ArmInfo. In H1 2021, Armenia exported 17.1 thousand tons of aluminum foil, which is 0.7% less than a year ago (against 3% growth a year earlier). However, in  monetary terms, the export of foil showed an increase of 19.7% per  annum - up to $ 54.8 million.

ArmInfo.“The Power of One Dram” initiative of IDBank and Idram has summed up the results of the next program: the entire amount of “one dram” gathered in August from user payments, AMD 3.701.910, was transferred to “Vahe Meliksetyan” foundation.

ArmInfo.A number of Dutch companies are interested in the IT sector of Armenia and have a desire to work with Armenian companies. Ambassador Extraordinary and  Plenipotentiary of the Kingdom of the Netherlands to Armenia Nicholas  Schermers announced this during a meeting with the Minister of  High-Tech Industry of Armenia Vahagn Khachatryan.

ArmInfo.Ameriabank is happy to announce the launch of one of its successful and long-awaited programs - Generation A 13. As noted in the Bank's message, the  program is an exceptional opportunity for young people aged 21-27 who  want to start their professional path at Ameriabank, acquire new  skills and experience, grow to be competitive specialists. 

ArmInfo.In Armenia, the service sector in January-July 2021 accelerated y-o-y growth to 4.5% (from 0.7% a year earlier), with a volume of more than 1 trillion  drams ($ 1.9 billion). This is evidenced by the data of the  Statistical Committee of the Republic of Armenia, according to which  in July alone the volume of services provided increased by 3.1% to  163.8 billion drams ($ 333.8 million).

ArmInfo. The share of drams in the implementation of projects in Armenia will grow dramatically. Chairman of the Management Board of the Eurasian Development Bank  (EDB) Nikolay Podguzov said at the ceremony of signing an agreement  on the provision of a credit line for $ 20 million to one of the  largest banks in Armenia, Ardshinbank,  answering ArmInfo's question  about <the state of the Armenian dram in the Bank's loan portfolio>.

ArmInfo.IDBank prematurely finished the placement of the second tranche of dollar bonds under the abbreviation AMANLBB2DER5. The total volume of the issue was USD 5 million, the annual coupon interest rate is 4%, the coupons are to be paid quarterly and the maturity is 27 months.

ArmInfo.The revenue of the trade sector of Armenia in January-July 2021 increased by 7.5% per annum (against an 11% decline a year earlier), reaching 1.7 trillion  drams ($ 3.4 billion). This is evidenced by the data of the  Statistical Committee of the Republic of Armenia, according to which,  in July alone, the revenue of the trade sector increased by 6.5% to  300.5 billion drams ($ 612.2 million).

ArmInfo.On September 7, the Government of Armenia, by written vote, approved the decision "On the application of temporary restrictions on the export to third  countries of copper concentrate, molybdenum concentrate,  ferromolybdenum, as well as molybdenum products (except for HS code  8102970000: Molybdenum waste and scrap) from the Republic of Armenia,  on the establishment of the export licensing procedure, the form of  license applications and licenses ".

ArmInfo.The Eurasian Development Bank (EDB), the rating agency ACRA and the Ministry of Finance of the Republic of Armenia signed a Memorandum of Understanding establishing areas of cooperation between the parties in order to stimulate economic growth in the Republic of Armenia and the Russian Federation. This is stated  in the message of the EDB press center.

ArmInfo.On September 7, Minister of Finance of Armenia Tigran Khachatryan received Regional Director of the European Bank for Reconstruction and Development  (EBRD) for Caucasus, Moldova and Belarus Catarina Bjorlin Hansen and  Head of EBRD Yerevan Office Dmitry Gvintadze.

ArmInfo. The Eurasian Development Bank (EDB)  provided Ardshinbank with a credit line in the amount of $ 20 million  for a period of 3 years to provide financial support to the small and  medium-sized business sector of Armenia (SME). The corresponding  agreement was signed on September 7 by Nikolay Podguzov, Chairman of  the Management Board of the Eurasian Development Bank (EDB), and  Artak Ananyan, Chairman of the Management Board at Ardshinbank.

ArmInfo.On September 7, Governor at Central Bank of Armenia (CBA) Martin Galstyan received a delegation from the Eurasian Development Bank, headed by Chairman of the Management Board of the Eurasian Development Bank (EDB). the  press service of the RA Central Bank reports.

ArmInfo.

ArmInfo. The World Bank (WB) sees the need to strengthen cooperation with the Ministry of Education, Science, Culture and Sports of Armenia. This was stated by  World Bank Regional Director for the South Caucasus Sebastian  Molineus, during a meeting with the Minister of Education, Science,  Culture and Sports of Armenia Vahram Dumanyan.

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ArmInfo. The volume of cargo transportation in Armenia in January-July 2021 accelerated the y-o-y growth to 15.5% (from 3.4% a year earlier), amounting to  8,946.2 thousand tons. Of these, 67.8% or 6,073.1 thousand tons are  accounted for by road transport with a y-o-y growth of 27.2%.

ArmInfo. Russia and China remain the main foreign trade partners of Armenia. According to the final data of the Statistical Committee of the Republic of Armenia,  the leadership in Armenia's foreign trade turnover is held by Russia  with a volume of $ 1.3 billion in January-July 2021, with the change  of the y-o-y dynamics from 3.3% decline to 18.4% growth.

ArmInfo.. The RA Ministry of Finance, the Eurasian Development Bank (EDB) and the Analytical Credit Rating Agency (ACRA) signed a tripartite Memorandum of  Understanding. The document was signed by RA Finance Minister Tigran  Khachatryan, EDB Management Board Chairman Nikolay Podguzov and ACRA  Agency General Director Mikhail Sukhov.

ArmInfo.Armenia's foreign trade turnover in January-July 2021 amounted to $ 4.3 billion, with an improvement in y-o-y dynamics to 15.1% growth (from an 11.3%  decline a year earlier).