ArmInfo. The Armenian government intends to improve the investment environment by applying new tools to solve the problem of bad debts. The National Assembly of  the Republic of Armenia is discussing amendments to the Tax Code in  the second reading at the plenary session on January 20.

ArmInfo. The Upper Lars checkpoint is closed for trucks, customs attache of the Armenian Embassy in Russia Vahan Hakobyan told an ArmInfo correspondent.

ArmInfo. January 13 to 17, 2025, in Armenia's interbank foreign exchange market, only one USD and two RUB transactions were effected, with no EUR transactions effected. USD transactions showed a 4.6-fold growth against a 64% decline the previous week. The total amount of USD transactions  exceeded that of RUB almost 2-fold.

ArmInfo.The Ministry of Economy is negotiating with the Norwegian Agency for Development Cooperation (NORAD) to receive consulting support in attracting an international operator for industrial zones, as  reported by the press service of the department, following a meeting between Deputy Minister Edgar Zakaryan and a delegation from NORAD.

ArmInfo. Further development of the Armenian economy is possible only if the republic has good ties with both Russia and the West. Only with good relations  with both poles can Armenia become a mediating bridge. This was  stated in an interview with an ArmInfo correspondent by the head of  the  economist Suren Parsyan.

ArmInfo. With proper documentation of expenses, the tax burden on jewelry retailers will not only not increase, but, on the contrary, will decrease. This  statement was made by the deputy head of the parliamentary standing  committee on economic issues, MP of the ruling faction of Armenia  "Civil Contract" Babken Tunyan, responding to the protests of the  workers of the "Gold Market" shopping center, who are against the  double increase in the turnover tax rate and the corresponding entry  by the former assistant to the Prime Minister Nairi Sargsyan.

ArmInfo. Armenian and German businesses are intensifying ties. This was reported by the press service of the Ministry of Economy, citing the agreement reached between the head of the Armenian Ministry of Economy Gevorg Papoyan and Chairman of the German Federal Association of Small and  Medium-Sized Businesses (BVMW), Christoph Ahlhaus. 

ArmInfo. The first data exchange under the OECD agreement on the international bank account  information  will take place in autumn 2025, as stated by Eduard Hakobyan, the head of the State Revenue Committee of Armenia, at the final press conference.  

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ArmInfo. Armenia received 76 billion AMD  from the common pot of customs duties of the Eurasian  Economic Union, but ended up giving away 129 billion AMD, as stated by Eduard Hakobyan, the head of the State Revenue Committee of the Republic of Armenia, at the final press conference on January 16.

ArmInfo.The year 2024 for "The Power of One Dram" initiative concluded with a result of 5,119,225 drams, which was fully allocated to support the annual regional forum “Face to Face: Dialogue of Generations” organized by the “Children of the Regions in the Regions” Foundation, scheduled for March. The first beneficiary of 2025 is the DigiCode 2025 Youth applied programming competition, part of the UATE "Armath" Engineering Makerspaces educational program.

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ArmInfo. In Armenia, the repayment terms of preferential loans for purchasing grapes have been extended by 6 months. The corresponding decision was made during a government meeting on January 16.

ArmInfo. Armenia is making another change to the agreements with the French Development Agency (FDA) on the Vedi Reservoir construction project. On January 16, the Cabinet of Ministers approved proposals to sign Supplement No. 3 to the loan agreement No. CAM 1002 01 Y dated January 26, 2016 between the Government of the Republic of Armenia and the FDA.

ArmInfo. Over the past few days, two fateful events have occurred that could play both a positive and a negative role in the history of modern Armenia. On the one hand, the country's government gave the go-ahead for the adoption  of the law "On the beginning of the accession of the Republic of  Armenia to the European Union", and on the other hand, the Charter on  Strategic Partnership between Armenia and the United States was  signed in Washington. 

ArmInfo. On January 16, the Government of Armenia approved a proposal to sign a financial cooperation agreement with the Government of the Federal Republic of Germany for 2023.

ArmInfo. Prime Minister of Armenia Nikol Pashinyan will take part in the 55th anniversary World Economic Forum in Davos, which starts on January 20. This is stated on the official website of the forum.

ArmInfo. Armenia will receive a loan from the Asian Development Bank (ADB) for a sustainable and inclusive road sector improvement project. The proposal to sign the relevant agreement was approved by the Cabinet of Ministers on  January 16. 

ArmInfo. On January 16, the Cabinet of Ministers of Armenia approved the proposal to sign the Agreement on administrative cooperation of the EAEU countries in the field of property appraisal services.