Vahan Kerobyan

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 …

Russia-Armenia trade turnover to grow

Russia-Armenia trade turnover to grow

The Armenian-Russian trade is very likely to surge by 60% in 2023, Armenian Economy Minister Vahan Kerobyan said. He recalled that last year Armenia's trade turnover with Russia increased to $5 bln, but this year there is an …

Armenia's trade with Russia increases by almost 75%

Armenia's trade with Russia increases by almost 75%

Armenia's trade with Eurasian Economic Union (EEU) member countries (Russia, Belarus, Kazakhstan, Kyrgyzstan, Armenia) in the first eight months of this year amounted to almost $2.8bln, having soared by 74.1% year-on-year, Economy Minister …

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 …

About 97,000 foreign tourists visit Armenia in April

About 97,000 foreign tourists visit Armenia in April

  Some 96,938 foreign tourists visited Armenia this April, Armenian Economy Minister Vahan Kerobyan said in a Facebook post. According to the minister, in 2021 April some 41,881 foreign tourists visited Armenia, down from …

Russian-Armenian trade to be dedollarized

Russian-Armenian trade to be dedollarized

Armenia and Russia are working on plans to conduct trade in their own currencies, rather than dollars, to mitigate the effects of international sanctions against Russia

Armenia offers Russia to use dram for trading

Armenia offers Russia to use dram for trading

Armenia's Ministry of Economy and the Central Bank are negotiating with Russian partners to use the Armenian currency - dram - in operations of export of Armenian goods, Armenian Economy Minister Vahan Kerobyan told lawmakers in the …

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 may lift ban on Turkish imports

Armenia may lift ban on Turkish imports

The Armenian government will have either to approve the extension of a ban on Turkish imports or cancel it, when it convenes Thursday for the last session in 2021, Armenian Minister of Economy Vahan Kerobyan said. According to the …

Armenia extends ban on import of Turkey goods

Armenia extends ban on import of Turkey goods

The Armenian government made a decision at Thursday’s Cabinet meeting to extend for another 6 months the ban on the import of Turkish goods to the country, Armenian Minister of Economy Vahan Kerobyan said. The …

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 …

Price of nationalism: Turkish goods disappear from Armenian stores

Price of nationalism: Turkish goods disappear from Armenian stores

Following Ankara’s strong backing of Azerbaijan in the recent war, Yerevan is banning many Turkish goods. Outside the Mavi clothing store in Yerevan, a giant sign reads: “70 percent liquidation!” Stocks are running low, an employee told Eurasianet, as the store gets ready to close its doors. On December 31, a ban on Turkish imported goods goes into effect in Armenia. And that includes the Mavi shop, an outpost of the global Turkish fast-fashion chain

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 …