Armenia`s government plans introducing SAFE format 

 Friday, April 26 2024 16:19:00
Armenia`s government plans introducing SAFE format 

ArmInfo.The RA government wants to introduce a new format for concluding an agreement - SAFE (Simple agreement for future equity). At a meeting on April 26, the RA National Assembly Commission on Economic Issues issued a positive  conclusion on the amendments to the law "On Joint-Stock Companies."

Deputy Minister of Labor and Social Affairs assures: There is no  limit to number of beneficiaries of Artsakh employment program in  Armenia
 Monday, April 1 2024 15:16

ArmInfo.There is no limit to the number of beneficiaries of the Artsakh employment program in  Armenia. This was stated by Deputy Minister of Labor and Social Affairs of Armenia Ruben Sargsyan during a press conference on April 1.

>>>
Kremlin does not regard Armenian banks` refusal to service Russian  Mir cards as unfriendly step
 Monday, April 1 2024 14:51

ArmInfo.The Kremlin does not regard the refusal of Armenian banks to service Russian Mir cards as  an unfriendly step, but explains this decision by pressure from the United States, follows from a statement by spokesperson of the Russian President Dmitry Peskov.

>>>
Yerevan hosts discussion of Armenia`s EAEU chairmanship  
 Monday, April 1 2024 10:24

ArmInfo.Minister of Industry and Agro-Industrial Complex of the Eurasian Economic Commission Gohar  Barseghyan made a working visit to Armenia, where she held meetings with the Chairman of the Council of the Eurasian Economic Commission, Deputy Prime Minister of the Republic of Armenia Mher Grigoryan, with  the Minister of Economy of the Republic of Armenia Gevorg Papoyan, and with other officials.

>>>
State Revenue Committee of Armenia prosecutes construction company  for tax evasion
 Friday, March 29 2024 17:55

ArmInfo.The State Revenue Committee of Armenia (SRC) brought criminal responsibility to the  developer carrying out construction activities in the Arabkir administrative district of Yerevan, for evading particularly large amounts of taxes.

>>>
Threshold for duty-free online trade to be lowered from Apr 1 
 Friday, March 29 2024 15:17

ArmInfo. From April 1, 2024, the threshold for duty-free import of goods in Armenia will be lowered to  200 euros (about 85 thousand drams) against the current 200 thousand drams, reports the press service of the State Revenue Committee of the Republic of Armenia.

>>>
Outflow of Russian capital could affect Armenia`s economy
 Friday, March 29 2024 15:12

ArmInfo.The Union of Manufacturers and Businessmen of Armenia (UMBA) hosted a discussion  on economic development trends in Armenia. 

>>>
Armenia, Korea ready to deepen economic cooperation 
 Friday, March 29 2024 13:01

ArmInfo.Armenia and Korea are ready to deepen economic cooperation by implementing new programmes,  the RA Ministry of Economy reports referring to a meeting between Armenia's Minister of Economy Gevorg Papoyan and  Mr Chung Byung-won, Deputy Foreign Minister For Political Affairs of Korea.

>>>
At request of Belarusian partners, Armenian inspectors to check  Ararat Brandy Factory products 
 Thursday, March 28 2024 17:54

ArmInfo. The food safety inspection body of the Republic of Armenia will carry out supervisory  measures at the Ararat Brandy Factory LLC, in connection with a letter received from the Ministry of Health of Belarus, which states that violations of the requirements of the EAEU technical regulations  have been identified in the products produced by the enterprise.

>>>
Syunik governor not familiar with details of residential house  construction project in Shurnukh
 Thursday, March 28 2024 14:27

ArmInfo. Governor of Syunik region Robert Ghukasyan is not familiar with the details of the  residential house construction project in Shurnukh village (Goris community), where in 2021, more than 10 families were deprived of their housing, which came under the control of Azerbaijan. He stated  on March 28 during a briefing with journalists.

>>>
Water tariff to not change in Armenia in 2024 at expense of subsidies  from state treasury
 Thursday, March 28 2024 14:18

ArmInfo.The Armenian authorities will compensate for the increase in water tariffs in 2024 at the expense of the state treasury. O On March 28, the Cabinet of Ministers approved the decision to allocate AMD 1.1 billion to Veolia Djur, the unified water supply operator in Armenia (as was done in 2023), which will allow the tariff to remain at the same level.

