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The sharp rise in exports from Armenia to the EAEU, according to Manukyan, occured at the expense of goods, which Armenia itself is an importer. “According to data published by the Eurasian Economic Commission, export growth has occurred at the expense of products, which Armenia itself is an importing country for and the production of which is in not-so-good condition. In particular, in the first half of 2016, there was a twentyfold increase in tomato exports; cheese and cottage cheese exports, as well as caviar and ready-made fish, increased fourfold. During the same period, there has been an increase of 9.6 times in exports of vaccines, 5.8 times – various vegetables, 8.3 times – clay, and 3.6 times in export of heating systems, air conditioners parts, remote controls and other equipment,” the economist explained.
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