ArmInfo. The RA Ministry of Economy and the UN Industrial Development Organization (UNIDO) have signed the Country Programme for Inclusive and Sustainable Industrial Development for 2022-2026, RA Minister of Economy Vahan Kerobyan reported on his Facebook page.
The document provides for cooperation in the following fields: industrial competitiveness, access to markets through innovations and digitization, sustainable agribusiness, support to small and medium-sized businesses, energy efficiency, sustainable energy resources and sustainable environmental management. UNIDO is the specialized agency of the United Nations that promotes industrial development for poverty reduction, inclusive globalization and environmental sustainability.
According to the RA Statistical Committee, in Jan-Sept 2021, Armenia s industrial sector reported lower annual growth rates -0.7% against 1% last year, AMD 1,600bln ($3.1bln). A continuous downtrend in the processing industry and a lower growth rate in the mining industry account for this dynamics. Specifically, this Jan-Sept, the mining industry and open-cast mining showed a 0.1% year-on-year growth (against 16.7% the previous year) - up to AMD 441.5bln. The processing industry output showed a 0.6% year-over- year- decline against a 2.7% decline during the previous period - down to AMD 962.3bln. The greatest decline was recorded in the finished metals products output (44.7%), jewelry (3.7%), chemicals (25.1%), basic metals (21.1%) and cigarettes (13.3%).
