ArmInfo.In 2021, the Starmus International Festival will be held in Armenia for the first time. The Minister of High-Tech Industry of the Republic of Armenia  Hakob Arshakyan stated this on January 24 from the rostrum of the  parliament.

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ArmInfo.It is planned that the Transparency Initiative will be extended to the sphere of  Armenian energy. At a meeting on January 24, the country's parliament  continued discussions on amendments to the law "On Energy".

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ArmInfo. In order to protect economic competition, a unified register of state assistance will be formed in Armenia. Amendments to the Law on the Protection of  Economic Competition in the second and final reading were approved at  a parliament meeting on January 24.

ArmInfo. The National Assembly of Armenia at the meeting on January 24 in the second and final reading amended the Tax Code.

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ArmInfo.The financial market of Armenia starts the year 2020 with the same confidence with which the previous one was completed. This was announced on January  23 by Prime Minister Nikol Pashinyan on his Facebook page.

ArmInfo.The amount of benefits to poor families from 30 thousand drams will be reduced to 28 thousand drams. This decision was unanimously adopted at a meeting  of the RA Government on January 23.

ArmInfo. Ardshinbank, rated Ba3/-/B+, sold its $300m five year bond from a book of over $450m through joint bookrunners Citi and Renaissance Capital. The deal was  sold at par with a coupon of 6.5%, according to the information  published on the website Global Capital.

ArmInfo.At a meeting on January 23, the Armenian government approved the Strategy and measures to increase the efficiency of the use of agricultural land.    As RA Minister of Economy Tigran Khachatryan noted in his speech,  within the framework of the Strategy, it is envisaged to carry out 8  activities, of which they will be implemented before the end of the  second quarter of 2020, and the rest within 2-3 years. It is  envisaged, in particular, to complete the process of mapping land of  agricultural importance, evaluate it, identify the amount of unused  land, offer farmers, depending on the region, to sow specific crops  on the used areas, conduct periodic monitoring of land use  efficiency. In this regard, it is also envisaged to create an  electronic platform on which all legal acts, including legislative  ones, will be placed. The proposed activities, as noted by the  Minister, will increase interest in this type of business, as well as  improve the quality of land use.

ArmInfo. Armenian "Dustr Marianna" company will receive benefits for the import of milk cream from Iran. The decision on this was made at a meeting of the RA  Government on January 23.

ArmInfo.A possible increase in the cost of gas for the Armenian consumer, according to my calculations, will not exceed 4-4.5%. MP of the National Assembly of  Armenia from the 'My Step" bloc Hayk Gevorgyan expressed a similar  opinion to ArmInfo.

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ArmInfo.Investors in Armenia will have the opportunity to receive interest from the first day of deposit. Amendments to the Civil Code were introduced at the  sitting of the RA National Assembly on January 23 in the first  reading.

ArmInfo. The Armenia-European Union Investment Forum is of great importance in  terms of determining its strategic goals. This was announced at the  first meeting of the interdepartmental commission on the organization  of the forum by Deputy Prime Minister Tigran Avinyan.

ArmInfo. Subvention programs should be the cornerstone of territorial development strategies. This was announced by the Prime Minister Nikol Pashinyan during a meeting in the Government of the Republic of Armenia, in which the heads of regional administrations took part.

ArmInfo. VTB Bank (Armenia) offers to issue pawnshop loans secured by gold products under the most favorable conditions.