ArmInfo. Armenia is among the 23 best hiking trails in the world according to CNN.

ArmInfo.

ArmInfo.

ArmInfo. In Armenia, economic activity in H1 2022 increased by 11.8% per annum (against 5% growth in H1 2021 and 6.5% growth in H1 2019), which is accompanied by high growth rates of imports and exports. In June of this year, by June  2021, economic activity increased by 18.5% (against 8% growth a year  earlier and 3.4% growth in 2019), while in June 2021 alone  accelerating growth to 17% from 6.1% in May (against a similar growth  acceleration in June 2021 from 2% to 12%, and a slowdown from 8.4% to  8.2% in June 2019). This is evidenced by the preliminary data of the  RA Statistical Committee. 

ArmInfo.

ArmInfo.The Eurasian Economic Commission has approved Armenia's indicative balance of a number of agricultural products, particularly wheat, barley, corn and sunflower  oil, the RA Ministry of Economy reports. 

ArmInfo. Travel agencies are offering Russian tourists to get bank cards in Armenia. 

ArmInfo.

ArmInfo.Russian restaurateurs hope for importing alcoholic beverages from Armenia to make up for the deficit. Russian restaurants have stored up alcoholic beverages  until early autumn. The market actors hope for parallel importing,  but the prices will be 30%-50% higher, industry representatives told  RIA Novosti. 

ArmInfo.Converse Bank launches mortgage loans with bank’s own resources while offering competitive conditions. The bank offers up to 100% financing for the purchase of real estate with a repayment period of up to 20 years.

ArmInfo. In response to the publication in the newspaper “Fact” dated July 21 of this year, entitled “Is GeoProMining blackmailing the Armenian government?”, Zangezur Copper-Molybdenum Combine CJSC considers it necessary to make the following statement:

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ArmInfo.

ArmInfo.

ArmInfo. Armenia's Deputy Minister of Economy Ani Israelyan hosted representatives of the French Development Agency.

ArmInfo. From a conceptual point of view, changes to the draft law on banking secrecy, as well as insurance and insurance activities, in which there is an actual  abandonment of the principle of bank secrecy, are unacceptable.  Lawyer Arsen Sardaryan, a member of the Mantashyants Entrepreneurs  Union, gave a similar assessment.

ArmInfo.Nikol Pashinyan held a meeting with government members on the problems of grape processing in the country. It was reported that in recent years, the volume of  brandy exports from Armenia has increased significantly, similar  trends are observed with grape wine. The volume of consumption of the  latter is also increasing in the territory of the republic.

ArmInfo.On July 21, the Government of Armenia satisfied the application of MYLER Mountain Resort on exemption from import customs duties on imported technological  equipment, their components and components, raw materials and  materials imported under the investment program implemented in the  priority area.

ArmInfo.Converse Bank offers short-term loans to SMEs in three currencies– AMD, USD and EUR at 12-month maturity max for financing short-term liquidity.

ArmInfo.After the lifting of the embargo on the supply of Turkish goods, the volume of Turkey's exports to the Armenian market increased 10-fold to $76 million.  Tatul Manaseryan, doctor of economic sciences, professor, head of the  "Alternativv" research center, announced this at a press conference.