ArmInfo. Germany today is most interested in Armenia's energy sector, the construction of reservoirs and infrastructure; programs for the SME sector are also being considered. Armenian Minister of Economy Vahan Kerobyan announced in an interview with Public Television, summing up the results of his recent visit to Germany.

ArmInfo.

ArmInfo. The United Arab Emirates (UAE) will top the list of Armenia's investment partners for  2023 and will be the 2nd largest trade partner of Armenia, Armenia's Minister of Economy Vahan Kerobyan told Armenia's Public TV. 

ArmInfo. At the first stage, the implementation of the Dry Port project will require investments in the amount of $45 million, of which $7.9 million from the government, $37.1 million from the operating company, Charle Malas, Advisor to Armenia's Minister of Economy told Armenia's Public TV. 

ArmInfo. In order to fully use transit opportunities with Georgia, it is necessary to enter into bilateral negotiations in order to eliminate those measures that are mutually applied to cargo carriers due to the fault of the Armenian side. A similar opinion was expressed by economist Tigran Jrbashyan, presenting the results of the "Ameria" company's "Alternative Wine Export Markets" study.

ArmInfo. We have not much to boast of, our winemaking industry has not become more export-oriented. Tigran Jrbashyan, Partner, Director of Management Advisory Services at Ameria  said, ppresenting the results of the  "Ameria" company's "Alternative Wine Export Markets" study.

ArmInfo.Converse Bank announces on the completion of Euroterm CJSC corporate bonds allocation ahead of schedule. From 28.11.2023 to 12.01.2024, Converse Bank allocated bonds with total volume of AMD 500 million with a coupon rate of 12.5% and a maturity of 36 months.

ArmInfo. Zaruhi Muradyan, President of the Vine and Wine Foundation of Armenia highlights more  active diversification of sales markets for Armenian products.  

ArmInfo. The largest telecommunications operator in Armenia, Team Telecom Armenia, announced the launch of a third international communication channel of strategic importance for the country. The Internet channel will allow to diversify the infrastructure entering the country, increasing the level of Internet security.

ArmInfo.

ArmInfo.

ArmInfo.The World Bank has improved its 2023 GDP growth forecast for Armenia from the previous 4.4% to an updated 7.1% (against the actual 12.6% growth in 2022), now expecting a slowdown to 4.7% in 2024 and to 4.5% in 2025 (versus previously forecasted y-o-y acceleration to 4.8% and 5%). This is noted in the January Global Economic Prospects report published by the World Bank.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo. There was an attempt to illegally export about 66 tons of scrap metal from Armenia.

ArmInfo. Re-export did not have a significant impact on the growth rate of the Armenian economy.  Deputy Minister of Economy of Armenia Rafael Gevorgyan stated during a press conference on January 8, referring to the results of the study of the growth structure of the RA economy.

ArmInfo. The ferry service has been operating for several months, but, according to our  assessment, it has not generated sufficient interest among exporters and importers. Armenian Minister of Economy Vahan Kerobyan announced during a press conference.

ArmInfo. In 2 months, the Ministry of Economy of Armenia will present a new export strategy,  the main goal of which is the export of high-standard products that are in demand in numerous countries. Armenian Minister of Economy Vahan Kerobyan stated during a press conference on Monday.

ArmInfo.