Tue, 8 April
9.1 C
Yerevan
USD: 391.14 RUB: 4.55 EUR: 428.65 GEL: 142.05 GBP: 501.60
spot_img

Armenian government must strictly control offshore enterprises in Armenia :PM

YEREVAN, May 2./ARKA/. Armenia’s government should strictly control the activity of the  offshore enterprises which invest in Armenia as well as export and sell goods, Prime Minister Tigran Sargsyan said at Thursday government session.

“We see here very serious risks which can result in dodging financial commitments and obligations to Armenia,” Sargsyan said.

Armenia’s government rejected Thursday the bill submitted by parliament deputy and former PM Hrant Bagratyan on “Regulation of mining industry operations in Armenia made by the companies registered in the offshore zones.” The Cabinet assessed the bill as inappropriate as “it is controversial in juridical terms.”

PM noted that Bagratyan’s position meets the government’s policy though.
That is why, he instructed acting finance minister Vache Gabrielyan to study Bagratyan’s proposal in more details and cooperate with him.

Bagratyan’s bill bans offshore companies to have capital in mining industry and Armenian enterprises to sell mining production to offshore companies. —0-

spot_img

POPULAR

Dollar, Euro And Ruble Exchange Rates Slightly Decrease Against Dram

The average market exchange rate of the US dollar to the Armenian dram on April 4, 2025, dropped by 0.1 points compared to April 3 and amounted to AMD 391.22.

Draft law on crypto assets to be submitted to Armenian parliament in coming weeks – Deputy Chairman of Central Bank

The draft law on crypto assets, developed by the Central Bank of Armenia in the context of European norms, will be submitted to the Armenian parliament in the coming weeks, said Deputy Chairman of the Central Bank Armen Nurbekyan.

Ministry of Economy and  IMF delegation discussed Armenia’s economic diversification, export strategy

Yesterday, Armenian Economy Minister Gevorg Papoyan received a delegation led by Iva Petrova, head of the International Monetary Fund (IMF) mission in Armenia.

Concept of a private investment fund in Armenia discussed by Minister of Economy with Nubar Afeyan

The concept of creating a private investment fund in Armenia within the framework of effective public-private partnership was discussed by Armenian Minister of Economy Gevorg Papoyan and American businessman Nubar Afeyan.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img