Azerbaijan: Russian businessmen keen to establish ties with local partners

Local and Russian enterprises and businessmen demonstrate continuous interest in cooperation due to similar business structures, preferential tax and customs regimes and availability of different transport routes which ease logistics issues. Business people from Tyumen, Russia, who will be in Baku on August 11-16, plan to establish ties with potential partners from Azerbaijan. The visit,…

Armenia: economic activity index up in H1 2019

Armenia’s economic activity index grew by 6.5% YoY in January-June, according to official data published by the National Statistical Committee. In particular, the service sector grew by 15.3%, trade turnover by 8.9% and the industrial output by 6.9%. In January-June construction volumes increased by 4.7%. Consumer price index grew by 2% and the agricultural output…