Ostrich breeding is developing in Armenia, with a farm in the country’s Armavir province currently producing and selling basturma, sujuk and other products of ostrich meat. Minister of agriculture Ignati Arakelyan visited the province where non-traditional agriculture was gathering pace. The ostrich farm, in particular, was established in 2008 while the birds were imported from…
Passenger traffic in the two Armenian airports grew by 9.1% YoY in January, the general department of civil aviation reveals. Overall, 189,177 people used the services of Zvartnots airport in the capital city, Yerevan, and Shirak airport in the northern city of Gyumri. According to the data, 892 tons of cargo were transported at Zvartnots…
Trade turnover between Armenia and Switzerland grew 3.6-fold in 2017, Armenian Prime Minister Karen Karapetyan said at a meeting with Dominique de Buman, President of the National Council of the Swiss Confederation. “We should consistently build on our achievements in bilateral economic ties,” the PM said. “We are confident that Armenia may attract Swiss capital,…
Belarus and Armenia have a big potential to increase mutual trade, Belarus’ Prime Minister Andrei Kobyakov said at a one-on-one meeting with his Armenian counterpart Karen Karapetyan. According to Karen Karapetyan, last year the two countries increased trade by 20%. However, the two states can do much more. “There are more opportunities for trade growth.…
Brandy production in Armenia grew by 39.4% YoY in 2017, the National Statistical Service reveals. 30 million tons of brandy were produced in the reporting period against the 21.5 million tons made in 2016. Volumes of wine, champagne and beer production grew in 2017 by 30%, 10% and 21% respectively. Vodka production, meanwhile, declined by…
The role of Armenia as an energy corridor between Iran and Georgia will grow, tripling the potential of exporting electricity, minister of energy infrastructures and natural resources Ashot Manukyan said. According to the minister, three solar stations have been put to operation in Armenia in 2017, and a total of 128 solar photovoltaic stations have…
The Italian company Tirrena Scavi will invest about $33 million in the construction of a road, which is part of a new bypass around the Armenian capital city of Yerevan. According to a statement from the government, a contract with the firm is set to be signed by the end of the year, while construction…