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Armenian government establishes benefit for import of 2 thousand tons of butter
... decided at a meeting on Thursday to implement a tariff preference for butter imported from EAEU countries. YEREVAN, December 19. /ARKA/. The Armenian government decided at a meeting on Thursday to introduce a tariff preference for butter imported from EEU member countries. The procedure for distributing imported butter, as well as the forms for one-time and main licenses, were also approved. Earlier, the Eurasian Economic Commission (EEC, the executive arm of EEU) Board decided to grant Armenia an ...
12/19/2024Smuggling of 25 thousand boxes of cigarettes from Iran stopped in Armenia (VIDEO)
... thousand boxes of smuggled cigarettes, which smugglers tried to import to Armenia from duty-free shops in Iran and Georgia, were discovered during the last six months. Also, more than 7 thousand e-cigarettes sticks from the Russian Federation, declared in EEU cargoes either by wrong code or not by name, were also detected. -0-
12/17/2024Armenia's trade turnover with EEU countries in January-October exceeded $11bn. - Ministry of Economy
Armenia's trade with Eurasian Economic Union’s (EEU) member states exceeded the threshold of $11 billion in the first 10 months of 2024, against $3.4 billion for the whole of 2023, Armenian Deputy Economy Minister Narek Hovakimyan said on Monday. YEREVAN, 16 December. /ARKA/. Armenia's trade ...
12/16/2024Formation of EEU common energy market faces serious difficulties- Pashinyan
The formation of a common energy market for all members of the Eurasian Economic Union (EEU) has been encountering serious difficulties, as a result of which some of the announced initiatives are not fully functioning, Armenian Prime Minister Nikol Pashinyan said. YEREVAN, 13 December. /ARKA/. The formation of a common energy market ...
12/13/2024Crossroads of Peace will expand transport, trade and economic ties between the countries - Armenian Prime Minister
... respect for the sovereignty and jurisdiction of the countries, as well as the principle of equality and reciprocity,’ Pashinyan said at a meeting of the Eurasian Intergovernmental Council in Moscow on Friday. According to him, the capabilities of the EEU member states in the field of transport and logistics are not fully utilised. ‘In this context, I consider it necessary to once again note the importance of this project for our region, which envisages creation and modernisation of a number of transport ...
12/13/2024Armenia's industrial potential has considerable development prospects in EEU - Pashinyan
Armenia's industrial potential, including jewellery and pharmaceutical industries, as well as agro-processing, has considerable development prospects in cooperation with partner states from the Eurasian Economic Union (EEU), Prime Minister Nikol Pashinyan said at a session of the Eurasian Intergovernmental Council in Moscow today. YEREVAN, 13 December. /ARKA/. Armenia's industrial potential, including jewellery and pharmaceutical industries, as well as agro-processing,...
12/13/2024Pashinyan explains why Armenia refused to host EEU Supreme Economic Council meeting
Armenian Prime Minister Nikol Pashinyan revealed today why Yerevan refused to host a meeting of the Eurasian Economic Union's (EEU) Supreme Economic Council. YEREVAN, 4 December. /ARKA/. Armenian Prime Minister Nikol Pashinyan revealed today why Yerevan refused to host a meeting of the Eurasian Economic Union's (EEU) Supreme Economic Council. ‘I personally considered it ...
12/04/2024Armenia to host next meeting of EEU Joint Board of Customs Services in 2025
Armenia will host a regular session of the Joint Board of Customs Services of Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia, which are members of the Eurasian Economic Union (EEU). YEREVAN, 29 November. /ARKA/. Armenia will host a regular session of the Joint Board of Customs Services of Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia, which are members of the Eurasian Economic Union (EEU). The session will take place ...
11/29/2024Supreme Eurasian Economic Council to meet in Russian St. Petersburg at request of Armenia
At the request of Armenia, which is currently chairing the Eurasia Economic Union (EEU), a regular meeting of the Supreme Eurasian Economic Council will take place next December 25 in Russian Saint Petersburg. YEREVAN, November 26. /ARKA/. At the request of Armenia, which is currently chairing the Eurasia Economic Union (EEU),...
