Armenia economic activity grew 10.2% in January y/y: prime ministerFebruary 20, 2018 - 14:40 AMT PanARMENIAN.Net - In Armenia, the economic activity grew 10.2% in January 2018 against the same period last year, prime minister Karen Karapetyan said on Tuesday, February 20. Addressing the session of the Armenia-Russia intergovernmental commission in Yerevan, the prime minister said the industrial sector expanded by 14% in the reporting period, while that of construction grew 19.7%. At the same time, Karapetyan added, exports and imports increased by 45,2% and 47,6%, respectively, in January year-on-year. Economic activity grew by 7,7% in 2017, trade turnover by 26,9%, while exports and imports expanded by 25,2% and 27,8%, respectively. 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 | U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. Macron says France commemorates 109th anniv. of Armenian genocide Today France commemorates the 109th anniversary of the Armenian genocide of 1915, Macron says. |