Euromedia24 on Play Store Euromedia24 on App Sore
BNB

$711.47

BTC

$99671

ADA

$1.052

ETH

$3388.4

SOL

$202.98

-3 °

Yerevan

-2 °

Moscow

13 °

Dubai

7 °

London

3 °

Beijing

4 °

Brussels

0 °

Rome

1 °

Madrid

BNB

$711.47

BTC

$99671

ADA

$1.052

ETH

$3388.4

SOL

$202.98

-3 °

Yerevan

-2 °

Moscow

13 °

Dubai

7 °

London

3 °

Beijing

4 °

Brussels

0 °

Rome

1 °

Madrid

The government banned the export of ferrous and non-ferrous metal scrap from Armenia for 6 months


A temporary ban on the transportation of a number of goods from RA to EAEU countries and export to third countries has been applied.
The corresponding decision was adopted at today's session of the government. The justification states that the adoption of this decision is due to the need to regulate the export of used goods made of ferrous and non-ferrous metals, to develop local production and provide a raw material base, as well as to stimulate the activity of Armenia's processing industry through new investments. :

The experience of recent years has shown that working with scrap or preparations of imported ferrous and non-ferrous metals as raw materials is economically unprofitable, as their prices are high. As a result, the final product produced with imported raw materials has a high cost and becomes uncompetitive even in the domestic market.

In addition, due to the high prices formed in the EAEU common market in recent years, intensive export processes of ferrous and non-ferrous metal scrap from Armenia were observed.

Some EAEU countries have also banned or restricted the export of ferrous and non-ferrous metals, including to the EAEU countries. Accordingly, a decision was made to temporarily (for a period of 6 months) ban the export of scrap and waste of ferrous and non-ferrous metals, as well as some used products made of ferrous and non-ferrous metals. export of goods.

More News

...

Apart from Russia, there is no other country that has invested at least half a billion dollars in Armenia. Mesrop Arakelyan

The increase in the tax burden from this year will lead to an increase in the shadow, it is inevitable and the state will fail in the fight against it. Suren Sahakyan

LIVE: Session of the NA Economic Affairs Committee

From October 2025, a unified system of QR payments will operate in RA

Armenian businessmen in Russia are concerned about the discussions about Armenia's possible exit from the EAEU. Karapetyan

Exiting the EAEU will have risks if it happens today. Finnish Vahe Hovhannisyan (video)

Meat goes in and sausage comes out at the end, don't be surprised. Gevorg Papoyan (video)

Catalyst theft has decreased 12 times. Gevorg Papoyan (video)

Tourism decreased by about 7%. Minister of Economy presented figures (video)

LIVE: Session of the Standing Committee on Financial, Credit and Budgetary Issues of the National Assembly

Shirak dry port will become the most serious regional hub. Gevorg Papoyan (video)

LIVE: Minister of Economy Gevorg Papoyan's 2024 closing press conference

There are all the permits to operate the Amulsar mine, there is no legal basis to stop the process. Simidyan (video)

RA export volumes will be reduced by around 80%, not to mention the possible increase in gas prices. economist

We allocated 160 million dollars for extending the work of the 2nd power unit of the nuclear power plant. TKE Minister

Listen, pension has never been increased in Armenia in 5 years as much as it has been in the last 5 years, go, look at the history. Pashinyan

No matter how much we think that pensioners do not use this toolkit, it is not so. Mher Grigoryan about doing business on the Internet

Last year, 5 new air carriers entered the RA market. TKE Minister (video)

Why is the low salary, at least some of the complainers don't go to work in construction? Pashinyan (video)

Taxes of business entities in the service sector have increased almost 2 times. economist