Wed, 11 February
0.1 C
Yerevan
USD: 377.88 RUB: 4.89 EUR: 450.06 GEL: 140.75 GBP: 516.34

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

Unibank issued a statement

Unibank commented on the publication regarding its inclusion in the EU anti-Russian sanctions package.

In January, pensioners and benefit recipients in Armenia received 33.3 billion drams in cashback

In January 2026, pensioners and benefit recipients in Armenia received 33.3 billion drams in cashback for non-cash payments, announced Minister of Labor and Social Affairs Arsen Torosyan.

AMX conducted auctions for placement and redemption of government bonds totaling 28.3 billion drams

On February 10, the Armenia Stock Exchange (AMX) executed a government bond placement auction amounting to 20 billion drams, alongside a government bond redemption auction totaling 8.3 billion drams.

Armenian pensioners urged to choose a bank for cashless payments by March 5

The Armenian Ministry of Labor and Social Affairs has urged pensioners and benefit recipients who continue to receive payments in cash to choose a bank by March 5, 2026, to switch to cashless payments.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of February 6, 2026, fell by 0.31 points compared to February 5, to 377.7 drams.

LATEST NEWS

spot_imgspot_imgspot_img