
FOREIGN TRADE IN 2004
The volume of foreign trade of NKR in 2004 in actual prices totaled 61559.5 million drams, including export of goods 20734.4 million drams and import 40825.1 million drams. The balance of trade was negative; trade deficit totaled 20090.7 million drams. The volume of foreign trade in 2004 grew by 38.2 per cent against 2003, 85.8 per cent against 2002, 2.2 times against 2001. Export increased by 33.4 per cent, 2.8 times and 7.1 times respectively. In 2004 the volume of foreign trade with CIA countries totaled 50325.5 per cent which forms 81.7 per cent of the whole foreign trade turnover, and with other countries 11234.0 million drams or 18.3 per cent. The value of goods exported to the CIS countries totaled 14307.5 million drams, the value of goods imported from these countries - 36018.1 million drams. The value of goods exported to other countries totaled 6426.9 million, and imported goods - 4807.0 million. In the structure of NKR foreign trade turnover the share of Stepanakert totals 83.8 per cent. A major part of goods exported from Karabakh are base metals and precious metals, precious and semi-precious stones and manufactured metal products and precious and semi-precious stones. Imported goods are mainly food materials and food products. NKR BALANCE OF PAYMENTS IN 2004 According to preliminary data, the deficit of the current account balance of NKR in 2004 totaled 9708.2 million drams. The study of the combined capital accounts of the balance of payments shows that the foreign transactions of the republic were mainly of commercial character. The deficit of balance of trade in 2004 totaled 18457.7 million drams, increasing by 38.1 per cent against 2003. In 2004 the picture of the financial accounts of the NKR balance of payments in 2004 was the following: direct investments in the economy 1964.2 million drams, investment portfolio liabilities 215.5 million drams, the assets of other investments 55927.9 million drams, other investment liabilities 58523.9 million drams. FOREIGN CURRENCY EXCHANGE RATES In 2004 the exchange rates of 1 US dollar, 1 RF ruble and 1 euro was 532.1, 18.5, 660.7 AM drams against 578.7, 18.8, 653.3 AM drams respectively. In the months of January - March the average exchange rates of 1 US dollar, 1 RF ruble and 1 euro was 476.5, 17.1 and 625.4 drams respectively.
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BOTH ADVANTAGES AND DRAWBACKS WERE POINTED OUT
CHRISTINE MNATSAKANIANNevertheless, summing up the work of the City Hall in the first quarter of the year, the mayor of Stepanakert Edward Aghabekian evaluated it as positive. During the press conference on April 12 the mayor ...FOREIGN TRADE IN 2004
AAThe volume of foreign trade of NKR in 2004 in actual prices totaled 61559.5 million drams, including export of goods 20734.4 million drams and import 40825.1 million drams. The balance of trade was negative; ...
FRONT LINE MONITORING
AA2005 EXPECTED TO BE A BREAK THROUGH
NIKOLAY BAGHDASSARIANBOTH ADVANTAGES AND DRAWBACKS WERE POINTED OUT
CHRISTINE MNATSAKANIANFOREIGN TRADE IN 2004
AAPARLIAMENT DEPENDS ON PEOPLE'S VOTE
LAURA GRIGORIANPILGRIMAGE TO NORAVANK
LAURA GRIGORIANMEETING AT NKR MFA
AAKARABAKH CONFLICT
DAVIT BABAYAN
- 1879 Death in Moscow (Russia) of Stepanos Nazaryan, editor of the "Aurora Borealis". He was born in 1812.
- 1918 The "Messenger Book" daily is published in Tbilissi (Georgia): the first Soviet newspaper in Armenian.
- 1923 The Soviet of People's Committee of the Armenian SSR creates the State Cinema of Soviet Armenia (HayFilm).
- 1953 Academician Hrachia Atcharyan (linguist) dies in Yerevan. He was born in 1876.
- 1958 Death of composer Vagharshak Srvandztian.
- 1959 The Armenian SSR Supreme Soviet confirms the new Education Policy of Armenia.
- 1984 The US House of Representatives accepts a resolution (number 247) requesting that the Government announce that 1985 04 24 be designated a "National Day of Commemoration of Man's Inhumanity to Man".
- 1984 The Permanent People's Tribunal recognized the Armenian Genocide.
- 1998 An international seminar took place in the Sorbonne (Paris) on the Armenian Genocide. It was organized by the Armenian Revolutionary Federation Party and financed by the See of Cilicia.
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