Conducting cargo transportation from Armenia to China and vice versa without any logistic problem: for this purpose the two countries are taking concrete actions. The discussion of this issue was included in the agenda of the Armenian delegation’s visit to China led by Prime Minister Nikol Pashinyan. Minister of High Technological Industry of Armenia Hakob Arshakyan, who was also in the Armenian delegation during the China visit, gave an...

The EU program, with a  budget of 13 million euros aimed at the development of tourism in the  three northern regions of the republic - Shirak, Lori and Tavush, was  approved by the Armenian government and may be launched in  October-November 2019. The head of the EU delegation in Armenia,  Ambassador Piotr Switalski, stated this on June 16 in an interview  with journalists in Ashotsk. According to Switalski, the...

The Board of the Central Bank of Armenia (CBA) has made a decision to keep unchanged the refinancing rate, at 5.75%, during today’s session, the CBA told Armenpress. In May 2019, 0.4% deflation has been registered compared to the 1.0% of May 2018. In such circumstances the 12-month inflation increased, comprising 2.8% conditioned with the seasonal increase of prices of several agricultural goods. Major uncertainties emerged regarding the...