PM Chairs Discussion on Procedure for Payment of Royalties by Mining Enterprises
Chaired by Prime Minister Karen Karapetyan and attended, by the heads of the agencies concerned a consultation was held in the Office of Government to discuss the Tax Code-established procedure for payment of royalties by mining companies. Responding to the concerns expressed by business entities and based on the current market conditions, the Government decided to comply with the proposals voiced during the meeting and envisage seamless changes to the Tax Code, which is to be effective... more »
Government Continues to Discuss 2016 Performance Reports
Chaired by Prime Minister Karen Karapetyan, the Government continued discussing public agency performance reports for 2016, including their compliance with the government’s action plan 2016, priorities and assessed performance. Reports were delivered by the Minister of Nature Protection, Minister of Economic Development and Investment, the Head of State Property Management Department and the Head of State Committee for Urban Development. Minister of Nature Protection Artsvik... more »
Karen Karapetyan: “We should be short of days to complete the reforms”
Prime Minister Karen Karapetyan held a consultative meeting to discuss progress in the implementation of the government program. The Prime Minister said that the works should be based on procedures, expected per-agency investment, performance discipline, timing, as well as on State property management, alienation and public feedback. Karen Karapetyan asked the Ministers about the progress in the activities aimed at implementing the government program. The Prime Minister also spoke about... more »
“If you know what you want to get, then you have a chance of getting it” - Prime Minister discusses development prospects with the heads of community in Armavir Marz
Prime Minister Karen Karapetyan traveled to Armavir Marz. Attended by the Prime Minister, a groundbreaking ceremony for a new jewelry factory was held in Musaler community. The factory was built by Bagezyan Co., which is currently involved in Meridian free economic zone and intends to expand its business activities in Armenia through the construction of the new plant. The factory is expected to provide 500-600 new jobs, with the first building to be ready for operations later this year. The... more »
Further Development of Armenian-Kuwaiti Economic Relations in Focus
Prime Minister Karen Karapetyan received newly appointed Ambassador Extraordinary and Plenipotentiary of the State of Kuwait to the Republic of Armenia Nawaf Alenezi. Congratulating the Ambassador on assuming his diplomatic mission, the Prime Minister expressed his government’s willingness to further develop and strengthen bilateral relations. Highly appreciative of the ongoing cooperation between Armenia and Kuwait, Karen Karapepyan highlighted the potential for deepening and... more »
Government Discusses Projects Received from Tavush and Aragatsotni Marzes of Armenia
Chaired by Prime Minister Karen Karapetyan, another meeting was held in the Office of Government to discuss investment program packages received from Tavush and Aragatsotni Marzes of Armenia. The projects received from Aragatsotni Marz related to the launch of greenhouse and livestock farms, processing of agricultural products, formation of an agricultural machinery repair base, development of tourism infrastructure etc. Tavush Marz submitted projects regarding the launch of a young... more »
PM: “Government will support any project capable of changing spirit, environment and providing jobs in Gyumri”
Prime Minister Karen Karapetyan received today the representatives of Gyumri-based business entities. The Head of Government listened to their problems and proposals for improving the business environment. The representatives of economic entities submitted to the Prime Minister their projects in the field of tourism, agriculture, industrial engineering, as well as the problems related to attracting funding, dealing with transportations, provision of tax incentives, etc. Stressing that the... more »
PM Keen to Intensify Armenia-China Economic Cooperation
Prime Minister Karen Karapetyan received today Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to the Republic of Armenia Tian Erlong. The interlocutors discussed issues related to intensification of economic cooperation between the two countries. The sides expressed satisfaction with the joint projects implemented in different sectors and discussed cooperation in promising areas. Thankful for the assistance provided to our country by the Chinese... more »
Efforts to be made to ensure the launch of Armenian-Russian Investment Fund
A regular Cabinet meeting was held today, chaired by Prime Minister Karen Karapetyan. Before proceeding to the agenda, the Prime Minister issued a number of instructions. The first recommendation related to the implementation of the agreements reached during his official visit to the Russian Federation. The Head of Government told the Minister of Economic Development and Investments to work with relevant government agencies in Russia with a view to launching the establishment of the... more »
Russia-based Armenian businessmen issue statement on participation in Government’s business programs
Prime Minister Karen Karapetyan who is in Russia on official visit has met with Russia-based Armenian businessmen. The Premier gave the summary of his Cabinet’s 100-day activities and the reform process, highlighting the specific steps aimed at improving the investment environment. The Prime Minister stressed that the Government will ensure transparent, equal and competitive conditions for both domestic and foreign investors aimed at attracting foreign investment to Armenia. At... more »
