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Armenian leather production presented at MosShoes 2019 expo
In a joint pavilion the Armenian companies present shoes, leather accessories, and other products. Two of the brands are participating in this international exhibition for the first time. As a result of the previous exhibition, Armenian companies have received export orders worth of 122 million AMD
Armenia, EU to discuss outlook for macroeconomic policies
The objective of the meeting is to improve the shared understanding of the fundamentals of each economy. To this end, the two sides exchange information on macroeconomic trends and on structural reforms, including strategies for economic development.
IFC and MIGA arrange $202 million financing package to strengthen Armenia’s power sector
The funding will go to ArmPower, established by a consortium comprising German Siemens Project Ventures GmbH (part of Siemens Financial Services), Italian Renco Spa, and SIMEST Spa (CDP Group), an Italian development finance institution.