‘Economics’

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    Agriculture Gets Further Backing
    A cabinet sitting was held today, chaired by Prime Minister Tigran Sargsyan. The government approved a bill on amendments to the law on value added tax providing a VAT holiday for the sales of agricultural tractors and machinery, as well as spare parts, fertilizers, seeds and pesticides in line with the government’s policy of State assistance to farmers. The bill will...
    May 20, 2011 15:38
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    VAT Excluded from Imported Agricultural Resources
    Today’s cabinet sitting backed a bill on amendments to the law on VAT. Providing his comments at the news conference which followed the cabinet sitting, Minister of Agriculture Sergo Karapetyan noted that the bill was approved in line with the government’s agriculture-supportive policy. According to the minister, the farming sector cannot develop unless access is facilitated...
    May 20, 2011 14:06
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    Yerevan Airport Reconstruction Nearing Completion
    An Argentine company managing Armenia’s main international airport pledged on Wednesday to essentially complete its multimillion-dollar reconstruction and more than double the airport capacity this year. The Corporacion America group of Eduardo Eurnekian, an Argentine billionaire of Armenian descent, took over the Zvartnots airport near Yerevan in 2002 after signing...
    May 19, 2011 0:48
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    Prime Minister to Leave for Belarus
    On May 18, a Prime Minister Tigran Sargsyan-led government delegation will leave for the Republic of Belarus on a two-day working visit. The Prime Minister is due to meet with Belarusian President Alexander Lukashenko, Prime Minister Mikhail Myasnikovich and Trade Minister Valentin Chekanov. On the second day of his visit, Tigran Sargsyan will attend the 30th session of...
    May 17, 2011 17:55
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    Border-crossing procedures to be simplified
    A cabinet sitting was held today under the chairmanship of Prime Minister Tigran Sargsyan. Before proceeding to the agenda, the Prime Minister dwelt on Republic of Armenia Control Chamber’s findings and issued a series of assignments to that effect. Backing the 2011 census program, the Government proposed the State Statistics Board to draft a census questionnaire within...
    May 12, 2011 14:27
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    (Հայերեն) Հայ ընտանիքների երկընտրանքը. երջանկությո՞ւն, թե՞ օրվա ապրուստ
    May 10, 2011 10:00
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    Prime Minister and MCC CEO visit Ararat marz
    Prime Minister Tigran Sargsyan traveled to Ararat marz where he participated in the opening of the Armarsh pump station as rehabilitated in the framework of the MCA-Armenia program. The event was also attended by Millenium Challenge Corporation CEO Daniel Yhannes, Vice Prime Minister Armen Gevorkyan and U.S. Ambassador to Armenia Marie Yovanovitch. MCA-Armenia made an...
    May 5, 2011 17:44
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    Pension laws being codified
    A cabinet sitting was held today under the chairmanship of Prime Minister Tigran Sargsyan. In line with the law on State pensions, effective since January 1, 2011, the government passed about a dozen of decisions to streamline the relationship associated with pension assignment, reassessment and payment. The government made a decision to provide monthly payments of AMD...
    May 5, 2011 13:46
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    Prime Minister attends congress of representatives of Armenian trade and industry chambers and business unions
    Prime Minister Tigran Sargsyan attended the congress of representatives of Armenian trade and industry chambers and business unions who have come together in Yerevan to set up the Armenian Trade Network association. On behalf of the Government, Tigran Sargsyan welcomed the congress and wished it successful proceedings. The head of government presented Armenia’s current...
    April 29, 2011 15:49
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    Business environment being improved
    A cabinet sitting was held today, chaired by Prime Minister Tigran Sargsyan. Before proceeding to the agenda, the Prime Minister presented the findings of the monitoring carried out in the system of immovable property cadastre. After priority action had been outlined by the head of government, the floor was given to the head of the State Committee on Immovable Property...
    April 28, 2011 15:56
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    President Sargsyan invited a meeting, which was attended by the managers and owners of the mining companies operating in Armenia
    Today, President Serzh Sargsyan invited a meeting at the administrative office of the Vellex Group companies, which was attended by the managers and owners of the mining companies operating in Armenia. Before the meeting, the President was briefed on the investment programs of the Vellex Group companies and results of the activities of the companies comprising the Group...
    April 27, 2011 17:00
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    President Serzh Sargsyan visited the “Polimer Trub” Ltd newly constructed industrial complex
    President Serzh Sargsyan visited today the “Polimer Trub” Ltd newly constructed industrial complex located in Merdzavan village of Armavir marz. After the official inaugural ceremony, the President of Armenia toured the industrial units, familiarized with the company’s development programs which include the expansion and production of new items. The idea to build...
    April 27, 2011 16:00
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    Joint RPA-EPP seminar: “The role of values in transition societies”
    Prime Minister Tigran Sargsyan joined today Jaime Mayor Oreja, European People’s Party Group deputy chairman in the European Parliament, to attend a seminar  in Yerevan entitled “The role of values in transition societies.” The seminar was also attended by Head of EU delegation in Armenia, Ambassador Raul Lutzenberger, Armenian MPs, RPA members and experts. Addressing...
    April 26, 2011 17:16
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    Message by Republic of Armenia Prime Minister Tigran Sargsyan on Armenian Genocide Victims Remembrance Day
    Dear compatriots, Today we are marking the 96th anniversary of the Genocide of Armenians. The purpose of the appalling crime which was planned and carried out by the authorities of the Ottoman Turkey during World War I was to exterminate Armenians and, as a result, to deprive the Armenian people of their historical homeland ruling out any Armenian presence whatsoever –...
    April 24, 2011 15:19
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    Armenian businessmen critical of IMF official
    Armenia’s Chamber of Commerce and Industry (CCI) and Union of Information Technology Enterprises (UITE) addressed an open letter to Head of the IMF mission in Armenia Guillermo Tolosa, in connection with his statement on tax benefits to high-tech companies. In their letter the authors express their concern over and disagreement with Mr. Tolosa’s idea, voiced at a press...
    April 23, 2011 18:46
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    National sustainable development council’s meeting
    National Sustainable Development Council met today at the Office of Government, chaired by council head, Prime Minister Tigran Sargsyan. Council Secretary, President of “Association for Sustainable Human Development” NGO Karine Danielyan reported on the current status of the UN-launched Rio+20 global campaign and Armenia’s contribution to the process. In particular,...
    April 22, 2011 18:30
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    Corruption risks to be curbed consistently
    A cabinet sitting was held today, chaired by Prime Minister Tigran Sargsyan. Before proceeding to the agenda, he referred to the recently circulated opinion that the government has changed its policy concerning local self-government authorities. Though a series of legislative initiatives and decisions passed by the government point to the fact that a policy line aimed...
    April 21, 2011 16:46
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    Tigran Davtyan: Government supportive of investment programs
    “Today the government passed another decree to provide economic incentives, build up capacity and support export-oriented programs,” Minister of Economy Tigran Davtyan told the press conference which followed the cabinet sitting. The decree provides that Ararat Group Ltd will be granted extension of the deadlines of Temporary Import customs mode until the year 2015...
    April 21, 2011 16:42
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