11/26/2024Armenia contributes $93 million more to EEU budget than receives - Papoyan
Armenian Economy Minister Gevorg Papoyan revealed today that between January and October 2025 Armenia contributed $231 million worth of tax levies to the common budget of the Eurasian Economic Union (EEU) and received back $138 million. YEREVAN, 31 October. /ARKA/. Armenian Economy Minister Gevorg Papoyan revealed today that between January and October 2025 Armenia contributed $231 million worth of tax levies to the common budget of the Eurasian ...
10/31/2024Armenia finalises its part of work on draft free trade agreement between UAE and EEU – minister
Armenia has completed its part of work on a draft free trade agreement between the United Arab Emirates (UAE) and the Eurasian Economic Union (EEU) , Economy Minister Gevorg Papoyan said at a meeting of the parliamentary committee on regional and Eurasian integration on Friday. YEREVAN, 25 October. /ARKA/. Armenia has completed its part of work on a draft free trade agreement between ...
10/25/2024Iranian market will open for main part of Armenian exports: minister
As part of the Free Trade Agreement between Iran and Eurasian Economic Union (EEU) member states, the Iranian market will open for a substantial portion of Armenian exports, Economy Minister Gevorg Papoyan said today. YEREVAN, 25 October. /ARKA/. As part of the Free Trade Agreement between Iran and Eurasian Economic ...
10/25/2024Zakharova: ‘We regret Armenia's continued boycotting of CSTO’
... Russian Foreign Ministry spokesperson Maria Zakharova said. She noted that the country itself determines what is important and necessary for it. ‘We simply believe that the CSTO is as useful in the field of security as the Eurasian Economic Union (EEU) is in the field of economy. And we do not see any obstacles for interaction within these two structures with Armenia. But this is a matter of this country's national policy, just like any other sovereign state,’ Zakharova said at a press briefing ...
10/02/2024EEC proposes to set the duty-free threshold for import of goods at the level of 200 euros for 2025
The Eurasian Economic Commission (executive body of the Eurasian Economic Union - EAEU) is preparing decisions on tariff regulation of external electronic trade. YEREVAN, 25 September. /ARKA/. The Eurasian Economic Commission (executive body of the Eurasian Economic Union - EAEU) is preparing decisions on tariff regulation of external electronic trade. EEC Trade Minister Andrei Slepnev said that work is underway to prepare decisions on establishing a single rate of customs duty on a...
09/25/2024Pashinyan discusses bilateral relations with Russian Deputy PM Overchuk
... Armenian government. During the meeting, the two officials discussed various issues related to the bilateral agenda between Armenia and Russia. Additionally, they touched on topics concerning cooperation within the framework of the Eurasian Economic Union (EEU).
09/13/2024Armenia to host 3rd Eurasian Economic Forum, marking 10 years of EEU
... will take place from September 30 to October 1 in Yerevan YEREVAN, September 12. /ARKA/. The third Eurasian Economic Forum will take place from September 30 to October 1 in Yerevan, as part of Armenia's chairmanship of the Eurasian Economic Union (EEU), according to the country’s Ministry of Economy. The event will commemorate the 10th anniversary of the EEU Treaty. The forum aims to further develop economic cooperation among leaders of large, medium, and small businesses from member states and ...
09/12/2024Armenia wants to introduce fines for exporting sensitive goods to the EEU by air
The Economic Affairs Committee of the Armenian Parliament has unveiled today a set of draft amendments to the Administrative Code, which, if approved, will introduce fines for the export of sensitive goods to the Eurasian Economic Union (EEU) member states by air. YEREVAN, 4 September. /ARKA/. The Economic Affairs Committee of the Armenian Parliament has unveiled today a set of draft amendments to the Administrative Code, which, if approved, will introduce fines for ...
