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EEU steps up work on development of cross-border trust space- EEC minister

... space across the Eurasian Economic Union (EEU) EU is to put the trusted third party service into commercial operation this year, Varos Simonyan, a Eurasian Economic Commission (executive arm of EEU) Minister for Internal Markets, Information and Communication ... ... relevant interstate electronic document management and development of information exchange in the EEU. The minister said the EEC has developed draft rules for the recognition of digital electronic signatures in electronic documents and ensuring the validity ...

05/12/2023


Digital transformation is a tool for removing trade obstacles in EEU, but there are also challenges:- EEC minister

... Economic Union (EEU) member countries as a tool for removing trade obstacles, but it also has some challenges,' Eurasian Economic Commission (the executive arm of EEU) Minister in charge of domestic markets, information and communication technologies Varos Simonyan said in an interview with Belarusian news outlet sb.by. YEREVAN, April 18. /ARKA/. 'We regard digital transformation in the Eurasian Economic Union (EEU) member countries as a tool for removing trade obstacles, but it also has some ...

04/18/2023


Varos Simonyan dismissed as deputy economy minister

Armenia Prime Minister Nikol Pashinyan has relieved Varos Simonyan of his post as Deputy Minister of Economy. YEREVAN, October 21. /ARKA/. Armenia Prime Minister Nikol Pashinyan has relieved Varos Simonyan of his post as Deputy Minister of Economy. He has been replaced by Arshak Aslanyan. Simonyan ...

10/21/2021


Armenia ratifies free trade agreement between EEU and Serbia

... today the Free Trade Agreement between the Eurasian Economic Union (EEU) and its member states on the one hand, and the Republic of Serbia, on the other. The agreement was backed by 100 MPs, 1 voted against and 7 abstained. Deputy Minister of Economy Varos Simonyan said the agreement was signed in 2019 in Moscow. He said three EEU member countries - Russia, Belarus and Kazakhstan - have already concluded bilateral free trade agreements with Serbia. "All EEU member states will have access to a ...

04/19/2021


Parliament increases violation fines for gas filling stations

... for a repeat failure is 500,000 drams. Besides, liquid fuel retailers must have containers for the consumers to verify that the amount of fuel they buy corresponds to the indicator of the fuel distribution tower. According to deputy Economy Minister Varos Simonyan, if a gas selling station does not have such a container its owner will be fined to the tune of 500,000 drams. The fine for a repeat violation is one million drams. He also noted that fines are also provided for violation of the quality ...

03/24/2021


Armenia parliament amends Law on Patents

... to the Law on Patents in the second and final reading. YEREVAN, March 3. /ARKA/. Armenian parliament has passed today a set of amendments and additions to the Law on Patents in the second and final reading. According to Deputy Minister of Economy Varos Simonyan, the changes were designed to regulate property and personal relations associated with creation, protection and use of certain inventions. He specified that the amendments are meant to regulate the relationship associated with the creation ...

03/03/2021


Armenia to develop multi-vector agenda of economic cooperation with Armenia

... of creating an infrastructure in Armenia for financing business projects. The parties discussed a wide range of issues related to the Armenian-Russian economic cooperation and of mutual interest. The meeting was attended by Deputy Minister of Economy Varos Simonyan and Trade Representative of Russia in Armenia Anna Donchenko. -0--

02/05/2021


Armenia ratifies EEU treaty on trademarks

... Origin of Goods. YEREVAN, January 20. /ARKA/. Armenia's National Assembly has approved today the ratification of the Eurasian Economic Union's (EEU) Treaty on Trademarks, Service Marks and Appellations of Origin of Goods. Deputy Minister of Economy Varos Simonyan noted that the treaty signed on February 3, 2020 calls for the creation of a legal framework that should regulate relations related to the legal protection and use of trademarks and appellations of origin in the Eurasian Economic Union....

01/20/2021


Armenia ratifies agreement on financial cooperation with Germany

... parliament has ratified today the Agreement between the Government of the Republic of Armenia and the Government of the Federal Republic of Germany on financial cooperation for 2018-2022 that was signed in 2018. According to Deputy Minister of Economy Varos Simonyan, the agreement provides that Armenia will be able to receive loans and grants from Germany, which will be used in four main areas: supporting biodiversity within the framework of the sustainable local development program, development of ...

09/18/2020


Armenia is preparing for EEU Intergovernmental Council's meeting

... Eurasian Economic Union's (EEU) Intergovernmental Council, scheduled to take place on October 9 in Yerevan. The group will be headed by Deputy Prime Minister Mher Grigoryan. It includes Deputy Foreign Minister Shavarsh Kocharyan, Deputy Minister of Economy Varos Simonyan, Deputy Minister of Territorial Development and Infrastructure Vache Terteryan and other high-ranking officials. As Grigoryan stated earlier, the EEU is the most effective platform for finding a unified solution to the resumption of regular ...

09/18/2020


Armenian parliament ratifies protocol to EEU treaty, which extends preferential customs duties for another 12 months

... /ARKA/. On Wednesday, Armenia's National Assembly ratified a protocol to the Eurasian Economic Union (EEU) treaty, which extends the period of preferential customs duties on import of goods from third countries for 12 months. Deputy Economy Minister Varos Simonyan recalled that after joining the Eurasian Economic Union in 2015, Armenia was allowed to import some 930 types of goods at previous customs duties for a period of 5 years, which expired on January 1, 2020. But after a series of negotiations ...

