In his words, this is inspiration of optimism, if throughout the first years of membership to EEU, there was much indefiniteness, then presently it’s being overcome, and in near future it’s anticipated, that export growth temps will even grow more.
The most characteristic phenomenon of recent days of global economy is drop in price for energy. Pursuant the first half 2016 economy of the neighboring country is being developed on account of mining industry by 40% GDP.
Since 2005 specific gravity of deposits in dram started to grow. From 2007 to late 2008 deposits in dram were prevailing with the ratio of 63/37. It was conditioned by constant strengthening of the dram.
“In the whole world, and moreover, in our region, redistribution of spheres of influence has been launched, and naturally, it leads to political tectonic shifts, and Armenia is in the focus of redistribution of those spheres of influence. Until now the country won’t feel on itself that such a threat exists. And Armenia is governed, as usual, under the moment, and this means, that those challenges will be deadly for us.”
The ceremony was attended by Prime Minister Hovik Abrahamyan, Energy and Natural Resources Minister Levon Yolyan, Economy Minister Artsvik Minasyan, World Bank Armenia director Laura Bailey, IMF Armenia director Theresa Daban Sanchez, US Ambassador to Armenia H.E. Richard Mills and UK Ambassador H.E. Judith Farnworth.
“I can neither comment, nor confirm, nor deny the 10% GDP growth. However, as compared to the previous year, it’s more dynamic this year: if last year it was simply unbearable, this year slight dynamics is observed in light industry and it’s mainly in the direction of Russia. In other directions neither 10 nor 5% growth is observed.”
It’s difficult to memorize any case, when representatives of Turkey and Azerbaijan showed such interest towards any investment project, implemented in Armenia. However, Company specialists provide detailed answers to all questions.
The Government decided to cancel the necessity of work permit for foreigners until 2018. Artem Asatryan, minister of labor and social affairs, said the number of foreign workers in Armenia isn’t so high to create difficulties for the national labor market.
We have covered indices of 200 biggest taxpayers out of 1000. These are large enterprises, which paid taxes and duties to the state budget with the total amount of AMD 290 million for the first semester 2016. In other words, these are Armenia’s mega companies. Companies holding the first 200 positions in the list paid AMD 261.3 billion to the state budget.
“Armenia for us is a strategic partner in the Caucasus and we systematically build our relations of alliance along the most sensitive lines and in the international scene, the CIS space first and foremost,” Putin said during narrow format negotiations with his Armenian counterpart Serzh Sargsyan on August 10.
