Armenia requests WB to extend Armenia Extractive Industries Transparency Initiative Support program
 Thursday, May 2 2024, 19:09

ArmInfo. Armenia has appealed to the World Bank with a request to extend the "Armenia Extractive  Industries Transparency Initiative Support: Additional Financing" program. The corresponding draft decree of the RA President was approved at a government meeting on May 2.

Azerbaijan keeps Armenia`s mining industry at gunpoint by unleashing  a hybrid war 
 Monday, July 24 2023, 16:07

ArmInfo. Azerbaijan launched a hybrid war against Armenia. Chairman of the Union of  Miners and Metallurgists of the Republic of Armenia, First Deputy General Director of Zangezur Copper-Molybdenum Combine CJSC Vardan Jhanyan stated  on July 24 at a press conference.

$250mln investments in Amulsar nothing but a bubble - Environmental  Front
 Monday, May 8 2023, 11:33

ArmInfo. The Armenian Environmental Front initiative of volunteers and Green Armenia NGO  issued a statement, which reads: 

Artsakh budget loses about AMD 35 million a day due to suspension of mine activities- Vardan Aramyan
 Wednesday, March 29 2023, 19:01

ArmInfo. Daily tax losses of Artsakh due to the blockade of the Lachin (Berdzor) corridor, the only road connecting the republic with Armenia and the outside world, are estimated at 81 million drams or $204 thousand (395.9 drams per $), of which about 35 million drams are payments of mining enterprises. Vardan Aramyan, former Minister of Finance of the Republic of Armenia, international consultant on state finance management, said in response to ArmInfo's question, on March 29, presenting a report "On assessing the losses of the Artsakh economy due to the blockade", prepared by a group of economists commissioned by the Government of the Republic of Artsakh and former State Minister Ruben Vardanyan.

Deputy PM: "The introduction of the EITI in Armenia is a reality"
 Wednesday, April 27 2022, 17:59

ArmInfo. The sitting of the Multi-Stakeholder Group of the Extractive Industries Transparency Initiative (EITI), chaired by Deputy Prime Minister Hambardzum  Matevosyan, took place today, the press service of the Armenian  government reports,

Armenian government proposes to allocate 2% of royalties paid to mining companies to impact communities
 Thursday, August 12 2021, 14:16

ArmInfo. The RA Ministry of Territorial Administration and Infrastructures proposes to allocate 2% of royalties paid to mining companies to impact communities.

USAID: Armenia makes significant progress in implementing the global  standard for good governance in its mining sector
 Thursday, July 30 2020, 14:16

ArmInfo.Armenia makes significant progress in implementing the global standard for good governance in its mining sector. This is stated in the message of  USAID- Armenia on Facebook.

The process of disclosing the real owners of mining enterprises will  be finalized
 Saturday, May 16 2020, 17:49

ArmInfo. In Armenia, specific processes are underway to disclose the names of real owners of mining enterprises. Prime Minister Nikol Pashinyan announced on May 16 at a press conference dedicated to 100 facts about the new Armenia,   answering a question from journalists.  < We have not put off this  issue. The process is ongoing and will be completed. There is no  other alternative>, he stressed. In this regard, the Prime Minister  recalled legislative changes, the entry into force of which obliged  business entities to submit the names of real owners by February 20,  2020.

Transparency Initiative to cover the Armenian Energy sector
 Friday, April 17 2020, 11:23

ArmInfo.The Armenian parliament at the meeting on April 17 in the second and final reading amended the law "On Energy".

Expert: Monopoly, oligarchic norm of production of cognac from the  past needs to be abolished
 Friday, March 20 2020, 12:39

ArmInfo. The monopoly, oligarchic norm of brandy production from the past still existing in Armenia needs to be abolished. A similar opinion was expressed to ArmInfo  by  the Chairman of the National Wine Center Avag Harutyunyan.

