  granting Armenia a quota for the supply of liquefied gas to the  country. Iran could become an important direction for diversifying  the import sources of this  fuel,  ultimately enhancing  competitiveness in the market and reducing prices.