Armenia and Iraq are planning to launch energy cooperation, Ambassador Hrachya Poladian said after a meeting with Iraqi Minister of Electricity, Dr. Loay Al-Khatib. “The Ambassador noted the possibility of cooperation in the field of electricity transmission from Armenia to Iraq, and the use of alternative energy sources,” the Armenian Embassay said in a tweet.…
Production of quality medical supplies has been established in Armenia, Health Minister Arsen Torosyan said in a Facebook post. While syringes, blood collection containers, insulin pen needles and other supplies are currently manufactured in the new plant, Torosyan said catheters of various sizes and for various purposes would also be produced in the near future.…
Ameriabank has received the Agent of Change award by the European Bank for Reconstruction and Development for Investment in Greenhouse in Armenia. Head of Corporate Lending Department at Ameriabank Vahan Kajayan said they had supported greenhouses engaged in growing flowers, tomatoes, and strawberries. “We have presence in almost all the provinces and work with some…
Armenia’s trade turnover with the member states of the European Union recorded a major growth in 2018, comprising $1 billion 830 million 74 thousand, moreover, the export grew by nearly 8%. The GSP+ privileged trade regime and the new electronic system for certification of origin of goods greatly contributed to the boosting of the commercial…
The government has approved the direct contract in accordance with the framework agreement signed between the government, ArmPower CJSC and RENCO S.p.A. (Italy). The contract will allow the constructer to launch the process of building and operating a new 250 MW gas-fueled combined cycle electricity station in Yerevan. The construction of the station is expected…
Romanian flag-carrier TAROM is entering the Armenian market after earlier reports of the company’s interest in the country. A presentation celebrating the launch of the airline’s activity in Armenia is slated for January 18. Representatives of the General Department of Civil Aviation, the Ministry of Transport, Romania’s Embassy in Yerevan, as well as some 80…
$38.2 million will be spent on the modernization of Shirak and Zvartnots airports in Gyumri and Yerevan respectively. When approved, the project initiated by the concessionaire of both airports will seek to ensure ICAO safety standards, the airport capacity will be made consistent with the expected increase in passenger traffic and reach the level of…