Armenia introduces new rules for labeling carbonated, non-carbonated  waters

 Thursday, April 18 2024 17:20:00
Armenia introduces new rules for labeling carbonated, non-carbonated  waters

ArmInfo. Since April 15, 2024, carbonated and non-carbonated waters in Armenia will undergo digital  labeling according to EAEU standards. The resolution was adopted on April 18 at a meeting of the RA government.

Arsen Bazikyan: Armenia`s agriculture is transforming into  agribusiness
 Thursday, April 18 2024 15:57

ArmInfo.. There is no need to rush to conclusions that agriculture is experiencing a crisis; the sector is now being transformed into agribusiness, so time is needed. Arsen Bazikyan, President at Lessor's Association of Armenia, expressed a similar opinion in a conversation with an ArmInfo correspondent.

>>>
Armenia to join e-CMR protocol
 Thursday, April 18 2024 15:49

ArmInfo. Armenia intends to join the e-CMR protocol, which reduces cargo clearance costs, eliminates  administrative delays and delays in invoicing, and also reduces the number of discrepancies at destinations and improves transparency and security at all stages of logistics chains.

>>>
Armenia`s government changes Kaps reservoir project funding 
 Thursday, April 18 2024 15:47

ArmInfo. On April 18, the Cabinet of Ministers of Armenia approved the proposal to sign an agreement  attached to the agreement between the Republic of Armenia and KfW "Financial cooperation of Germany with the Republic of Armenia: "Combined water resources management/Akhuryan River I (Phase 2 of the project)>.

>>>
Armenian FM, minister of economy of Saudi Arabia discuss development  of economic ties 
 Thursday, April 18 2024 11:10

ArmInfo.At their meeting, Armenian FM Ararat Mirzoyan and Minister of Economy and Planning of  Saudi Arabia Faisal bin Fadhil Alibrahim discuss issues of development of bilateral economic ties. 

>>>
IMF upgrades Armenia`s GDP growth forecast for 2024 from 5% to 6%,  expecting inflation at 3.1% and unemployment at 13%
 Wednesday, April 17 2024 22:08

ArmInfo.The International Monetary Fund (IMF) has improved its forecast for Armenia's GDP for  2024 from the previous 5% to an updated 6% (versus actual 8.7% growth in 2023), with a slowdown to 5.2% in 2025. This is noted in the IMF World Economic Outlook, April 2024; Steady but Slow: Resilience amid  Divergenc."

>>>
Armenia`s Deputy PM, Veolia Vice President discuss problems with  water supply to consumers 
 Wednesday, April 17 2024 20:18

ArmInfo.On April 17, Deputy Prime Minister of the Republic of Armenia Tigran Khachatryan received  Philippe Guitard, the Senior Executive Vice President of Central & Eastern Europe at Veolia Environnement. The meeting was also attended by Deputy Minister of Territorial Administration and Infrastructure Vache Terteryan and  General Director of Veolia Djur Marianna Shahinyan.

>>>
EEC Board decided to liberalize certain categories of precious  metals` import/export
 Wednesday, April 17 2024 18:09

ArmInfo.The Board of the Eurasian Economic Commission has made changes to the regulation of  issues of import/export of precious metals and commodities containing precious metals.

>>>
Earthquakes, drought could affect Armenia`s debt sustainability -  EFSD
 Wednesday, April 17 2024 17:20

ArmInfo.The Eurasian Fund for Stabilization and Development (EFSD) prepared a new working paper,  "Assessing the Potential Impact of Natural Disasters on Debt Sustainability in Armenia, Kyrgyzstan and Tajikistan."

>>>
USAID releases fact sheet following Joint EU-US-Armenia High Level  Meeting in Support of Armenia 
 Wednesday, April 17 2024 15:08

ArmInfo.The following fact sheet was released in partnership with the U.S. Department of State,  the United States Agency for International Development, and the United States International Development Finance Corporation during the Joint EU-US-Armenia High Level Meeting in Support of Armenia.

>>>
Expert: Armenia has the potential to get high-quality and abundant  harvest of apricots this year
 Tuesday, April 16 2024 22:19

ArmInfo. There are encouraging preconditions for Armenia to receive a high-quality and abundant  harvest of apricots this year. Former Minister of Agriculture of Armenia Ashot Harutyunyan expressed a similar opinion during a press conference on April 16.

>>>
EFSD presents assessment of potential impact of natural disasters on  debt sustainability of Armenia, Kyrgyzstan and Tajikistan
 Tuesday, April 16 2024 11:51

ArmInfo.The Eurasian Fund for Stabilization and Development (EFSD) has prepared a new working paper  "Assessing the potential impact of natural disasters on debt sustainability of Armenia, Kyrgyzstan and Tajikistan." Due to their geographical location, relatively small territory and highly concentrated economy, natural disaster risks can have a significant impact on the macroeconomic indicators of these countries.

