EU Commissioner: EU will continue to contribute to economic  development of Armenia

 Thursday, May 16 2024 21:18:00
EU Commissioner: EU will continue to contribute to economic  development of Armenia

ArmInfo. On May 16, Prime Minister of the Republic of Armenia Nikol Pashinyan received  EUCommission Executive Vice-Preside,Trade Commissioner Valdis  Dombrovskis.

Brazil is main importer of sugar to Armenia
 Thursday, August 17 2023 17:30

ArmInfo. At the end of 2022, Armenia increased sugar exports 6.7-fold- up to 1.310 thousand tons,  with an increase in customs value 8.5-fold- up to $1.2 million,  according to the data of the RA Customs Service.

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We are ready to carry out regular Yerevan-Kapan flights: Pashinyan
 Thursday, August 17 2023 17:28

ArmInfo."I think we are ready to operate regular Yerevan-Kapan flights," Armenian Prime Minister Nikol Pashinyan said on August 17 at the Syunik regional administration  before the start of the discussion of the 2022 report on the  activities of the regional governor's office. It should be noted that  Pashinyan flew from Yerevan to Kapan by plane, testing a new air  route.

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Head of PSRC: water supply system is worn out
 Thursday, August 17 2023 14:16

ArmInfo. Let's face it, our water supply system is worn out and needs a lot of investment.  Garegin Baghramyan, chairman of the Committee for the Regulation of  Public Services, stated to journalists on August 17 during a  briefing, answering a question regarding frequent interruptions in  water supply in the capital.

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RA Minister of Territorial Administration, Russian Railways Deputy  CEO discuss SCR development 
 Wednesday, August 16 2023 20:11

ArmInfo. Minister of Territorial Administration and Infrastructures of Armenia Gnel Sanosyan today received a delegation led by Deputy Chief Executive Officer of Russian Railways  OJSC, Chairman of the Board of Directors of South Caucasian Railways  JSC Vyacheslav Pavlovsky.

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Tigran Khachatryan hosts Andrea Wiktorin 
 Monday, August 14 2023 20:14

ArmInfo.RA Deputy Prime Minister Tigran Khachatryan received Head of the European Union Delegation to Armenia, Ambassador Andrea Wiktorin, who is completing her diplomatic  mission in the Republic of Armenia.

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Major construction in Armenia grew by 17% - Pashinyan
 Friday, August 11 2023 18:14

ArmInfo. Today, major construction is the most visible and driving force of our economy. Compared to  last year, we have a 17% growth. But the problem is that the demand for it, as well as the potential, is much higher, Prime Minister Nikol Pashinyan said on August 11, speaking at an event dedicated to  the Builder's Day.

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Head of PSRC: Armenia`s water management system requires large  investments
 Friday, August 11 2023 13:33

ArmInfo.The Public Services Regulatory Commission (PSRC) of Armenia applies mechanisms to control  the activities of the Veolia Jur company, the operator of the  country's water system. PSRC Chairman Garegin Baghramyan told  journalists on August 11, commenting on frequent water cuts in the  conditions of a heat of +42.

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EU-implemented programmes of key importance for Armenia`s sustainable  socio-economic development  
 Friday, August 11 2023 10:57

ArmInfo. The programmes developed and implemented as part of the Economic and Investment Plan  are of key importance for Armenia's sustainable socio-economic  development, Armenia's Vice-Premier Mher Grigoryan and Head of the EU  Delegation to Armenia Andrea Wiktorin stated at their meeting. 

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Yerevan, Tehran extend `gas for electricity` deal` until 2030
 Thursday, August 10 2023 17:57

ArmInfo. Armenia and Iran extended the 'gas-for- electricity' deal until 2030. The  corresponding document was signed at the Ministry of Territorial Administration and Infrastructures of Armenia (MTAI) by Majid Chegeni, Iran's deputy minister of oil for gas affairs and director  of the National Iranian Gas Company (NIGC), and CEO of Yerevan  Thermal Power Plant, Aram Ghazaryan.

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187% growth in Armenia`s exports to Russia - Luys Foundation 
 Friday, August 4 2023 12:45

ArmInfo.The sharp increase in Armenian exports in 2022 is mainly due to the influence of exogenous  factors and contains significant risks. This opinion was reached by  experts of the LUYS Foundation, who studied the structure of exports  of the Armenian economy for the reporting period, as well as the  possibilities of economic growth in Armenia in the absence of these  factors.

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Increase number of tourists to 15 million. Armenia sets new quality  standards in tourism 
 Thursday, August 3 2023 16:46

ArmInfo.Armenia plans to increase the y-o-y number of tourists visiting Armenia to 15 million people.  Prime Minister Nikol Pashinyan stated on August 3 during a discussion  of amendments to the law "On Tourism" and related laws, noting that  the goal is realistic if a tourist returning from Armenia recommends  others to visit Armenia.

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Pashinyan records non-compliance with ban on sale of plastic bags in  country
 Thursday, August 3 2023 13:54

ArmInfo.The Armenian Ministry of Environment has proposed a total ban on the sale of all types of  plastic bags and disposable tableware. This was stated by head of the  department Hakob Simidyan on August 3 at a government meeting.

