Azerbaijani-Russian trade turnover down 17.3% in 2012January 21, 2013 - 21:22 AMT PanARMENIAN.Net - Azerbaijani-Russian trade turnover fell 17.3 percent last year to $2.34 billion, Azerbaijan’s State Customs Committee said on Monday, Jan 21, according to RIA Novosti. Azerbaijan’s exports to Russia dropped 19.2 percent (to $959,838,000), and its imports were down 16 percent ($1.38 billion). Azerbaijan’s negative trade balance was over $418 million in 2012, compared to $453.2 million in 2011. Russia accounted for 4.1 percent of Azerbaijan’s total export and 14.28 percent of its import in 2012. 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 | Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |