ArmInfo.This January-July,Armenian-Russian trade recorded a 70% growth, up to $3.7bln, with Armenia's exports to Russia totaling $2bln and Russia's exports to  Armenia, $1.7bln, Armenia's Minister of Economy Vahan Kerobyan stated  at a business lunch attended by Armenian and Russian businessmen.  

ArmInfo. We have to discuss the issue of priorities for the further development of the EAEU, Prime  Minister of Belarus  Roman Golovchenko said on August 24 at an  extraordinary meeting of the Eurasian Intergovernmental Council in  Tsaghkadzor, Armenia.

ArmInfo. Within the framework of the session of the Eurasian Intergovernmental Council, the meeting  of the Prime Minister of Armenia Nikol Pashinyan and the Russian Prime Minister Mikhail Mishustin took place in Tsakhkadzor.

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ArmInfo. Russia values friendship, partnership and allied relations with Armenia. Russian  Prime Minister Mikhail Mishustin stated at a meeting with RA Prime  Minister Nikol Pashinyan ahead of an extraordinary meeting of the  Eurasian Intergovernmental Council in Tsakhkadzor.

ArmInfo. The extension of operation of the Armenian NPP is estimated at $150mln, Gera Sevikyan,  Advisor to the Director General of the Armenian NPP, told ArmInfo. 

ArmInfo. Last year, Armenia's wine exports totaled 4.7mln liters, a 52.2% increase as compared with  2021, with the customs value totaling $18.8mln (a 62.4%).  

ArmInfo.Chaarat Gold has it has signed an agreement on the sale of the Kapan mine to the Quanto company  (Armenia) for $55.4mln, a press release by Chaarat gold reads.  

ArmInfo.The Armenian dram has shown a steady appreciation against the currencies of the trading partner countries since the beginning of Q2 2022. In July of this year, compared to the  beginning of 2022, the Armenian dram appreciated against a basket of  currencies: - by 19.8% y/y against the dollar, by 21.7% y/y against  the euro, by 32.4% y/y against the Russian ruble. In terms of the  real effective exchange rate, the Armenian dram appreciated by 33.6%  in 2022 and by 40% in June 2023 compared to the beginning of 2022. 

ArmInfo. Minister of Territorial Administration and Infrastructures of Armenia Gnel Sanosyan today received a delegation led by Deputy Chief Executive Officer of Russian Railways  OJSC, Chairman of the Board of Directors of South Caucasian Railways  JSC Vyacheslav Pavlovsky.

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ArmInfo. Today is the deadline for the 2-month term for the expert opinion by the interagency group for construction of a new nuclear power unit formed under a decision  by Armenia's Premier Nikol Pashinyan. 

ArmInfo. There is no alternative to nuclear energy in Armenia, so the question is the  capacity of the new nuclear power unit. Such an idea became the  cornerstone during the Round Table on the prospects for building a  new nuclear power unit in Armenia, organized on August 5 by an  initiative group of county's power engineers.

ArmInfo.Fitch Ratings has upgraded Armenia's Long-Term Foreign-Currency Issuer Default Rating  (IDR) to 'BB-' from 'B+'. The Outlook is Stable. This is stated in the message of the agency.

ArmInfo. There is practically no policy aimed at developing high value-added industries in Armenia.  This, in fact, is evidenced by the data of both the RA Statistical  Committee and the list of the largest domestic taxpayers. Doctor of  Economic Sciences, Professor Ashot Tavadyan expressed a similar point  of view in an interview with ArmInfo.

ArmInfo. The United States Agency for International Development (USAID) has prepared an analysis  of alternative export markets for Armenian exporters. Head of the Armenian Economic Department Vahan Kerobyan attended the corresponding event, organized by USAID in cooperation with the  Ministry of Economy.

ArmInfo.Ozon has opened a representative office in Yerevan and is launching its own logistics  infrastructure in the country to make it easier for local sellers to enter the Russian market and ensure prompt delivery of goods from Armenia. This was announced today, July 25, by the press service of  the company.

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ArmInfo.In the issue of sanctions we are closely in touch and cooperate with the EU special  envoy and the representative of the US, to make sure that we act as a responsible member of the international community. Armenian Prime Minister Nikol Pashinyan stated  in an interview with Agence France-Presse in response to a question about what the Armenian government is doing to ensure that the territory of Armenia is not used by Russia to circumvent sanctions.