ArmInfo. After receiving the  Operator Certificate issued by the Civil Aviation Committee of the Republic of Armenia, Fly Armenia Airways is pleased to announce the entry into the Armenian market with new profitable offers for the  Armenian public and business community.

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ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

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ArmInfo. The volume of total  foreign investments in the real sector of the economy of Armenia  decreased in the I quarter of 2020 by 38.6% y-o-y, amounting to $ 418  million, while a year earlier an increase of 12.7% was recorded. In  their structure, the volume of FDI demonstrated stagnant growth of  1.4%, amounting to $ 143 million, against a decline of 20.5% a year  earlier. As a result, the share of FDI in total foreign investments  in the first quarter of 2020 increased to 34.2%, exceeding not only  the year-ago period (20.7% in the first quarter of 2019), but also  the two-year one (29.4% in the first quarter) 2018).

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ArmInfo.

ArmInfo.  In order to promote  sustainable, innovative and market- oriented agribusiness in Armenia,  the EU Green Agriculture Initiative in Armenia (EU-GAIA) has  announced an open call for applications to support green and organic  projects.  According to the EU press service, the EU-GAIA project is  funded by the European Union and co-financed and implemented by the  Austrian Development Agency (ADA) in cooperation with the United  Nations Development Programme in Armenia. The project's Government  counterpart in Armenia is the Ministry of Economy. 

ArmInfo. In Armenia, the  investor will not receive permits for the development of deposits in  the absence of research on the reserves of the mine. The country's  parliament at an extraordinary meeting on July 8 in the first reading  discusses amendments to the law "On bowels "and in a package of  related laws.

ArmInfo. In 2019, the revenue  of the high-tech sector of Armenia showed an increase of 30% per  annum. The Minister of High-Tech Industry of Armenia Hakob Arshakyan  wrote about this on his Facebook page. In particular, he said that  the annual revenue of all companies operating in the high-tech sector  of Armenia amounted to 155.2 billion drams ($ 320 million). The  minister noted that the data are presented without taking into  account the sphere of communications and telecommunications, as well  as trade in electronic devices.

ArmInfo.

ArmInfo. The turnover of the  Armenian trade sector continues to decline. According to the RA  Statcommittee, in January-May 2020, the trade sector showed a decline  of 10.8% yoy (against growth of 9.4% a year earlier), with a volume  of 1.027 trillion. drams ($ 2.1 billion).  This decline is due to a  noticeable decline in retail sales and slightly smaller car and  wholesale trade.  However, only in May 2020, the trade sector showed  a growth of 33.3% after the April recession of 29.4%, with a volume  of 210.6 billion drams ($ 435 million).

ArmInfo.

ArmInfo.

ArmInfo. In January-May 2020, the production volumes of alcoholic beverages produced in Armenia demonstrate a downward trend. According to the RA Statistical Committee, during the reporting period, the volumes of absolutely all  alcoholic beverages produced in Armenia decreased.

ArmInfo.Under the chairmanship of Armenian Deputy Prime Minister Mher Grigoryan and Global Director of the Social Protection and Jobs Global Practice at the World Bank Michal Rutkowski , discussions were held on the issues of  digitization and decriminalization of social payments.  Representatives of the UN, the International Monetary Fund and the EU  Delegation also participated in the discussion.