RA-EU Partnership Road-Map Hardly Overlaps EEU Regulations

Within the framework of the planned activities, the focus has been on creating jobs in the regions and ensuring regional economic growth.

Nikol Pashinyan Conveys Sense of Realizing Mistake of Interfering With Law Enforcement

The talk about "traitors" and "conspirators" provokes much thought, which, in fact, turned out to be not clear allegations, but specific manifestations of political rhetoric.

Risky-For-Us Issues Discussed at EEU Inter-Governmental Board Session

At the EEU intergovernmental board session, held in Yerevan, a range of key issues were raised concerning setting up joint markets of energy carriers, eliminating trade obstacles and so on. At least theoretically there are no hindrances to carry out the envisaged solutions. However, political statements are way far from implementation.

EU-China Cooperation: Coming Together Against a Common Contender

The EU-China summit for China was important in the first place for Europe’s participation in the “Belt and Road” initiative, secondly for becoming an alternative in the face of trade dissonances between Europe and the US.

China’s “Dangerous” Interest in Europe

China’s president Xi Jinping summed up his visit to Western Europe last week in France’s capital Paris. In the talks with France’s Macron agreements were reached on € 40 billion Chinese investment in France and the Union.

Venezuelan Crisis to Have Economic Consequences

Does EU Stand for Counterbalance to American Sanctions against Iran? Myth or Reality?

The Trump administration announced the restoration of sanctions against Iran, but the issue is not limited to the economic and political framework of the two countries, as the sanctions imposed on November 5 will have a direct impact on all the companies dealing with Iran.

The Refusal from US State Bonds by the Investing Countries Can Have Crisis-Leading Consequences

At least for the past two decades, the US public debt has continued to grow, but it does not hinder the well-being of the citizens of the world's number one country. What is the reason for this?

It is Possible that Russia ''Refuses'' Dollar: What Will Be the Consequences for Armenia?

The process is quite risky and, if successful, will be accompanied by both positive and negative consequences.

The Devaluation of the Ruble Will Not Affect the Armenian Market Yet

For this process, two main points can be distinguished: 1 - stabilization of the dollar, 2 - outflow of foreign capital from the developed countries.

The Current Tense Situation in Turkish Economy is a Vivid Example of Government's Misfunctioning

The factors contributing to the downfall of lira are the overstatement of the external debt of $460 billion, including the relatively large short-term liabilities, the ever-increasing rate of inflation in the country, causing great damage to not just the Turkish people, but also the effectiveness of the foreign capital outflow in the country.

Current Situation of Iranian Economy Can Be Seen As an Opportunity in the Context of Extending Armenian-Iranian Economic Relations

The matter is that the use of US sanctions will dramatically decrease the circulation of American currency in Iran, which will result in the Iranian "Riyal" devaluation.

It is Time To Make Practical Suggestions at EAEU Sessions

The agenda of the regular session included a unified digital agenda, a common gas market, common formats of aviation cooperation, industrial co-operation and customs cooperation.

US-China Trade War Has Started

Trump carries out promises made during his election campaign, the core of which is the ideology of the American interests. Following the election, the same taxation policy was applied to American companies outside the United States, with the goal of concentrating their activities in the homeland.

Armenia is an Active Player in Iran-EAEU Free Economic Zone Creation

The pragmatism of the role and contribution of Armenia is more obvious due to a number of circumstances.

Armenia Can Become a Good Platform for International Free Economic Zones

Recall that the agreement is about creating a temporary three-year economic zone. In this regard, we should also note several important circumstances in the interests of the national economy of Armenia:

The Inclusive Growth Is in the Core of Armenia's Development Strategy

This is very important in terms of the interests of the citizens of the Republic of Armenia on the one hand, and on the other hand, in order to be perceived as a partner in the international arena.

Sharp Fluctuations of the Bitcoin Exchange Rate are Conditioned by Market Regulation Efforts

The crypto-market itself is quite interesting, given the peculiarities of the virtual currency and, in particular, the fact that no institution controls it.

The Increase of Prices Announced by the Central Bank of Armenia for 2018 Has Caused Misunderstanding

First, it is worth noting that the CB's targeted four-percent inflation, which was mentioned in the statement, is the derivative of the two main reasons - the Customs Union rates and the expected global economy impulses. In other words, the CB policy is based on other factors affecting the goods prices, not equally acting as a factor promoting inflation.

