Nagorno-Karabakh’s Foreign Trade Grows By 15.4% To 90 Billion Drams

STEPANAKERT, November 12, /ARKA/. Nagorno-Karabakh’s foreign trade grew by 15.4% year-on-year in the first nine months of 2010 to 90 billion Drams ($238.9 million), ARKA correspondent in Stepanakert reported citing the latest figures released by its National Statistical Service.

According to officials numbers, exports grew by 36.3% to 19.8 billion Drams ($52.5 million), while imports grew by 10.6% to 70.2 billion Drams ($186.5 million). The trade deficit amounted to 50.4 billion Drams or $134 million. –0–

spot_img

POPULAR

Armenia to Receive €120 Million Loan and €15 Million Grant from KfW Bank for Power Grid Connection with Georgia

At a meeting on Thursday, the Armenian government approved the signing of a €120 million loan agreement with the German bank KfW for the "Caucasus Transmission Network - NIF" project to connect the power systems of Armenia and Georgia. Additionally, a €15 million grant agreement with KfW was approved for the "EU Caucasus Transmission Network - NIF. Phase II" project.

EDB forecasts consumer price growth in Armenia of 3.3% y/y by the end of this year

The EDB forecasts consumer price growth in Armenia of 3.3% y/y by the end of this year.

Let’s Talk Smart About Money: Armenia to Host Global Money Week 2026

The international information campaign "Global Money Week 2026" (GMW2026) will be held in Armenia from March 16 to 22, 2026.

Guesthouse “Bees and Beekeeping” in Lori Province

In the village of Vardablur in the Lori region, at the "Beeography" guesthouse, guests are welcomed with a honey drink, considered the guesthouse's signature dish.

Euro and dollar exchange rates against the Armenian dram rose, while the ruble fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of March 10, 2026, increased by 0.12 points compared to March 9, reaching 377.41 drams.

LATEST NEWS

spot_imgspot_imgspot_img