ArmInfo.In Armenia, economic activity growth in January- December 2024 slowed down to 8% per annum  (from 9.4% in 2023 and 14.2% in 2022). However, the trends in exports and imports have remained relatively stable. This is evidenced by preliminary data from the RA Statistical Committee. 

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ArmInfo. We also have a good life in the EAEU, as confirmed by the figures. Prime Minister Nikol Pashinyan stated this at a press conference on January 31.  On the other hand, he added, the authorities cannot ignore the aspirations of a of the country's population to create  alternatives for Armenia's future as today is a very important phase  for us to talk about the strategic future of our country.  But a  conversation about our strategic future cannot take place if there is  no choice. Pashinyan said.

ArmInfo. The Armenian Deputy Minister of Economy, Edgar Zakaryan, received a delegation from the  French Development Agency (AFD), that arrived to assess the macroeconomic and financial situation in the country.

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ArmInfo. The state will support exporters in the Armenian processing industry to access the markets of  EU countries and the United Kingdom, as stated by   Minister of Economy Gevorg Papoyan in an interview with Public  Television.

ArmInfo. We will tax some things based on the results of income declarations by individuals, Prime Minister Nikol Pashinyan said at a cabinet meeting on January 30, responding to citizens' concerns.

ArmInfo. Tax control over the activities of companies licensed to operate in the energy and water sectors will be strengthened in Armenia. The decision to this effect was made at a government meeting on January 30.

ArmInfo. Minister of High-Tech Industry of Armenia Mkhitar Hayrapetyan received the Ambassador of Germany to Armenia Claudia Busch.

ArmInfo. Funded by USAID, Ameria Management Advisory, Modex Consulting and international expert Andreas Klassen have developed Armenia's export strategic program, where molybdenum has been included in the list of leading products, as stated by Modex.  According to the source, in the coming years, separate actions are expected that will allow Armenia to strengthen its position on the "world map" of molybdenum producers. In modern industry, molybdenum is often used in alloys, due to its physicochemical properties ensuring the durability and resistance of equipment or individual parts in various corrosive environments, due to which such alloys are widely used in the production of missiles, chemical and pharmaceutical industry equipment, and  complex architectural structures.

ArmInfo. The Ardshinbank CJSC, which is currently in operation, has issued an explanation  regarding the Central Bank of the Republic of Armenia Council's  decision today to liquidate Ardshinbank OJSC (which went bankrupt 23 years ago). The purpose of the explanation is to prevent the spread of misleading information and provide both readers and its clients with accurate and reliable information

ArmInfo. The Central Bank of Armenia has completed the bankruptcy process of Ardshinbank OJSC after 23 years. It began in 2002 and is completely separate from the Ardshinbank CJSC that is currently operating. The Central Bank Council made the relevant decision during a meeting on January 29, 2025.

ArmInfo. On November 27, 2024, the Board of Directors of the ZZangezur Copper Molybdenum Combine (ZCMC) CJSC convened a meeting where, in addition to other issues, proposed to distribute annual dividends to the shareholders of the Company based on the Company's 2023 financial performance, including  profits from previous years, as stated by the press service of the CJSC.

ArmInfo. The Tourism Committee of Armenia has initiated a project to establish the Institute of State Guarantees tol protect the interests of tourists, including both RA citizens and foreigners. This was stated by Lusine Gevorgyan, the Chairperson of the Tourism Committee of Armenia, during a press conference on January 29. She noted that the project is currently being discussed with international donors.

ArmInfo. Armenia's accession to the European Union will result in the republic's withdrawal from the Eurasian Economic Union (EAEU) and the closure of the EAEU market for this country, as stated by Russian Deputy Prime Minister Alexei Overchuk to journalists on January 29, TASS reports.  "The solution here is obvious: opening markets with the European Union will mean closing markets with the Eurasian Economic Union. Otherwise, our  producers in the Eurasian Economic Union will suffer," the Deputy  Prime Minister of the Russian Federation noted. He specified that for  Armenia, "zeroing import customs rates with the EU will automatically  mean a return to customs and customs tariffs with the EAEU."

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ArmInfo. Armenian Prime Minister Nikol Pashinyan will not participate in the meeting of the Eurasian Intergovernmental Council scheduled for January 30-31 in Kazakhstan.  Deputy Prime Minister Mher Grigoryan will lead the Armenian delegation. This information was reported to an Arminfo correspondent by the government press service.

ArmInfo. More than half of respondents in Armenia do not know how to fill out the sensational income declaration, which came into force this year. This is  evidenced by the results of a poll by the consulting company MPG/  "Proud Chipolino".

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