Issue of Medzamor Nuclear Power Plant Will Be Decided Through Dialogue (EU-RA Agreement)

Such a formulation means that the question of the closure of the nuclear power point will be discussed in the context of its replacement with new capacity.

It Is Early to Talk about Turkey's Cooperation with the EAEU

Unfortunately, not all experts consider the above mentioned details, which give a reason for non-objective and incorrect comments.

What Will the Launch of the Meghri Economic Zone Give Armenia?

If we consider the broader opportunities, then Meghri Free Trade Zone may be of great interest both for the EAEU countries, for which this is an opportunity to develop economic relations with Iran on favorable conditions, and for Iran to enter the EU market more easily, taking into account the fact that Armenia is using the GSP+ privileges.

Joint Calculation Unit vs Single Monetary Unit: the Difference in Case of the EAEU

In this sense, the attempts to identify a joint calculation unit with a single monetary unit are senseless.

Armenia is Planning the Spheres of Economic Cooperation with the EU

In fact, Nalbandian's speech is a step in the official clarification of the Armenian side's vision of cooperation with the EU in the face of signing the new Armenia-EU framework agreement, which is scheduled for autumn. In fact, the priority areas for Armenia are thus becoming clear, in which Armenia may initiate cooperation.

What Is the EU's Special Attitude Towards Ukraine Conditioned By?

Before the Association Agreement enters into force, the European Union set trade preferences for Ukraine for a three-year term on certain agricultural products. The quota limit for trade preferences was due to the lack of a number of European standards, including sanitary and phyto-sanitary ones.

In the Near Future Oil Prices Will Be Conditioned by Another - Qatari Factor

For example, if we look through the agreement reached in Doha a month ago to reduce oil production to 1.2 million barrels a day, we will see that this is primarily intended before the beginning of 2018, and there is still no certainty that any of the countries will not withdraw from the agreement.

In Order to Participate in the Silk Road Project, Armenia Needs a Full-fledged "North-South" Road

The geographical axis of the project is the main territory connecting Asia with Europe. They include former USSR countries and nowadays CIS countries. Armenia has its own specific goals and opportunities in all this project.

The Visit of the Vice President of India to Armenia Showed that the Role of Armenia in the Region Is Changing

The visit was interesting in itself, and not only in its rich content, but also in the political sense. In particular, during the last 12 years, it was the first visit made at such a high level, which demonstrates the goals to give a new impetus to the development of the Armenian-Indian relations.

The Agreement On Armenia-Iran Free Economic Zone Was Signed Notwithstanding Hasty Pessimism

Thus, the estimations actively circulating by the media, according to which our government should give up the idea of a free economic zone with Iran and the arguments from unknown sources, that it is not "economically appropriate" are hasty and false news, to put it mild.

The Decrease of Tariffs for Yerevan-Moscow Cargo Transportation Has a Positive Effect on Trade

On the other hand, it is necessary to pay attention to the fact that the reduction of tariffs for cargo transportation with Russia is supplemented by trade preferences on the borders of the EAEU. i.e. this cooperation reduces the obstacles connected with the absence of Armenia's land borders with the EAEU.

What Relations with the Diaspora Did the RA Citizens Choose?

Armenian Revolutionary Federation, which received 103,48 votes, thinks that the Armenian Diaspora should be fully integrated in the development of Armenian statehood.

The Newly Elected Parliament Is for Active Relations Between Armenia and the Diaspora

As for the Armenian Revolutionary Party approaches, their ideas are based on active involvement of the Diaspora in the internal processes. At the same time, the factor increasing the degree of participation, according to the party's approach, is the improved situation in the country, which will facilitate their repatriation.

Entry of Any Famous Brand Into Armenia May Cause Global Changes

The world-famous American brand, which includes a number of companies (most widely known "Marlboro" cigarettes among them), emphasizes the importance of technological development and the role of human resources in the production process.

Economic Policy Adopted by Trump May Lead to Great Changes

The ultimatum towards US firms, continuing ambiguity of the financial markets, the decision of unique taboos for Mexico, which contribute to the activation of major US competitors in the American continent, makes it clear that the global economy will soon undergo major changes.