>>>
Astana proposes joint investment programmes in Yerevan 
 Monday, April 15 2024 13:12

ArmInfo. "Kazakhstan is interested in further developing a comprehensive partnership with Armenia, and  therefore today's visit is of particular importance to me," President Kassym-Jomart Tokayev stated on April 15 in Yerevan following negotiations with Armenian Prime Minister Nikol Pashinyan.

>>>
Armenia, Kazakhstan have unrealized economic potential - premier 
 Monday, April 15 2024 12:25

ArmInfo.Armenian Prime Minister Nikol Pashinyan is convinced that despite the growth in bilateral  trade turnover, there is still unrealized potential between Armenia and Kazakhstan in terms of developing trade and economic cooperation, stimulating investment and developing infrastructure ties and trade. 

>>>
Armenia, EU discuss expansion of economic cooperation 
 Monday, April 15 2024 11:50

ArmInfo. Armenia and the EU discussed the possibilities of expanding trade and economic cooperation. This was reported by the press service of the Ministry of Economy, referring to the results of the meeting between Minister Gevorg Papoyan and the Head of the EU Delegation to Armenia Vassilis  Maragos.

>>>
Transavia airline starts operating route Lyon-Yerevan-Lyon
 Saturday, April 13 2024 22:02

ArmInfo. From 13 April 2024 Transavia will start operating flights on the route Lyon - Yerevan-  Lyon. Flights will be operated once a week: every Saturday (starting July 3 every Wednesday as well).

>>>
EAEU and its economic principles should not be mixed with political  ambitions - Nikol Pashinyan
 Saturday, April 13 2024 21:58

ArmInfo.Below is an interview with Armenia's Premier Nikol Pashinyan with "Egemen Qazaqstan" and  "Kazakhstanskaya Pravda" newspapers. 

>>>
Armenia, Australia to strengthen cooperation in high-tech field 
 Saturday, April 13 2024 12:23

ArmInfo. Armenia's Deputy Minister of High-Tech Industry Gevorg Mantashyan hoisted Australian  Ambassador to Armenia John Geering. 

>>>
Armenian, Kazakh passenger and cargo carriers to be exempted from  road and environmental taxes on reciprocal basis 
 Friday, April 12 2024 16:12

ArmInfo. On April 12, at a government meeting, the Government of Armenia approved the proposal  to sign a protocol "On introducing amendments and additions to the "Agreement between the Government of the Republic of Armenia and the Government of the Republic of Kazakhstan on international road transport dated November 6, 2006."

>>>
Economy Ministry jointly with Armenal, develop schemes to diversify  sales markets for enterprise`s products
 Friday, April 12 2024 16:06

ArmInfo.The Ministry of Economy, together with the Armenal foil rolling plant, is developing new schemes to diversify the sales markets for the enterprise's products and sell them in alternative markets.

>>>
WB improves Armenia`s   economic growth forecast for 2024 from 4.7%  to 5.5% 
 Friday, April 12 2024 14:26

ArmInfo.The World Bank has improved its forecast for Armenia's GDP growth for 2024 from the  previous 4.7% to an updated 5.5% (against the actual slowdown in growth in 2023 to 8.7% from 12.6% in 2022). For 2025, the economic growth forecast has also been improved, but less noticeably - from the previous 4.5% to an updated 4.9%. Over the medium term, GDP growth will gradually approach the potential 4.5%, and average  inflation will rise to the targeted 4%.

