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Armenia's exports grow, imports shrink in Jan 2016

Armenia's exports grow, imports shrink in Jan 2016

PanARMENIAN.Net - Armenia’s foreign trade turnover amounted to $242,4 million in January 2016, decreasing by 13,8% against the same period in 2015, the country’s National Statistical Service reports.

The exports totaled $89,2 million, up by 5,6 % against the same period last year, while imports amounted to $153,2 million, dropping by 22,2%.

The negative balance of trade thus amounted to $64 million in the reporting period.

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He said that his government would also focus on fighting corruption and "eliminating all barriers that impede business from developing".
“We have a simple problem:we prepare 400-500 specialists each year, while there is demand for 2000 professionals," he said.
At Shirak airport in the northern Armenian town of Gyumri, traffic soared by 150% in the reporting period against 2016.
“The investments will be spent to build a canning factory and slaughterhouses, expand greenhouse farms,” Ignati Arakelyan said.
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