international trade
Trump’s Tariff War Against Canada: Markets Panic, Recession Fears Mount
Donald Trump doubles tariffs on Canadian goods, sparking market panic and recession fears.
Mongolia Opens Its Market to Armenia: New Export Opportunities
Mongolia has officially opened its market to Armenia through a temporary trade agreement between the Eurasian Economic Union (EAEU) and Mongolia. On December 5, Armenia’s government approved the agreement, which aims to significantly reduce customs duties and boost export volumes.…
Armenian Trucks Face Long Delays at Russia-Georgia “Upper Lars” Border Crossing
Approximately 700 Armenian freight trucks are currently stalled at the “Upper Lars” checkpoint along the Russia-Georgia border. This congestion is attributed to adverse weather conditions along the strategic Gudauri-Kobi section of the Mtskheta-Stepantsminda-Lars international road, which is a vital route…
Armenia’s Position in Global Export Rankings: 2023 Results and Analysis
According to the latest data from the World’s Top Exports portal, global exports reached a record $23.27 trillion in 2023, marking a 24% increase compared to 2019. Against this backdrop, Armenia secured the 104th position with exports totaling $8.37 billion.…
