EDB Deputy Chairman: We have allocated a grant to Armenia to support  electronic vehicle passport project

ArmInfo.Armenia has received a grant to implement the Electronic Vehicle Passports (EPTS) project,  enabling the establishment of a national segment within the system.

During a Moscow-Minsk-Yerevan-Bishkek video conference on November 28  focusing on digital projects in EAEU countries, Tigran Sargsyan,  former Prime Minister of Armenia and Deputy Chairman of the  Management Board of the Eurasian Development Bank (EDB), made this  announcement..  He emphasized the importance of this project,  highlighting the successfully functioning of national systems in  Russia, Belarus and Kazakhstan, where vehicles are digitized and have  their own electronic passports. 

"This makes life much easier for the owners of these vehicles, since  all the information becomes available to the general market. For  instance, if an Armenian tractor is sold on the Russian market, then  all the necessary information can be accessed through the electronic  passport. This will enhance transparency and build trust among market  participants, and will also significantly simplify business  operations," Sargsyan explained. The Deputy Chairman of the EDB also  reported that the grant was allocated to establish an Armenian  national segment compatible with the existing systems in Russia,  Belarus and Kazakhstan by next year.