Thursday, June 12 2025,

ArmInfo.

Armenia to host  prestigious international wine competition  in 2026
 Thursday, June 12 2025,

ArmInfo.  Next year, Armenia will host the prestigious international wine competition Concours Mondial de Bruxelles (CMB). This announcement was made in Yinchuan, China, where CMB -2025 took place. The event was attended by the  Minister of Economy of Armenia, Gevorg Papoyan, and the head of the Vine and Wine Foundation (VWFA), Zaruhi Muradyan. In 2026, over 400 guests from various countries of the world will come to Armenia, including wine experts, sommeliers, buyers, importers, journalists, bloggers, teachers, etc.

 Thursday, June 12 2025,

ArmInfo.

WANO experts get acquainted with production process at Armenian NPP
 Thursday, June 12 2025,

ArmInfo.  From June 8 to 11, 2025, a preliminary visit of the Corporate Peer Review was held at the Armenian Nuclear Power Plant (ANPP) with the participation of experts from the World Association of Nuclear Operators (WANO).

Armenia`s Cabinet approves Isakov-Arshakunyats road construction project in Yerevan 
 Thursday, June 12 2025,

ArmInfo. On June 12, the Armenian government approved the estimated financial framework and implementation schedule for the construction of the new Isakov-Arshakunyats road in Yerevan under the .

Armenia`s Cabinet approves allocation of $1mln to Asian Development  Fund 
 Thursday, June 12 2025,

ArmInfo. On June 12, the Government of Armenia approved the allocation of $1 million within the framework of the 13th replenishment of the Asian Development Fund and the  eighth replenishment of the Special Fund for Technical Assistance.

AI Factory to become available to Armenian eco-startup environment - minister
 Thursday, June 12 2025,

ArmInfo. Almost $500 million in investments will be directed to the implementation of a large-scale project in Armenia, which was officially presented the day before at the largest European startup and technology conference Viva Technology. The RA Government, NVIDIA, Firebird and Team Group will join forces to create the most powerful supercomputer and data processing center in the region based on artificial intelligence (AI) solutions. Prime Minister Nikol Pashinyan noted this on June 12 at a  regular government meeting.

Cooperation with Armenia will help lay foundation for AI development in region - NVIDIA
 Thursday, June 12 2025,

ArmInfo. Our cooperation with Armenia will help lay the foundation for the development of artificial intelligence (AI) in the region. This was stated by Jensen Huang, founder and CEO of one of the leading American technology companies NVIDIA.

Armenia`s banking sector to tighten capital buffers
 Thursday, June 12 2025,

ArmInfo. In the banking sector of Armenia, the regulator continues to tighten the standards for capital buffer indicators. Thus, from May 1, 2025, the Central Bank of the Republic of Armenia increased the countercyclical capital buffer (CCB) from 1.5% to 1.75% of risk- weighted assets, as well as the capital conservation buffer (protective) from 2% to 2.5%. It is known  that an additional capital buffer of 1.5% is already in effect for  systemically important banks. This is noted in the annual report of the Central Bank of the Republic of Armenia "Financial Stability 2024".

 Thursday, June 12 2025,

ArmInfo.

Digitization of justice discussed in Armenia
 Thursday, June 12 2025,

ArmInfo.  Yesterday, Deputy Minister of Justice of the Republic of Armenia Oksana Abrahamyan received a delegation from the Estonian Ministry of Foreign Affairs and the Estonian Center for International Development (ESTDEV). The delegation was headed by Director of the Development Cooperation  Department of the Estonian Ministry of Foreign Affairs Ingrid Kressel and Director of Digitalization of ESTDEV Andres Arema. This was reported by the press service of the RA Ministry of Justice.

Team Group, NVIDIA, and Firebird Announce a $500 Million Megaproject to Build a Regional AI Supercomputing Hub
 Thursday, June 12 2025,

ArmInfo.  A nearly $500 million investment project to be implemented in Armenia was officially presented today at Viva Technology, Europe’s largest startup and tech conference. The Government of the Republic of Armenia, NVIDIA, Firebird, and Team Group will collaborate to build the region’s most powerful Supercomputing Hub and data processing center, powered by artificial intelligence (AI) solutions.

Minister: $500 million  artificial intelligence plant to be  constructed in Armenia
 Wednesday, June 11 2025,

ArmInfo.  An artificial intelligence plant worth $500 million will be constructed in Armenia. RA Minister of High-Tech Industry Mkhitar Hayrapetyan posted this information on his Facebook  page.  

RA SRC Chairman, EEC Minister for Customs Cooperation discuss current  cooperation  
 Wednesday, June 11 2025,

ArmInfo. Eduard Hakobyan, Chairman of the State Revenue Committee (SRC),  received Ruslan Davydov, Minister for Customs Cooperation of the Eurasian Economic Commission  (EEC). According to the SRC press service, the meeting focused on the current cooperation in customs regulation within the EAEU and the potential for its development. The parties discussed the implementation of several planned initiatives, including improvements to the existing legal framework.

Armenia to use space information for disaster risk management
 Wednesday, June 11 2025,

ArmInfo. The Ministry of Internal Affairs of Armenia has put forth a new legislative proposal for public discussion, which focuses on using space information for effective disaster risk management.

 Wednesday, June 11 2025,

ArmInfo.

In 2024, vegetable and fruit export from Armenia exceeded 144,000 tons
 Wednesday, June 11 2025,

ArmInfo. In 2024, Armenia exported  144,540 tons of fresh fruits and vegetables, an increase of 8.4% from 2023. Deputy Minister of Economy of Armenia Arman Khojoyan, who oversees the agricultural sector, announced this while addressing questions from parliament members.

Ameriabank joins TOON EXPO to be held first time in Moscow
 Wednesday, June 11 2025,

ArmInfo.  Ameriabank, the leader in the mortgage market, is set to participate in TOON EXPO, an international exhibition of real estate and construction initiated by Big Projects, that will be held on June 27-29, for the first time in Moscow.

"Plain and Simple": Financial Literacy with AraratBank
 Wednesday, June 11 2025,

ArmInfo. AraratBank has initiated a series of podcasts focused on financial literacy in collaboration with Ara Chalabyan, a finance lecturer at the American University of Armenia.

Deputy Economy Minister:  Out of 557 completed customs declarations for Armenian alcoholic beverages exporters, 70% have been accepted by the destination country`s customs 
 Wednesday, June 11 2025,

ArmInfo. Since April 2025, Armenian exporters of alcoholic beverages have completed 557 customs declarations. Of these, 391, or 70% have been  accepted by the destination country's customs  for clearance. Deputy Minister of Economy of Armenia Arman Khojoyan, provided this information  in response to  questions from parliamentarians in the National Assembly  on June 11.

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