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HSBC Bank Armenia awards its Trade Finance Best Customers
HSBC Bank Armenia has named today the winners of its seventh Best Trade Customers Award. Speaking at the Award giving ceremony, HSBC Bank Armenia CEO Thies Clemenz said HSBC Trade Awards have become a benchmark for performance in Armenia’s trade finance industry. YEREVAN, June 15. /ARKA/. HSBC Bank Armenia has ...
06/15/2016Armenian version of Trade Helpdesk launched
The European Union (EU) and the International Trade Centre (ITC), in partnership with the Ministry of Economy of the Republic of Armenia, have launched the Eastern Partnership (EaP) Trade Helpdesk platform for the Armenian business community. YEREVAN, September 12. /ARKA/. The European Union ...
09/12/2022Armenia's foreign trade in 5 months of 2023 soars by 86.9% to over $7.3 bln.
Armenia's foreign trade in January-May 2023 surged by 86.9% from the same time span of 2022 to over $7.3 billion,, according to the numbers, released by the National Statistical Committee (NSC). YEREVAN, July 7. /ARKA/. Armenia's foreign trade in January-May 2023 ...
07/07/2023Armenia’s trade with EEU member countries increased by 11.3% in 2018 to $1.989 4 billion
Armenia’s trade with the countries, which are members of the Eurasian Economic Union (EEU (Russia, Belarus, Kazakhstan and Kyrgyzstan) increased by 11.3% in 2018 to $1.989 4 billion, according to the National Statistical Committee (NSC). YEREVAN, February ...
02/05/2019Ameriabank shares its experience of trade financing as part of ADB’s Bank Twinning Program
The Asian Development Bank’s (ADB) Trade Finance Program (TFP) held its second TFP Bank Twinning program in Central Asia between Ameriabank from Armenia and Hamkorbank from Uzbekistan. YEREVAN, June 19, /ARKA/. The Asian Development Bank’s (ADB) Trade Finance Program (TFP) held ...
06/19/2018EBRD to host trade finance conference in Yerevan
The European Bank for Reconstruction and Development (EBRD), in cooperation with the European Union (EU) is holding a trade finance conference to increase awareness and facilitate better access to the trade finance instruments for the small and medium size enterprises (SMEs) in Armenia. YEREVAN, September 29, /ARKA/. The European Bank for Reconstruction and Development ...
09/29/2014Creation of free trade zones with Armenia’s major trading and economic partners is the most optimal solution
Creation of free trade zones with major trading and economic partners is the best solution for Armenia, acting economy minister Tigran Davtyan said today. Speaking at Gaidar Readings at Russian-Armenian (Slavonic) University in Yerevan he said Armenia is negotiating the ...
04/19/2013Armenia's foreign trade grows by 47.7% in 7 months of 2022 to over $6.3 bln
Armenia's foreign trade in the first seven months of 2022 soared by 47.7% from the same time span of 2021 to about $6.4 billion, according to the National Statistical Committee (NSC). YEREVAN, September 6. /ARKA/. Armenia's foreign trade in the first seven months of ...
09/06/2022Armenia's foreign trade grows by 38.5% in first quarter of 2022 to over $2 bln.
In the first quarter of 2022 Armenia's foreign trade grew by 38.5% from the same time span of 2021 to over $2 billion, the National Statistical Committee (NSC) said. YEREVAN, May 5. /ARKA/. In the first quarter of 2022 Armenia's foreign trade grew by 38.5% from the same time span of 2021 to over ...
05/05/2022Armenia’s foreign trade turnover in January 2017 surged by 45.5% from January 2016
Armenia's foreign trade turnover in January 2017 surged by 45.5% when compared to January 2016, amounting to approximately $358.6 million, according to the National Statistical Service (NSS). YEREVAN, March 1. / ARKA /. Armenia's foreign trade turnover in January ...
03/01/2017Armenia’s foreign trade up 8 percent in 11 months of 2016
Armenia’s foreign trade in the first 11 months of 2016 amounted to about $4.576.3 billion, an increase of 8% if compared to the same period of 2015, according to the National Statistical Service (NSS). YEREVAN, January 9. /ARKA/. Armenia’s foreign trade in the first ...
01/09/2017Armenia to remove regulations hindering free trade from CIS Free Trade Zone agreement
Armenia intends to initiate deepening of the CIS Free Trade Zone agreement, particularly removing all the current regulations which restrict the free trade, Armenian Ministry of Economy Tigran Davtyan said. YEREVAN, March 18. /ARKA/. Armenia intends to initiate deepening of the CIS Free Trade Zone agreement,...
03/18/2013Iranian trade centre opens in Yerevan: countries seek to increase trade turnover to $3bn.
