ArmInfo. In 2021, Armenia reduced the volume of exports of copper ore by 15.7% - to 429.5 thousand tons (against a decline in 2020 by 9.3%). However, in value  terms, the export of copper ore increased by 27.3%, amounting to  $769.2 million. This is evidenced by the data of the RA Customs  Service.

ArmInfo. Given the challenges of the COVID-19 pandemic, foreign direct investment (FDI) in Armenia’s pharma sector can play a catalytic role in stimulating the economy, contributing to a resilient and accessible health care system, reveals a new report produced by IFC in partnership with the UK’s Good Governance Fund. Attracting FDI will also help the country create jobs, improve market competitiveness, and boost exports.

ArmInfo.No risk of cereals deficit in Armenia now, stated Gevorg Ghazaryan, Head of the Food Safety Department.   

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ArmInfo.The electric energy output totaled 885.2mln kwh in Armenia this January, a 19.2% growth as compared with last January (against 2.2% growth the previous  year).  

ArmInfo.On March 3, Deputy Prime Minister of Armenia Mher Grigoryan received a delegation headed by Minister of Industry, Mines and Trade of the Islamic Republic of Iran Seyyed Reza Fatemi-Amin. Iranian Ambassador to Armenia Abbas  Badakhshan Zohouri also attended the meeting.

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ArmInfo. Last year, Armenia's agricultural sector recorded a 1.1% decline against a 1.4% growth in 2020, mainly due to a decline in the production of  grain-crops, RA Deputy Minister of Economy Arman Khojoyan said in an  interview. 

ArmInfo. Electricity generation in Armenia in January- December 2021 amounted to 7,674.9 million kWh, decreasing by 0.6% over the year (against an increase of  1.2% a year earlier). However, in December alone,  electricity  generation increased by 20.6% - up to 826.5 million kWh.  According  to the RA Statistical Committee, in January-December 2021, TPPs  increased electricity generation by 6.9% - up to 3,383.7 million kWh,  and HPPs - by 23.8%, up to 2,201.7 million kWh.

ArmInfo. A number of Italian companies are interested in investing in Armenia's agricultural and energy sectors, RA Minister of Economy Vahan Kerobyan wrote in a  Facebook message. 

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ArmInfo.On January 27, the Armenian government made changes to a number of programs implemented in the field of agriculture.

ArmInfo. The structure of Armenia's exports has seriously degraded over the past 20 years. A similar opinion was expressed by  Head of Management Advisory  Services at. Ameria company Tigran Jrbashyan on the air of the First  Channel.

ArmInfo.Armenia for the second time for six months extends the ban on the export of scrap metal. The corresponding decision was made at a government meeting on January  20.

ArmInfo.The expected next increase in tariffs for gas consumed by subscribers is by no means due only to the need to bring the calorie content of gas into the  norm stipulated by the agreements. Expert on energy security, doctor  of political sciences Vahe Davtyan expressed a similar opinion to  ArmInfo.

ArmInfo. Analysts of the Eurasian Development Bank (EDB) presented the first in this year macroeconomic review. Thus, according to the EDB, economic activity  in Armenia increased by 5.2% y-o-y in January-November. In November,  growth accelerated to 13.2% y-o-y (3.8% in October). This was  facilitated by increased dynamics in the services and industry  sectors, maintaining a positive trajectory in construction and trade.

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ArmInfo.Armenia's export pattern leaves to be desired, RA Minister of Economy Vahan Kerobyan stated in an interview on Wednesday.

ArmInfo.The Ministry of Economy intends to transform anti-crisis state assistance programs into development programs. Vahan Kerobyan, head of the country's  economic department, stated this in an interview on the telegram  channel of the Ministry of Economy.