09/04/2024Russian official: Yerevan's EEU participation is beneficial, Moscow hopes Armenia won’t withdraw
"Relations between Moscow and Yerevan are based on mutually beneficial cooperation," Foreign Ministry official claims. YEREVAN, August 20. /ARKA/. Yerevan benefits from its participation in the Eurasian Economic Union (EEU), and Moscow hopes Armenia will not be swayed by the promises of investments and a brighter future from the United States and the European Union, according to Mikhail Agasandyan, an official with Russia's Foreign Ministry. "Relations between ...
08/20/2024Eurasian Economic Forum 2024 to be held in Yerevan in late September
... said. The forum, scheduled for 30 September - 1 October in Yerevan, is timed to coincide with the meeting of the Eurasian Intergovernmental Council, which is scheduled to review the results of the ten-year functioning of the Eurasian Economic Union (EEU). The prospects and priorities of its development will also be discussed, the EEU said. The forum is aimed at improving co-operative ties between the EEU member states. It will be attended by heads of large, medium and small businesses, government ...
08/16/2024Armenia Leads EEU in GDP and industrial growth amid low inflation
Armenia is leading the Eurasian Economic Union (EEU) in both GDP and industrial production growth YEREVAN, August 14. /ARKA/. Armenia is leading the Eurasian Economic Union (EEU) in both GDP and industrial production growth, according to the recent Macroeconomic Review by the Eurasian Development ...
08/14/2024Armenia to co-operate with EEU countries in weather forecasting
The Armenian government on Thursday approved the signing of an agreement on administrative cooperation in the field of weather forecasting and meteorological services with the authorised bodies of the Eurasian Economic Union (EAEU) member states. YEREVAN, 8 August. /ARKA/. The Armenian government on Thursday approved the signing of an agreement on administrative cooperation in the field of weather forecasting and meteorological services with the authorised bodies of the Eurasian Economic Union...
08/08/2024Armenia leads EEU in industrial production growth for January-May 2024
Industrial production in Armenia saw the highest increase among the EEU countries YEREVAN, July 22. /ARKA/. Industrial production in Armenia saw the highest increase among the Eurasian Economic Union (EEU) countries, growing by 22% in January-May 2024 compared to the same period in 2023, according to the Eurasian Economic ...
07/22/2024Trade turnover with Armenia surges from $200m to $711m - Iranian Ambassador
... turnover with Armenia has surged from $200 million to $711 million, Iran’s Ambassador to Armenia Mehdi Sobhani said in an interview with Iran's SNN news agency. He said Armenia, with its 3 million population, is a member of the Eurasian Economic Union (EEU), which has turned the country into a platform for the 200 million-strong Eurasian market. He noted that southern Armenia, as a strategic region, plays an important role in security and trade between Iran and Armenia, and the presence of Iran's consulate ...
07/19/2024Armenia records highest unemployment rate among EEU countries in Q1
Armenia registered the highest unemployment rate among the countries of the Eurasian Economic Union YEREVAN, July 12. /ARKA/. Armenia registered the highest unemployment rate among the countries of the Eurasian Economic Union (EEU) in the first quarter of 2024, the Eurasian Economic Commission (EEC) reported on Friday. Based on the International Labour Organization's methodology, the unemployment rate in the EAEU was 3.2% of the labor force, with Armenia's rate at 15.5%. In ...
07/12/2024Russian deputy prime minister says EEU and EU incompatible
The Eurasian Economic Union (EEU) and the European Union (EU) are incompatible, the arrival of extra-regional players in Armenia will have consequences, Russian Deputy Prime Minister Alexei Overchuk said, speaking at the Primakov Readings forum. YEREVAN, 25 June. /ARKA/. The ...