>>>
Armenia to take out EUR 92.3mln from WB to cover budget deficit  
 Thursday, March 28 2024 13:52

ArmInfo. The World Bank will provide Armenia with a loan of 92.3 million euros and a grant of 16  million euros to finance the budget deficit. The resolution was approved at a government meeting on March 28.

>>>
Armenia, Kazakhstan to establish joint business club  
 Thursday, March 28 2024 13:42

ArmInfo.Armenia and Kazakhstan agreed to create a joint business club following a meeting  of the business delegation of the Astana Diplomatic Club with members of the Union of Industrialists and Entrepreneurs of Armenia. 

>>>
Bolat Imanbayev: Armenia-Kazakhstan trade and economic relations are  developing dynamically; nevertheless, they do not reflect  countries`  full economic potential
 Wednesday, March 27 2024 21:22

ArmInfo.Trade and economic relations are developing dynamically in both bilateral and  multilateral formats, which is significantly facilitated by contacts at the highest level. Ambassador of Kazakhstan to Armenia Bolat Imanbayev stated during the Armenia- Kazakhstan Business Forum.

>>>
Kazakhstan offers Armenia to consider new alternative logistics route
 Wednesday, March 27 2024 17:35

ArmInfo. We want to offer Armenia an alternative logistics route that will significantly reduce  time costs for cargo carriers and which has a competitive price.  President of the "Astana" Diplomatic Club Kaiyrbolat Sakhmetov said in a conversation with an ArmInfo correspondent Within the framework  of the meeting of the business delegation of Kazakhstan with the members of the  Union of Manufacturers and Businessmen of Armenia (UMBA).

>>>
Dependence of Armenia`s economic activity on jewelry industry could  cause problems - Luys Foundation
 Wednesday, March 27 2024 13:49

ArmInfo.The sharp acceleration in the growth of economic activity in February of this year in Armenia is due to a short-term factor, reads a report by the Luys Foundation, whose experts analyzed the data of the RA Statistical Committee for January-February 2024.

>>>
Deputy Minister of Economy: Armenia-Russia cooperation potential may  be realized through cooperation projects in production sector
 Tuesday, March 26 2024 18:36

ArmInfo.There is great cooperation potential between Armenia and Russia, which can be  realized through cooperation projects in the production sector. 

>>>
Who will be beneficiaries of tax amnesty in Armenia
 Tuesday, March 26 2024 15:18

ArmInfo.The grounds for terminating tax obligations have been revised in Armenia. In  connection with the changes, the tax authority will initiate the process of terminating tax obligations on these grounds.

>>>
Belarus bans import of Ararat Brandy Company products 
 Tuesday, March 26 2024 11:41

ArmInfo. Belarus has banned the import of products from the Ararat Brandy Factory, The Kommersant  newspaper reported with reference to the relevant resolution of the Deputy Minister of Health, Chief Sanitary Doctor of the Republic of Belarus Alexander Tarasenko.

>>>
99.8% defense budget performance in 2023
 Monday, March 25 2024 12:32

ArmInfo. Armenia's defense budget totaled AMD 526.047bln in 2023, RA Minister of Defense Suren  Papikyan stated on March 25 at a meeting of the commission on defense and security of the National Assembly of the Republic of Armenia, presenting a report on the implementation by the defense department  of the RA government program for 2021-2026 in 2023.

>>>
AFD delegation presented with details of Vedi reservoir construction  and irrigation network modernization project
 Saturday, March 23 2024 11:08

ArmInfo. It is very important to institutionally strengthen and increase the capacity of water supply and sanitation services in rural settlements of Armenia.  Deputy Minister of Territorial Administration and Infrastructure of the Republic of Armenia Vache Terteryan stated during a meeting with a delegation headed by Director of French Development Agency's (AFD) regional office in the South Caucasus Fanny Delpey. 

