Wednesday, August 30 2017 18:17

AVIC International Chinese corporation considers prospects of entering Armenian market

AVIC International Chinese corporation considers prospects of entering Armenian market

ArmInfo. Prime Minister of  Armenia Karen Karapetyan discussed issues of cooperation with the  leadership of AVIC International Chinese corporation. 

According to Armenian Government, during the meeting Prime Minister  Karapetyan stated that Armenian Government is ready to mutually  beneficial cooperation with corporation. 

In turn, general director of the corporation Gon Jiaan presented the  main directions of AVIC International activity to the Armenian Prime  Minister, assuring the corporation's interest in implementing  investment projects in Armenia.

The parties discussed prospects for cooperation in the aviation and  communications spheres, focusing on the implementation of specific  programs.

AVIC International Holding Corporation is one of the largest Chinese  trading companies, mainly specializing in the aviation industry. It  is a member of the State Aircraft Corporation of China (AVIC).   Established in 2008 with the merger of the China National Aerospace  Import and Export Corporation (CATIC) (founded in 1979) and two more  companies. In addition to the aviation industry, it deals with trade  operations, real estate, and investments in industry. It has  representative offices and subsidiaries around the world.

POST A COMMENT
Input digits     


News
During 2024, the Armenian government returned about $1 billion to  taxpayers - PashinyanDuring 2024, the Armenian government returned about $1 billion to  taxpayers - Pashinyan
SRC Head: 4,451 individuals reported their income to the Armenian tax  authority for 2024SRC Head: 4,451 individuals reported their income to the Armenian tax  authority for 2024
Armenia`s metallurgical industry closed 2024 in the blackArmenia`s metallurgical industry closed 2024 in the black
In 2024, Armenia`s economic activity growth rate slowed down from  9.4% to 8%In 2024, Armenia`s economic activity growth rate slowed down from  9.4% to 8%
Armenia joins ECAC initiative on cooperation and exchange of  experience in the field of accident investigation in civil aviationArmenia joins ECAC initiative on cooperation and exchange of  experience in the field of accident investigation in civil aviation
Armenian authorities strangling SMEs with new tax duties - protest in  YerevanArmenian authorities strangling SMEs with new tax duties - protest in  Yerevan
The gambling industry in Armenia will be subject to a 10% turnover  tax in addition to current taxes and dutiesThe gambling industry in Armenia will be subject to a 10% turnover  tax in addition to current taxes and duties
Global economy takes wait-and-see attitude - Amundi Global economy takes wait-and-see attitude - Amundi 
Vine and Wine Foundation of Armenia promoting Armenian wines in  Japanese market  Vine and Wine Foundation of Armenia promoting Armenian wines in  Japanese market 
Armenian authorities to extend tax breaks for private companies  issuing their bondsArmenian authorities to extend tax breaks for private companies  issuing their bonds
Armenia, India discuss simplified visa requirements Armenia, India discuss simplified visa requirements 
Interest rates remain stable due to high demand for consumer and  mortgage loansInterest rates remain stable due to high demand for consumer and  mortgage loans
Central Bank Governor: Business lending growth in 2024 will help us  achieve economic activity level projected for 2025Central Bank Governor: Business lending growth in 2024 will help us  achieve economic activity level projected for 2025
Martin Galstyan: Economic activity in Armenia is weakening and labor  market development prospects are too uncertainMartin Galstyan: Economic activity in Armenia is weakening and labor  market development prospects are too uncertain
In January 2025, Armenia`s state treasury revenues increased by 40.3%  compared to January 2024 In January 2025, Armenia`s state treasury revenues increased by 40.3%  compared to January 2024 
Italian Trade and Investment Agency to establish presence in ArmeniaItalian Trade and Investment Agency to establish presence in Armenia
Armenia`s GDP growth in 2024 will be significantly lower than in 2023  - Luys FoundationArmenia`s GDP growth in 2024 will be significantly lower than in 2023  - Luys Foundation
Armenia`s Union of Employers urges ZCMC employees to engage in  constructive negotiationsArmenia`s Union of Employers urges ZCMC employees to engage in  constructive negotiations
In 2024, Armenia increased its public debt by almost $1 billionIn 2024, Armenia increased its public debt by almost $1 billion
Armenian CB reduces refinancing rate to 6.75%Armenian CB reduces refinancing rate to 6.75%
Lawyers start protest against Bar taxation Lawyers start protest against Bar taxation 
Amundi expects 2-digit growth in almost all markets Amundi expects 2-digit growth in almost all markets 
Armenia, Czech Republic discuss cooperation in the field of solid  waste processingArmenia, Czech Republic discuss cooperation in the field of solid  waste processing
ArmInfo released its 30th bulletin ArmInfo released its 30th bulletin "Armenian banks in the card  business"
New IDBank Branch in ArmavirNew IDBank Branch in Armavir
"Amundi Investment Outlook 2025": Bright spots in a world of  irregularities