An Iranian trade centre opened in Yerevan on Monday. The event was attended by Armenian Minister of Economy Gevorg Papoyan, Iranian Minister of Industry, Mines and Trade Seyed Mohammad Atabak, Iranian Ambassador to Armenia Mehdi Sobhani, high-ranking officials and ...
09/30/2024EBRD and Ameriabank to support Armenian businesses through stable trade finance funding
The European Bank for Reconstruction and Development (EBRD) and Ameriabank have signed an agreement enabling Ameriabank to attract trade finance funding from the EBRD in Armenian Drams. YEREVAN, 22 July. /ARKA/. The European Bank for Reconstruction and Development (EBRD) and Ameriabank have signed an agreement enabling Ameriabank to attract trade finance funding from the EBRD ...
07/22/2024Ameriabank's Trade Finance portfolio enriched with four prestigious awards from EBRD and IFC
Ameriabank has received four prestigious awards from international financial institutions in recognition of its trade finance operations. YEREVAN, May 20. /ARKA/. Ameriabank has received four prestigious awards from international financial institutions in recognition of its trade finance operations. At the recent TFP Awards Ceremony, the European Bank for ...
05/20/2024WTO predicts world trade growth of 2.6% in 2024
Global trade volumes are expected to get back to the growth phase this year as consumption demand picks up in advanced economies after a tough 2023 which saw a contraction in cross border shipments, the World Trade Organization (WTO) said in the World Trade ...
04/11/2024Armenia's foreign trade turnover in January 2023 increased by 93.8% to nearly $1.3 billion.
Armenia’s foreign trade in January 2023 amounted to about $1.3 billion, which is 93.8% more than in January 2022, the National Statistical Committee said. YEREVAN, March 6. /ARKA/. Armenia’s foreign trade in January 2023 amounted to about $1.3 billion, which is 93....
03/06/2023OFID AND Ameriabank strengthen trade and development in Armenia
OFID – the OPEC Fund for International Development and Ameriabank have signed a US$25 million loan agreement aimed at supporting trade flows to and from Armenia. YEREVAN, July 1, /ARKA/. OFID – the OPEC Fund for International Development and Ameriabank have signed a US$25 million loan agreement aimed at supporting trade flows to and from Armenia. According to a bank’s press ...
07/01/2019HSBC Bank Armenia: services comprise “the largest and most dynamic component” of economies around the world
Speaking today at HSBC Bank Armenia Best Trade Customers Award ceremony, HSBC Bank Armenia CEO Thies Clemenz said according to HSBC’s observations of trends in the world of trade, today trade is increasingly about services – which are more likely to be transmitted over the internet than ...
06/15/2016Armenia’s foreign trade up 4.2 percent in four months of 2016
Armenia’s foreign trade in January-April 2016 increased by 4.2% year-on-year to $1.457.6 billion, according to the National Statistical Service (NSS). YEREVAN, June 1. /ARKA/. Armenia’s foreign trade in January-April 2016 increased by 4.2% year-on-year to $1.457....
06/01/2016Armenia’s foreign trade falls by 20 percent in seven months
Armenia's foreign trade in the first 7 months of 2015 slashed by almost 20% year-on-year to $2.657.3 billion, according to the latest numbers, released today by the National Statistical Service (NSS). YEREVAN, August 31. / ARKA /. Armenia's foreign trade in the first ...
08/31/2015Armenia’s foreign trade in first four months slashed by 31.4% to $1 258.1 billion
Armenia's foreign trade in the first four months of 2015 slashed by 31.4% from the same time span a year ago to about $1 258.1 billion, according to the latest figures, released today by the National Statistical Service (NSS). YEREVAN, June 1. / ARKA /. Armenia's ...
06/01/2015Armenia’s foreign trade in 2014 grows by one percent to about $5.920.9 billion – statistics
Armenia's foreign trade in 2014 saw a one percent rise from 2013 to about $5.920.9 billion, according to the latest numbers released today by the National Statistical Service (NSS). YEREVAN, January 30. / ARKA /. Armenia's foreign trade in 2014 saw a one percent ...
01/30/2015EU decides to launch deep and comprehensive free area trade talks with Armenia
The EU’s Trade Commission decided Monday to launch negotiations on a deep and comprehensive free trade area with Armenia to boost economic growth and investment, Armenian ministry of economy reported. It said the negotiations will cover matters that have become ...
02/21/2012Armenian central bank expects trade with Russia to decline in 2022
Armenia’s trade with Russia, its largest foreign trade partner, is likely to decrease in 2022, Hovhannes Khachatryan, Deputy Chairman of the Central Bank of Armenia, said on Monday, when speaking at a meeting of the National Assembly's committee finance issues....
