Monday, August 11 2025,
ArmInfo. Armenia imported 489.1 thousand tons of oil products in 2024, which is 6.4% lower than the same period last year. At the same time, the customs value decreased almost proportionally - by 6.8% to $469.7 million. This is evidenced by the data of the Customs Service of the Republic of Armenia.
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Monday, August 11 2025,
ArmInfo. "Trump's route" also has a very clear energy focus, which will inevitably lead to the rupture of Armenian-Russian and Armenian-Iranian energy transport ties. A similar point of view was expressed in his article by energy security expert Vahe Davtyan.
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Monday, August 11 2025,
ArmInfo. The staff of the Macroeconomic Policy Department of the Ministry of Finance of the Republic of Armenia, together with experts from the International Monetary Fund (IMF), continued to develop a semi-structural model (Semi-Structural Gap Model/SSGM) for medium-term forecasting of macroeconomic indicators within the framework of technical assistance.
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Saturday, August 9 2025,
ArmInfo. On behalf of the Association of Mining and Metallurgical Industry, I congratulate our partners from Lydian Armenia on the resumption of construction work at the Amulsar deposit. I am confident that the long-awaited launch of the Amulsar project will bring tangible economic benefits to the country, and will also significantly strengthen Armenia's position on the global map of effective investment areas. The head of the Association, Vardan Janyan, wrote about this on his Facebook page.
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Saturday, August 9 2025,
ArmInfo. With the launch of TRIPP (Trump International Route for Peace and Prosperity), Armenia will have a railway connection with Russia, which we have not had for 30 years. Armenia will be connected with Iran and Central Asia, and China will gain a new railway route towards the West. Armenian Prime Minister Nikol Pashinyan made this statement in Washington, while responding to a question about whether the launch of TRIPP will hit the logistical and trade interests of Russia and Iran, and whether it will diminish China's role in trade flows from Asia to Europe.
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Friday, August 8 2025,
ArmInfo. Work has restarted at the Amulsar gold mine to complete the construction of various infrastructure. Ten contractor companies are involved in the work, as reported by the press service of the Lydian Armenia company.
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Friday, August 8 2025,
ArmInfo. In Armenia's interbank foreign exchange market from August 4 to August 8, 2025, there was a noticeable decrease in ruble transactions amidst a decline in dollar transactions. Euro transactions have not taken place for two and a half months. Particularly, the weekly trend of dollar transactions shifted from a 47% growth to a 21% decline, while ruble transactions, which resumed the previous week, jumped by 86%. This reduced the prevalence of total weekly dollar transactions over ruble transactions from 2.5 times to 1.1 times. In parallel with this, in the intra-bank foreign exchange market during the same period (04-08.08.25 compared to 28.07-01.08.25) the growth in purchasing dollars slowed down significantly, while the trend for selling dollars increased. The trend for purchasing-selling euros continued to rise, and in ruble transactions the purchase growth was accompanied by the sales trend going down. As a result, from August 4 to August 8, the dram remained stable against the dollar at AMD 383.5 /$1, weakened against the euro - AMD 440 to AMD 447/1 EUR, and also weakened against the ruble - AMAD 4.75 to AMD 4.78/1RUB.
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Friday, August 8 2025,
ArmInfo. Armenia experienced a significant increase in the export and import of diamonds from 2023 to mid-2024, followed by a decrease in volumes. Throughout 2024, both export and import volumes of diamonds decreased by 6% (compared to growth of 88.2% and 39% in 2023) - to 4201.6 thousand and 3320.2 thousand carats, respectively, as evidenced by data from the Customs Service of the Republic of Armenia. A similar shift in dynamics was noted for the customs value of exported and imported diamonds: moving from a 41.5-44.2% growth to an 18-12% decline - to $485.6 million and $500.8 million, respectively.
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Friday, August 8 2025,
ArmInfo. Armenia's tourism potential will be presented at the Road Show in Moscow, as reported by the press service of the Tourism Committee.
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Friday, August 8 2025,
ArmInfo. Armenia will host the first festival dedicated to enotourism EnoFest Armenia-2025, along with a specialized forum EnoTalks Armenia-2025. Lilit Grigoryan, the co-founder of EnoFest and EnoTalks, announced this during a press conference.
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Friday, August 8 2025,
ArmInfo. By the end of 2024, the rapid growth of gold exports and imports started to decline. In 2024, Armenia exported 77,566.9 kg of gold showing a decrease in annual growth from 3.2 times to 2.7 times. Additionally, the country imported 85,475.5 kg of gold with annual growth slowing down from 7.7 times to 92%, as evidenced by data from the Customs Service of Armenia.
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Friday, August 8 2025,
ArmInfo. About 70 companies have expressed their willingness to participate in the preliminary stage of market research to organize the price request procedure initiated by Electric Networks of Armenia CJSC. This was reported by the company's press service.
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Friday, August 8 2025,
ArmInfo. Before choosing political names and beautiful packaging, it is very important to understand the substantive consequences. Economist Hayk Farmanyan writes about this, speaking about the expected transfer of control over the Syunik corridor to the United States.
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Friday, August 8 2025,
ArmInfo. As of August 3, 2025, 1,217 tons of flowers were exported from Armenia, which is 2.3 times more than the figure for the previous year. This was written on his Facebook page by Armenian Minister of Economy Gevorg Papoyan.
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Thursday, August 7 2025,
ArmInfo. In order to ensure its operations and meet its obligations, Electric Networks of Armenia CJSC plans to conduct an open tender for the purchase of motor oil, hydraulic oil and lubricants, antifreeze, tires and batteries for vehicles, as noted in the company's statement.
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Thursday, August 7 2025,
ArmInfo. Before the construction of a large plant in Vanadzor, as promised by Narek Karapetyan, representative of the Tashir Group of Companies, days earlier, I hope they will first launch a small metal smelter, that has been delayed for years. Armenian Minister of Economy Gevorg Papoyan posted on his Facebook page.
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Thursday, August 7 2025,
ArmInfo. The Armenian government has received the right to sell its 20-percent share in MTS Armenia telecom operator. The corresponding decision was made at its Cabinet meeting on August 7.
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Thursday, August 7 2025,
ArmInfo. Armenia intends to conclude an agreement with the United Arab Emirates on trade in services and investments. The RA government considered it appropriate to sign this document at its meeting on August 7.
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Thursday, August 7 2025,
ArmInfo. The Nuclear Safety Regulatory Committee of Armenia will acquire a new building. At the meeting on August 7, the RA government approved a draft decision, according to which budget funds in the amount of 25.3 million drams will be allocated for the development of design and estimate documentation for the construction of the building.
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