During the conference the Armenian companies established ties with startup companies and investors from Spain and other countries. The Armenian startups had a unique chance at the event to be involved in the European startup ecosystem.
“Now we are holding talks with other companies as well so that the number of financial structures engaged in the project will increase. The market is open, and the more the suppliers and financial structures, the more affordable for our farmers, rural entities to acquire the machinery,” Deputy Minister Robert Makaryan said.
The field of state finance management is led by three factors: economizing, productivity and purposefulness. Vardan Aramyan, Minister of Finance of Armenia, told reporters after the Cabinet meeting. In his words these principles productively function in Armenia.
“I think we launch an important process. We held similar discussions in the Agriculture Ministry over drip irrigation, agricultural machinery leasing service. If a company in the light industry field receives a loan, we are ready to subsidize the bank interest rates for two years,” PM Karapetyan said.
“We had rather productive and dynamic negotiations with our partners, where we have certain issues, which need bilateral clarification. The forthcoming steps have been outlined and we have fixed that the third step of negotiations will be held in Brussels, upon initial agreement in the second half of June,” he said adding if everything develops this way, they’ll quickly reach end of talks.
Based on the investigation results it was revealed that people dealing with illegal business, who regularly crossed the border for trade, imported the agricultural products to Armenia by giving bribes to some workers of SRC Preclearance Control Department in Bagratashen checkpoint so that to avoid customs formulations.
In 2017, Armenia’s GDP is expected to grow by 3.2 per cent, says Vardan Aramyan, Armenia’s Minister of Finance. He spoke to Andrew Wrobel about the country’s growing macroeconomic stability and predictability, as well as the reforms that are improving the business climate.
President of Belarus Alexander Lukashenko said foreign countries can use cooperation with Minsk for entering EEU (Eurasian Economic Union) markets.
In the southern direction of the line of contact the Azerbaijani forces fired also 60mm mortar (2 shells). Artsakh’s Defense Army forces continued condently fulfilling their military tasks and took countermeasures in case of necessity.
Тoday FitchRatings has affirmed Ardshinbank’s B+ Long Term Issuer Default Rating. The Outlook has been revised from Negative to Stable.
