Mon, 28 July
27.1 C
Yerevan
USD: 383.94 RUB: 4.85 EUR: 450.25 GEL: 141.78 GBP: 516.63

Eurasian Economic Union development banks to support export-oriented industries

MOSCOW, October 29. /ARKA/. The Eurasian Economic Union member countries’ development banks have signed a cooperation memorandum and made a joint decision on sectoral development, Andrei Slepnyov, a member of the Eurasian Economic Commission border, said Thursday in Moscow at the Tenth Eurasian Integration International Conference.

“We are planning the development of appropriate joint projects with development bank,” he said. “We are working to fasten export-supporting measures to the level of national governments and development bank. We will be doing this jointly with businesses, and it is essential that these projects find a broad response among mid-scale entrepreneurs.”

Slepnyov also said that the first Eurasian exhibition is planned to be opened in 2016.
Governors of the Eurasian Economic Union development banks have decided at their meeting in October to support medium businesses and outlined joint steps. They intend to work out joint programs to promote exports and support export-oriented industries.  —-0—

spot_img

POPULAR

Fitch expects inflation in Armenia to remain within the target level until 2027

International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.

Fitch forecasts Armenia to tighten fiscal policy after 2027

Fitch Ratings analysts forecast a tightening of fiscal policy by the republic's authorities in a new report on Armenia.

A scheme for stealing funds through fake investment platforms  exposed in Yerevan

A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.

Armenia’s economy to stabilize on 5.5% growth trajectory in 2025 – EDB forecast

According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

LATEST NEWS

spot_imgspot_imgspot_img