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Armenia's Economic Pulse

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  • Re: Armenia's Economic Pulse

    Exporting is also a key focus in this book. Armenia should not pride itself on things like internal telecommunications or power plant productions unless that company is going to xxxxing build stuff in foreign countries and earn export dollars. We can do it in pharma and agriculture.


    • Re: Armenia's Economic Pulse

      Originally posted by HyeSocialist View Post
      Exporting is also a key focus in this book. Armenia should not pride itself on things like internal telecommunications or power plant productions unless that company is going to xxxxing build stuff in foreign countries and earn export dollars. We can do it in pharma and agriculture.
      --- exporting key (in this book) ---
      I understand what you are saying and the agreement you express of this book and the exporting point.
      I don't really agree with that.
      The small farms by ** many ** and the govt funding of such points to the profitability of a less efficient move. It's almost contradictory to standard profit model but is highly beneficial to country as a whole.
      The goal of having something to export fits nicely with big business model and new world order.
      My opine is we and world at large need (really need) to look beyond the model presented by IMF and their ilk.
      Wealth expressed as only money or something to export ignores the well being of the vast citizenry. This phony definition of wealth states that only can success be had if you use the standard IMF/cohorts proscribed model (agenda). I disagree.
      If you play with the devil, chances are your gonna get forked.
      We need to look outside that contrived box.
      I'm not saying we shouldn't export stuff. I'm saying it's possible to export without standard profit model to the great benefit of our citizens and the world citizenry.
      Pursue the benefits and not necessarily the dollars expressed as profit. It's the meritous goal to be pursued, not always monetary profit. The monetary system is rife with fraud and misleading in its pursuit.
      Sorry, but everyone wants to be rich. How sad. Every country wants to be rich. How dumb.
      What is success ? How do you define it ? Like trump, USA, IMF, ?
      Leo Tolstoy... How much land does a man need. I think it's only 12 pages long.


      • Re: Armenia's Economic Pulse

        Georgia gives nod to the deal on transit of Russian gas to Armenia
        16:23, 11 Jan 2017
        Siranush Ghazanchyan

        The Georgian Government has given nod to a deal with Gazprom on the terms of gas transit to Armenia, Minister of Energy Kakha Kaladze has declared,xGruzia Onlinexreports.
        The Minister said the parties wouldxshift to partial monetization ofxpayments for the transit of Russian gas to Armenia.
        Kaladze noted that “the changes will not increase Georgia’s dependence on Russia.”
        Previously, Russia paid Georgia for gas transportation by supplying natural gas in the amount of 10% of the transported gas volume, but the agreement expired on December 31.
        “As a result of multi-round talks we managed to reach an optimal proposal with the exiting circumstances taken into account,” Kakha Kaladze told reporters after the government sitting. “The government discussed and decided to sign the deal,” he added.
        The Minister said the rates will be among the highest in Europe.
        Last year Georgia transported 2.1 cubic meters of natural gas through its pipeline from Russian to Armenia, of which 0.3 cubic meters stayed in Georgia.
        Hayastan or Bust.


        • Re: Armenia's Economic Pulse

          Media reports say two SAS supermarkets in Yerevan closed

          Today’s reports in the Armenian media say the authorities have ordered the closure of two SAS supermarket in downtown Yerevan- one located on Tumanyan street and the other on Baghramyan Avenue.

          According to the reports, the supermarkets were closed following tax inspections conducted by the State Revenue Committee (SRC).

          ARKA news agency asked SRC for comments. In response the agency said: "In response to your request, we inform that the State Revenue Committee of Armenia carries out its functions within the framework of its powers stipulated by the legislation."

          The chain of SAS supermarkets is owned by Artak Sargsyan, a parliament member from the ruling Republican Party of Armenia. -0-

          19:30 20.01.2017


          • Re: Armenia's Economic Pulse

            Armenia placed 65th in Global Talent Competitiveness Index 2017
            14:19, 23 Jan 2017
            Siranush Ghazanchyan

            Armenia is placed 65th in thexGlobal Talent Competitiveness Index 2017.
            Launched for the first time in 2013, the Global Talent Competitiveness Index (GTCI) is an annual benchmarking report that measures the ability of countries to compete for talent. The report ranks 118 countries according to their ability to grow, attract and retain talent.
            Other countries in the region are placed as follows: Georgia 70th, Turkey – 61st, Azerbaijan 66th, Iran – 103rd.
            Armenia’s partners in the Eurasian Economic Union Russia and Kazakhstan are ranked 56th and 53rd respectively, Kyrgyzstan is 87th, no data is available for Belarus.
            Switzerland tops the ranking followed by Singapore and the united Kingdom.
            The 2017 GTCI study focuses on how technology is affecting talent competitiveness and the nature of work, exploring both significant challenges and opportunities, and important shifts away from traditional working approaches.
            Hayastan or Bust.


