Boeing to help Armenia in developing aviation

|

USD

391.57

EUR

426.77

RUB

4.6962

GEL

141.11

Economy

12.08.2015, 20:29

Boeing will help Armenia in developing aviation, the Armenian government's press office reported on Wednesday after Hovik Abrahamyan, the country's prime minister, met with Mher Papyan and Maks Nilov, representatives of Boeing.

Boeing to help Armenia in developing aviation

YEREVAN, August 12. /ARKA/. Boeing will help Armenia in developing aviation, the Armenian government's press office reported on Wednesday after Hovik Abrahamyan, the country's prime minister, met with Mher Papyan and Maks Nilov, representatives of Boeing.

Armenian aviation development prospects were discussed at the meeting.

In particular, the Boeing representatives, speaking about the results of their study of Armenian aviation market, said that the Armenian government's open sky policy has produced a positive effect, thanks to which favorable business environment shaped.

Some proposals aimed at enhancement of competitiveness and establishment of local air companies along with issues related to prices were discussed at the meeting as well.

The premier thanked the representatives of Boeing for effective cooperation and consulting.

In October 2013, the Armenian government embarked on the open sky policy or the program of ensuring competitive conditions for providers of air services.

The program is based on the results of a joint study of McKinsey & Company and the National Competitiveness Foundation of Armenia. ---0----

Armenia's economy may show growth of around 6% in 2025 - Central Bank board member

Surveys conducted by the Central Bank of Armenia among participants in the real sector indicate that economic growth is expected to stabilize at around 5% in the long term, with expectations for the current year slightly below 6%, said Levon Sahakyan, a member of the Central Bank Board.

20.03.2025 14:44

Armenian parliamentary committee approves double taxation agreement with Hong Kong

The Parliamentary Committee on Economic Affairs gave a positive conclusion regarding the ratification of the agreement on the elimination of double taxation of income between Armenia and Hong Kong during a meeting on Wednesday.

19.03.2025 13:00

Armenia is ready to deepen trade and economic relations with EU in all areas – Minister

Armenia is ready to continue and deepen its trade and economic relations with the EU in all possible areas, said Economy Minister Gevorg Papoyan on March 18 during a meeting with Meglena Kuneva, a lecturer at the Diplomatic Academy of the European External Action Service, former chief negotiator and EU commissioner, and former Deputy Prime Minister of Bulgaria.

19.03.2025 09:49

Cadastre Committee to create passports for about 10,000 geographical names of Armenia

The Armenian Cadastre Committee will create 'passports' for about 10,000 geographical names and update the data in 2025, the head of the Committee Suren Tovmasyan said.

18.03.2025 18:14

"A busy year awaits us": Martin Galstyan on the impact of China's economy and trade wars on Armenia

The head of the Armenian Central Bank Martin Galstyan responded to a question whether the Stimulus Package, adopted by China and, in particular, the rise in copper prices, will affect Armenia's economy.

18.03.2025 17:56

Central Bank of Armenia left refinancing rate unchanged at 6.75%

At its meeting on March 18, the Board of the Central Bank of Armenia kept the refinancing rate unchanged at 6.75%.

18.03.2025 12:18

Armenia aims to connect itself with both EEU, EU, Arab, Asian and other markets by "numerous threads" - Papoyan

Armenia seeks to connect its economy with the Eurasian Economic Union (EEU) market as well as the EU, Arab, Asian and other markets with as many threads as possible, Minister of Economy Gevorg Papoyan said.

17.03.2025 17:16

S&P expects Armenia's economic growth to halve in three years

Over the next three years, growth in Georgia and Armenia will almost halve, from 9.4% and 8.8%, respectively, in 2022-24, but will remain sustainable, according to a commentary by S&P Global Ratings analysts, as reported by FrankMedia.

14.03.2025 10:26