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ArmInfo. "We communicate with our cargo carriers on a daily basis, and the problem is not so  serious; companies can adapt to new requirements," Armenian Minister of Economy Vahan Kerobyan stated during government hour in Parliament, answering a question about the situation in Upper Lars in  view of Georgia's new requirements regarding restrictions on the number of tanks on vehicles. He emphasized in this regard that, of course, manufacturers are unhappy, but there are solutions.

ArmInfo.The main reason for the reduction in tax payments by Zangezur Copper-Molybdenum Combine  CJSC was the decline in world prices for copper and molybdenum, Armenia's Vice-Premier Mher Grigoryan stated on February 7 during government hour in the National Assembly of the Republic of Armenia.

ArmInfo. 47 Armenian producers will present their products at the international food and beverage exhibition Gulfood 2024.

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ArmInfo. By the end of 2023, for the first time, Armenia's foreign trade turnover will exceed 110%  of the country's GDP, and the negative balance of foreign trade will approach zero. Armenian Minister of Economy Vahan Kerobyan stated on February 6 at a plenary session of Parliament.

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ArmInfo. The effect of external factors on Armenia's GDP growth in 2022 amounted to over 6%,  with the rest being due to the internal potential, Armenia's Deputy Minister of Economy Rafael Gevorgyan stated in an interview as he commented on the argument that the 2- digit economic growth in Armenia was due to relocated employees. 

ArmInfo. The decision to sell HSBC Armenia follows a strategic review, and aligns with the HSBC Group strategy to redeploy capital from less strategic or low-connectivity businesses into higher-growth opportunities globally. This is stated  in the official News Release of HSBC Armenia Bank regarding its sale  to the largest Armenian banking group, Ardshinbank CJSC.

ArmInfo. Ardshinbank, the largest Armenian banking group, is today announcing it has reached a binding agreement with HSBC Europe B.V., a subsidiary of HSBC Holdings plc, to acquire its fully owned banking subsidiary in Armenia. 

ArmInfo. The extension of high rates of state duties on exported ferrous and non-ferrous metals  in Armenia for six months will allow increasing the volume of metallurgical production,  Minister of Economy Vahan Kerobyan stated on February 6 at the plenary session of the National Assembly of the Republic of Armenia, presenting the amendments to the law "On State Duty" in the second and final reading.

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