ArmInfo.AEON Corporation is showing interest in the construction of a copper smelter (smelter) in Armenia. This was stated by the head of the corporation, Russian businessman Roman Trotsenko in Yerevan at the presentation of the Geopromining company, controlled by the AEON Corporation, which owns two large assets in Armenia: the Agarak Copper-Molybdenum Combine, and the GPM GOLD company, which operates the Sotk gold deposit and the Ararat Gold Recovery Plant.

ArmInfo.

ArmInfo. According to the statistics department of the Eurasian Economic Commission (EEC), in the Q1 of this year the net inflow of mutual direct investments in  the Eurasian Economic Union amounted to $ 663.2 million, or 93% to  the level of the corresponding quarter of last year.

ArmInfo.The EEC Department of Macroeconomic Policy has improved the forecast for GDP growth of the Eurasian Economic Union (EAEU). This was announced  during a briefing on September 22 by Iya Malkina, Assistant to the  Chairman of the Eurasian Economic Commission (EEC).  According to  her, in 2021, GDP is expected to grow by 4.1% in the EAEU, after  reducing by 2.9% in 2020. Earlier, the Department forecasted the  growth of the EAEU GDP by 3.8%.

ArmInfo.The premium VISA Signature card offers various benefits during your trips. Furthermore, this type of card issued by Converse Bank also provides additional opportunities. In particular, the Bank's VISA Signature cardholders will have access to the services of Zvartnots Airport Business Lounge, with two children under the age of 14, without entrance and service fees. Only 100 AMD will be charged from the card for entry validation. These cardholders will also be eligible to a credit limit, which, too, can be used for travelling purposes.

ArmInfo.Governor of the Central Bank of Armenia Martin Galstyan and member of the Board (Minister) for Economics and Financial Policy of the Eurasian  Economic Commission (EEC) Ruslan Beketayev during a meeting on  September 22 discussed issues of Eurasian integration. ArmInfo was  informed about this by the press service of the RA Central Bank.   Martin Galstyan and Ruslan Beketayev noted the importance of the  steps taken to deepen further cooperation.

ArmInfo. Electric Networks of Armenia CJSC, part of the Tashir Group, is starting the  implementation of the second stage of modernization of the electric  grid facilities. To this end, the company attracted loans from the  European Bank for Reconstruction and Development (EBRD) (USD 70  million) and the Asian Development Bank (ADB) (USD 35 million).

ArmInfo.The Armenian Imagine HUB by Soft company and the Skolkovo Foundation signed a memorandum on innovative cooperation. According to the press service  of the Ministry of Economy of Armenia, the document was signed during  the Armenian Business Forum, by Director of Imagine HUB by Soft Inga  Vardazaryan and and Alexander Okunev, Deputy Vice- President for  Regional Development and Cooperation with the CIS of the SKOLKOVO  Foundation.

ArmInfo. By the decision of Prime Minister of Armenia Nikol Pashinyan, Minister of Finance of the Republic of Armenia Tigran Khachatryan was appointed as Governor from  the Republic of Armenia in the Board of Governors of the World Bank  (WB) and in the Board of Governors of the Asian Development Bank  (ADB).

ArmInfo. The accelerated growth of non-performing loans (NPL) continues in the banking system of Armenia, pushing profit, and thereby depriving capital buffers of  the opportunity to replenish.

ArmInfo.The unblocking of all economic and transport links in the region will increase the trade turnover between Armenia and Russia. Deputy Prime Minister of  Russia Alexei Overchuk said this in an interview with journalists on  the sidelines of the Armenian Business Forum in Yerevan on September  20.

ArmInfo.On October 20, the Russian Export  Center (REC) will organize a business mission for Russian  manufacturers to Armenia. This is stated in the official statement of  this state organization.

ArmInfo.  Despite serious attempts to diversify Armenia's export-oriented industries, the mining industry remains the main locomotive of the country's economy. One of its largest players is the Agarak Copper-Molybdenum Combine (ACMC), which is included in the list of the largest taxpayers and is the operator of the city-forming enterprise, bordering Iran, in the southernmost region of Armenia.

ArmInfo. Iranian businessmen are interested in opening joint ventures with Armenia in  a number of areas. This was announced during a meeting between  representatives of the Union of Manufacturers and Businessmen of  Armenia and Chamber of Commerce of the city of Isfahan of the Islamic  Republic of Iran.

ArmInfo.A large Armenian-Russian business forum will be held in Yerevan on September 20 at the Marriott Armenia and Dvin hotels, which will be attended by the heads of the ministries and departments of the Russian Federation and the Republic  of Armenia, representatives of the business circles of both  countries.

ArmInfo.Gyumri Shirak Airport has all the capabilities to serve European budget flights. This was stated by Deputy Prime Minister of the Republic of Armenia  Suren Papikyan during his participation in the opening ceremony of  the reconstructed arrival hall of the Shirak Airport.

ArmInfo.Deputy Prime Minister of Armenia Mher Grigoryan hopes that it will be possible to keep the price of Russian gas in the foreseeable future. Deputy Prime Minister of the Government of Armenia Mher Grigoryan stated this in an  interview with journalists on September 17.

ArmInfo.The ruling Civil Contract party nominated Artak Manukyan for the position of a member of the Council of the Central Bank of the Republic of Armenia.  This  became known following the meeting of the Standing Committee of the  National Assembly of Armenia on Financial-Credit and Budgetary  Affairs. As a result of the voting, 4 members of the Committee voted  for Manukyan's candidacy, 1 against.

ArmInfo. Deputy Prime Minister of Armenia Mher Grigoryan is in favor of starting the process of delimitation and demarcation of the border with Azerbaijan. He stated  this to journalists on September 17, commenting on the statement of  official representative of the Russian Foreign Ministry Maria  Zakharova that the incidents on the Kapan-Goris road once again  confirm the need to start work on the delimitation and demarcation of  the Armenian-Azerbaijani border.

ArmInfo.CJSC "Agarak Copper-Molybdenum Combine" (ACMC) has completed the implementation of an investment project aimed at technological re-equipment of the enterprise.