Economy
13/11/2018 16:06Iran offers higher price for gas than Russia: acting minister“We view the Iranian gas in the pre-context of secondary feeding. Today we have two-sided gas supply. In case of accidents on the Russian gas pipeline, according to the arrangement with Iran, we increase the volume of supply from it. But today we have no price contract with Iran as we have never received economically more grounded and available proposal from the Iranian side,” the acting minister stressed.
13/11/2018 13:53Armenia’s government to encourage work, not poverty: Nikol Pashinyan“Our issue is to conduct a policy that will promote the growth of the number of primary tax payers. As now we have a situation when these 350,000 people as tax payers bear the financial responsibility of all the state system,” he said.
13/11/2018 13:10Acting PM says Armenia’s economy freed of monopoliesThe acting PM stressed that the issue has already been solved by the eradication of monopoly in Armenia, elimination of existed restrictions, raise of bans on import and export.
13/11/2018 12:51Tax-free microbusiness to be established in Armenia: acting PMThe Armenian government has decided to set new concept – microbusiness – which will be free of all taxes, Armenia’s acting Prime Minister Nikol Pashinyan said in his speech at the NA today.
12/11/2018 13:14Armenia’s NA Committee approves 2019 budget draftThe draft budget will be discussed at the NA plenary session after which an extraordinary session will be convened for its adoption.
12/11/2018 12:42Karabakh President Bako Sahakyan convenes working consultationThe President underlined the imperative of having a realistic budget, maintaining clear-cut social directivity and proportionality, giving appropriate instructions to the heads of concerned structures to realize the set tasks.
12/11/2018 11:55Armenia’s Transport, Communication and IT acting minister, Chinese ambassador discuss cooperation issuesDuring the meeting Arshakyan also referred to the Tranche 3 construction works of the North-South transport corridor investment program carried out by Chinese company.
09/11/2018 16:04Extraordinary NA sitting to possibly be convened for 2019 draft budget approvalThe final discussions will take place until the launch of election campaign on November 26, for which more probably an extraordinary sitting will be convened.
09/11/2018 13:23Oil in bear market as supply rises and demand growth slowsBenchmark Brent LCOc1 crude oil fell to its lowest since early April, down more than 18 percent since reaching four-year highs at the beginning of October. Brent was 30 cents a barrel lower at $70.35 by 0850 GMT, down 3.5 percent for the week and more than 15 percent this quarter.
09/11/2018 11:21Armenian-Kazakh cooperation prospects in energy sector discussedDuring the meeting the interlocutors discussed a number of issues on prospects of cooperation in energy sector, referred to the conditions and opportunities existing in the Armenian market and the steps of the government addressed toward the improvement of the business environment.
08/11/2018 11:45CEC to get over 2,7 billion AMD for organization of snap parliamentary electionsAccording to the decision, the Justice Ministry will provide 10 million AMD for publication of 10,000 examples of Electoral Code, another 234 million 224,800 AMD will be allocated to the police, and 224 million 200 thousand AMD for ensuring communication services.
07/11/2018 12:13Oil dips amid well-supplied market, Iran sanction waiversWashington re-imposed sanctions against Iran’s oil exports on Monday but granted waivers to its biggest customers, allowing limited imports for the next 180 days.
06/11/2018 14:29Effects of new sanctions against Iran on Armenia examinedThe Foreign Ministry of Armenia is attentively following the developments agreed with the sanctions applied against Iran and has established a permanent communication with all sides involved in the process.
05/11/2018 12:23SME Banking Club seminar to be held in Yerevan on November 9Since 2010, SME Banking Club has been regularly organizing regional and international banking events in Poland, Georgia, Ukraine, Kazakhstan, and Egypt.
03/11/2018 14:22Iran seeks European assurances as U.S. oil sanctions loomForeign Minister Mohammad Javad Zarif spoke by telephone with the European Union’s foreign policy chief, Federica Mogherini, and his counterparts from Germany, Sweden and Denmark about European measures to counter the U.S. sanctions, the Iranian state news agency IRNA reported.