            • Re: Armenia's Economic Pulse

              ....The report ranks 118 countries according to their ability to grow, attract and retain talent. ....
              It would have been useful to see the breakdown of those qualities.

              Specifically Armenia and see where emphasis could be put to improve things.

              Politics is not about the pursuit of morality nor what's right or wrong
              Its about self interest at personal and national level often at odds with the above.
              Great politicians pursue the National interest and small politicians personal interests


              • Re: Armenia's Economic Pulse

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                Armenia may launch own flag carrier flying Russian SSJ 100 jets
                From: Mihran Keheyian <[email protected]>
                Date: Tue, 24 Jan 2017 12:30:17 +0000

                Armenia may launch own flag carrier flying Russian SSJ 100 jets

                January 24, 2017 - 13:01 AMT
                PanARMENIAN.Netx- Armenia's Minister of Economic Development and InvestmentsxSuren Karayanxand Russia's Minister of Industry and TradexDenis Manturovxhave discussed the issue of establishing a newxair companyxon the basis of SSJ 100 aircraft in Armenia.
                "I'd like to first and foremost discuss the cooperation in the area of agricultural equipment," Karayan said.
                "The second issue concerns the creation of a new company on the basis of SSJ 100 planes. Also, I'd like to weigh in on the establishment of a joint foundation, which would be aimed at import substitution and development of joint export."
                A corresponding task force already formed, measures are currently underway for launching the Armenian flag carrier.
                Armenian and Russian Prime Ministers are meeting in Moscow on January 24-25 and are set to sign a memorandum of understanding between the two ministries.
                Hayastan or Bust.


                • Re: Armenia's Economic Pulse

                  EU releases record high assistance to Armenia in 2016

                  YEREVAN, January 24. /ARKA/. Last year was a record year in terms of European Union’s financial assistance to Armenia, the head of EU Delegation to Armenia, Ambassador Peter Switalski, said today.

                  Speaking at a news conference he said the total amount of financial assistance of the EU released to Armenia in 2016 amounted to 62 million euros. For comparison, in 2014 Armenia received 25 million euros from the European Union. He added that the EU is Armenia's number one donor."

                  According to him, the past year was notable also because of intensive political dialogue between Armenia and EU throughout the year, including a visit to Yerevan by Federica Mogherini EU, the EU's high representative for security and foreign policy, in March and an informal ministerial meeting of the Eastern Partnership held in Yerevan. He expressed hope that the cooperation in 2017 will not only continue, but also come to a new level.

                  "The EU will continue to provide assistance to Armenia for improving its business environment, xfighting against corruption, protection of human rights and development of the judicial system", Switalski said. -0--
                  Hayastan or Bust.


                  • Re: Armenia's Economic Pulse

                    Vestnik Kavkaza
                    Jan 26 2017

                    Armenian-Russian investment fund to be established within months

                    Jan 26 - 6:00 pm

                    The Armenian-Russian investment fund will be established in the coming
                    months, the economic development and investment minister Suren Karayan
                    said today, Arka news agency reports.

                    It was Armenian Prime Minister Karen Karapetyan who proposed that an
                    Armenian-Russian investment fund to be set up with a view to funding
                    Armenia’s priority economic sectors.

                    According to the Armenian government, the Russian side positively
                    assessed the proposal.

                    Speaking to local reporters today, Suren Karayan said the main purpose
                    of the fund is financing and investment in sectors that will lead to
                    growth of trade turnover between the countries, substitution of
                    imported goods, development of industrial cooperation and growth of

                    Hayastan or Bust.


                    • Re: Armenia's Economic Pulse

                      Another mine being built and this one is in Jermuk...there goes the tourism business there..
                      Hayastan or Bust.