Economy

Starting from April 1, 2025, changes will be made to the European Union’s import control system, affecting businesses

The government has approved the program proposed by the Ministry of Environment, allowing the industrial fishing of 314 tons of whitefish in Lake Sevan in 2025

A refrigeration facility is being put into operation in the village of Bazum, part of the Pambak community

According to the 2024 data, the Zangezur Copper-Molybdenum Combine ranks first on the list of the largest taxpayers in Armenia. The State Revenue Committee of Armenia has published the list of the largest taxpayers for 2024.

From January to November 2024, Armenia’s foreign trade turnover reached $28.18 billion, exceeding the comparable figure for 2023 by $9.88 billion or 54.01%. This was according to data published by Armenia’s Statistical Committee.

Apartment rental prices in Yerevan have dropped. According to experts, there has been a 30% decrease in rental rates.

The Armenian government has announced plans to construct wind power plants. It is part of a state-led initiative. By 2040, the country aims to achieve a total wind energy capacity of approximately 500 megawatts.

Starting January 27, 2025, a new 20,000-dram banknote will be introduced as a legal tender. It will be accepted unconditionally at its face value without any time limitations. This was announced by the Central Bank.

Armenia is negotiating the construction of a new nuclear power plant not only with Russia and the United States but also with Korea and China. This was reported by the Ministry of Territorial Administration and Infrastructure.

The Iranian side is considering an investment program in Armenia’s agricultural sector. This was discussed during a meeting on January 23, attended by Deputy Minister of Economy Tatevik Sargsyan, Chairman of the Board of Directors of Aria Doreen Middle East Akbar Ghamkhari, and Executive Director Mahmoud Tahmasebi.