In 2018, Armenia will receive 40% more customs ha

  • 01.11.2017
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In 2018, Armenia will receive 40% more customs allocations within the framework of the Eurasian Economic Union. This is stated in the draft of the next state budget, which is currently being discussed in the NA executive committees.  


The Government of the Republic of Armenia expects to receive about 74 billion drams (about $154 million) in 2018, which is 1.22% of the estimated customs duties in the EAEU. As a basis, the forecast of the International Monetary Fund regarding imports to EAEU countries in 2018 was taken into account.


It is noted that the forecasts are positive, taking into account the growth trend of the Russian economy.

Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

Direct link to this article: https://www.armenianclub.com/2017/11/02/2018-40/

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS