ArmInfo.Armenia is ready to introduce a trade-in system. On May 26, the RA Parliament adopted in the second and final reading the package of laws "On Amendments to the RA Tax Code", "On Amendments to the RA Law" and ''On State Duty  "initiated by the government.

ArmInfo.The Armenian-Iranian business forum was held in the capital of the Islamic Republic of Iran in Tehran with the assistance of the Embassy of the Republic of  Armenia.  As reported by the press service of the State Revenue  Committee (SRC) of Armenia, the event was organized at the Iranian  Chamber of Commerce and Industry within the framework of the working  visit of the Chairman of the State Revenue Committee Eduard  Hovhannisyan to Iran.

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ArmInfo.In the real estate market of Armenia, in April 2021, transactions for the purchase and sale of apartments in the capital decreased by 7.1% with a weak 0.5% rise in  prices. And on a y-o-y basis (compared to April 2020) a 4.7-fold  increase in the number of transactions was accompanied by a 6.2% drop  in apartment prices. This is evidenced by the data of the State  Committee of the Real Estate Cadastre.

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ArmInfo.A Memorandum of Understanding was signed between the Ministry of Economy of Armenia and the Ministry of Roads and Urban Development of the Islamic  Republic of Iran on May 24. The document, according to the press  service of the RA Ministry of Economy, in particular, provides for  the creation of a joint working group headed by the Deputy Minister  of Economy, which will study the problems hindering trade and  economic relations and make proposals for their elimination.

ArmInfo. In Armenia, economic activity in January-April 2021 increased by 2.6% per annum (against a 1.7% decline a year earlier), against the backdrop of an increase in  exports and imports by 16.7% and 2.2%, respectively. According to the  preliminary data of the Statistical Committee of the Republic of  Armenia, in the sectoral breakdown, growth was demonstrated by all  sectors, except for the service sector, and data on the agricultural  sector are published in the statistical report only on a quarterly  basis.

ArmInfo.According to expert assessments, the amount of carbon dioxide emissions in atmosphere decreased by 2.4 billion tons in 2020 - about 7%, compared to 2019. This indicator is historical minimum throughout the entire period of observations. The results of the study were published in the well-known scientific journal Earth System Science Data.

ArmInfo.Mr. Francis Malige, Managing Director, Financial Institutions for the EBRD, speaks on how challenging the 2020 was for EBRD, the global economy recovery after the crisis, likelihood of new projects and opportunities, current state of the banking system in Armenia and fruitful cooperation with Ameriabank.

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ArmInfo.In the banking system of Armenia, the accelerated growth of non-performing loans (NPL) in 2020 continued in Q1 2021. In such a situation, the "indulgences"  undertaken by the regulator to shift part of the burden of bad loans  from 2020 to 2021 are likely to weigh down the already toxic loan  portfolio, as a result of which profits will linger in the downturn.

ArmInfo.The 20th International Specialized Exhibition has opened in Yerevan. The exhibition, which will last for three days, is organized by the LOGOS EXPO Center together with the Union of Manufacturers and Businessmen  of Armenia.

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ArmInfo.Russian leader Vladimir Putin on May 21 at a meeting of the Supreme Eurasian Economic Council (SEEC) called for a prompt response to changes in prices for important goods.

ArmInfo.Russian President Vladimir Putin has proposed creating a bank of climate data and digital initiatives, including those related to carbon footprint accounting,  within the framework of the Eurasian Economic Union (EAEU). He put  forward such an initiative on May 21 at a meeting of the Supreme  Eurasian Economic Council (SEEC).

ArmInfo. President of Belarus Alexander Lukashenko believes that it is necessary to avoid payments  in US dollars when trading  hydrocarbons in the Eurasian Economic  Union (EAEU). As reported by Kommersant, he also called for  accelerating the formation of common energy markets by the EAEU  countries. He announced these initiatives during a speech at a  meeting of the Supreme Eurasian Economic Council.

ArmInfo.Armenia attaches great importance to the formation of a single gas market for the Union, Acting Prime Minister Nikol Pashinyan stated on May 21 at a meeting  of the Supreme Eurasian Economic Council.

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ArmInfo.On May 19, 2021, at the Best Western Congress Hotel, Armswissbank – the Implementing Partner of the Programme - organized a seminar-discussion to present the work done in the second phase of the “Scaling up green finance practices in the Republic of Armenia” programme funded by the Green Climate Fund. The studies referred to the best international practices in the field of "Green" financing and the opportunities for its introduction in the Republic of Armenia.