Armenia joins agreement on facilitation of electronic trade

Armenia joins agreement on facilitation of electronic trade

PanARMENIAN.Net - Armenia has joined the Framework Agreement on Facilitation of Cross-border Paperless (electronic) Trade in Asia and the Pacific.

The corresponding document was signed by foreign minister Edward Nalbandian on the sidelines of the 72nd session of UN General Assembly on Friday, September 22.

E-commerce is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet. These business transactions occur either as business-to-business, business-to-consumer, consumer-to-consumer or consumer-to-business.

Nalbandian is currently participating in the 72nd session of UN General Assembly in New York. On the sidelines of the session, the foreign minister has met with top diplomats of a number of countries, establishing ties on behalf of Armenia with seven states.

 Top stories
“It’s a speculation, we can neither comment or react to it,” an Diana Gazinyan from HSBC Armenia said.
Armenia's GDP grew by a strong 7.9% year-on-year in the third quarter of 2019, the World Bank said.
"This is the 3rd product of animal origin from Armenia for which EU grated access to its market," the EU said.
Masdar has entered into a formal agreement with Anif to develop 400 MW solar power projects in Armenia.
Partner news