EBRD and the European Union are joining forces with Acba bank to boost the availability of funding for Armenian MSMEs

 Tuesday, May 14 2024 13:15:00
EBRD and the European Union are joining forces with Acba bank to boost the availability of funding for Armenian MSMEs

ArmInfo. The European Bank for Reconstruction and Development (EBRD) and the European Union are joining forces with Acba bank to boost the availability of funding for Armenian micro, small and medium-sized enterprises (MSMEs).

Armenia`s finance minister, head of EU delegation to Armenia discuss  cooperation
 Friday, October 13 2023 18:40

ArmInfo. At his meeting with Armenia's Minister of Finance Vahe Hovhannisyan, Vassilis Maragos,  Ambassador, Head of the EU Delegation to Armenia, reiterated the EU's readiness to assist the Armenian government's plans to support people forcibly displaced from Nagorno- Karabakh. 

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DigiTec2023 officially opened in Armenia`s capital 
 Friday, October 13 2023 15:46

ArmInfo. The 18th traditional technology exhibition DigiTec2023 opened in Yerevan, which brought together 120 companies under one roof at the Meridian exhibition center, of which about 60 were represented by startups. In addition, as previously stated, about 10 representative offices of international companies that have relocated from Russia to Armenia are taking part in the exhibition.

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Cash state aid to refugees from Artsakh is not subject to freezing  and confiscation
 Friday, October 13 2023 13:34

ArmInfo.The information on social networks about the alleged withdrawal of funds from social  assistance by Armenian banks to forcibly displaced residents of Artsakh is pure insinuation and fake.

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Armenian exporters have no problems in Russian market - Vahan  Kerobyan
 Friday, October 13 2023 12:44

ArmInfo.Armenian Minister of Economy Vahan Kerobyan excludes the possibility of problems for  Armenian exporters on the Russian market.

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Delegation of Belgian companies to arrive in Yerevan
 Friday, October 13 2023 11:58

ArmInfo.With the assistance of the  Belgian Armenian Chamber of Commerce and Wallonia  Export-Investment Agency (AWEX) a delegation of representatives of Belgian companies will arrive in Yerevan on October 18-19. At the initiative of the agency, an official reception will be held on October 19, as well as individual meetings with representatives of Belgian companies.

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7% or more: Armenian GDP growth forecast from Prime Minister
 Thursday, October 12 2023 16:13

ArmInfo. Prime Minister Nikol Pashinyan believes that the Armenian government is capable of managing crises and ensuring high economic growth. Pashinyan announced on October 12 at a government meeting.

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Armenia`s Ministry of Economy to launch a crayfish farming programme  next year 
 Thursday, October 12 2023 11:58

ArmInfo.Armenia's Ministry of Economy will launch a crayfish farming programme next year. 

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Armenia to attract EUR 50mln loan to mitigate climate change  consequences  
 Thursday, October 12 2023 11:33

ArmInfo. Armenia's government has approved on Thursday a proposal for signing a loan agreement  "Green, sustainable and inclusive development policy programme" between Armenia and the OPEC Fund for International Development. 

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Solution to gasoline price issue is rather in  political sense -  economist
 Wednesday, October 11 2023 13:42

ArmInfo.The solution to the problem of gasoline prices in Armenia is rather in a political sense. Economist Aghasi Tavadyan shares a similar point of view.  On his Facebook page, he noted that over the year the price of gasoline in the country has increased from 380 drams to 580 drams per liter. The latest increase is due to the devaluation of the dram and the dynamics of the global oil market. The dram was also subject to fluctuations, which led to higher gasoline prices.

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Despite all security challenges, we have no problems with  macroeconomic stability - Pashinyan
 Monday, October 9 2023 18:07

ArmInfo. Prime Minister of Armenia Nikol Pashinyan believes that failures and problems in the  field of justice and security are also a consequence of the inconsistency of the justice system, criminal cases that were not previously opened or were mistakenly closed. <We are moving towards eliminating all these challenges >, he said on October 9, at an event dedicated to the Day of the Investigative Committee Employee.