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Today, use of water in Armenia is not controlled, it just flows -  Pashinyan
 Thursday, August 3 2023 13:53

ArmInfo.Prime Minister Nikol Pashinyan calls on the inhabitants of the republic to reconsider  their attitude to water, as he believes that "the water crisis is  already in Armenia."

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Armenia, China discuss possible direct air communication 
 Wednesday, August 2 2023 12:31

ArmInfo. Armenia's Minister of Territorial Administration Gnel Sanosyan, who is on a visit to China,  held a meeting with Li Xiaopeng.

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Ministry of Economy develops India to Armenia via Iran transport  corridor concept 
 Wednesday, August 2 2023 00:05

ArmInfo.Communications with India are still not established, logistics is not easy, although the  potential for trade between the countries is quite high. Minister of Economy of Armenia Vahan Kerobyan stated this to journalists at the end of a press conference on the Science and Business Days.

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SMEs` share in Armenia`s GDP reached 60%
 Tuesday, August 1 2023 18:15

ArmInfo.The share of SMEs in Armenia's GDP reached 60%.  This was stated by Minister of Economy of Armenia Vahan Kerobyan, answering a question from an ArmInfo  correspondent, on the sidelines of a press conference held within the  framework of the organization of the "Days of Science and Business"  in Armenia.

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Deputy Minister of Finance: Fitch`s rating upgrade indicates  country`s increasing investment attractiveness
 Tuesday, August 1 2023 17:32

ArmInfo. The upgrade of Armenia's long-term issuer default rating in foreign currency from  <B+> to <BB-> by Fitch Ratings indicates an increase in Armenia's  investment attractiveness. RA Deputy Finance Minister Eduard Hakobyan  expressed a similar opinion in an interview with the Public  Television of Armenia.

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Fitch upgrades Armenia to BB-; Outlook Stable
 Monday, July 31 2023 15:25

ArmInfo.Fitch Ratings has upgraded Armenia's Long-Term Foreign-Currency Issuer Default Rating  (IDR) to 'BB-' from 'B+'. The Outlook is Stable. This is stated in the message of the agency.

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Innovations, science not properly commercialized - minister 
 Wednesday, July 26 2023 13:27

ArmInfo.Innovations and science are not properly used by the Armenian business community.  This was stated by the Minister of Economy of Armenia Vahan Kerobyan  during panel discussions within the framework of the Sevan Startup  Summit.

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Kerobyan:  Export ratio to GDP in Q1 2023 exceeds target for 2026
 Tuesday, July 25 2023 17:44

ArmInfo. The United States Agency for International Development (USAID) has prepared an analysis  of alternative export markets for Armenian exporters. Head of the Armenian Economic Department Vahan Kerobyan attended the corresponding event, organized by USAID in cooperation with the  Ministry of Economy.

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News
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EU Commissioner: EU will continue to contribute to economic  development of ArmeniaEU Commissioner: EU will continue to contribute to economic  development of Armenia
PM discusses opportunities for diversifying Armenian economy with WB,  IFC management PM discusses opportunities for diversifying Armenian economy with WB,  IFC management 
EBRD President considers programs implemented by Bank useful for  development of private sector in ArmeniaEBRD President considers programs implemented by Bank useful for  development of private sector in Armenia
EBRD lends up to US$ 10 million to Armeconombank for MSME on-lendingEBRD lends up to US$ 10 million to Armeconombank for MSME on-lending
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EBRD provides $10 million loan to ArmSwissBan to support  competitiveness and green transition of MSMEsEBRD provides $10 million loan to ArmSwissBan to support  competitiveness and green transition of MSMEs
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EBRD improves Armenia`s GDP growth forecast for 2024 from previous  4.5% to updated 6.2%EBRD improves Armenia`s GDP growth forecast for 2024 from previous  4.5% to updated 6.2%
EBRD promises unprecedented investments in Armenian economyEBRD promises unprecedented investments in Armenian economy
FMO provided Ardshinbank with a guarantee for a credit portfolio of 20 million US dollarsFMO provided Ardshinbank with a guarantee for a credit portfolio of 20 million US dollars
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Finance Minister: Armenia`s GDP generation growth potential increased  from 4-4.5% to 5.5-6%Finance Minister: Armenia`s GDP generation growth potential increased  from 4-4.5% to 5.5-6%
EBRD funds customs and logistics centre in SyunikEBRD funds customs and logistics centre in Syunik
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EBRD and the European Union are joining forces with Acba bank to boost the availability of funding for Armenian MSMEsEBRD and the European Union are joining forces with Acba bank to boost the availability of funding for Armenian MSMEs
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Armenian Economy Minister travels to USA on week-long working visitArmenian Economy Minister travels to USA on week-long working visit
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Eurowings launches Berlin-Yerevan-Berlin flightsEurowings launches Berlin-Yerevan-Berlin flights
Russia bans sugar exports; 28 thousand tons allowed to be exported to  ArmeniaRussia bans sugar exports; 28 thousand tons allowed to be exported to  Armenia
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