>>>

News
Expert: When there is no trust between private and public sectors,  unfortunately, there is no need to talk about right decisionsExpert: When there is no trust between private and public sectors,  unfortunately, there is no need to talk about right decisions
Armenia introduces new rules for labeling carbonated, non-carbonated  watersArmenia introduces new rules for labeling carbonated, non-carbonated  waters
Arsen Bazikyan: Armenia`s agriculture is transforming into  agribusinessArsen Bazikyan: Armenia`s agriculture is transforming into  agribusiness
Armenia to join e-CMR protocolArmenia to join e-CMR protocol
Armenia`s government changes Kaps reservoir project funding Armenia`s government changes Kaps reservoir project funding 
Armenian FM, minister of economy of Saudi Arabia discuss development  of economic ties Armenian FM, minister of economy of Saudi Arabia discuss development  of economic ties 
IMF upgrades Armenia`s GDP growth forecast for 2024 from 5% to 6%,  expecting inflation at 3.1% and unemployment at 13%IMF upgrades Armenia`s GDP growth forecast for 2024 from 5% to 6%,  expecting inflation at 3.1% and unemployment at 13%
Armenia`s Deputy PM, Veolia Vice President discuss problems with  water supply to consumers Armenia`s Deputy PM, Veolia Vice President discuss problems with  water supply to consumers 
EEC Board decided to liberalize certain categories of precious  metals` import/exportEEC Board decided to liberalize certain categories of precious  metals` import/export
Earthquakes, drought could affect Armenia`s debt sustainability -  EFSDEarthquakes, drought could affect Armenia`s debt sustainability -  EFSD
Converse Bank starts initial placement of next AMD, USD bonds in  amount of AMD 5 billion, $10 millionConverse Bank starts initial placement of next AMD, USD bonds in  amount of AMD 5 billion, $10 million
USAID releases fact sheet following Joint EU-US-Armenia High Level  Meeting in Support of Armenia USAID releases fact sheet following Joint EU-US-Armenia High Level  Meeting in Support of Armenia 
Expert: Armenia has the potential to get high-quality and abundant  harvest of apricots this yearExpert: Armenia has the potential to get high-quality and abundant  harvest of apricots this year
EFSD presents assessment of potential impact of natural disasters on  debt sustainability of Armenia, Kyrgyzstan and TajikistanEFSD presents assessment of potential impact of natural disasters on  debt sustainability of Armenia, Kyrgyzstan and Tajikistan
Armenia is considering appointing attache in Silicon ValleyArmenia is considering appointing attache in Silicon Valley
Astana proposes joint investment programmes in Yerevan Astana proposes joint investment programmes in Yerevan 
Armenia, Kazakhstan have unrealized economic potential - premier Armenia, Kazakhstan have unrealized economic potential - premier 
Armenia, EU discuss expansion of economic cooperation Armenia, EU discuss expansion of economic cooperation 
Transavia airline starts operating route Lyon-Yerevan-LyonTransavia airline starts operating route Lyon-Yerevan-Lyon
EAEU and its economic principles should not be mixed with political  ambitions - Nikol PashinyanEAEU and its economic principles should not be mixed with political  ambitions - Nikol Pashinyan
Armenia, Australia to strengthen cooperation in high-tech field Armenia, Australia to strengthen cooperation in high-tech field 
Leasing EXPO -2024 officially opened in YerevanLeasing EXPO -2024 officially opened in Yerevan
Araratbank to double leasing portfolio by end of 2024Araratbank to double leasing portfolio by end of 2024
Armenian, Kazakh passenger and cargo carriers to be exempted from  road and environmental taxes on reciprocal basis Armenian, Kazakh passenger and cargo carriers to be exempted from  road and environmental taxes on reciprocal basis 
Economy Ministry jointly with Armenal, develop schemes to diversify  sales markets for enterprise`s productsEconomy Ministry jointly with Armenal, develop schemes to diversify  sales markets for enterprise`s products
Info about IT specialists leaving Armenia en masse has nothing to do  with reality - premierInfo about IT specialists leaving Armenia en masse has nothing to do  with reality - premier
WB improves Armenia`s   economic growth forecast for 2024 from 4.7%  to 5.5% WB improves Armenia`s   economic growth forecast for 2024 from 4.7%  to 5.5% 
Government is ready to share risks with agricultural insurersGovernment is ready to share risks with agricultural insurers
EIB to issue loan under energy efficiency programme to Armenia EIB to issue loan under energy efficiency programme to Armenia 
Deadline for filing personal income declarations in Armenia may be  extendedDeadline for filing personal income declarations in Armenia may be  extended
ADB intends to expand its areas of activity in ArmeniaADB intends to expand its areas of activity in Armenia
ADB forecasts 5.7% economic growth for Armenia in 2024ADB forecasts 5.7% economic growth for Armenia in 2024
Conversebank to present its Converse Leasing product at annual  Leasing ExpoConversebank to present its Converse Leasing product at annual  Leasing Expo
By rebranding, INGO Armenia IC begins new stage of developmentBy rebranding, INGO Armenia IC begins new stage of development
Some countries refusal to service Russian Mir bank cards against  common interests - Elvira NabiullinaSome countries refusal to service Russian Mir bank cards against  common interests - Elvira Nabiullina
USAID to invest additional $33mln in Armenia`s economy USAID to invest additional $33mln in Armenia`s economy 
Idplus Bonuses in Idram&IDBank ApplicationIdplus Bonuses in Idram&IDBank Application
Deputy PM: we are ready for any assistance to contribute cargo  aviation establishmentDeputy PM: we are ready for any assistance to contribute cargo  aviation establishment
Mkhitar Hayrapetyan on TV broadcasting agreement with RF: If our  proposals are not taken into account, we do not rule out possibility  of terminating agreement unilaterallyMkhitar Hayrapetyan on TV broadcasting agreement with RF: If our  proposals are not taken into account, we do not rule out possibility  of terminating agreement unilaterally
Armenia, Iran discuss organization of joint production in various  branches of economy Armenia, Iran discuss organization of joint production in various  branches of economy 
ADB ready to fund northern section of Sisian-Kajaran highway of  North-South transport corridor  ADB ready to fund northern section of Sisian-Kajaran highway of  North-South transport corridor  
Armenia`s Ministry of High-Tech Industry developing sectoral strategy Armenia`s Ministry of High-Tech Industry developing sectoral strategy 
Armenia`s footwear exports to Russia 11 times up Armenia`s footwear exports to Russia 11 times up 
EDB sets course for digital future of transportation at joint EEC and  ESCAP eventEDB sets course for digital future of transportation at joint EEC and  ESCAP event
Team`s Next Generation Networ is already available in AshtarakTeam`s Next Generation Networ is already available in Ashtarak
Kazakhstan`s potential exports to Armenia total $350mln - minister Kazakhstan`s potential exports to Armenia total $350mln - minister 
Armenia`s economy to face crisis if Moscow severs economic ties with  Yerevan - ex-premier Armenia`s economy to face crisis if Moscow severs economic ties with  Yerevan - ex-premier 
Acquisition of Ameriabank by BOGG PLC int`l financial group completedAcquisition of Ameriabank by BOGG PLC int`l financial group completed
Armenian service sector generated revenue of $1.2 billion in first  two monthsArmenian service sector generated revenue of $1.2 billion in first  two months
EEC: EAEU common electricity market is at high level of readinessEEC: EAEU common electricity market is at high level of readiness
Armenia`s metallurgical industry increased production volumes by 37%  in first 2 monthsArmenia`s metallurgical industry increased production volumes by 37%  in first 2 months
Idram and IDBank participated in the signing ceremony of the Declaration of Women`s Empowerment PrinciplesIdram and IDBank participated in the signing ceremony of the Declaration of Women`s Empowerment Principles
US supports building of strong transport corridor from Turkiye  to  Central AsiaUS supports building of strong transport corridor from Turkiye  to  Central Asia
EFSD contributes to modernization of Armenia`s irrigation systemEFSD contributes to modernization of Armenia`s irrigation system
ADB to issue EUR 60.09mln loan to Armenia for urban development  programmes ADB to issue EUR 60.09mln loan to Armenia for urban development  programmes 
EIB to issue EUR 25mln loan to Armenia for 2nd phase of energy  efficiency programme in Yerevan EIB to issue EUR 25mln loan to Armenia for 2nd phase of energy  efficiency programme in Yerevan 
Armenia`s clothing exports to Russia 1.5 times up Armenia`s clothing exports to Russia 1.5 times up 
Armenia needs alternative if leaves EAEU - expert Armenia needs alternative if leaves EAEU - expert 
Diagnosis from Prime Minister: Armenia`s irrigation system is deadDiagnosis from Prime Minister: Armenia`s irrigation system is dead
CECC business mission to visit Armenia  CECC business mission to visit Armenia  
Read more


