ArmInfo.Acting Minister of Economy of Armenia Vahan Kerobyan held talks with Minister of Industry and Trade of the Russian Federation Denis Manturov.   According to Kerobyan himself, the meeting took place in a warm and  friendly environment.

ArmInfo. The EU intends to provide Armenia with 1.5 billion euros for the implementation by 2025 of 5 key programs related to the development of small and  medium-sized businesses, stimulating the socio-economic state of the  Republic of Armenia, investments in science, IT, etc. This is stated  in the document on EU initiatives in the Eastern Partnerships>, which  was presented on July 2 in Brussels.

ArmInfo.The European Union (EU) is implementing a new economic and investment program worth 17 billion euros to improve the economic well-being of the Eastern  Partnership (EaP) countries. This was announced by the EU  Commissioner for Neighborhood and EU Enlargement Policy Oliver  Varhelyi  in his microblock on Twitter.

ArmInfo. On July 2 a solemn ceremony was held in the sport cultural center named after Karen Demirchyan on the occasion of the launch of the most advanced fiber-  optic network Next Generation Network (NGN) in Armenia. Such a  breakthrough in the history of telecommunications in Armenia was  achieved thanks to the cooperation of Telecom Armenia (TM Beeline)  and Nokia.

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ArmInfo.Converse Bank offers to become the Bank's Visa Classic, Visa Gold, Visa Business and Visa Platinum cardholder by July 31 and use the reduced 50% annual service fee for the entire term of the card. At the customer's request, the family member will also be provided with a card attached to Visa Classic, Visa Gold or Visa Platinum free of charge, depending on the type of the customer's main card.

ArmInfo.  Renowned economist, Head of Management Advisory Services at Ameria Group of Companies Tigran Jrbashyan believes that the GDP growth rate of Armenia will reach 4.5-5% in 2021. Economist, former mayor of Yerevan Vahagn Khachatryan  hopes for a higher figure. Experts said this on the air of Channel  One, discussing the macroeconomic realities of the republic.

ArmInfo. Over the last 5-6 years, the fixed capital formation index has remained at a low level in Armenia. Tigran Jrbashyan, the Head of Management Advisory  Services at Ameria Group of Companies, a well-known economist, said  this during the discussions on economic realities in Armenia on July 2.

ArmInfo.Armenia and China are discussing various directions for developing cooperation. Chinese Ambassador to Armenia Fan Yong stated this in an interview with  journalists on July 2 in Yerevan.

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ArmInfo.The International Development Association (IDA, a credit organization belonging to the World Bank Group) has prolonged the earlier decision to cancel the  application of an additional interest rate (1.7% per annum) for a  number of loans provided to Armenia for another year.

ArmInfo.Acting Minister of Economy of Armenia Vahan Kerobyan called the forecast for the growth of Armenian GDP for 2021, voiced by acting Prime Minister Pashinyan  today, at the level of 6%, instead of 3.2% laid down in the law "On  the state budget for 2021", conservative.

ArmInfo. In the real estate market of Armenia, in May 2021, 4,476 transactions for the purchase and sale of real estate were made, which exceeds the indicator of a  year ago by 53%, but a decline of 1.2% was recorded for a month  alone. This is evidenced by the data of the State Committee of the  Real Estate Cadastre.

ArmInfo. On July 1, the Armenian government approved the final conclusion of a special comprehensive examination of design and estimate documentation for the construction  of a new bridge across the Debed River on the territory of the  Sadakhlo-Bagratashen checkpoint of the state border of the Republic  of Armenia.

ArmInfo. Carolin Geginat is the Country Manager of the World Bank (WB) for Armenia as of July 1, 2021. This is stated in the message of the WB.

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ArmInfo. The United States Agency for International Development (USAID) will additionally provide Armenia with $ 8.2 million for the implementation of the program to  improve the quality of infrastructure services. The corresponding  draft decree of the RA President on introducing the 15th amendment to  the grant agreement "More competitive and diversified private  sector", concluded between the governments of the USA and Armenia,  was approved at the meeting of the RA Government on July 1.

ArmInfo.Armenia will provide financial assistance to Artsakh in the amount of about 8.8 billion drams. The corresponding decision was made on July 1 at the meeting  of the RA government.

ArmInfo.On July 1, the Armenian government made a decision to grant a customs privilege to the "Alex Textile" company, owned by businessman Samvel Aleksanyan. The decision was taken in an "non-negotiable" manner.