ArmInfo.The member states of the Eurasian Economic Union should use every chance and strengthen Eurasian integration, which will increase the competitiveness of  national economies. Chairman of the Board of the Eurasian Economic  Commission Mikhail Myasnikovich stated on October 20, delivering a  speech at the Yerevan State University.

ArmInfo.The shortage of cement in the Armenian building materials market may  be artificial. Gegham Gevorgyan, Chairman of Competition Protection  Commission, stated this on October 20 at a government meeting in  response to Prime Minister Nikol Pashinyan's statement that there is  a shortage of cement on the market due to an increase in construction  volumes.

ArmInfo.An additional 86 million dollars will be provided to the RA Ministry of Defense   (about $86 million at the current exchange rate).

ArmInfo.Within the framework of his state visit to Bulgaria, President Vahagn  Khachaturyan visited a number of leading IT companies, the press  service of the RA President reports.

ArmInfo. The Ministry of Economy of Armenia proposed to expand the list of products, the import of which at the border will not pay VAT.

ArmInfo.Armenia will receive 33 million euros from the EU for reforms of the Ministry of Internal Affairs and socio-economic recovery in the post-pandemic and post-war  periods. On October 20, the Government of Armenia approved a proposal  to sign two financial agreements between the Republic of Armenia and  the European Commission.

ArmInfo. On October 20, the Government of Armenia approved the draft decree of the President of the Republic of Armenia "On Approval of the Memorandum of  Understanding between the Government of the Republic of Armenia and  the Government of the State of Qatar on Cooperation in the Field of  Tourism and Business Activities".

ArmInfo.

ArmInfo. Non-interest incomes from currency transactions remain the main factor of the unprecedented increase in the Armenian banks' profits, according to the data of the ARMINFO- compiled Express Ranking of Armenia Banks for September 30, 2022.  According to the data, the total net profits of the banks showed a  2.8-fold year-on-year increase, up to AMD 187.8 or $463mln at the  current exchange rate. 

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo. Economically, the highway through the Caucasian Range which is under construction in  Georgia now will be the shortest route for delivering Armenian  cargoes to Russia, Gagik Aghajanyan, Executive Director of the Apaven  foreign forwarding company, said in an interview with ArmInfo. 

ArmInfo.According to the results of the three quarters of 2022, the Zangezur Copper-Molybdenum Combine, which is part of the GeoProMining group of companies, retained its leadership among the taxpayers of the Republic of Armenia.

ArmInfo.

ArmInfo.

ArmInfo. Money transfers from Russia to Armenia for 8 months of 2022 amounted to $1.9 billion. This is evidenced by the data of the Eurasian Development Bank.

ArmInfo. Switzerland’s Symbiotics Investments ranks Armenia in fourth place, along with Peru and Uzbekistan, in terms of the volume of investments it provides. The firm is the largest private investor in the country’s financial sector, providing resources for the development of small and medium-sized businesses. Symbiotics Investments Regional Manager Alexandr Fando provided this information during a conversation with an ArmInfo correspondent during the celebration of the first anniversary of the opening of the regional office in Yerevan.

ArmInfo.

ArmInfo.