Armenia’s trade turnover with EAEU to grow by 7.3% in 2024 

September 30 2024, 14:33

Economy and Business

 
Trade turnover with EAEU countries grew by 7.3% in January-August 2024, Armenia’s Deputy Economy Minister said at the EAEU forum in Yerevan, adding that, at the same time, the infrastructure lags behind this growth. 

“In the Armenian regions, roads are either already in very good condition or at the stage of repair,” he said, emphasizing that the government continues to invest in road repair ($50 million) and technical equipment ($15 million).

Two government projects are also being implemented to create logistics centers. One of them is the construction of warehouses and cold rooms for storage of agricultural products, and the second is the purchase of vehicles for transportation.