ArmInfo.

ArmInfo. Armenia continues to be very interested in membership in the Eurasian Economic Union  (EAEU). This opinion was expressed to the magazine "International Life" by Deputy Minister of Foreign Affairs of Russia Andrei Pankin, touching upon the relations between Armenia and the EAEU.

ArmInfo. Director General of  the Lithuanian Transport Security Administration Vidmantas Pleta and  Advisor to the Aerodrome Certification Department Arunas Stankevicius  visited the Civil Aviation Committee of Armenia.  

ArmInfo. Armenia's GDP in the  first half of 2024 exceeded 4.2 trillion drams or $10.6 billion,  showing a more noticeable slow down in annual growth at 7.3%. In  comparison, during the same period in 2023, there was a slight  decrease in double-digit growth from 18% to 16%. This is evidenced by  the data from the RA Statistical Committee, published on August 20  alongside the presentation of GDP at market prices. The GDP  experienced a negative trend in the first quarter, declining by  36.1%. 

ArmInfo.The Eurasian  Economic Union has set tariff quotas for the import of specific types  of meat and whey in 2025. This information was outlined in a  statement by the Eurasian Economic Commission.  "In accordance with  the Treaty on the EAEU, the EEC sets tariff quotas for certain  categories of agricultural goods from third countries and imported  into the customs territory of the EAEU. This decision considers the  balance between consumption and production in member states, as well  as the countries' obligations to the World Trade Organization,"  stated Vahagn Kazaryan, Director of the Department of Customs Tariff  and Non-Tariff Regulation of the EEC.

ArmInfo. There is no need to  sound the alarm regarding the position of Armenian cognac on the  Russian market.

ArmInfo. The State Revenue  Committee of the Republic of Armenia held working discussions on new  rules for the implementation of passenger transportation by taxi  services.

ArmInfo.

ArmInfo. The National  Polytechnic University of Armenia hosted a regional meeting of the  International Atomic Energy Agency (IAEA) aimed at developing actions  at the national level (NDC).

ArmInfo. Almost 90% of  Armenian cognacs sold in Russian stores turned out to be unsafe,  while almost half of the products contain non-grape spirits. This is  stated in a joint study by the international association  "Anti-counterfeit" and the Union of Cognac, Spirits and Alcoholic  Beverages Producers, which TASS has become familiar with. 

ArmInfo. The results of the basic examination for the construction of the Ajapnyak metro station have been received and submitted to the contractor for review. This was reported by Aneta Babayan, Acting Director of the Yerevan Development and Investment Programs Implementation Office, during a meeting at the capital's administration on August 19.  According to her, the revised project is expected to be ready by the end of September and will be submitted for the final examination. "We expect the EIA and expert examination to be completed by December. After that, we will be able to start the tender process next year," she said.

ArmInfo. Yerevan Municipality has  officially applied to the Asian Development Bank for technical  assistance in the amount of $1.2 million. This funding will allow the  preparation of a public transport reform program.

ArmInfo. In the insurance market  of Armenia, the loss ratio for compulsory motor third-party liability  insurance increased to 79.3% by August 1, 2024 from 64% last year.   This is evidenced by the data of the Bureau of Motor Insurers of  Armenia.

ArmInfo. By the end of July 2024,  the domestic debt of the Armenian government exceeded the external  debt. At the same time, the state debt in dollar terms increased to  $12 billion 335.4 million (from $11 billion 845.4 million by the end  of 2023). In dram equivalent, the indicator decreased from 4 trillion  794.9 billion to 4 trillion 790.8 billion.

ArmInfo. The State Revenue  Committee of the Republic of Armenia reports that in July 2024, 294  cases of violation of the rules for the use of cash registers (non-  issuance of cash register receipts) were recorded in Armenia and a  fine of about 137 million drams was imposed.

ArmInfo. The Nor Achinsk Bridge  is being repaired. Traffic on the bridge will be temporarily closed.

ArmInfo. August 12 to 16, 2024, USD transactions showed an accelerating growth, with EUR and RUB transactions showing a downward trend in Armenia's interbank foreign exchange market. Four USD and four RUB transactions were effected during the period under review, with only one EUR transaction effected.

ArmInfo. As part of the autumn-winter schedule, nine flights a week will be operated from St. Petersburg's Pulkovo Airport to Yerevan, reports 78.ru with reference to the press service of the Northern capital's air port.

ArmInfo. From August 25 to 28, 2024, the Astana Diplomatic Club invites entrepreneurs from Armenia to visit Kazakhstan on a business mission.  As reported by the Embassy of Kazakhstan in Armenia, the event continues the practice of strengthening business ties between the countries by creating additional opportunities for direct business contacts. This spring, a successful business mission of Kazakh entrepreneurs to Yerevan was held, confirming the mutual desire of the business circles of the two countries to expand practical cooperation. The visit of Armenian businessmen to Kazakhstan will allow for progress to be made and further steps to be outlined in order to implement specific cooperation plans. The focus of the current business mission is on such priority areas for both countries such as transport and logistics, increasing mutual trade, and implementing projects in the IT sector.

ArmInfo. On August 15, the organizing committee of the Eurasian Economic Forum 2024 had an online meeting chaired by RA Deputy Prime Minister, Chairman of the Council of the Eurasian Economic Commission Mher Grigoryan.