“We have set the goal to create a favorable investment climate through deep reforms” - Prime Minister attends the annual meeting of the Belgium and the Netherlands-led subgroup of International Monetary Fund and World Bank
Prime Minister Karen Karapetyan attended today the annual meeting of the Belgium and the Netherlands-led subgroup of International Monetary Fund and World Bank, which is being held in Dilijan. In his welcoming speech the Prime Minister said that meetings like this can serve as a good platform for effective cooperation, as well as for finding solutions to the problems facing the member countries, and went on to stress that there is still huge untapped potential in this respect.... more »
PM Receives Skolkovo Business School Representatives
Prime Minister Karen Karapetyan received today a delegation of students and alumni from the Moscow-based Skolkovo business school. The meeting discussed issues related to possibilities for implementation of investment projects in Armenia. In this context, the Prime Minister referred to the steps taken by the Government to improve the business environment and implement reforms in different sectors of the economy.
“31 percent increase in airborne passenger traffic over the first five months of 2017” - PM Visits General Department of Civil Aviation
Prime Minister Karen Karapetyan visited the General Department of Civil Aviation (GDCA) to get acquainted with the developments in the aviation industry and discuss the upcoming projects. Karen Karapetyan first called at the aerodrome and air traffic control centers, where he was briefed on their activities. The Premier was told that an unprecedented rise in the airborne passenger traffic was recorded in 2016, reaching the mark of 2 million 117 thousand. The passenger and freight traffic... more »
Prime Minister: “Taxi services do not meet the necessary quality and regulatory standards”
A Cabinet sitting was held today, chaired by Prime Minister Karen Karapetyan. Before proceeding to the agenda, the Prime Minister gave a number of instructions. Referring to transportation services provided at Zvartnots airport, the Prime Minister said, “After studying the current situation with the taxi services provided at Zvartnots airport, we can state that they do not meet the necessary quality and regulatory standards. This state of affairs is of great concern to us, given... more »
Prime Minister Karen Karapetyan Extends Condolences to Iranian First Vice President Es’haq Jahangiri
Prime Minister Karen Karapetyan sent a condolence cable to First Vice President Es’haq Jahangiri of the Islamic Republic of Iran. “I was deeply concerned to learn of the shooting and explosion that hit the Imam Khomeini Mausoleum and the Iranian Parliament, killing many people and leaving numerous injured. We strongly condemn terrorism, the fight against which is a common interest. Offering my deep sympathy and condolences to the victims’ families and friends, I wish... more »
Karen Karapetyan Welcomes President of World Information Technology and Services Alliance
Prime Minister Karen Karapetyan received today President of the World Information Technology and Services Alliance Ms. Yvonne Chiu. Stressing the importance of holding a world conference on information technology in Armenia in 2019, the Prime Minister said the Government will make every effort to organize the conference at the highest possible level. “We are confident that the forum will help develop Armenia’s IT sector and boost the implementation of the existing... more »
Government of Armenia, GS Inima Environment S.A. to cooperate in the field of improving water infrastructure
Attended by Prime Minister Karen Karapetyan, a memorandum of understanding was signed today between the Ministry of Energy Infrastructures and Natural Resource-affiliated State Water Management Committee and the Spanish GS Inima Environment S.A. company. The document was signed by Head of State Water Management Committee Arsen Harutyunyan and GS Inima Environment S.A. Chief Executive Officer Marta Verde Blaskez. GS Inima Environment S.A is a leading water sector management company,... more »
PM Briefed on Progress in Kumayri Historic Center Rehabilitation Project
Prime Minister Karen Karapetyan held a consultative meeting to review progress in Kumayri Historic Center Rehabilitation project. The Premier was told that the Kumayri Revival non-public specialized contractual investment fund has already been registered and the bank accounts opening process is underway at this point of time. Investments are being attracted and assets purchased within the target site. According to the officials, the project has aroused great interest among private... more »
Government Reviews New Investment Programs Submitted from Ararat, Armavir Marzes of Armenia
Chaired by Prime Minister Karen Karapetyan, a consultation was held in the Office of Government to discuss new investment programs presented from Ararat and Armavir Marzes of Armenia. The business programs mainly bore on winemaking and vodka production, organic farm product processing, agricultural machinery production, expansion of greenhouses, etc. Details were provided on the projects’ feasibility studies and financial estimates. Stressing the need to make an accurate... more »
PM Receives German Development Bank (KfW) Delegation
Prime Minister Karen Karapetyan received today a delegation led by German Development Bank (KfW) Regional Director Olaf Zimelka. The Premier stressed the importance of ensuring continuity in the KfW-supported programs in various sectors of the Armenian economy. Taking the opportunity, Karen Karapetyan introduced his government’s priorities, reforms, and in particular, the steps aimed at improving the business environment and attracting investment. Noting that the partnership... more »
