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.  

ArmInfo. If nothing interferes, the activity of the Amulsar gold mine will be resumed,  Armenian Minister of Economy Vahan Kerobyan said in an interview with  RFE/RL's Armenian Service , referring to the department's program of  measures, which contains a provision on resolving the "Amulsar issue".

ArmInfo.This year, Armenia will increase the volume of brandy exports to the Russian market, but the profitability will decrease. Armenian Minister of Economy Vahan  Kerobyan voiced similar assessments in an interview with Azatutyun.

ArmInfo.There will be a decrease in prices for a number of imported goods in Armenia.  Armenian Minister of Economy Vahan Kerobyan stated this in an  interview with Azatutyun.

ArmInfo. Given the exit of a number of large Western companies from the Russian market, great opportunities are opening up for Armenian textiles. Rafael Gevorgyan,  Deputy Economy Minister of Armenia, expressed a similar opinion in an  interview with CivilNet.  "There was an opportunity to expand  production, to enter such trade networks in Russia, access to which  previously seemed impossible. There is already a reaction from our  manufacturers who are considering this and are negotiating,"  Gevorgyan said.

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.

ArmInfo.In general, the share of imports of goods in the EAEU market averages more than 20%, but for individual countries and cities this figure is much higher. EEC  Minister in charge of Integration and Macroeconomics Sergei Glazyev  announced this on March 22 during the video bridge  Moscow-Minsk-Yerevan-Nursultan-Bishkek.

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ArmInfo.IDBank and Gyumri Information Technology Center signed a memorandum of cooperation. From now on, the companies will cooperate closely to promote technological education and create vacancies in all regions of the Republic of Armenia.

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ArmInfo.There will be no problems with ensuring  food security in Armenia.  Armenian Finance Minister Tigran  Khachatryan expressed this confidence on March 21 in an interview  with journalists.

ArmInfo.In connection with the ongoing Russian-Ukrainian crisis, the Central Bank of Armenia forecasts a further increase in inflation. Head of the Central Bank  of Armenia Martin Galstyan stated this during the sitting of the NA  Standing Committee on Economic Affairs.

ArmInfo. The Armenian government will not cut spending even in the face of turbulent global economics. Armenian Finance Minister Tigran Khachatryan stated this on March 21 at a meeting of the NA Standing Committee on Financial-Credit and  Budgetary Affairs.

ArmInfo.In 2021, the total capital expenditures of the state budget of Armenia amounted to about 217.8 billion drams, and their implementation was the highest in recent years, amounting to 92.3% of the adjusted plan, and 100% of the originally set annual plan of 216.3 billion drams.  

ArmInfo.Fitch Ratings has affirmed Armenia's Long-Term Foreign- Currency Issuer Default Rating (IDR) at 'B+' with a Stable Outlook.

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