05/16/2022Tashir to open third wholesale and retail trade center in Moscow for Armenian exporters
The Association of Armenian Entrepreneurs together with the Tashir Group of Companies presented on Tuesday in Yerevan the third Bukhta Yug wholesale and retail trade center, which is expected to open in Moscow in September 2022. YEREVAN, Feb. 16. /ARKA/. The Association of Armenian Entrepreneurs together with the Tashir Group of Companies presented on Tuesday in Yerevan the third Bukhta Yug wholesale and ...
02/16/2022Termination of GSP + trade preferences in Armenia-EU relations is a step backward- ex deputy minister
The termination of the GSP+ trade preferences, which Armenia has enjoyed in trading with the European Union member states since 2009 is a "step backward" in Armenia-EU cooperation, former Deputy Economy Minister Garegin Melkonyan said today. YEREVAN, December 24....
12/24/2021Armenia’s foreign trade in 2016 grows by 7.4 percent to about $5 billion
Armenia’s foreign trade turnover in 2016 amounted to about $5.075.3 billion, an increase of 7.4% from the previous year, the National Statistical Service (NSS) said today. YEREVAN, January 31. /ARKA/. Armenia’s foreign trade turnover in 2016 amounted to about $5.075....
01/31/2017Armenia loses some of its traditional trade partners
Along with losing some of its traditional trade partners, Armenia has found new ones, economist Vilen Khachatryan said today. YEREVAN, February 17. /ARKA/. Along with losing some of its traditional trade partners, Armenia has found new ones, economist Vilen Khachatryan said today. According ...
02/17/2016Armenia’s foreign trade in January-November 2015 shrinks by 20.6% to $4.313.6 billion
Armenia’s foreign trade in January-November 2015 shrank by 20.6% when compared to the same time span of 2014 to about $4.313.6 billion, according to the numbers, released today by the National Statistical Service (NSS). YEREVAN, January 13. / ARKA /. Armenia’s foreign ...
01/13/2016Armenia’s foreign trade in six months slashes by 20.6% to $2.186 billion
Armenia’s foreign trade in the first six months of 2015 slashed by 20.6% year-on-year to about $2.186 billion, the National Statistical Service (NSS) said today. YEREVAN, July 31. / ARKA /. Armenia’s foreign trade in the first six months of 2015 slashed by 20.6% ...
07/31/2015Armenia’s foreign trade drops to $1,558.8 million in five months
Armenia's foreign trade in the first five months of 2015 slashed by 32.3% from the same time span a year ago to about $1,558.8 million, according to the latest figures, released today by the National Statistical Service (NSS). YEREVAN, June 30. /ARKA/. Armenia's ...
06/30/2015Armenia’s foreign trade in January February 2015 slashes by 28% to $592.4 million, NSS data
Armenia’s foreign trade turnover in January-February 2015 slashed by almost 28% from the year before to approximately $592.4 million, according to the latest numbers, released today by the National Statistical Service (NSS). YEREVAN, March 31. /ARKA/. Armenia’s ...
03/31/2015HSBC Bank Armenia expanding Armenian companies’ experience in international trade
HSBC Bank Armenia, together with Italy’s embassy in Armenia, is conducting today in Yerevan the 13th workshop of its Trade Academy. YEREVAN, December 12. /ARKA/. HSBC Bank Armenia together with Italy’s embassy in Armenia, is conducting today in Yerevan the 13th workshop of its Trade Academy. HSBC Bank Armenia CEO Thies Clemenz said many companies today get ...
12/12/2014HSBC recognized the best global trade finance bank 2011
HSBC was recognized as “The Best Global Trade Finance Bank” for the forth year in a row by Global Trade Review (GTR) magazine, the bank’s press office told ARKA. YEREVAN, December 9, /ARKA/. HSBC was recognized as “The Best Global Trade Finance Bank” for the forth year in a ...
12/09/2011Armenia's foreign trade in first half of 2023 surges by 72.9% to about $8.9 bln -NSC
Armenia's foreign trade grew by 72.9% in January-June 2023 compared to the same period of 2022 to about $8.9 billion, the National Statistical Committee (NSC) reported. YEREVAN, July 7. /ARKA/. Armenia's foreign trade grew by 72.9% in January-June 2023 compared to ...
08/07/2023Armenia's foreign trade doubles in the first quarter to over $4.2 billion
Armenia’s foreign trade doubled in January-March 2023 compared to the same period of 2022 to more than $4.2 billion, the National Statistical Committee (NSC) said. YEREVAN, May 5. /ARKA/. Armenia’s foreign trade doubled in January-March 2023 compared to the same ...
05/05/2023Armenia's foreign trade grew by 62.5% over 9 months, exceeding $9.3 billion
Armenia’s foreign trade in January-September 2022 surged by 62.5% from the same time span of 2021 to$ 9,306, 615,900, according to the numbers, released by National Statistical Committee (NSC). YEREVAN, November 8. /ARKA/. Armenia’s foreign trade in January-September ...
