live Hormuz shipping slows as Iran's Araghchi sets conditions for resumption
Shipping through the Strait of Hormuz slowed to a near standstill over the weekend, with five commodity vessels transiting Saturday and none on Sun...
Armenian Prime Minister Nikol Pashinyan has urged Russian President Vladimir Putin to resolve a dispute over trade restrictions imposed by Moscow, Yerevan's government said on Monday.
Pashinyan, who has said Armenia wants to join the European Union (EU) despite its alliance with Russia, told Putin that import bans introduced by Moscow on Armenian products breached the rules of the Eurasian Economic Union (EAEU), of which both countries are members.
"He asked to take measures to resolve these issues," Pashinyan's office said, adding that Armenia remained ready to address outstanding disputes through dialogue.
The Kremlin said Putin told Pashinyan that the Armenian leader's proposal to seek EU membership should be put to a referendum "as soon as possible".
Since April, Russia has imposed trade restrictions on a growing list of Armenian products, including mineral water, vegetables, flowers and fish.
Moscow's food safety regulator has cited hygiene and sanitary violations for the bans and denied the restrictions are politically motivated.
However, European Commission President Ursula von der Leyen has accused Russia of trying to apply economic pressure on Armenia to punish the country for its pivot towards the EU.
In June, she described Moscow's trade restrictions as "nothing short of economic coercion" and "unacceptable".
"By extending export restrictions on Armenian products, Moscow is weaponising economic relations for political pressure," she said.
The EU has pledged financial assistance to Yerevan worth more than €50 million (U.S.$56 million) and eased trade for some Armenian products to help the country deal with the economic impact of the restrictions.
Armenia's central bank has estimated that the import bans introduced by Russia affect roughly two per cent of GDP, with redirected oversupply potentially lowering domestic prices by about 0.6 per cent.
Moscow has warned that Armenia could be suspended from the EAEU if it continues pursuing EU membership.
Armenia remains heavily dependent on Russia for energy supplies, while Russia accounted for about 35 per cent of Armenia's foreign trade last year.
Read more from Armenia:
At least 11 people were killed in Israeli strikes on southern Lebanon on Saturday, among the deadliest since a June ceasefire. Meanwhile, Qatar denied holding Iranian pilots. It said it had found the remains of one pilot after an airspace violation and had contacted Iran to coordinate a handover.
Shipping through the Strait of Hormuz slowed to a near standstill over the weekend, with five commodity vessels transiting Saturday and none on Sunday. Iran's Foreign Minister Abbas Araghchi said Washington must meet Tehran's conditions for shipping to resume.
A wildfire in Croatia driven by strong winds descended on the tourist town of Omis overnight, engulfing houses, forcing about 1,000 people to evacuate to safety and injuring dozens, fire brigade and health officials said on Friday.
U.S. President Donald Trump's threats to make the Strait of Hormuz part of U.S. territory have been mocked by Iran's Deputy Foreign Minister, Kazem Gharibabadi, who said the sea passage "cannot be seized by tweet."
Residents of villages in eastern Indonesia hit by a deadly earthquake that killed at least 54 people were awaiting aid on Monday as rescuers prepared to comb through collapsed buildings in search of people trapped beneath the rubble.
Iran says it will use all diplomatic and legal channels to determine the fate of three Air Force pilots it believes are being held in Qatar after their fighter jets were downed during the March war.
Kazakhstan has launched a unified digital platform to track coal supplies in real time, giving officials a clearer view of production, shipments, stocks and prices ahead of the heating season.
U.S. President Donald Trump’s push to end the war in Gaza returned to the diplomatic arena on Sunday (16 August), as his envoys met Egyptian, Qatari and Turkish mediators in Cairo while Israeli strikes continued across the strip.
At least 11 people, including three children and two women, were killed in Israeli airstrikes in southern Lebanon on Saturday, according to Lebanese authorities, in one of the deadliest escalations since a U.S.-mediated framework was agreed between Lebanon and Israel.
As the countries of the Turkic world seek deeper economic integration, the Turkic Investment Fund (TIF) is positioning itself as a key financial vehicle for turning political cooperation into tangible development projects.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment