ArmInfo.The Commission for Protection of Competition (CPC) of Armenia has proposed to introduce  a program to subsidize the production of fruit vodka to support legitimate economic entities that will adhere strictly to established standards.

ArmInfo.Temporary import of vehicles registered in a non-EAEU member state to the customs  territory of the Eurasian Economic Union (EAEU), in this case the Republic of Armenia, by foreign individuals, as well as individuals of the EAEU member states, for personal use is permitted for a period of no more than 1 year. There is currently no other legal regulation establishing other terms for the temporary import of vehicles, the press service of the State Revenue Committee (SRC) of Armenia reports.

ArmInfo.Despite the fact that the Upper Lars checkpoint on the Russian-Georgian border is open  for traffic, 324 heavy-duty trucks from Armenia have accumulated at the checkpoint. This was reported by the North Ossetia Traffic Organization Center.

ArmInfo. The South Caucasus Railway Company announces spring discounts on the purchase of tickets  for the international train Yerevan-Tbilisi-Yerevan.

ArmInfo. The day before, RA Deputy Prime Minister Mher Grigoryan received World Bank (WB) Country  Director for the Caucasus Region Roland Price.

ArmInfo. Ameriabank is the absolute leader in the Armenian banking system in terms of its  portfolio of dram car loans, covering over 50% of the market as of December 31, 2024. Ameriabank increased its portfolio of these loans by 49% in 2024. This is noted in the message of Ameriabank.

ArmInfo.AraratBank has earned the distinguished Partner of the Year title from Ria Money Transfer for its outstanding performance in 2024.

ArmInfo.

ArmInfo.The Armenian authorities are expanding the range of social expenses on healthcare and education reimbursed within the framework of the general declaration of income of individuals. Thus, the Ministry of Finance of Armenia, which develops the country's tax policy, has adjusted the law to the wording previously voiced by Prime Minister Nikol Pashinyan. The corresponding resolution was adopted on February 13 at a meeting of the Cabinet of Ministers.

ArmInfo. Chairman of the Military-Industrial Committee (MIC) of the Ministry of High-Tech Industry of the Republic of Armenia Aram Jivanyan together with Deputy Minister of Defense of Armenia Karen Brutyan met in India with the head of the Defense Research and Development Organization (DRDO) Dr. Samir V. Kamath.

ArmInfo. There are still no calculations in Armenia on the optimal volumes of electricity consumption, on the basis of which it would be possible to build generation facilities. This was stated by energy efficiency expert  Astkhine Pasoyan during the panel discussion "Energy Security of the Republic of Armenia. Challenges and Solutions". 

ArmInfo.On February 13, the Government of Armenia approved the draft decree of the President of  the Republic of Armenia <On approval of the financing agreement between the Republic of Armenia, Romania and the European Commission <Interreg NEXT Program for the Black Sea Basin> with a total budget  of 72 million 275 thousand euros.

ArmInfo. The issue of liberalization of the electricity sector in Armenia is one of the most discussed today. This was stated by Seda Shahinyan, Head of the  Legal and Licensing Department of the Public Services Regulatory  Commission of the Republic of Armenia, during the panel discussion  "Energy Security of the Republic of Armenia. Challenges and  Solutions". 

ArmInfo. Armenia needs conditions for solar, hydro energy to be basic -  ex-official 

ArmInfo. Taking into account the growth rate of the Armenian economy for the next 10 years, the construction of a new high-capacity nuclear power unit in  Armenia is impractical, especially given its further safe operation.  This was stated by former Deputy Minister of Territorial  Administration and Infrastructure of the Republic of Armenia Hakob  Vardanyan during the panel discussion "Energy Security of the  Republic of Armenia. Challenges and Solutions". 

ArmInfo. The Chairman of the Central Bank of Armenia, Martin Galstyan, has emphasized the importance of developing financial systems in addition to ensuring stability and a safe investment environment. He made these remarks during a panel discussion <Paving New Paths to Growth through Reforms in Armenia>, held on the sidelines of the presentation of the World Bank (WB) report <Middle Income Trap: Implications for Armenia>.

ArmInfo.

ArmInfo.Prime Minister Nikol Pashinyan assures that there is no country in the world that implements both turnover tax and value added tax  simultaneously. He stated this on February 12 during the government hour in parliament, while trying to justify the government policy to raise the turnover tax rate.

ArmInfo.

ArmInfo.  Telecommunications operator Viva Armenia has announced issuance of its first nominal, coupon paying, dollar -denominated bonds with a total face value of $80 million, with Ameriabank acting as the underwriter for these bonds. This was noted in the message of Viva Armenia CJSC, which  states that the c placement of the bonds will begin on 12 February  2025  and will be completed on June 23.