11/08/2022Armenia's foreign trade in January-August 2022 soars by 56.2% to over $7.8 billion- NSC
Armenia's foreign trade in the first 8 months of 2022 soared by 56.2% from the same time span of 2021 to over $7.8 billion, the National Statistical Committee (NSC) said today. I YEREVAN, October 5. /ARKA/. Armenia's foreign trade in the first 8 months of 2022 soared ...
10/05/2022Ameriabank Receives Two IFC Awards for Achievements in Trade-Finance Sector
Ameriabank CJSC, Armenia’s largest bank, has been named the Best Bank Partner for Equipment Trade in Europe and Central Asia and the Best Issuing Bank in the Caucasus and Central Asia for 2019 by IFC, a member of the World Bank Group, the bank's press office reported on Tuesday. According to the bank's press release, this is the second consecutive ...
02/25/2020Armenia’s foreign trade in 10 months grows by 6.1 percent
Armenia’s foreign trade turnover in January-October 2016 increased by 6.1% from the same time span of 2015 to about $.4.067 billion, according to the latest numbers, released today by the National Statistical Service (NSS). YEREVAN, November 30. / ARKA /. Armenia’s ...
11/30/2016Armenia’s foreign trade in ten months slashed by 20.4% to $3.900.9 billion
Armenia's foreign trade in the first ten months of 2015 slashed by 20.4% from the year before to $3.900.9 billion, the National Statistical Service (NSS) said today. YEREVAN, November 30. /ARKA/. Armenia's foreign trade in the first ten months of 2015 slashed by 20....
11/30/2015Armenia’s foreign trade in 9 months slashes by 20 percent
Armenia's foreign trade in the first 9 months of 2015 slashed by 20% from the same time of 2014 to $3.457.4 billion, the National Statistical Service (NSS) said. YEREVAN, October 30. / ARKA /. Armenia's foreign trade in the first 9 months of 2015 slashed by 20% from ...
10/30/2015Armenia’s foreign trade in eight months slashes by 19.5% year-on-year- NSS
Armenia's foreign trade in the first eight months of 2015 slashed by 19.5% from the same time span in 2014 to $3.041.5 billion, according to the National Statistical Service (NSS). YEREVAN, October 1. / ARKA /.Armenia's foreign trade in the first eight months of 2015 ...
10/01/2015Armenia to fulfil its commitments on free trade area with EU in 2013: PM says
The Armenian government is determined to fulfil all the commitments it has undertaken under the talks on deep and comprehensive free trade area with the EU, and expects to conclude the talks in 2013, Prime Minister Tigran Sargsyan said today. YEREVAN, October 30. / ARKA /. The Armenian government is determined to fulfil all the commitments it has undertaken under the talks on deep ...
10/30/2012Third round of Armenia-EU talks on deep and comprehensive trade scheduled for December 3-5 in Brussels
The third round of Armenian-EU negotiations on deep and comprehensive free trade area are scheduled for December 3-5 in Brussels, the Armenian ministry of economy said today. YEREVAN, October 5. / ARKA /. The third round of Armenian-EU negotiations on deep and comprehensive free trade area are scheduled for December 3-5 in ...
10/05/2012Some 3000 places provided to former street vendors at Yerevan markets
A senior official of the Yerevan Municipality said today some 3000 retail trade places have been created at the city’s markets for former street vendors who ‘lost their jobs’ after mayor Karen Karapetian ordered the ban on street trade in late January. YEREVAN, February 21, /ARKA/. A senior official of the Yerevan Municipality ...
02/21/2011Armenia to start next year talks with EU on deep and comprehensive free trade agreement
A deputy economy minister Vahe Danielian said today next year Armenia will start talks with the European Union on the Deep and Comprehensive Free Trade Agreement. YEREVAN, October 7. /ARKA/. A deputy economy minister Vahe Danielian said today next year Armenia will start talks with the European Union on the Deep and Comprehensive Free Trade Agreement. According to the ministry of economy, unlike ...
10/07/2009Russia's share in Armenia's total foreign trade drops slightly in 11 months – minister
Russia's share in Armenia's total foreign trade turnover has decreased in the first 11 months of 2023, Armenian Economy Minister Vahan Kerobyan said in an interview with the Public Television. YEREVAN, December 19. /ARKA/. Russia's share in Armenia's total foreign trade turnover has decreased ...
12/19/2023Armenia's foreign trade soars by 44 % in first half of 2022 to $5.1 billion
Armenia's foreign trade in the first half of 2022 soared by 44% from the same time span in 2021 to $5,152,571,900, according to the National Statistical Committee (NSC). YEREVAN, August 5. /ARKA/. Armenia's foreign trade in the first half of 2022 soared by 44% from the ...
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