Armenia seeks to boost exports by 2.4 times to $4.4 bn in 2022April 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 | 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. |