Representatives of the U.S. engineering and consulting company AECOM were in Armenia last week to assess the proposed TRIPP site, the U.S. Embassy in Armenia said. “The AECOM team and partners from the Government of Armenia surveyed the TRIPP site to support the planning of a railway and other infrastructure that will promote economic growth,…
Armenian Economy Minister Gevorg Papoyan said at a government meeting that flower exports had increased. “Yesterday alone, for example, we exported 139,000 flowers. We believe certain mechanisms are already in place that will help resolve this issue,” he said, according to Radar Armenia. Prime Minister Nikol Pashinyan also noted that Armenia had not recorded an…
The temporary manager of Electric Networks of Armenia (ENA), Romanos Petrosyan, said the company had inventory worth 7-8 billion drams that had been purchased but was unsuitable for the utility’s operational needs. According to Petrosyan, deliveries worth 12 billion drams are expected over the next two to three months, increasing the total value of inventory…
Armenian Economy Minister Gevorg Papoyan, who was on a working visit to Yekaterinburg, Russia, took part in the Innoprom International Industrial Exhibition and attended the latest meeting of the Eurasian Economic Union (EAEU) Industrial Policy Council, Armenia’s Ministry of Economy said. Speaking at the eighth meeting of the EAEU Industrial Policy Council, Papoyan said the…
The Armenian government has approved a program to subsidize interest rates on loans for greenhouse operators, aiming to support producers and ensure the continued cultivation of vegetables, berries, and flowers, the Ministry of Economy says. The program is open to legal entities and individual entrepreneurs operating greenhouses of at least one hectare that produced and…
Armenian Prime Minister Nikol Pashinyan ruled out a repeat of the 2013 scenario, when Armenia abandoned its Association Agreement with the European Union and instead opted to join the Eurasian Economic Union (EAEU). He made the remarks during a joint press conference with European Commission President Ursula von der Leyen. According to Pashinyan, such a…
If Russia closes its market to Armenian products, the European Union will open its 450-million-consumer market to Armenian goods, European Commission President Ursula von der Leyen has said during a meeting with Armenian Prime Minister Nikol Pashinyan in Yerevan. In addition to economic guarantees, von der Leyen said the EU also planned to make significant…