Prime Minister Pays Working Visit to Gyumri
Prime Minister Karen Karapetyan paid today a working visit to Gyumri. The Prime Minister first called at Lentex ltd, which is engaged in the production of socks and hosiery in Armenia. During the tour of the factory, the Premier was briefed on its output capacity and the range of products, as well as on the prospects for expansion and development programs. Lentex LLC, which boasts about 6000 square meters of production area and up to 1000 square meters of auxiliary facilities, is... more »
Prime Minister Karen Karapetyan Receives Delegation from Jeollabuk-Do Province of Korea
Prime Minister Karen Karapetyan received a delegation led by Song Ha-Jin, Governor of the State of Jeollabuk-Do of Korea. The meeting focused on the development of bilateral economic ties. Prime Minister Karapetyan said the Armenian government is implementing continued reform to improve the business environment and create favorable conditions for investment programs. Noting that the Korean business community looks forward to implementing investment projects in Armenia, Song Ha-Jin... more »
PM instructs to clarify and simplify licensing, reference issuance processes
A Cabinet sitting was held today, chaired by Prime Minister Karen Karapetyan. Before proceeding to the agenda, the Prime Minister issued a number of instructions. Referring to the process of issuing licenses and other documents, the Premier said: “As a result of the Government’s policy, the number of mandatory licenses issued by government agencies has been reduced from 127 to 85. As from October 2016, the right of providing 67 public services was delegated to private... more »
RA Prime Minister, UAE Minister of Foreign Affairs and International Cooperation Discuss Cooperation Development Prospects
Prime Minister Karen Karapetyan received today a delegation led by Minister of Foreign Affairs and International Cooperation of the United Arab Emirates Abdullah bin Zayed Al-Nahyan. Noting that the Armenian-UAE cooperation is one of the best examples of interaction between Armenia and Arab countries, the Prime Minister said that the ongoing high-level political dialogue provides favorable conditions for the expansion of economic and investment cooperation. The head of the Armenian... more »
PM receives representatives of IT companies that have initiated an investment project in Armenia
Prime Minister Karen Karapetyan received today the representatives of IT companies that have initiated an investment project in Armenia – IDS Vice President Alberico Parente and TDS founder Vahan Shakaryan. On July 14, 2017, the companies announced the launch of cooperation with a view to making an investment of € 10 million to set up a research lab and a new branch of forensic IT technology in Armenia. Prime Minister Karapetyan welcomed and hailed the initiative of... more »
Small and Medium Entrepreneurship Development Council Holds Meeting
The Small and Medium Entrepreneurship Development Council of the Republic of Armenia met today in the Office of Government, chaired by Prime Minister Karen Karapetyan. The first issue on the agenda was the clarification of some of Tax Code provisions relating to SMEs. In this connection, it was noted that as a result of joint discussions with stakeholder agencies and business associations, a number of issues related to SME activities had been included in the package of legislative... more »
“The sooner we change, the smarter we will be” - Karen Karapetyan attends the presentation of Armenia’s National Competitiveness Report for 2017
Prime Minister Karen Karapetyan attended the presentation of Armenia’s National Competitiveness Report for 2017. Thanking the I-V Consulting Company and the Economics and Values research center for preparing the report, the Prime Minister considered it a good tradition to hold discussions by independent research centers at such venues on the analysis of various issues on the agenda of Armenia’s social and economic life and finding the right development formula. Karen... more »
“Environmental protection calls for proper expertise” - PM instructs to submit recommendations for structural improvements in this field
A Cabinet sitting was held today, chaired by Prime Minister Karen Karapetyan. Before proceeding to the agenda, the Prime Minister issued a number of instructions. Stressing the need for improving the provision of environmental expertise, the Prime Minister stated in part, “We need to reconsider the procedures applicable to the classification of activities, funding sources and timing in the environmental impact assessment and expertise regulations. We must ensure that environmental... more »
Joint Appeals Commission of Inspection Agencies Holds Meeting
Prime Minister Karen Karapetyan chaired a meeting of RA Joint Appeals Commission of Inspection Agencies, which was held in the Office of Government. The meeting discussed three applications filed against the decisions made by the Board of Appeals of Tax and Customs Authorities of RA State Revenue Committee. After discussing the substantiations and arguments provided in the applications, the Board decided to comply with all of the three applications.
“We need introduce some rules in the scheme of local budget spending and a new budget management culture in enlarged communities” - Karen Karapetyan Holds Consultation in Kotayk Marz
Chaired by Prime Minister Karen Karapetyan, a consultation held in Kotayk Marz to review the activities implemented under Marz and community development programs and further actions. Reporting back the efforts aimed at improving the socio-economic situation and the macroeconomic indicators in the region, Kotayk Marz Governor Karapet Guloyan advised that the region’s share in the country's GDP is around 7%. Gross industrial output makes about AMD 138,485 million; gross agricultural... more »