>>>

News
Martin Galstyan points out lending activity in Armenia`s banking  system Martin Galstyan points out lending activity in Armenia`s banking  system 
Idram and IDBank at Career City FestIdram and IDBank at Career City Fest
Deputy premier: WB is not only donor organization, but also important  partner for ArmeniaDeputy premier: WB is not only donor organization, but also important  partner for Armenia
Cadastre: apartments have risen in price by 12.9% over year in  Yerevan, with purchasesale transactions increasing by 39.8%Cadastre: apartments have risen in price by 12.9% over year in  Yerevan, with purchasesale transactions increasing by 39.8%
Over 10 cases initiated against biometric personal data processorsOver 10 cases initiated against biometric personal data processors
IT companies increased tax payments to state budget by 3.5%IT companies increased tax payments to state budget by 3.5%
High-Tech Minister visits Digitain,  one of leading Armenian  companies in iGaming High-Tech Minister visits Digitain,  one of leading Armenian  companies in iGaming 
Moscow reacts to gas overtures between Yerevan and Baku Moscow reacts to gas overtures between Yerevan and Baku 
Abgar Budaghyan: In 2040-2050, Armenia will be able to independently  meet its energy demand through NPP and renewable energy sourcesAbgar Budaghyan: In 2040-2050, Armenia will be able to independently  meet its energy demand through NPP and renewable energy sources
Expert: Armenia`s energy independence level  is about 27%Expert: Armenia`s energy independence level  is about 27%
Converse Bank bonds were bought in primary market within daysConverse Bank bonds were bought in primary market within days
ACBA Bank tops list of large taxpayers among Armenian banks in Q1  2024ACBA Bank tops list of large taxpayers among Armenian banks in Q1  2024
Armenia`s government plans introducing SAFE format Armenia`s government plans introducing SAFE format 
Armenia`s Civil Aviation Committee to render paid servicesArmenia`s Civil Aviation Committee to render paid services
New regulations for fulfillment of tax obligations of organizers  engaged in gaming activitiesNew regulations for fulfillment of tax obligations of organizers  engaged in gaming activities
New tax reporting mechanism to be introduced in Armenia New tax reporting mechanism to be introduced in Armenia 
RA government to return to initial route of laying Armenia-Georgia  power line with construction of electrical substation near Ddmashen  village RA government to return to initial route of laying Armenia-Georgia  power line with construction of electrical substation near Ddmashen  village 
Yerevan ready to discuss purchase of Azerbaijani gas with Baku -  SimonyanYerevan ready to discuss purchase of Azerbaijani gas with Baku -  Simonyan
Taxable jobs 5% up in Armenia Taxable jobs 5% up in Armenia 
Binance and Binance Academy announce large-scale online educational  project Binance and Binance Academy announce large-scale online educational  project "Crypto School"
ArmSwissBank Brings Apple Pay to CustomersArmSwissBank Brings Apple Pay to Customers
Armenia participates in 80th session of UNESCAPArmenia participates in 80th session of UNESCAP
34th session of FAO Regional Conference will take place on May 14-17,  202434th session of FAO Regional Conference will take place on May 14-17,  2024
Armenian Economy Minister offers Japanese side to expand cooperation  in agriculture and water resources managementArmenian Economy Minister offers Japanese side to expand cooperation  in agriculture and water resources management
Vassilis Maragos assures: All efforts to be made for further EU  assistance to Armenian NPP Vassilis Maragos assures: All efforts to be made for further EU  assistance to Armenian NPP 
Armenia to study Lithuania`s experience in energy sectorArmenia to study Lithuania`s experience in energy sector
Armenian banks` profit increased by 18.8% per annum in Q1 2024 thanks  to similar growth in loan portfolioArmenian banks` profit increased by 18.8% per annum in Q1 2024 thanks  to similar growth in loan portfolio
Caring for nature, we have started with ourselves - Team Telecom ArmeniaCaring for nature, we have started with ourselves - Team Telecom Armenia
Delegation of Armenia`s Ministry of Finance hold important meetings  in Washington Delegation of Armenia`s Ministry of Finance hold important meetings  in Washington 
Monitoring of effectiveness of budget programmes to be conducted in  Armenia Monitoring of effectiveness of budget programmes to be conducted in  Armenia 
Up to 10% cashback from GetTransfer with IDBank cardsUp to 10% cashback from GetTransfer with IDBank cards
South Africa expresses interest in developing cooperation with  Armenia in jewelry and cutting industry South Africa expresses interest in developing cooperation with  Armenia in jewelry and cutting industry 
