Tigran Khachatryan, Philip Morris International Regional President  discuss  potential areas for cooperation
 Tuesday, June 10 2025,

ArmInfo. Deputy Prime Minister Tigran Khachatryan received a delegation led by Frederik De Wilde, President of Philip Morris International for South and Southeast Asia, CIS, Middle East and Africa. The meeting was also attended by Minister of High-Tech Industry Mkhitar Hayrapetyan.

Armenia, EEC discussing prospects for cooperation in customs services
 Tuesday, June 10 2025,

ArmInfo. Deputy Prime Minister of Armenia Mher Grigoryan discussed prospects for developing cooperation in the field of customs regulation at a meeting with Minister for Customs Cooperation of the Eurasian Economic Commission (EEC) Ruslan Davydov.

RA State Revenue Committee reveals shadow turnover in Tsakhkadzor casino 
 Tuesday, June 10 2025,

ArmInfo. The State Revenue Committee (SRC) of the Republic of Armenia has revealed a case of distortion of tax bases and, accordingly, underestimation of real volumes of activity in the Tsaghkadzor casino.

Project of 11th station of Yerevan Metro approved 
 Tuesday, June 10 2025,

ArmInfo. The project package of the 11th metro station "Ajapnyak" received a positive conclusion of the state comprehensive examination. According to the press service  of the Yerevan Municipality, this means that the following processes will follow: approval by the Government of Armenia of full financing, alienation and resettlement work from the affected area, preparation for the construction tender.

Armenia`s industry in decline 
 Tuesday, June 10 2025,

ArmInfo. In January-April 2025, the industrial sector of Armenia reduced production by 16.1% (against 26.1% growth a year ago) - to 812.3 billion drams (over $ 2.1 billion). Such dynamics were due to a double-digit decline in the manufacturing industry and the still sagging mining industry. According to the Statistical Committee, in April alone, industrial production was also in decline - by 3.9% to 212.4 billion drams ($ 543.7 million).

23% decline in output of Armenia`s metallurgical industry 
 Tuesday, June 10 2025,

ArmInfo.  The metallurgical industry of Armenia in January-April 2025 reduced production volumes by 23% per annum (against 24% growth a year ago). This is evidenced  by the data of the Statistical Committee of the Republic of Armenia.

Wine output in decline in Armenia 
 Tuesday, June 10 2025,

ArmInfo.  Wine production in Armenia continues to decline. Thus, according to the RA Statistical Committee, 1.8 million liters of wine were produced in January-April 2025, which is 38.8% lower than the same period last year. At the same time, the volume of sparkling wine (champagne) decreased by 28%  year-on-year to 283.1 thousand liters.

4.9% y/y increase in electric energy output in Armenia
 Tuesday, June 10 2025,

ArmInfo.  In Armenia, electricity generation in January-April 2025 increased by 4.9% per annum (against a 1.8% increase a year ago), amounting to 3,333.6 million kWh. At the same time, in April alone, electricity generation decreased by 15.5% - to 708 million kWh. This is evidenced by the data of the RA Statistical Committee.

 Monday, June 9 2025,

ArmInfo.

Armenia`s income tax refund for "mortgage holders" expected to peak  in 2026 before gradually decreasing
 Monday, June 9 2025,

ArmInfo. Income tax refund within the framework of mortgage lending in Armenia is projected to peak in  2026, surpassing 100 billion drams. Following this peak,  a slowdown is expected to occur, as stated by Eduard Hakobyan, Chairman of the State Revenue Committee (SRC), on June 9 during a joint meeting of  the standing parliamentary committees while discussing the annual report <On the Execution of the State Budget of the Republic of Armenia in 2024>.

EU updates airspace "blacklist". European skies remain inaccessible  to Armenian airlines 
 Monday, June 9 2025,

ArmInfo.EU has updated its airspace "blacklist". Along with air carriers from Afghanistan, Tanzania, Suriname, European skies remain "closed" for Armenian airlines, AeroTime reports. According to the source, on June  3, 2025, the European Commission (EC) updated its no-fly list, banning airlines from certain countries from European airspace for safety grounds.

Exclusive fintech startup  launched in partnership with Converse Bank  - Superra application for transactions on secondary securities market
 Monday, June 9 2025,

ArmInfo.An exclusive fintech startup has been launched in Armenia - the Superra application for transactions on the secondary securities market. The banking partner of the Superra application is Converse Bank, which also serves as a correspondent for brokerage accounts of securities bought and sold through Superra,  as noted in a message from Converse Bank.

Armenia`s foreign trade turnover  significantly decreased due to   sharp decline in  export and import of diamonds and gold
 Monday, June 9 2025,

ArmInfo. In Armenia's foreign trade, transactions involving precious metals and stones have seen a  significant  decline since 2025. In January-April, these transactions amounted to 25.5% ($1.6 billion) of the total, compared to 67% ($8.9 billion) the previous year.

 Monday, June 9 2025,

ArmInfo.

RA Ministry of Economy planning to expand investment instruments
 Monday, June 9 2025,

ArmInfo.  The Ministry of Economy is actively involved in the development of capital market, with a specific instrument aimed at facilitating the issuance of bonds, as stated by Minister of Economy  Gevorg Papoyan on June 9 in Parliament.

All that glitters is not gold: Economy Minister continues to insist  on limited impact of gold re-export on GDP
 Monday, June 9 2025,

ArmInfo.  Gold re-export does not significantly contribute to GDP, as stated by Armenian Economy Minister Gevorg Papoyan in parliament on June 9.  To support his  argument, the Minister presented export volumes for 2023 and 2024, both with and without gold re-export. According to him, in 2023, total export deliveries were 8.5 billion drams, while excluding re-export - 6.8 billion drams. In 2024, exports reaches 13.1 billion drams, with non re-export  exports totaling 7.5 billion drams.

Iran-Armenia power line project 80% finished - minister 
 Monday, June 9 2025,

ArmInfo.  The construction of the third Iran-Armenia power transmission line is 80% complete. This was stated by David Khudatyan, Minister of Territorial Administration and  Infrastructure (MTAI), during the hearings in the National Assembly of the Republic of Armenia on the implementation of the 2024 state budget of the Republic of Armenia on June 9.

Tehran hopes for commissioning of Iran-Armenia high-voltage line this  year 
 Monday, June 9 2025,

ArmInfo. The issue related to the construction of the third power transmission line, designed to connect the electric power systems of Armenia and Iran, became the  subject of discussions held between the Ambassador of the Republic of Armenia to Tehran Grigor Hakobyan and the Minister of Energy of the Islamic Republic of Iran Abbas Aliabadi.

Research is ongoing in Armenia to select model for new nuclear power  unit - minister
 Monday, June 9 2025,

ArmInfo. Research is ongoing in Armenia to select a model for a new nuclear power unit, including one with a small modular reactor. This was stated by David Khudatyan, Minister of Territorial Administration and Infrastructure of the Republic of Armenia, during the hearings in the commissions of the  National Assembly of the Republic of Armenia on the implementation of the 2024 state budget on June 9.

 Monday, June 9 2025,

ArmInfo.

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