Armenia’s foreign trade turnover drops by 19.9% in 7 monthsAugust 31, 2015 - 16:59 AMT PanARMENIAN.Net - Armenia’s foreign trade turnover amounted to $2,657 million in January-July 2015, decreasing by 19,9% against the same period in 2014, the country’s National Statistical Service reports. The exports totaled $847 million, up 0,1% from last year, while imports amounted to $1,810 million, dropping by 26,7%. In January-July 2015, Armenia’s Economic Activity Index increased by 4,2% against last year’s results. The volume of industrial production showed an 4,1% increase in the reporting period; gross agricultural output is up by 14,8%, the volume of construction climbed by 0,4%, the volume of services showed an 2,4% upsurge, with electricity production up by 1,9%. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Turkey extends military presence in Azerbaijan The Turkish parliament has adopted a bill submitted by Recep Tayyip Erdogan to extend the mandate of Turkish troops. Russia to begin assessing migrant workers' speaking skills Rosobrnadzor is planning to change the Russian language exam for migrant workers and include an assessment of speaking skills Armenian, Saudi Foreign Minister meet in Riyadh The two commended the positive dynamics of the development of political dialogue between Armenia and Saudi Arabia Pashinyan: Azerbaijan’s proximity shouldn’t worry border residents At the same time, he said that he “does not guarantee [the security of villagers] one hundred percent”. |