Expert on Armenia`s international trade growth against "miserable trade pattern" Wednesday, February 21 2024 18:36:00
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 ArmInfo.The overall growth rates of Armenia's international trade turnover for 2023 are marked by unprecedented achievements, however, the structure of exports and imports, unfortunately, indicates the presence of significant imbalances and shifts containing significant long-term macroeconomic risks, Doctor of Economy Aghasi Tavadyan told ArmInfo. |
Tuesday, November 29 2022 14:06
ArmInfo.Bringing the share of electric energy generated by renewable energy-generating facilities up to 15% in Armenia's total energy output is quite realistic, Astghine Pasoyan, Director of the Foundation to Save Energy, said in an interview with ArmInfo. >>> |
Thursday, November 17 2022 17:23
ArmInfo. In economic terms, after gaining independence, Armenia from an agro-industrial country, where metalworking, mechanical engineering, chemical, light, food industries developed, turned into a state with a small economy, which could not boast of either a rich natural resource potential or an advantageous geographical position. >>> |
Friday, November 11 2022 13:00
ArmInfo. By the end of 2022, Armenia's GDP growth will reach 12-13%. At the same time, experts estimate the potential growth rates of the RA GDP at 4-4.5%. >>> |
Thursday, November 10 2022 12:06
ArmInfo.The implementation of the Meghri hydroelectric power plant construction project on the Araks river bordering Iran is already in serious doubt. Director at Energy Strategy Center at Scientific Research Institute of Energy of the Republic of Armenia Vahan Sargsyan told in an interview with ArmInfo correspondent. >>> |
Wednesday, November 9 2022 13:06
ArmInfo.YOY inflation in Armenia reached 9.9% in September 2022. According to the forecast set in the basis of the draft state budget for 2023, 12-month inflation will exceed the target range (4% with a plus/minus 1.5% deviation) by the end of the year and will amount to 8.5%, and according to the forecast of the Central Bank, the country will complete 2022 with an inflation rate of 10%. >>> |
Friday, November 4 2022 13:36
ArmInfo.A new NPP construction project continues to be talked about in Armenia. No one doubts Armenia needs a new nuclear-powers plant (NPP), but its capacity is being questioned. According to the preliminary data, Armenia's authorities are inclined to the construction of an NPP with a capacity of 1,200MW, with experts raising objections. According to them, Armenia needs an NPP with a capacity of 500MW. >>> |
Tuesday, October 25 2022 10:54
ArmInfo.Regrettably, none of the large-scale investment projects of hydraulic power system construction on the Debet and Arax rivers has made any substantial progress, Ara Marjanyan, UN National Expert on Energy, said in an interview with ArmInfo. >>> |
Wednesday, July 20 2022 18:22
ArmInfo.Manufacturers-exporters, providing 20% of Armenia's GDP, are going through extremely difficult times. The sharp revaluation of the dram (from 470-480 drams at the end of February and an increase to 520 in early March with a decline to about 400-410 drams per $ 1) became a real test for exporters of goods and services, as well as for investors and small local producers. >>> |
Monday, July 18 2022 17:29
ArmInfo.The Russian ruble began to rapidly depreciate against the US dollar at the end of February amid the Russian-Ukrainian conflict and Western sanctions. Its course rose to 120 rubles. >>> |
Monday, July 11 2022 18:27
ArmInfo.Startups, UX design, outsourcing, visual design, new spheres, and new areas of activity that are becoming more and more popular in our time. The era requires new knowledge to make life easier for those who want, if not to be ahead of time, then at least to keep up with it. We bring to your attention an interview with a person who understands all this professionally - Karen Vardazaryan, head of UX design, travel enthusiast, and co-founder of Memopin, a new platform that helps digitize traveler experiences on the go. >>> |
Wednesday, July 6 2022 16:21
ArmInfo. The government-promised increase in the minimum wages, pensions and child care allowances will not only fail to resolve social problems, but also increase the already high inflationary pressure, economists Karlen Khachatryan, Vardan Bostanjyan and Tatul Manaseryan told ArmInfo. >>> |
Monday, June 27 2022 18:15
ArmInfo. The US dollar continues to devaluate against the Armenian dram: if it was at the level of 470-480 prior to the Russian-Ukrainian crisis (February 24), and in early March it jumped to 520, then it began to gradually decline, approaching the psychologically tangible mark of 400 AMD for one dollar. >>> |
Friday, June 3 2022 12:29
ArmInfo.Amid the war in Ukraine, the West is seeking to assist Armenia and some other states in diversifying theirs export markets, including supplying products to domestic markets, Avag Harutyunyan, Chairman of the National Wine Center, said in an interview with ArmInfo. >>> |
Wednesday, June 1 2022 15:51
ArmInfo.Since April, due to the transport collapse that has formed on the territory of Georgia, more than 35 factories for the production of alcoholic beverages have actually been idle in Armenia. The reason is the impossibility to import a complete set from Russia, and, accordingly, it is impossible to export finished products there. >>> |
Monday, May 30 2022 15:02
ArmInfo. Despite the traditionally high political level of the Armenian-Iranian relations, the trade and economic sphere between them is traditionally faulty. Expert in Iranian studies Armen Vardanyan expressed a similar opinion to ArmInfo. >>> |
Tuesday, April 26 2022 19:14
ArmInfo.If earlier about 98% of applications for business relocation to Armenia came from the business sector operating in the IT field, today the industry segment has expanded, covering manufacturing, logistics services, etc. Founder of the BWB (Business Without Borders) initiative Mher Ghazaryan said this in an interview with ArmInfo. >>> |
Friday, April 22 2022 12:39
ArmInfo.The planned signing of a free trade agreement between the Eurasian Economic Union (EAEU) and Iran is evidence of Moscow's desire to scale up the economic relocation strategy launched immediately after the war in Ukraine was unleashed, which, beyond doubt, offers new economic opportunities to Armenia as well, which opportunities can and must be taken up, the exert in energy security Vahe Davtyan said in an interview with ArmInfo. >>> |
Wednesday, March 23 2022 13:42
ArmInfo.The establishment of direct Armenian-Turkish trade and economic contacts changes the geo-economic balance. And it is highly important to assess these changes from the point of view of the regional and world powers, each of the South Caucasus states and all the neighboring states, believes Mr Ara Karyan, Associate Professor at the Russian-Armenian (Slavonic) University. >>> |
Tuesday, March 22 2022 18:12
ArmInfo. Armenia is being consistently and methodically pushed out of the North-South energy corridor project, and given the similarly disappointing energy situation of the transport and communications component, as well as from the North-South general strategy. Vahe Davtyan, an expert in the field of energy security, Doctor of Political Sciences expressed a similar opinion to ArmInfo. >>> |
Friday, March 11 2022 12:11
ArmInfo. The situation in the international energy markets resultant from the war in Ukraine will not have any effect on the price of the Russian gas supplied to Armenia, primarily due to the fact that Armenia is purchasing gas on a contract basis rather than as spot purchase. >>> |
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