06/25/2024Armenian government approves ratification of free trade agreement between EAEU and Iran
The Armenian government at a session on Friday approved ratification of a free trade agreement between the member states of the Eurasian Economic Union (EAEU) and Iran, signed on 25 December 2023 in St. Petersburg. YEREVAN, 14 June. /ARKA/. The Armenian government at a session on Friday approved ratification of a free trade agreement between the member states of the Eurasian Economic Union (EAEU) and Iran, signed on 25 December 2023 in St. Petersburg. The EAEU comprises Armenia, Belarus, Kazakhstan...
06/14/2024Armenian Foreign Ministry summons Ambassador to Belarus for consultations
... supported Azerbaijan's preparations for a 44-day offensive on Nagorno-Karabakh in 2020, and wished victory for Azerbaijan. "Should I go and discuss CSTO activities with the president of Belarus after this? Although I will have to do it in the EEU format," Pashinyan said. He noted that Armenia's position on the CSTO will not change until Belarus withdraws from the CSTO or apologises in a way that is acceptable to the Armenian people. During his visit to Azerbaijan in May this year, Belarusian ...
06/13/2024Pashinyan: next logical step will be withdrawal from CSTO
... supported preparations for the 44-day war in Nagorno-Karabakh in 2020 and wished victory for Azerbaijan. "Should I, after that, go and discuss the CSTO activitioes with the president of Belarus? Although I will have to do it in the format of the EEU. I want to fix that I will never visit Belarus again as long as Alexander Lukashenko is its president. And no Armenian official will officially visit Belarus," Pashinyan said. He noted that Armenia’s position on the CSTO will not change until ...
06/13/2024Russian Deputy Prime Minister expects Iran-EEU FTA to become operational in 2025
Russia expects the free trade area (FTA) agreement between Iran and the Eurasian Economic Union (EEU) to become operational in 2025, Russian Deputy Prime Minister Alexei Overchuk said in an interview with Russia-24 TV channel on the margins of the St. Petersburg International Economic Forum (SPIEF). YEREVAN, June 7. /ARKA/. Russia expects the ...
06/07/2024Armenia’s Deputy PM: Quality changes needed to form common energy markets in EEU
... pattern of trade are needed to form common markets, especially in terms of energy, Armenia’s Vice Prime Minister Mher Grigoryan said at the Eurasian Intergovernmental Council in Belarus on Tuesday. “The most important factor in the development of the EEU is the issue of forming common energy markets. We hope to see a constructive approach from partners, which will allow us to level out a number of existing differences and make practical steps to implement the key integration principles of the Eurasian ...
06/04/2024Armenia ready to make efforts to ensure food security of EEU - Deputy Prime Minister
... effort to help ensure food security of the Eurasian Economic Union (EEU) member states, Armenian Deputy Prime Minister Mher Grigoryan said, speaking in Minsk (Belarus) at a meeting on food security issues. ‘Coordinated efforts and joint work of the EEU member states (Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia) will allow us to achieve sustainable food security and ensure the well-being of our citizens. I would like to reaffirm the readiness of the Armenian government to make all necessary efforts for the implementation of the main measures to ensure food security of the EEU,’ he said. According to Grigoryan, the issue of food security is ...
06/04/2024Armenian business entities made over 648 million transactions worth 12.2 trillion drams in 2023
... compared to 2022 , wile in terms of money they were up AMD 2.1 trillion. He said also that receipts from the common Eurasian Economic Union’s budget increased by 32 per cent compared to 2022. ‘Armenia transferred about AMD 187.5 billion to the common EEU budget, but received AMD 73 billion,’ Badasyan said in parliament. According to the National Statistical Committee, Armenia's trade turnover with the EEU exceeded $7.6 billion in 2023, up 42.7% year-on-year. The EEU countries accounted for 36.8 ...
05/31/2024Armenia to chair meeting of Supreme Eurasian Economic Council
... chair a meeting of the Supreme Eurasian Economic Council slated for May 8. Armenia holds the rotating 12-month presidency of the Eurasian Economic Union. According to the Eurasian Economic Commission, the executive body of the Eurasian Economic Union (EEU), the meeting’s will discuss a set of issues on the development of the Eurasian economic integration until 2025, the launch of negotiations with Mongolia on the conclusion of a temporary trade agreement between the EEU and that country. The leaders ...