Pay with IDBank Mastercard and get 5% idcoinPay with IDBank Mastercard and get 5% idcoin
RA Finance Minister discusses Armenia`s tax policy with Joseph  Stiglitz RA Finance Minister discusses Armenia`s tax policy with Joseph  Stiglitz 
EIB Global granting a EUR 105 million loan to Ameriabank to support   Armenian private sectorEIB Global granting a EUR 105 million loan to Ameriabank to support   Armenian private sector
In 2024, In 2024, "gray deals" involving gold and diamonds with Hong Kong, the  UAE and several offshore zones began to shine through in private  transfers
900,000 people to file reports on 2024 incomes 900,000 people to file reports on 2024 incomes 
Problems involving EU limits on import limits on carbon-intensive  productsProblems involving EU limits on import limits on carbon-intensive  products
State Control Service to control expenditure of public funds State Control Service to control expenditure of public funds 
ZCMC to hold instigators responsible - statement ZCMC to hold instigators responsible - statement 
Armenal plant gets new director Armenal plant gets new director 
Armenia`s gross international reserves $3.7bln by 2024 end Armenia`s gross international reserves $3.7bln by 2024 end 
ZCMC CJSC management rejects demand for unrealistic salary increaseZCMC CJSC management rejects demand for unrealistic salary increase
Severing Yerevan-Moscow economic ties could destabilize Armenia -  report Severing Yerevan-Moscow economic ties could destabilize Armenia -  report 
Armenia`s minister of economy highlights Modus Granum company`s role  in Armenia`s agricultural sector Armenia`s minister of economy highlights Modus Granum company`s role  in Armenia`s agricultural sector 
Armenia hopes for new victories World Tasting Contest - ministerArmenia hopes for new victories World Tasting Contest - minister
Armenia, Iran discussing administrative assistance mechanisms in  customs, taxation Armenia, Iran discussing administrative assistance mechanisms in  customs, taxation 
Equally active USD, RUB transactions in Armenia`s interbank foreign  exchange market Jan. 27-31, 2025 Equally active USD, RUB transactions in Armenia`s interbank foreign  exchange market Jan. 27-31, 2025 
In Armenia, public sector salaries increasing at a faster rate than  those in the private sectorIn Armenia, public sector salaries increasing at a faster rate than  those in the private sector
In Armenia, the industrial price index rose from 101.5% to 103.6% in  January-December 2024In Armenia, the industrial price index rose from 101.5% to 103.6% in  January-December 2024
Mher Grigoryan: Despite all challenges, we are committed to building  an effective unionMher Grigoryan: Despite all challenges, we are committed to building  an effective union
Zakharova: Armenia`s EAEU membership provides economic benefits that  would be forfeited with European integrationZakharova: Armenia`s EAEU membership provides economic benefits that  would be forfeited with European integration
In Armenia, economic  growth slowed from 14.2% to 8% down in the past  two years In Armenia, economic  growth slowed from 14.2% to 8% down in the past  two years 
We have a good life in the EAEU, but a significant portion of the   population  is seeking an alternative: RA Prime MinisterWe have a good life in the EAEU, but a significant portion of the   population  is seeking an alternative: RA Prime Minister
Armenian Deputy Economy Minister, AFD delegation discuss  macroeconomic and financial situation in ArmeniaArmenian Deputy Economy Minister, AFD delegation discuss  macroeconomic and financial situation in Armenia
Armenian government supporting local processors to access EU and UK  marketsArmenian government supporting local processors to access EU and UK  markets
Armenia`s premier elaborates on taxation Armenia`s premier elaborates on taxation 
Tax control of energy, water companies to be tightened in Armenia Tax control of energy, water companies to be tightened in Armenia 
Armenia, Germany map out steps to deepen technological cooperation Armenia, Germany map out steps to deepen technological cooperation 
Molybdenum export strategy developed in ArmeniaMolybdenum export strategy developed in Armenia
The liquidated Ardshinbank OJSC is not related to Ardshinbank CJSC and is not the legal successor of the latterThe liquidated Ardshinbank OJSC is not related to Ardshinbank CJSC and is not the legal successor of the latter
Armenia`s Central Bank completed Ardshinbank OJSC bankruptcy process after 23 yearsArmenia`s Central Bank completed Ardshinbank OJSC bankruptcy process after 23 years
ZCMC to pay dividends to shareholders based on its performance in  2023ZCMC to pay dividends to shareholders based on its performance in  2023
Armenia`s Tourism Committee plans to introduce Institute of State  Guarantees to protect tourists` interestsArmenia`s Tourism Committee plans to introduce Institute of State  Guarantees to protect tourists` interests
Overchuk: Armenia`s EU accession will result in the country being  excluded from the EAEU marketOverchuk: Armenia`s EU accession will result in the country being  excluded from the EAEU market
Nikol Pashinyan not to attend the Eurasian Intergovernmental Council  meeting in KazakhstanNikol Pashinyan not to attend the Eurasian Intergovernmental Council  meeting in Kazakhstan
Read more
Exchange rates
05.02.2025
RUB4.040.04
USD396.58-0.13
EUR413.363.40
GBP497.274.40
CAD277.742.59
JPY25.980.42
CNY54.53-0.23
CHF440.163.59


