Armenian government exempted Armenia Wine from customs duties on import of equipment and raw materials Thursday, July 9 2020 19:29:03
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 ArmInfo. The Armenian government exempted Armenia Wine from customs duties on the import of technological equipment, their components raw materials and (or) materials. According to the statement substantiating the draft government decision, the exemption from customs duties is 106 million drams. |
Thursday, July 9 2020 19:25
ArmInfo. In the first half of 2020 tax revenues in Armenia decreased by 2.3% or 17.6 billion drams, amounting to a total of 745.6 billion drams. According to the press service of the State Revenue Committee of Armenia (SRC), of this amount, the revenues actually collected by the tax authority amounted to 622.2 billion drams (annual growth by 3.2%), and by customs authorities -123.4 billion drams (annual decline by 23.1%) . >>> |
Thursday, July 9 2020 14:00
ArmInfo. Two large international companies have submitted applications for participation in prequalification tender for the selection of a contractor for the construction project of the Aig-1 solar power plant. This was announced on July 9 at a government meeting by Prime Minister Nikol Pashinyan. >>> |
Thursday, July 9 2020 11:53
ArmInfo. After receiving the Operator Certificate issued by the Civil Aviation Committee of the Republic of Armenia, Fly Armenia Airways is pleased to announce the entry into the Armenian market with new profitable offers for the Armenian public and business community. >>> |
Wednesday, July 8 2020 17:03
ArmInfo. The volume of total foreign investments in the real sector of the economy of Armenia decreased in the I quarter of 2020 by 38.6% y-o-y, amounting to $ 418 million, while a year earlier an increase of 12.7% was recorded. In their structure, the volume of FDI demonstrated stagnant growth of 1.4%, amounting to $ 143 million, against a decline of 20.5% a year earlier. As a result, the share of FDI in total foreign investments in the first quarter of 2020 increased to 34.2%, exceeding not only the year-ago period (20.7% in the first quarter of 2019), but also the two-year one (29.4% in the first quarter) 2018). >>> |
Wednesday, July 8 2020 14:31
ArmInfo. In order to promote sustainable, innovative and market- oriented agribusiness in Armenia, the EU Green Agriculture Initiative in Armenia (EU-GAIA) has announced an open call for applications to support green and organic projects. According to the EU press service, the EU-GAIA project is funded by the European Union and co-financed and implemented by the Austrian Development Agency (ADA) in cooperation with the United Nations Development Programme in Armenia. The project's Government counterpart in Armenia is the Ministry of Economy. >>> |
Wednesday, July 8 2020 13:39
ArmInfo. In Armenia, the investor will not receive permits for the development of deposits in the absence of research on the reserves of the mine. The country's parliament at an extraordinary meeting on July 8 in the first reading discusses amendments to the law "On bowels "and in a package of related laws. >>> |
Tuesday, July 7 2020 18:29
ArmInfo. In the context of COVID-2019, the volume of cargo transportation continues to grow in Armenia amid the decline in passenger traffic. Thus, according to the Statistical Committee of the Republic of Armenia, cargo transportation in Armenia in January-May 2020 versus the same period last year increased by 5.3% - up to 5 117.1 thousand tons, of which 2973.7 thousand tons (58.3% of the total) accounted for by road transport, with a y-o-y miserable increase of 0.3%. >>> |
Tuesday, July 7 2020 16:33
ArmInfo. The state debt of Armenia in January-May 2020 increased by 1.5% (against growth by 0.03% a year earlier), amounting to $ 7.433 billion (3.597 trillion drams). According to the RA Statistical Committee, in January-May 2020, external debt decreased by 1.2% to $ 5.717 billion (2.767 trillion drams), and domestic debt grew by 11.6% to $ 1.716 billion (830.5 billion drams), repeating last year's multidirectional dynamics (in January-May 2019, the decline in external debt by 1.3% was accompanied by an increase in domestic debt by 5.3%). >>> |
Tuesday, July 7 2020 14:21