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Armenia`s Ministry of Economy to host meeting with businessmen from  Nagorno-Karabakh
 Monday, October 9 2023 13:10

ArmInfo.Armenia's Ministry of Economy on Monday will host a meeting with businessmen forcibly  displaced from Nagorno-Karabakh. At his press conference earlier, Armenia's Minister of Economy Vahan Kerobyan said that the meeting is aimed at ensuring the Artsakh businessmen's integration into  Armenia's business environment. 

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Zangezur corridor will pass through Iran`s territory 
 Friday, October 6 2023 17:30

ArmInfo. The foundation-laying ceremony of a highway bridge, customs and border  infrastructure has today been held in the vicinity of the Aghband  settlement of Azerbaijan's Zangilan district as part of the  Memorandum of Understanding between the Government of the Republic of  Azerbaijan and the Government of the Islamic Republic of Iran signed  on March 11, 2022, the Azerbaijan State News Agency (AZERTAC)  reports.

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Armenia`s foreign trade rapidly diversifies. Turnover with USA, UAE  and EU countries grows rapidly
 Friday, October 6 2023 15:56

ArmInfo. Armenia is rapidly increasing its foreign trade with the USA (2.1-fold), UAE (2.4-fold)  and many EU countries (2-2.8-fold), in parallel, no less noticeably  increasing foreign trade turnover with Japan, Korea and Canada  (2.5-3. 5-fold), according to the data of the RA Statistical  Committee for January-August 2023.

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European Commission calls for Armenia`s participation in regional  projects
 Friday, October 6 2023 12:20

ArmInfo. Based on the results of the meeting between Prime Minister Nikol Pashinyan and European  Commission President Ursula von der Leyen, a joint statement was adopted. The statement particularly reads as follows,

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Anna Beklyarova on situation with exporters: This problem is as old  as time
 Thursday, October 5 2023 21:41

ArmInfo. For many years we have not had any geographic diversification of exports; accordingly,  we are completely dependent on the Russian market. Export Armenia Association co-founder Anna Beklyarova noted this during a press conference on October 5. "This problem is as old as time, which aggravates our situation," she emphasized.

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Armenian exporters demand financial assistance from state to cover  losses due to downtime at Lars
 Thursday, October 5 2023 18:31

ArmInfo. When changes are introduced in Russia regarding certification, quality requirements,  inspections, the state gives its manufacturers a period of 3 to 6 months to prepare for new regulations, in the case of our manufacturers, the innovations came into force immediately after the warning, which hit our pockets hard.  Marina Arakelyan, commercial director of the Van 777 wine and brandy factory (Ararat region),  noted during a press conference on October 5.

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Positive results to be recorded at Kapan mining and processing  enterprise in short time - Newly appointed general director assures
 Wednesday, October 4 2023 11:58

ArmInfo. I Positive results to be recorded at Kapan mining and processing enterprise in a short  period of time.  Newly appointed General Director of the Kapan mining and processing enterprise, Sasun Avetisyan, stated  during a meeting with Minister of Territorial Administration and Infrastructure of the  Republic of Armenia Gnel Sanosyan.

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AMD exchange rate: Armenian CB ready to intervene 
 Tuesday, October 3 2023 19:18

ArmInfo.The Central Bank of Armenia will carry out operations in the foreign exchange market, the regulator  announced on the afternoon of October 5. Let us remind you that the day before the Armenian dram began a free fall in relation to foreign currencies - just yesterday on the retail foreign exchange market the  dollar exchange rate increased by 20 drams, averaging 435 drams/$1,and today it has reached almost the heights of 1.5 years ago - 460 AMD/$1.

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Armenian exporters concerned over exclusion of Armenian alcoholic  beverages from Russian market
 Tuesday, October 3 2023 17:01

ArmInfo.The "Export Armenia" initiative, uniting hundreds of Armenian producers and exporters, expressed deep concern about the exclusion of Armenian alcoholic products from the Russian market.

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Expert on situation in Upper Lars: after brandy, it will be the turn  of wine
 Monday, October 2 2023 18:42

ArmInfo. What is happening in Upper Lars, where over 60 trucks of Armenian brandy producers have  accumulated over the course of 3-4 months, is the result of an erroneous policy led by the state over the past 15-20 years. A similar opinion was expressed in a conversation with an ArmInfo correspondent by Avag Harutyunyan, Chairman of Union of Winemakers of Armenia (UWA).

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News
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