Experts
Are all funds protected in Russian banks?Are all funds protected in Russian banks?
Expert: SMR technologies are still futuristicExpert: SMR technologies are still futuristic
Armenian Banks: About HSBC, Ardshinbank and Conducting Business in the New Environment of Sanction RestrictionsArmenian Banks: About HSBC, Ardshinbank and Conducting Business in the New Environment of Sanction Restrictions
Read more

Commented
Armenia`s Central Bank completed Ardshinbank OJSC bankruptcy process after 23 yearsArmenia`s Central Bank completed Ardshinbank OJSC bankruptcy process after 23 years
Armenian Airlines launches its first direct flight connecting the  capitals of Armenia and IndiaArmenian Airlines launches its first direct flight connecting the  capitals of Armenia and India
Who in Armenia is eligible for social expense compensation under the  universal declaration?Who in Armenia is eligible for social expense compensation under the  universal declaration?
The sale of HSBC Bank Armenia to Ardshinbank to be completed on  November 29, 2024The sale of HSBC Bank Armenia to Ardshinbank to be completed on  November 29, 2024
Armenian government approves 2024-2040 demographic strategy Armenian government approves 2024-2040 demographic strategy 

Company bonds
UCO CJSC "GLOBAL CREDIT"1
UCO CJSC "GLOBAL CREDIT"3
UCO CJSC "GLOBAL CREDIT"4
UCO CJSC "GLOBAL CREDIT"5
UCO CJSC "GLOBAL CREDIT"7
"National Mortgage Company"2A
"National Mortgage Company"2B
UCO CJSC “FINCA” 1
UCO CJSC “FINCA” 2