05/08/2024Pashinyan and Putin to have meeting in Kremlin on May 8
... Ushakov said. "Problematic issues have recently accumulated between Armenia and Russia, which we expect will be frankly discussed between the leaders," Vedomosti newspaper noted him as saying. Armenia is chairing the Eurasian Economic Union (EEU) in 2024. Ushakov said that Armenia is one of the main "beneficiaries" of economic integration within the EEU and that "well-established trade and economic ties with Russia also bring great returns." He said as a result Armenia ...
05/06/2024Armenian National Assembly speaker considers it "right for Pashinytan to participate" in EEU summit
Armenian National Assembly Speaker Alen Simonyan said the country’s leader should travel to Moscow to participate in the Eurasian Economic Union (EEU) summit, scheduled for May 8. YEREVAN, May 6. /ARKA/. Armenian National Assembly Speaker Alen Simonyan said the country’s leader should travel to Moscow to participate in the Eurasian Economic Union (EEU) summit, scheduled for May 8. Speaking ...
05/06/2024EEU and its economic principles should not be intertwined with political ambitions - Pashinyan
Armenia continues to develop partnership cooperation with members of the Eurasian Economic Union (EEU) , seeking to prevent any attempts to politicize the organization created to promote trade, Armenian Prime Minister Nikol Pashinyan said in an interview with Egemen Qazaqstan and Kazakhstanskaya Pravda newspapers ahead of Kazakh president's official ...
04/15/2024Armenia posts highest growth of industrial output among EEU countries in 2 months of 2024 - EEC
The industrial output in the Eurasian Economic Union (EEU) grew by 6.6% in January-February 2024 compared to the same period of 2023, the Eurasian Economic Commission (EEC), the executive body of EEU said in a press release. YEREVAN, April 10. /ARKA/. The industrial output in the Eurasian Economic Union ...
04/10/2024Russia will warn EEU countries about restrictions to be introduced on mutual trade
The Russian authorities will notify the Eurasian Economic Union (EEU) member countries) in advance about planned restrictions on mutual trade. YEREVAN, April 9. /ARKA/. The Russian authorities will notify the Eurasian Economic Union (EEU) member countries) in advance about planned restrictions on mutual trade. ...
04/09/2024Yerevan may be left at a broken trough if its believes EU promises- Russian Foreign Ministry
Armenia may be left at a broken trough if it believes empty promises of the European Union about access to the common European market and decides to break ties with Russia and the Eurasian Economic Union (EEU) for the sake of it, Russian Foreign Ministry told Tass news agency, commenting on the report of the Friends of Armenia Network on deepening EU-Yerevan relations, prepared under the leadership of former NATO Secretary General Anders Fogh Rasmussen....
03/29/2024MP from ruling party: Armenia's withdrawal from EEU not under discussion
At the moment, Armenia is not considering withdrawal from the Eurasian Economic Union (EEU), MP from the ruling Civil Contract party Maria Karapetyan said on Thursday. YEREVAN, March 28. /ARKA/. At the moment, Armenia is not considering withdrawal from the Eurasian Economic Union (EEU), MP from the ruling Civil Contract party Maria ...
03/28/2024Armenian government approves agreement on unified system of customs transit of goods of EEU members and third countries
... Eurasian Economic Union (EAEU) member states and third countries at a session on Thursday. YEREVAN, March 14. /ARKA/. The Armenian government approved an agreement on a unified system of customs transit of goods from the Eurasian Economic Union (EEU) member states and third countries at a session on Thursday. The agreement is expected to create a unified system of customs declaration, ensure the application of a universal system of payment of security customs duties (for example, for alcoholic ...