Armenia, UAE discuss possibilities of increasing mutual trade volumesArmenia, UAE discuss possibilities of increasing mutual trade volumes
Yerevan is trying to demonstrate to its Anglo-Saxon `bosses` its  readiness to reduce economic cooperation with Iran - political  scientistYerevan is trying to demonstrate to its Anglo-Saxon `bosses` its  readiness to reduce economic cooperation with Iran - political  scientist
KfW stands ready to support Armenian government  in implementation of  new projectsKfW stands ready to support Armenian government  in implementation of  new projects
Cooperation with German Fichtner company discussed Cooperation with German Fichtner company discussed 
Armenia, China can record much greater results both in economic and  political dialogue and cultural cooperation - MPArmenia, China can record much greater results both in economic and  political dialogue and cultural cooperation - MP
U.S. capital important for Armenia`s mining industryU.S. capital important for Armenia`s mining industry
Expert: When there is no trust between private and public sectors,  unfortunately, there is no need to talk about right decisionsExpert: When there is no trust between private and public sectors,  unfortunately, there is no need to talk about right decisions
Armenia introduces new rules for labeling carbonated, non-carbonated  watersArmenia introduces new rules for labeling carbonated, non-carbonated  waters
Arsen Bazikyan: Armenia`s agriculture is transforming into  agribusinessArsen Bazikyan: Armenia`s agriculture is transforming into  agribusiness
Armenia to join e-CMR protocolArmenia to join e-CMR protocol
Armenia`s government changes Kaps reservoir project funding Armenia`s government changes Kaps reservoir project funding 
Armenian FM, minister of economy of Saudi Arabia discuss development  of economic ties Armenian FM, minister of economy of Saudi Arabia discuss development  of economic ties 
IMF upgrades Armenia`s GDP growth forecast for 2024 from 5% to 6%,  expecting inflation at 3.1% and unemployment at 13%IMF upgrades Armenia`s GDP growth forecast for 2024 from 5% to 6%,  expecting inflation at 3.1% and unemployment at 13%
Armenia`s Deputy PM, Veolia Vice President discuss problems with  water supply to consumers Armenia`s Deputy PM, Veolia Vice President discuss problems with  water supply to consumers 
EEC Board decided to liberalize certain categories of precious  metals` import/exportEEC Board decided to liberalize certain categories of precious  metals` import/export
Earthquakes, drought could affect Armenia`s debt sustainability -  EFSDEarthquakes, drought could affect Armenia`s debt sustainability -  EFSD
Converse Bank starts initial placement of next AMD, USD bonds in  amount of AMD 5 billion, $10 millionConverse Bank starts initial placement of next AMD, USD bonds in  amount of AMD 5 billion, $10 million
USAID releases fact sheet following Joint EU-US-Armenia High Level  Meeting in Support of Armenia USAID releases fact sheet following Joint EU-US-Armenia High Level  Meeting in Support of Armenia 
Expert: Armenia has the potential to get high-quality and abundant  harvest of apricots this yearExpert: Armenia has the potential to get high-quality and abundant  harvest of apricots this year
EFSD presents assessment of potential impact of natural disasters on  debt sustainability of Armenia, Kyrgyzstan and TajikistanEFSD presents assessment of potential impact of natural disasters on  debt sustainability of Armenia, Kyrgyzstan and Tajikistan
Armenia is considering appointing attache in Silicon ValleyArmenia is considering appointing attache in Silicon Valley
Astana proposes joint investment programmes in Yerevan Astana proposes joint investment programmes in Yerevan 
Armenia, Kazakhstan have unrealized economic potential - premier Armenia, Kazakhstan have unrealized economic potential - premier 
Armenia, EU discuss expansion of economic cooperation Armenia, EU discuss expansion of economic cooperation 
Transavia airline starts operating route Lyon-Yerevan-LyonTransavia airline starts operating route Lyon-Yerevan-Lyon
EAEU and its economic principles should not be mixed with political  ambitions - Nikol PashinyanEAEU and its economic principles should not be mixed with political  ambitions - Nikol Pashinyan
Armenia, Australia to strengthen cooperation in high-tech field Armenia, Australia to strengthen cooperation in high-tech field 
Leasing EXPO -2024 officially opened in YerevanLeasing EXPO -2024 officially opened in Yerevan
Read more


Exchange rates
30.04.2024
RUB4.16-0.01
USD388.000.19
EUR416.210.59
GBP486.550.66
CAD283.50-0.55
JPY24.73-0.15
CNY53.580.02
CHF425.720.26