Armenian Economy Ministry

Armenia does not want to part with EAEU

Armenia does not want to part with EAEU

The growth of Armenia's trade with other Eurasian Economic Union (EAEU) member countries was nearly one and a half as much, Armenia's Minister of Economy Vahan Kerobyan said at the meeting of the Standing Committee on Regional and …

Armenia increases export to Turkey by 139 times

Armenia increases export to Turkey by 139 times

Armenia's decision to lift the embargo on Turkish goods had a beneficial effect on trade between the countries. Last year, exports from Türkiye increased by almost 140 times. The trade turnover between the countries increased 4.4 times.

Armenia seeks to restore trade ties with Azerbaijan

Armenia seeks to restore trade ties with Azerbaijan

Armenian Minister of Economy Vahan Kerobyan said the establishment of a free trade policy with Azerbaijan would help Armenia enter more significant markets. Speaking with a local TV channel, Kerobyan stressed that trade relations with …

Turkish citizens continue to acquire property in Armenia

Turkish citizens continue to acquire property in Armenia

Armenian Economy Minister Vahan Kerobyan confirmed media reports saying that Turkish citizens have been actively acquiring property in Armenia. Speaking at a press briefing after today’s government meeting Kerobyan said: …

Armenia to introduce ban on sale of Turkish goods

Armenia to introduce ban on sale of Turkish goods

The authorities will ban the sale of Turkish goods in Armenia, Armenia's acting economy minister Vahan Kerobyan said. "We intend to extend the ban on the import of Turkish goods into the country, as well as their sale, …

Armenia may extend ban on imports of Turkish goods

Armenia may extend ban on imports of Turkish goods

Armenian Minister of Economy Vahan Kerobyan said the ban on imports of Turkish goods may be prolonged. "From an economic point of view, we believe that the ban should be extended if political or other priorities do not interfere …

Armenia closes its market in response to opening of borders

Armenia closes its market in response to opening of borders

Turkish goods will remain banned in Armenia at least until the end of the year, and most likely, the embargo will be maintained until Armenian importers replace them with goods from other countries or establish domestic production, Armenian …

New economy minister appointed in Armenia

New economy minister appointed in Armenia

Armenian President Armen Sarkisyan signed a decree appointing Vahan Kerobyan as economy minister. The decree was published on the president's website. Kerobyan's predecessor, Tigran Khachatryan, left office after submitting …

Semko CIS to invest $11 million in Armenia

Semko CIS to invest $11 million in Armenia

The Armenian company Semko CIS was awarded the status of resident company at the Alliance free economic zone after it has pledged to invest $11 million in the next five years into the production of printing materials with high level of …

Second stage of Black Sea Basin Programme launched in Armenia

Second stage of Black Sea Basin Programme launched in Armenia

Yerevan is hosting a conference dedicated to the launch of the Black Sea Basin Programme 2014-2020 of European Union’s Cross-Border Cooperation (CBC) under its European Neighborhood Instrument (ENI), the Armenian First Deputy …