• 07.04.2014
    Armenia-Turkmenistan business forum to be held in Ashgabat

    Armenia-Turkmenistan business forum to be held in Ashgabat

    Armenia-Turkmenistan business forum will be held in Ashgabat within the framework of Serzh Sargsyan's visit to Turkmenistan. The organizer of the forum is Armenian Development Agency and Union of Manufacturers and Businessmen of Armenia. Armenia will be represented by 30 companies from different areas: food, IT, construction, shoe making, jewelry and other fields. In 2013
    • 26.03.2014
    Armenia Strategic Plan of Long-Term Development to be amended

    Armenia Strategic Plan of Long-Term Development to be amended

    Prime Minister Tigran Sargsyan chaired the session ofArmenia’s 2014-2025 Strategic Plan of Long-Term Development Coordinating Council. The discussants presented various proposals, around which views were exchanged. The PM instructed the heads of relevant departments to amend the program, and subsequently submit it for government approval. “The implementation of several programs depends on the adoption of
    • 06.03.2014
    Free economic zone should not ingest our workforce – Jewelers’ Association of Armenia

    Free economic zone should not ingest our workforce – Jewelers’ Association of Armenia

    The free economic zone should not turn into a “personnel synthesis” forArmenia’s jewelers, chairman Emil Grigoryan of the Jewelers’ Association of Armenia told Armenian News-NEWS.am. Grigoryan commented on the Armenian government’s February 27 decision on creating a free economic zone for jewelry inArmenia. “Our concern is connected with the relocation of the workforce and the
    • 28.02.2014
    Yerevan to host free economic area for jewelers

    Yerevan to host free economic area for jewelers

    Armenia's capital city Yerevan will host a free economic area for jewelers. The decision was made by the government during the session on Thursday. The new economic area will accommodate companies and private entrepreneurs representing jewelry, diamond cutting and watch industry. AJA Holding free economic area will be created by Armenian Jewellers Association that has
    • 27.02.2014
    Dear UMBA members

    Dear UMBA members

    Dear UMBA members, We would like to draw your attention on the information about the "Institute of Internal Auditors-Armenia" (IIA-Armenia) NGO. It represents the international organization “Institute of Internal Auditors”, established in 1941, which publishes internal auditing standards, is a lead research and training institution. The Institute of Internal Auditors provides a variety of international
    • 25.02.2014
    Meeting with the Representatives of Business Community in Adana

    Meeting with the Representatives of Business Community in Adana

    On February 20, 2014, External Affairs Specialist of the Union of Manufacturers and Businessmen of Armenia (UMB(E)A), Armen Melkonyan paid a visit to Zeki Kıvanç, the Chairman of Adana Chamber of Industry (ADASO), Turkey. During the meeting Armen Melkonyan presented the work carried out by the Union towards the improvement of economic relations between Armenia
    • 14.02.2014
    FÉDA BUSINESS & EXPO CENTER

    FÉDA BUSINESS & EXPO CENTER

    The Economic Forum for Development of Armenia (FEDA) is a non-governmental organization, aimed at developing economic relations between Armenia and European countries and supporting Armenian entrepreneurs from across the world. FEDA’s goals: Creation of a reliable hub in the center of Europe for businesses from Armenia, as well as Armenian-owned businesses from other countries, their
    • 03.02.2014
    Hosted Armenian-Czech business forum

    Hosted Armenian-Czech business forum

    Prague, the Czech Republic, hosted the Czech-Armenian Business Forum in the framework of the official visit of the President of Armenia, Mr. Serj Sargsyan. The Business Forum was organized by the Armenian Development Agency and the Union of Manufacturers and Businessmen (Employers) of Armenia on January 31st, 2014. The Armenian delegation was represented by almost
    • 16.01.2014
    Eurasian Development Bank assesses economic effects of Armenia’s joining Customs Union

    Eurasian Development Bank assesses economic effects of Armenia’s joining Customs Union

    Armenia’s accession to the Customs Union (CU) and the Single Economic Space (SES) will have a positive effect on its economy. This conclusion is suggested in the report entitled Armenia and the Customs Union: Assessing the Economic Effect of Integration published by Eurasian Development Bank’s (EDB) Centre for Integration Studies. Quantitative analysis of the effects
    • 14.01.2014
    The “Armenian insurance exporting agency” ICJSC was registered

    The “Armenian insurance exporting agency” ICJSC was registered

    On November 27, the "Armenian insurance exporting agency" ICJSC was registered and provided insurance operations license by the Central Bank of the RA. The main function of the "Armenian insurance exporting agency" is insurance of financial loss of exporters of products and / or services, particularly in the case of a foreign buyer fails to