The Armenian government approved at the cabinet sitting today the draft decree of the Armenian president on “Promotion of Nuclear Safety in Armenia and Proposals on Implementation of Stress-Tests” funding contract signed between Armenia and EU.
The draft contract has been submitted for president’s approval. Continue reading “EU to provide 6.5 million Euros for stress tests in Armenia’s Nuclear Power Plant”
Показатель экономической активности Армении, по оперативным статистическим данным, в ноябре 2018 года по сравнению с ноябрем 2017 года вырос на 3,6%. Об этом сообщает Национальный статистический комитет республики.
Следует отметить, что экономическая активность в Армении в августе резко замедлилась за счет спада в сельском хозяйстве.
Continue reading “Экономическая активность в Армении в ноябре выросла на 3,6%”
Chinese state-owned company willing to build waste-to-energy factory in Armenia
He noted that back in August the government had initiated inter-agency meetings with this purpose. Following the meetings, a task force including all stakeholder agencies, NGOs and analytical centers was set up. Continue reading “Chinese state-owned company willing to build waste-to-energy factory in Armenia”
The Executive Board of the International Monetary Fund (IMF) discussed the Financial System Stability Assessment (FSSA) of Armenia and assessed the macroeconomic indicators of the country as sufficient, and the financial system as stable.
Below is the report as published at the official IMF website. Continue reading “Armenia’s financial system is stable: IMF Executive Board concludes 2018 assessment”
One of the emerging sectors of the Armenian economy belongs to the textile industry.
Export of textile and leather grew 2.7 times in 2017 compared
with 2014. Continue reading “Textile Industry Armenia”
The Armenian Wine-Making and Viticulture Foundation intends to hold an international enotourism (wine tourism) festival in Armenia in 2020, the head of the Foundation Zaruhi Muradyan said today.
She said wine producers from Italy and Austria are already interested in the idea. ‘We hope that our application will be officially presented at the international wine festival slated for 2019 in Spain,” she told journalists. Continue reading “Armenian Wine-making and Viticulture Foundation intends to hold international enotourism festival”
Jewelry is another much successful and developed sector in the Armenian economy.
The production of the jewelry industry (jewelry,precious metals and precious stones) grew by 35.7% in 2017. Continue reading “Jewelry Sector Armenia”
The construction of an Engineering City, aimed at developing the field of high technologies in Armenia, will be completed in 1-1.5 years, Bagrat Yengibaryan – director of the Enterprise Incubator Foundation, told reporters before the groundbreaking ceremony of the City in Yerevan on December 1.
The EIF director said there are already an engineering center, library, museums of universe, science and technologies in the other side of the area, high school will be constructed soon.
Continue reading “30 mln USD invested for construction of Engineering City in Yerevan”
Caretaker minister of agriculture Gegham Gevorgyan held a meeting today with representative of GlobalTech, a Spanish industrial production company.
The enterprise is planning to re-equip existing scientific-industrial centers in Armenia, where Armenian experts and farmers will be able to get trained. Continue reading “Spain’s GlobalTech eyes intensive farming in Armenia”
China views Armenia a friendly partner in the region and sees the prospect to develop economic relations with Armenia in the fields of infrastructures, information technologies and high technologies,
Tian Erlong – Ambassador Extraordinary and Plenipotentiary of China to Armenia, told reporters before the launch of an international scientific conference dedicated to the 40th anniversary of China’s reforms and opening-up on November 21. Continue reading “Armenia is China’s friendly partner in the region: Conference on 40th anniversary of Chinese reforms and opening-up held in Yerevan”