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ArmInfo.Armenian-Indian business forum, organized by the Embassy of India in Armenia in  cooperation with the RA Ministry of Economy, was held in Yerevan.

ArmInfo.Armenia was elected a Member of the Economic and Social Council for the years 2025-2027 in  the vote held at the UN General Assembly in New York on June 7.  According to the press service of the Foreign Ministry, three countries were nominated for two vacant seats - Armenia, Bosnia and Herzegovina and Azerbaijan.

ArmInfo.The Central Bank has identified two main groups of risks threatening the financial  stability of Armenia. The first is the risk of escalation in conditions of high geopolitical uncertainty. The second is the risk of possible overheating in the mortgage lending market.  

ArmInfo.ARMSWISSBANK informs about starting the placement of 3 coupon bonds from the 10^th of June, 2024.

ArmInfo.IDBank and Idram summarize the results of the May program of “The Power of One Dram” initiative, the beneficiary of which was “Road of Life” charitable NGO, which deals with diagnosis, provision of medicines and treatment of children with epilepsy. The collected amount of AMD 4,101,050 will be directed to alleviate the concerns of the beneficiary families.

ArmInfo.Recent floods in Armenia confirm the need to ensure food security. Flooding in Lori  and Tavush has contaminated water supplies and food sources, increasing the risk of foodborne illness, highlighting the need to strengthen food safety measures in Armenia. This is stated in a joint  message from the Food and Agriculture Organization of the United Nations (FAO) and the World Health Organization (WHO) on the occasion of World Food Security Day.

ArmInfo.From June 10 to September 10 of this year, AraratBank intends to place bonds on the following terms:

ArmInfo.Russia is working to resume the launch of Mir cards in Armenia and Kyrgyzstan. As TASS  reports, stated by Deputy Minister of Foreign Affairs of Russia Alexander Pankin at the St. Petersburg International Economic Forum (SPIEF).

ArmInfo. In Q1 2024, Armenia increased export supplies 2.7-fold , which was mainly due to the  re-export of gold to the United Arab Emirates. Deputy Minister of Finance of Armenia Vahan Sirunyan stated during a meeting of the Standing Parliamentary Committee on Financial-Credit and Budgetary  Affairs on June 7.

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ArmInfo.The opening of the renovated sales and centers of OVIO, which were modernized within the framework of rebranding, took place in Kapan, Kajaran and Gyumri.

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ArmInfo. The EU will allocate 11 million euros for the next 5 years to implement the Resilient Syunik  (R2D) project.  Head of the EU mission to Armenia Vassilis Maragos stated during an event dedicated to the launch of the program.  

ArmInfo.The unique international music festival "Palaces of Saint Petersburg in Yerevan", which will be held from 16 to 23 June of this year, is organized by Ardshinbank’s financial partnership.

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