Exchange rates
18.04.2024
RUB4.190.00
USD394.07-1.03
EUR420.750.36
GBP491.72-0.42
CAD286.470.33
JPY25.52-0.03
CNY54.44-0.14
CHF433.660.15


Experts
Expert: When there is no trust between private and public sectors,  unfortunately, there is no need to talk about right decisionsExpert: When there is no trust between private and public sectors,  unfortunately, there is no need to talk about right decisions
Expert on Armenia`s international trade growth against Expert on Armenia`s international trade growth against "miserable  trade pattern"  
Expert: Armenia should use Georgian, Turkish transit opportunitiesExpert: Armenia should use Georgian, Turkish transit opportunities
Read more

Commented
Gevorg Mantashyan: High-Tech Ministry makes consistent efforts for  emergence and progress of startups in ArmeniaGevorg Mantashyan: High-Tech Ministry makes consistent efforts for  emergence and progress of startups in Armenia
Bank of Georgia announces proposed acquisition of Ameriabank for  $303.6 millionBank of Georgia announces proposed acquisition of Ameriabank for  $303.6 million
Former MP on economic situation in Armenia: Former MP on economic situation in Armenia: "What is brought by water  will go with water"
Bank of Georgia Group PLC announces possible transaction to acquire  Ameriabank CJSCBank of Georgia Group PLC announces possible transaction to acquire  Ameriabank CJSC

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