ArmInfo.The y-o-y production of aluminum foil increased by 10.9% (against the decline by 3.6% a year earlier) , in Armenia in January-May 2020, amounting to a total of 14 518 tons. This is evidenced by the data of the Statistical Committee of RA. >>> |
Tuesday, July 7 2020 14:16
ArmInfo. The volume of industrial production in Armenia in January-May 2020, against the same period a year ago, slowed down the y-o-y growth rate - from 5.6% to 2.4%, which was due to the subsidence of manufacturing production volumes. So, according to the Statistical Committee of the Republic of Armenia, during the reporting period, the industrial production volume of Armenia amounted to 735.6 billion drams ($ 1.5 billion). In May alone, the Armenian industrial sector grew by 11.9% (after the April decline of 9.2%) to 150.4 billion drams ($ 310.6 million), with an y- o-y decline of 3.9%. >>> |
Tuesday, July 7 2020 12:49
ArmInfo. In Armenia, economic activity in January-May 2020 decreased by 3.9% per annum amid a deepening decline in exports and imports. In May this year by May 2019, economic activity decreased by 12.8%, while only in May 2020 it showed an increase of 13.3% (after the April decline of 13.5%). A year earlier, during the same periods, economic activity showed growth: in January-May 2019, by the same period of 2018, by 7.3%, the same in May 2019 compared to May 2018, and only in May - by 8.4%. >>> |
Monday, July 6 2020 17:53
ArmInfo.The practice of drying fruit in Armenia originated centuries ago. Back in the 5th century BC Greek historian Herodotus mentioned the sun-kissed dried fruit that was transported by Armenian merchants along with wine and other products. >>> |
Monday, July 6 2020 14:56
ArmInfo. As part of the 22nd package of anti-crisis measures developed by the Armenian government to mitigate the socio-economic consequences of the coronavirus pandemic, citizens who lost their jobs for the period from March 1 to June 30 this year will receive lump sum benefits. According to the press service of the government, the amount of the benefit is 68 thousand drams. >>> |
Monday, July 6 2020 12:11
ArmInfo. The Armenian brandy segment remains attractive to large alcohol distributors. Thus, Luding Group of Companies has created an Aivazovsky brand jointly with the Armenian plant MAP CJSC for its promotion in Russia. In two years, the partners intend to invest $ 10 million and bring the product to the top three in the segment. Experts doubt success: many consumers of such drinks switch to whiskey, and it will be difficult to promote a new brand in conditions of advertising restrictions. >>> |
Friday, July 3 2020 15:39
ArmInfo. From June 30 to July 2 an online pitching of business projects of self-employed Syrian Armenians, repatriates - residents of the SPARK program of the IRIS Business Incubator Fund was held. >>> |
Friday, July 3 2020 11:14
ArmInfo. A temporary ban on the export from the countries of the Eurasian Economic Union (EAEU) of certain types of food products has been canceled, TASS reports. >>> |
Friday, July 3 2020 11:11
ArmInfo. Minister of Territorial Administration and Infrastructures of Armenia Suren Papikyan during the meeting with newly appointed Ambassador of the Islamic Republic of Iran to the Republic of Armenia Abbas Badakhshan Zohouri expressed his conviction that the diplomat will contribute to the expansion and deepening of the Armenian-Iranian long-term relations. ArmInfo was informed about this in the press service of the RA Ministry of Territorial Development. >>> |
Thursday, July 2 2020 16:56
ArmInfo.Natural gas supplies to Armenia from Russia have been temporarily suspended. This was reported by Gazprom Armenia CJSC. >>> |
Thursday, July 2 2020 16:00
ArmInfo. A new sales control system at gas stations will be introduced in Armenia. This was announced on July 2 during a government meeting by the head of the bureau for coordinating the activities of inspection bodies Arthur Asoyan. >>> |
Thursday, July 2 2020 15:57
ArmInfo.The situation with the collection of taxes to the state budget of Armenia causes some concern. On July 2, after a government meeting, Chairman of the State Revenue Committee of the Republic of Armenia, Eduard Hovhannisyan, told reporters. >>> |
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