The barber is asked what the reason of cancer emergence is and he says: from shaving at home. We use this humor to show how the so-called cause-and-effect connection may be distorted and introduced per appropriateness.
The construction of Armenian-Iranian railway is still being discussed. Vahan Martirosyan, Minister of Transport, Communication and Information Technologies, said there is a concession contract with a company within the framework of which discussions are being held with investors and that company.
“EEU starts to overcome implications of unfavorable economic atmosphere,” Tatyana Valovaya, Member of the Board – Minister in charge of Integration and macroeconomics of the Eurasian Economic Commission (EEC), told reporters today, introducing important economic indices of EEU for 2016.
“Right now we are holding a referendum on April 16 and after that we could choose to do a second one on the (EU) accession talks and we would abide by whatever our people would say there,” Erdogan saying as quoted by Deutsche Welle.
In the beginning of ongoing year after the update a curious snapshot was observed. It turned out that in December 2016 compared with the same period of previous year money transferred to Armenia recorded sharp growth (by USD 43.5 million or 26%).
“I’m sure it’ll open wide perspectives for economic development. On March 3 I met Denis Manturov, Minister of Trade and Industry of Russia, in Moscow and we discussed issues on bilateral cooperation on agricultural equipment, radio-electronic industry, as well as on establishment of Russia-Armenia fund.”
The launch of activities of “Investors’ club of Armenia” nonpublic contractual investment fund was officially heralded on March 25 with the participation of the Prime Minister of Armenia Karen Karapetyan and over 3 dozens of Diaspora Armenian businessmen from the Russian Federation.
The Central Bank of Armenia informs that on March 23 1 the USD exchange rate was 483.51 AMD which is an increase of 0.04 drams (AMD) compared to the previous day.
From the beginning of the week abundance of Iranian tourists was observed in the capital. Novruz Bayram—New Year of Iranians has brought them to Armenia, which starts from the fourth week of March and lasts for 13 days. In the period of those two weeks Armenia welcomes 20-25 thousand Iranians.
Based on result of the first two months of ongoing year economic activity index (EAI) comprised 6.2% (compared with January-February of the previous year). On monthly basis February 2017 compared with February 2017 economic activity grew by 6%.