The Effect of the Reduction of the Gas and Electricity Prices on Armenian Economy Will be Felt during the Second Semester

As for the business environment, the first result of a reduction in tariffs for gas and electricity will be seen immediately after the first productive cycle with the new tariffs.

Will Dollar Become More Expensive Than Euro?

The answer to the question of whether there will be a breakthrough in 2016, and dollar will at last "win" the euro in regard with exchange rate, depends on several factors.

Armenian IT Professionals should Come up with Their Initiatives in the Process of Creating a Digital Platform in the EAEU

First, digital technology or any innovative initiative within the Union can immediately be viewed as an important opportunity to enhance the activity of Armenia.

The Fate of Oil Prices Depends on the Principles of OPEC and OPEC Member State Iran

On the other hand it should be noted that OPEC's position has been tough enough for the recent period, as the "information war," not to concede any barrel, ongoing since last year, especially manifested between Saudi Arabia and Iran, is not excluded to exacerbate inner problems within the organization.

50 Dollars/Barrel is a Psychological Threshold for "Black Gold" Market

The reduction of oil production in the US and the news of a new meeting of OPEC countries at the end of September resulted in an increase of oil prices.

EU's Haste for Britain's Exit from the Union Has Economic Grounds

The EU tries to prove instability and high-level of its being organized even in the presence of the loss of a big economy like the one of the Great Britain. However, the moods within the Union prove the opposite.

Will Armenia Allow Azerbaijan to Become WTO Member?

It should not be forgotten that Armenia has been a member of WTO since 2003, and in this sense our officials need to clarify their stance: should we allow Azerbaijan to become WTO member?

Reduction of Gas Prices in Armenia will Affect the Pricing of Goods

If you start with the expected impact of this fact on the decline in prices of different goods in general, it is necessary to divide the production with more and less gas consumption.

Eurasian Intergovernmental Council Session: It Was Not an Ordinary One

In this sense Eurasian Intergovernmental Council session that took place in Yerevan can hardly be considered another one in a series of the meetings. By a comprehensive estimation it can be named a driving meeting for the Eurasian Union.

The Consequences of the Initiative to Freeze the Volume of the Exported Oil Are Already Seen

Thus the time for undertaking some steps has come, even if those steps pursue preliminary and sometimes imitational goals.

Armenia does not Lose the Opportunity of Becoming a Bridge Between Armenia and EAEU

One should not forget that Armenia as a separate economy has its interests. Consequently it would be illogical to allow transportation of the Iranian tomatoes via Armenia to Russian Federation (RF) in case when Armenia exports its own tomatoes to RF.

Russia-West Cooperation on the Stabilization of Oil Prices is Temporary

Of course, the dynamics of oil price increase will go in parallel with the negotiation process, but the overall crisis in the market will be eased.

2015 and the Economies of the Countries in the Region

As 2015 marked the Centennial of the Armenian Genocide, a slight increase in late March was recorded in the Armenian economy, with the revival of tourism industry. This sector registered a boom in summer, due to two factors: the summer tourist season and the pan-Armenian games that were unprecedented in terms of participation rates.

The Possibility of Cooperation Between the Eurasian and European Unions Is Observed

All in all we can state there is mutual commitment for cooperation which is based on the realization of economic profits. And the fact that the economic profit is the most strongest motif is not a secret for anybody.

Introduction of the Single Currency in EAEU Requires a Moderate Haste

If we eventually realize which option is the most reasonable and whether Eurasian community is ready for the transition to the new currency in the next two-three years, in my opinion, it is not the appropriate moment to launch the process.

The Fall of Ruble is Inevitable: Better to Keep Savings in AMD

In the long-term perspective even if ruble rate get even lower but become stable, it will be possible to gain benefits by raising the value of the national currency.

Armenia to Benefit from the Expected Agreement on Sailing

One can say it for sure that Armenia, which does not have access to sea, will also benefit from this agreement. Here a question rises. How? This is an opportunity for an Armenian producer to participate in sea trade, if not directly from the territory of Armenia, then at least from any other EEU country.

What Is Behind Reduction of Income Inequality in Armenia?

In the above mentioned UN report the percentage of the poorest people has reduced for 85% as compared to 1990s in Armenia.