  Armenia seeks to boost exports by 2.4 times to $4.4 bn in 2022 April 22, 2017 - 13:49 AMT PanARMENIAN.Net - The Armenian government says “it is realistic” to secure a $200 million growth in exports in 2017, eying a further $450 million hike next year. Prime minister Karen Karapetyan on Saturday, April 22 held consultations at the ministry of economic development and investments. According to preliminary estimates, exports will grow from some $1.8 billion in 2016 to around $2.5 billion in 2018. The government said at least 20% annual growth is expected in the years come (which means exports will amount to $4.4 billion in 2022). In 2016, exports and imports totaled $1.782 billion and $3.292 billion, respectively. The main markets for increasing exports are the Eurasian Economic Union, the European Union, the United Arab Emirates, Turkmenistan and China.   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 |  Latest news European Parliament to discuss repression in Azerbaijan  The European Parliament will discuss repression of civil society in Azerbaijan on April 24PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE.Cyprus parliament honors Armenian genocide victims Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide.Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed. |
