// IP Marketing video - START// IP Marketing video - END

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.

 Top stories
The financing will be directed to energy efficiency, renewable energy, agribusiness, food processing, education and healthcare projects.
Gazprom supplies gas to Armenia through Georgia, but the transit agreement expires at the end of 2016, and Gazprom is keen to reduce the fee.
A proposal made at a Cabinet session suggested that the watchdog apply differentiated rates for natural gas and electricity.
The M6 highway is a vital link connecting Armenia with Georgia and beyond, providing the shortest link between the respective capitals.
Partner news