03/14/2024Launch of EEU single energy market may be postponed until 2027, says deputy minister
The launch of the single energy market for countries, which are members of the Eurasian Economic Union (EEU) that was initially planned for 2025 is being postponed until 2027 because the member states have failed to reach consensus on a number of issues, Armenian Deputy Minister of Territorial Administration and Infrastructures Hakob Vardanyan told a meeting ...
03/11/2024Peskov: Armenian people benefit from cooperation with Russia
Armenia and its people benefit from cooperation with Russia and from Armenia's membership in the Eurasian Economic Union (EEU) with trade, transportation and financial services growing, Russian presidential spokesman Dmitry Peskov said. YEREVAN, March 6. /ARKA/. Armenia and its people benefit from cooperation with Russia and from Armenia's membership in the Eurasian ...
03/06/2024Poll shows Armenian residents oppose visa-free regime with EU at the expense of leaving Russia-led alliance
... public opinion poll conducted by the Armenian office of Gallup International has shown that 32.9% of respondents oppose a visa-free regime with the European Union on the condition that Armenia withdraws from the Russian-led Eurasian Economic Union (EEU) and the Collective Security Treaty Organization (CSTO). YEREVAN, March 4. /ARKA/. A public opinion poll conducted by the Armenian office of Gallup International has shown that 32.9% of respondents oppose a visa-free regime with the European Union ...
03/04/2024Armenia intends to allocate "privileged places" on supermarket shelves for local goods
... store shelves. Speaking about Russia's restrictions on the import of Armenian dairy products, Teryan, in particular, noted that together with Russian and Belarusian partners a list of Armenian producers, whose products are exported to Russia and other EEU countries, has been compiled. The deputy minister did not disclose the names of these producers. "The task has been partially solved, the work continues," he said. On April 5, 2023, Russia banned supplies of dairy products from Armenia 'due ...
02/27/2024Armenian labor migrants unhappy with SRC plan to tax them at home
... citizens were employed legally. They paid taxes in Russia, but how much exactly - the citizens did not know. And then they were informed in Armenia that they had violated their tax obligations to Armenia," Bezhanyan said. She said according to the EEU legislation, if citizens of the member countries conclude a labor contract in the host country, they are immediately subject to 13% income tax. If they terminate the contract after the end of the tax year - they are obliged to recalculate and pay the difference in income ...
02/21/2024Pashinyan and head of Eurasian Economic Commission discussed priorities of Armenia's presidency in the organization
... Chairman of the Board of the Eurasian Economic Commission Bakytzhan Sagintayev, the government press service reported. It said the two men discussed issues related to the priorities and programs of Armenia's presidency in the Eurasian Economic Union (EEU). The sides also touched upon the project of the Armenian government "Crossroads of Peace" designed to reopen all roads and infrastructure in the region of the South Caucasus.-0-
02/12/2024Armenia tightens control over goods imported from EEU
Armenia's State Revenue Committee has tightened border control over goods imported from the Eurasian Economic Union (EEU) member states of Belarus, Kazakhstan, Kyrgyzstan and Russia. YEREVAN, February 8. /ARKA/. Armenia's State Revenue Committee has tightened border control over goods imported from the Eurasian Economic Union (EEU) member states of Belarus, Kazakhstan,...
02/08/2024Russian Foreign Ministry assesses possibility of Armenia's withdrawal from EEU
Armenia's possible withdrawal from the Eurasian Economic Union (EEU) would be disadvantageous for Armenia itself, as it contradicts its interests, Russian Deputy Foreign Minister Alexander Pankin said in an interview with Russian state-run news agency RIA Novosti. YEREVAN, February 8. /ARKA/. Armenia's possible ...
02/08/2024Armenian PM outlines main directions for EEU to work
... 12-month rotating presidency of the organization, which also includes Belarus, Kazakhstan, Kyrgyzstan and Russia. According to him, the main beneficiaries of legal mechanisms for regulating electronic commerce are businesses. However, Pashinyan noted that citizens of the member states should also feel the practical benefits of the freedom of movement of goods, services and labor in the EEU. --0--
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