ArmInfo. Tax control over the activities of companies licensed to operate in the energy and water sectors will be strengthened in Armenia. The decision to this effect was made at a government meeting on January 30.

ArmInfo. Minister of High-Tech Industry of Armenia Mkhitar Hayrapetyan received the Ambassador of Germany to Armenia Claudia Busch.

ArmInfo. Funded by USAID, Ameria Management Advisory, Modex Consulting and international expert Andreas Klassen have developed Armenia's export strategic program, where molybdenum has been included in the list of leading products, as stated by Modex.  According to the source, in the coming years, separate actions are expected that will allow Armenia to strengthen its position on the "world map" of molybdenum producers. In modern industry, molybdenum is often used in alloys, due to its physicochemical properties ensuring the durability and resistance of equipment or individual parts in various corrosive environments, due to which such alloys are widely used in the production of missiles, chemical and pharmaceutical industry equipment, and  complex architectural structures.

ArmInfo. The Ardshinbank CJSC, which is currently in operation, has issued an explanation  regarding the Central Bank of the Republic of Armenia Council's  decision today to liquidate Ardshinbank OJSC (which went bankrupt 23 years ago). The purpose of the explanation is to prevent the spread of misleading information and provide both readers and its clients with accurate and reliable information

ArmInfo. The Central Bank of Armenia has completed the bankruptcy process of Ardshinbank OJSC after 23 years. It began in 2002 and is completely separate from the Ardshinbank CJSC that is currently operating. The Central Bank Council made the relevant decision during a meeting on January 29, 2025.

ArmInfo. On November 27, 2024, the Board of Directors of the ZZangezur Copper Molybdenum Combine (ZCMC) CJSC convened a meeting where, in addition to other issues, proposed to distribute annual dividends to the shareholders of the Company based on the Company's 2023 financial performance, including  profits from previous years, as stated by the press service of the CJSC.

ArmInfo. The Tourism Committee of Armenia has initiated a project to establish the Institute of State Guarantees tol protect the interests of tourists, including both RA citizens and foreigners. This was stated by Lusine Gevorgyan, the Chairperson of the Tourism Committee of Armenia, during a press conference on January 29. She noted that the project is currently being discussed with international donors.

ArmInfo. Armenia's accession to the European Union will result in the republic's withdrawal from the Eurasian Economic Union (EAEU) and the closure of the EAEU market for this country, as stated by Russian Deputy Prime Minister Alexei Overchuk to journalists on January 29, TASS reports.  "The solution here is obvious: opening markets with the European Union will mean closing markets with the Eurasian Economic Union. Otherwise, our  producers in the Eurasian Economic Union will suffer," the Deputy  Prime Minister of the Russian Federation noted. He specified that for  Armenia, "zeroing import customs rates with the EU will automatically  mean a return to customs and customs tariffs with the EAEU."

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ArmInfo. Armenian Prime Minister Nikol Pashinyan will not participate in the meeting of the Eurasian Intergovernmental Council scheduled for January 30-31 in Kazakhstan.  Deputy Prime Minister Mher Grigoryan will lead the Armenian delegation. This information was reported to an Arminfo correspondent by the government press service.

ArmInfo. More than half of respondents in Armenia do not know how to fill out the sensational income declaration, which came into force this year. This is  evidenced by the results of a poll by the consulting company MPG/  "Proud Chipolino".

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ArmInfo. The Ministry of Economy of Armenia and the Hungarian airline Wizz Air considered the possibility of launching new routes, increasing the frequency of flights and expanding cooperation with the Tourism Committee of Armenia.

ArmInfo. Member of the ruling faction of Armenia, deputy head of the parliamentary committee on economic issues Babken Tunyan calls the information spread by opponents of the government that banking secrecy has been abolished in the republic and that state bodies and their employees can obtain any information about citizens' bank accounts disinformation.

ArmInfo. Chairperson of the Tourism Committee of Armenia Lusine Gevorgyan, together with the Ambassador of Armenia to Spain Sos Avetisyan, met with the Secretary General of the World Tourism Organization (UNWTO) Zurab Pololikashvili.

ArmInfo. The European Bank for Reconstruction and Development (EBRD) invested €396 million in Armenia’s economy across 19 projects in 2024, highest level of investments historically.

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ArmInfo. Fitch Ratings has affirmed Armenia's Long-Term Foreign Currency Issuer Default Rating (IDR) at <BB-> with a <Stable> outlook, as noted in the Fitch Ratings statement. It also includes an updated forecast for Armenia's GDP growth, projecting a slowdown to 4.8% in 2025 (down from an estimated  6% in 2024 and an actual  8.3% in 2023).

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