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…
Representatives of the U.S. engineering and consulting company AECOM were in Armenia last week to assess the proposed TRIPP site, the U.S. Embassy in Armenia said. “The AECOM team and partners from the Government of Armenia surveyed the TRIPP site to support the planning of a railway and other infrastructure that will promote economic growth,…
Armenian Economy Minister Gevorg Papoyan said at a government meeting that flower exports had increased. “Yesterday alone, for example, we exported 139,000 flowers. We believe certain mechanisms are already in place that will help resolve this issue,” he said, according to Radar Armenia. Prime Minister Nikol Pashinyan also noted that Armenia had not recorded an…
The temporary manager of Electric Networks of Armenia (ENA), Romanos Petrosyan, said the company had inventory worth 7-8 billion drams that had been purchased but was unsuitable for the utility’s operational needs. According to Petrosyan, deliveries worth 12 billion drams are expected over the next two to three months, increasing the total value of inventory…