Armenia’s Economy Minister Gevorg Papoyan has shared statistical data on the number of jobs in the country as of June in a Facebook post. According to the figures presented, the number of jobs has increased by 302,411 compared with June 2017. “Jobs: June 2017: 527,337, June 2026: 829,748, difference: 302,411,” Papoyan wrote. Separately, the international…
Representatives of Armenia’s fish farming sector staged a protest outside the government building, arguing that current state measures have failed to address the industry’s export difficulties. The chairman of the Armenian Fish Farmers Union, Gor Grigoryan, said producers were expecting practical support rather than what he described as ineffective initiatives. “Two programs have already been…
Freight and passenger transportation increased across the Eurasian Economic Union (EAEU) during January-May compared with the same period last year. Freight transport in Armenia rose by 12.6%, while growth reached 3.4% in Kyrgyzstan and 1.1% in Belarus. During the same period, total passenger turnover across the EAEU increased by 0.8%. Passenger transport grew by 7.8%…
Companies exporting fish and fish products from Armenia to the European Union will be required to undergo inspections by the Food Safety Inspectorate and register in the EU’s TRACES control system. The corresponding draft regulation has been approved by the Armenian government. Armenia received official authorization on March 16, 2025, to export scaled fish and…
A European Parliament international trade committee has approved an initiative to exempt nearly 80% of Armenian exports to the EU from customs duties. The legislative proposal on “temporary trade liberalization measures applicable to Armenian goods” was considered and adopted by the committee without objections. In early July, the European Commission formally proposed that the European…
Armenian Deputy Prime Minister Mher Grigoryan met with Marge Mardisalu-Kahar, Estonia’s Ambassador to Armenia, and a delegation from the Estonian Centre for International Development (ESTDEV) to discuss expanding cooperation between Armenia and Estonia in the fields of public administration, digitalization and international trade. The deputy prime minister expressed satisfaction with the mutually beneficial cooperation established…
Fitch Ratings has affirmed Armenia’s long-term foreign-currency issuer default rating at BB-, while maintaining a Positive outlook, according to the country’s Ministry of Finance. The agency forecasts that Armenia’s real gross domestic product (GDP) will expand by 5.2% in 2026, well above the projected 2.9% average for countries in the BB rating category. According to…