ArmInfo. AraratBank, expanding its international cooperation, has become a member of BAFT (Bankers Association for Finance and Trade). Association members collaborate and exchange best practices for implementing new and existing solutions in the field, ensuring innovation, efficiency, and financial growth.

ArmInfo. Despite the decline in interest in entrepreneurship compared to 2019, Armenia maintains a leading position in this indicator in Eastern Europe, and is among the top five countries in the world. This was stated by the managing partner of the consulting company Ameria, well-known economist Tigran  Jrbashyan, referring to the results of the second national report GEM Armenia National Report 2024/2025, prepared within the framework of the Global Entrepreneurship Monitor (GEM).

ArmInfo.One of the problems in the business sector in Armenia continues to be the fact that the majority of the country's businesses (65-70%) are engaged in extractive activities or consumer services (mainly retail trade).

ArmInfo. Over the past 3 days, 69 trucks with cognac have departed from the Georgian customs checkpoint Gezi and are now en route to the Upper Lars checkpoint, as reported by  Minister of Economy Gevorg Papoyan.  In a post on social  media, Papoyan mentioned that efforts are being made with the Georgian side to expedite  the passage of Armenian heavy trucks. 

ArmInfo. On June 27, the Minister of Economy of the Republic of Armenia, Gevorg Papoyan, received the  head of the World Bank  Country office in Armenia, Caroline Geginat, who is concluding her mission in the country. Deputy Minister Lilia Sirakanyan was also present at the meeting, according to the press service of the department.

ArmInfo. RA Minister of Economy Gevork Papoyan continues to provide updates on the supply of agricultural products from Armenia to Russia.

ArmInfo. On the Armenian interbank currency market, there has been  a decrease in dollar transactions and a significant increase in ruble transactions. Euro transactions have not been conducted for a month. Specifically, the weekly trend for ruble transactions shifted from a 73.3% decline to a 5.3-fold increase, while dollar transactions went from a 2.3-fold increase to a 41% decline. As a result, ruble transactions are now prevailing over dollar transactions  by 2 times, whereas just a week ago, dollar transactions were ahead of  ruble transactions by 4.3  times.

ArmInfo.

ArmInfo.

ArmInfo."We met with the Minister of Territorial Administration and Infrastructure of Armenia David Khudatyan in Istanbul," Turkish Minister of Energy and Natural Resources Alparslan Bayraktar wrote on his social media account.  

ArmInfo. Armenia's simultaneous membership in the EU and the EAEU is impossible, but Russia will  respect Armenia's choice, said Russian Deputy Prime Minister Alexei Overchuk, as reported by Interfax.

ArmInfo. On June 27, RA Prime Minister Nikol Pashinyan participated remotely in the regular meeting of the Supreme Eurasian Economic Council.  

ArmInfo. June 27 is declared as Micro, Small and Medium-Sized Enterprise Day. In our country, the MSME sector contributes substantively to both the overall growth of the economy and the development of its separate sectors. The RA banks are the primary source of SME financing: in 2024 alone, the volume of loans provided to SMEs amounted to around AMD 1.6 trillion.

ArmInfo. A draft law on the seizure of Electric Networks of Armenia (ENA) CJSC has been published on the official website of the Armenian Parliament, which is a classic indirect expropriation from the point of view of international investment law. This opinion was expressed by the head of the public organization "International Center for the Development  of Parliamentarism", an expert on constitutional law Goar Meloyan.

ArmInfo. The Armenian authorities have proposed to amend two laws that are aimed at  starting the nationalization procedure of Electric Networks of Armenia CJSC - the law "On the Public Services Regulatory Authority" and the law "On Energy".

ArmInfo. As of now, 60-70% of the work defined in the roadmap for the implementation of the Comprehensive and Enhanced Partnership Agreement between Armenia and the European Union has been completed. This was stated by Deputy Minister of Economy of the Republic of Armenia Anushik Avetyan during  working discussions in the country's parliament, as reported by the press service of the National Assembly of the Republic of Armenia. 

ArmInfo. Today, Armenia is a country that offers complex and comprehensive technological solutions  and services, as stated by Armenian Prime Minister Nikol Pashinyan,  during his address (via videoconference) at  the plenary session of the Eurasian Economic Forum in Minsk.

ArmInfo.During a regular session on June 26,, the Government of Armenia approved the proposal to sign an  agreement on economic partnership between the EAEU and its member states and the UAE.

ArmInfo.In the near future, as part of an agreement with Tbilisi, several dozen more cars will  depart from the Gezi terminal, as stated by the Minister of Economy of Armenia, Gevorg Papoyan, in a conversation with journalists.

ArmInfo.