Transparency Initiative Will Extend to Armenian Energy Sector
 Wednesday, March 4 2020, 10:59

ArmInfo. At the March 4 meeting, with a reservation in the second and final reading, the  Armenian parliament voted against the amendments to the law "On  Energy".

Will the Transparency Initiative be extended to the field of Armenian  energy?
 Friday, January 24 2020, 11:26

ArmInfo.It is planned that the Transparency Initiative will be extended to the sphere of  Armenian energy. At a meeting on January 24, the country's parliament  continued discussions on amendments to the law "On Energy".

Mining Industry as a Fanciful Game of Cats-and-Mice
 Monday, November 25 2019, 20:32

ArmInfo.Arminfo: “Let the people know the facts, and the country will be safe.” These words of Abraham Lincoln have become challenging for post-revolutionary Armenia more than ever. Such huge piles of political and economic “garbage” have accumulated in the country that its rakers , most likely, not keeping up with their own promises and even thoughts, begin to turn their backs on the astringent smell and stench coming from those. Whatever one may touch it breaks down or threatens to collapse the socio-economic structure built up over a quarter-century, which turned out to be worthless and a non-effective one.  

Expert: Business is not fully ready for the transition to digital  traceability of goods within the EAEU
 Tuesday, November 12 2019, 20:45

ArmInfo.The launch of digital traceability of goods in the Eurasian space must be started as soon as possible in order to overcome the existing distrust  between the EAEU countries, which negatively affects the development  of integration processes.

Karine Minasyan: The share of counterfeit products in Armenia  decreased by 30-40%
 Tuesday, November 12 2019, 14:56

ArmInfo. In terms of the effectiveness of the fight against counterfeit products, Armenia is one of the most successful countries in the Eurasian Economic Union  (EAEU). This was announced on November 12 on the sidelines of the  international forum "Anti- Counterfeiting-2019" to the Minister of  Internal Markets, Informatization, Information and Communication  Technologies of the Eurasian Economic Commission (EEC) Karine  Minasyan.

EEC Minister: Eurasian Economic Commission will study the letter of  the Armenian "Spayka" company on the export of cheese to Russia  through the "Upper Lars" checkpoint 
 Tuesday, November 12 2019, 14:27

ArmInfo. The Eurasian Economic Commission will study the letter of the Armenian "Spayka" company on the export of cheese to Russia through the "Upper Lars"  checkpoint. Karine Minasyan, Minister for Domestic Markets,  Informatization, Information and Communication Technologies of the  Eurasian Economic Commission, told reporters on November 12, on the  sidelines of the international Anti-Counterfeiting-2019 international  forum opened in Yerevan.

VII International Forum Anti-Counterfeiting-2019 will be held on  November 12-13, 2019 in Yerevan
 Wednesday, October 23 2019, 12:02

ArmInfo. The 7th International Anti-Counterfeit-2019 International Forum will be held in Yerevan from November 12 to 13, 2019, dedicated to the problems of combating  illegal trade in industrial products, including the protection of  intellectual property rights.

In the first half of 2020, it is planned to complete work on the  development of a strategy for the mining industry
 Tuesday, October 22 2019, 14:54

ArmInfo. In the first half of 2020, it is planned to complete work on the development of a strategy for the mining industry. Deputy Minister of Territorial  Administration announced this on October 22 from the rostrum of the  Parliament and Infrastructure Lilia Shushanyan, who in the first  reading introduced amendments to the Subsoil Code and the package of  related laws.

 Tuesday, October 15 2019, 16:54

ArmInfo.

Armenian specialists familiarized themselves with UK experience in  identifying real owners
 Tuesday, September 17 2019, 17:28

ArmInfo. On September 16, as part of a study visit to the UK, a meeting was held with the delegation of the Armenia Extractive Industries Transparency  Initiative (EITI) in the Department of Business, Energy and  Industrial Strategy of the UK Government (BEIS Department).



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