Hovik Abrahamyan, Swedish Trade Minister Discuss Ways To Boost Bilateral Economic Ties
Prime Minister Hovik Abrahamyan received a delegation led by Swedish Minister for Trade and Nordic Cooperation Ewa Björling. Appreciative of Sweden’s sustained focus on our country and the region as a whole, Hovik Abrahamyan stressed the need to further develop and expand the Armenian-Swedish cooperation. “Armenia’s government will do everything to activate and deepen the relations between our two countries. In this respect, we prioritize the opening of... more »
Amendments to Republic of Armenia Law on Administrative Offences Discussed with Prime Minister
Prime Minister Hovik Abrahamyan called today a consultative meeting to discuss the question of fines applicable for breach of traffic rules. In particular, the task force established to submit recommendations for revision of fines set for frequent violations of traffic rules reported on the proposed amendments to the law on administrative offences. The task force provided some statistics concerning the number and incidences of frequent violations of traffic rules, the amount of fines... more »
Hovik Abrahamyan, Katherine Leach Discuss Armenian-British Cooperation Prospects
Prime Minister Hovik Abrahamyan received Ambassador Extraordinary and Plenipotentiary of the United Kingdom of Great Britain and Northern Ireland to the Republic of Armenia, H.E. Mrs. Katherine Jane Leach. Welcoming the guest, the Prime Minister noted that Armenia is interested in developing multifaceted relations with Great Britain. The Premier said that economic exchanges need to be overhauled in tune with the high-level political dialogue. Stating that there is a lot of untapped... more »
By Prime Minister Hovik Abrahamyan’s decision, Artashes Nazaryan was appointed Deputy Minister of Sport and Youth Affairs of the Republic of Armenia. *** Artashes Nazaryan Date and Place of Birth June 28, 1947, Tbilisi, Georgia Education 1965- 1970, Armenian State Institute of Physical Education, specialization in Physical Culture and Sport Work Experience 1968 – 1970, Yerevan Veterinary Institute, Physical Education Chair, lecturer, coach of... more »
Prime Minister Welcomes Karl Lamers
Prime Minister Hovik Abrahamyan received member of Bundestag of the Federal Republic of Germany, former NATO Parliamentary Assembly President Karl Lamers. Pleased with the current pace of Armenian-German relations, the Premier highlighted the need to build on and further strengthen bilateral cooperation. Stressing that Germany is Armenia’s number one trade partner among the EU States, Hovik Abrahamyan highly appreciated the fact that the German government has provided Armenia about... more »
PM Pays Tribute to Memory of Andranik Margaryan
On the birthday of former Prime Minister of Armenia Andranik Margaryan of blessed memory, Prime Minister Hovik Abrahamyan visited today Komitas Pantheon in Yerevan. The country’s top leadership and Prime Minister Hovik Abrahamyan laid flowers on Andranik Margaryan’s grave, paying tribute to the memory of the outstanding political figure and statesman. A requiem service was administered on the part of the Armenian Apostolic Church clerics.
Government takes unprecedented step in support of small and medium-sized enterprises
A Cabinet sitting was held today, chaired by Prime Minister Hovik Abrahamyan. The government approved a set of draft amendments to the law on turnover tax and six other legislative acts to provide a more favorable tax environment for the SMEs engaged in trading activities and family businesses. The amendments envisage lowering of turnover tax to 1 percent from the currently applicable 3.5 percent. Family businesses will enjoy preferential terms: their entrepreneurial activity will be... more »
Hovik Abrahamyan Introduced To Ceramisia Company’s Investment Program
Prime Minister Hovik Abrahamyan received Italian Ceramisia faience producing company vice president Federico Polidori. Introducing his company’s investment program in Armenia, Mr Polidori said work in underway to build a local faience factory in the near future, with part of the output to be exported to foreign countries. Welcoming the initiative, Hovik Abrahamyan expressed his government’s support for the project. The Prime Minister expressed hope that the project would... more »
ASEU Development Discussed With Prime Minister
Prime Minister Hovik Abrahamyan received Acting Rector of the Armenian State Engineering University Hovhannes Tokmajyan, University Professor Vladimir Movsisyan and Adviser to University Rector Murad Muradyan. The meeting was also attended by Minister of Education and Science Armen Ashotyan. Thanking the Prime Minister for audience, Hovhannes Tokmajyan introduced the University’s problems and development projects. The University Rector praised the recent reforms in the education... more »
Turnover tax due down to 1 percent from 3.5
Chaired by Prime Minister Hovik Abrahamyan, the SME Development Council met in the Office of Government to review the outcome of extensive discussions held between the Ministry of Finance and SME representatives. In particular, it was reported that as of this October 1 turnover tax shall be reduced to 1 percent from 3.5 percent for those entities engaged in trading activities. According to Deputy Minister of Finance V. Mirumyan, this will considerably ease the tax burden for over... more »
