Russia-Armenia trade turnover expected to halve in 2025, Overchuk predicts
Other countries
- 04 September, 2025
- 11:46
Add Report.az to preferred Google sources
Stay up to date with the top news!
Russian Deputy Prime Minister Alexey Overchuk has announced that trade turnover between Russia and Armenia is projected to decrease by half in 2025, Report informs, citing Russian media.
Overchuk said: "As for trade between Russia and Armenia, it has already declined significantly, and we expect that by the end of the year, it will fall to about half compared to last year. If it was $12.4 billion in 2024, this year it will likely be around $6 billion, maybe slightly more."
Rusiya ilə Ermənistan arasında ticarət dövriyyəsi ilin sonuna qədər iki dəfə azalacaq
Оверчук прогнозирует сокращение товарооборота с Арменией в два раза в 2025 году
Latest News
08:04
Azerbaijan's external debt servicing to exceed AZN 1.4 billion
Finance
07:50
Azerbaijan to spend nearly $8B on reconstruction of liberated territories
Finance
07:25
Azerbaijan revises 2027 budget revenue forecast upward
Finance
07:09
Kobakhidze highlights Middle Corridor's role as key transport route
Region
01:36
Azerbaijan MFA highlights key outcomes of 7th CICA Summit
Foreign policy
23:49
Azerbaijan publishes Medium-Term Expenditure Framework for 2027-2030
Finance
23:32
Three dead, over 3,000 rescued amid severe flooding in Istanbul
Region
22:53
US expands sanctions against Iran, targets Cuban and Iraqi banks
Other countries
22:22
Papuashvili: Foreign funding transparency protects democracy and sovereignty
Foreign policy