Armenia, EAEU sign free trade agreement with SingaporeOctober 1, 2019 - 18:42 AMT PanARMENIAN.Net - Armenia and the Eurasian Economic Union signed a free trade agreement with Singapore after the meeting of the Supreme Eurasian Economic Council in Yerevan on Tuesday, October 1. The agreement was signed by the representatives of the EAEU-member countries and Singapore. Deputy Prime Minister Mher Grigoryan signed the deal for Armenia. Several other states, including China, Iran, Vietnam and Cuba, are already enjoying free trade with the bloc. Meanwhile Israel, Egypt and India are also eyeing joining the free-trade zone with the EAEU as a total of more than 50 countries have expressed interest in cooperation with the bloc. The EAEU, the international organization for regional economic integration, was established at the start of 2015 and now includes five member-states – Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan. The EAEU’s gross domestic product (GDP) exceeded $1.9 trillion as of the end of last year and has increased nearly one percent in the first three months of 2019. 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 | Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. 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. |