Armenia posts export increase in MayJune 20, 2012 - 15:07 AMT PanARMENIAN.Net - Armenia’s foreign trade turnover totaled $488.2 mln (AMD 193.8 bln.) in May 2012 increasing by 3,1% compared to the same period in 2011, according to updated statistical data. Export amounted to $122.2 mln (AMD 48,6 bln.) in May 2012, increasing by 33% on a monthly basis, while 15,2% growth was recorded in import as compared to May 2011, bringing it to $366 bln.(AMD 145,2 bln.), the RA National Statistical Service reported. The negative balance of foreign trade turnover amounted to $1116,1 mln (AMD 436,3 bln) in January-May 2012, as compared with the same period in 2011. 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 | Narek Manasyan wins European Boxing Championships silver for Armenia Armenia’s Narek Manasyan (92kg) won Armenia’s second silver medal at the European Boxing Championships 2024 on April 28. Blinken urges Azerbaijan to continue negotiations with Armenia Secretary of State Antony J. Blinken has urged Azerbaijani President Ilham Aliyev to continue negotiations with Armenia. Pashinyan, Blinken talk Armenia-U.S. ties over the phone Prime Minister Nikol Pashinyan had a phone conversation with US Secretary of State Antony Blinken on April 28, Pashinyan’s office reports. Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. |