05/27/2020


Masks and gloves to become integral part of life in Armenia, Deputy Minister of Economy says

Personal protective equipment, such as masks and gloves, will become an integral part of life in Armenia, Deputy Minister of Economy Varos Simonyan said at a press conference on Friday. YEREVAN, May 15. /ARKA/. Personal protective equipment, such as masks and gloves, will become an integral part of life in Armenia, Deputy Minister of Economy Varos Simonyan said at a press conference ...

05/15/2020


Armenia ratifies agreement on services, trade and investment with Singapore

... ratified today the agreement on services, trade and investment with Singapore. YEREVAN, May 11. /ARKA/. The National Assembly of Armenia has ratified today the agreement on services, trade and investment with Singapore. Deputy Minister of Economy Varos Simonyan said the agreement regulates economic cooperation between the two parties, and also contributes to the growth of economic activity and the creation of favorable investment environment. According to him, this agreement is part of a major ...

05/11/2020


Armenia's economic structure is vulnerable and needs drastic reforms, MP says

... we had planned to enforce reforms gradually and in stages, now we must take very drastic steps," said Tunyan. He noted that in the economy there are also stereotypes that will also need to be overcome. In this regard, Deputy Minister of Economy Varos Simonyan added that the government is already discussing a strategy for economic development. "We had been developing some steps, but the starting conditions have changed. If there were some initial programs, now we are reviewing them," ...

05/04/2020


Armenia lifts lockdown, but keeps public transport banned

On May 4 the government of Armenia will lift a number of restrictions it had imposed to prevent the spread of coronavirus, Deputy Minister of Economy Varos Simonyan told a news conference today. YEREVAN, May 4. /ARKA/. On May 4 the government of Armenia will lift a number of restrictions it had imposed to prevent the spread of coronavirus, Deputy Minister of Economy Varos Simonyan told a news ...

05/01/2020


Minister: Armenia may receive additional financial assistance under EU Team Europe package

Armenia may receive additional financial assistance under the EU Team Europe program with a total budget of 20 billion euros, Deputy Economy Minister Varos Simonyan told reporters on Monday. YEREVAN, April 15. /ARKA/. Armenia may receive additional financial assistance under the EU Team Europe program with a total budget of 20 billion euros, Deputy Economy Minister Varos Simonyan told reporters ...

04/15/2020


Customs duty rates for imports of “sensitive” goods to Armenia and other EEU member countries will be zeroed

Customs duty rates for imports of “sensitive” goods to Armenia and other Eurasian Economic Union member countries will be zeroed for a period of three months, Armenian Deputy Minister of Economy Varos Simonyan said on Monday. YEREVAN, April 7. /ARKA/. Customs duty rates for imports of “sensitive” goods to Armenia and other Eurasian Economic Union member countries will be zeroed for a period of three months, Armenian Deputy Minister of ...

04/07/2020


Armenian government is looking for ways to help SMEs pay rents and find new sales markets

The Armenian government is looking for ways to help small and medium-sized entreprenerus pay their rents and find new sales markets, Deputy Minister of Economy Varos Simonyan told a press conference on Monday. YEREVAN, March 23. /ARKA/. The Armenian government is looking for ways to help small and medium-sized entrepreneurs pay their rents and find new sales markets, Deputy Minister of Economy Varos ...

03/23/2020


Freight traffic through Upper Lars allowed, but with coronavirus-prompted restrictions – Armenian economy minister

Freight traffic through Upper Lars border checkpoint is allowed, but with coronavirus-prompted restrictions, Armenian Deputy Economy Minister Varos Simonyan said Monday at a press conference at the Unified Information Center. In his words, there are no problems with cargo transportation through the territory of Georgia, the only restriction is procedural and it was set by the Georgian authorities ...

03/23/2020


EBRD to dispatch high-level delegation for Armenia-EU investment forum

Armenian Deputy Minister of Economy Varos Simonyan received on Monday the head of the Yerevan Office of the European Bank for Reconstruction and Development (EBRD) Dimitri Gvindadze to discuss a number of issues related to the organization of the Armenia-EU investment forum, slated for ...

02/17/2020


Germany suggests holding Armenian-German intergovernmental commission session on July 21-22 in Berlin

... meeting of the Armenian-German intergovernmental commission on financial and technical cooperation be held on July 21-22 in Berlin. The proposal was conveyed by Germany's Vice-Ambassador to Armenia Klaus Wendelberg to Armenia's Deputy Minister of Economy Varos Simonyan. The Vice Ambassador said representatives of the Ministry of Economic Cooperation and Development of Germany will arrive in Armenia in the near future to discuss the details of the meeting. Wendelberg said also that the German government ...

02/10/2020


Armenian delegation to attend Supreme Eurasian Economic Council meeting in St. Petersburg

... government’s official website, the Armenian delegation will also take part in the unofficial summit of the CIS member states. The delegation includes Deputy Prime Minister Mher Grigoryan, Deputy Foreign Minister Shavarsh Kocharyan, Deputy Minister of Economy Varos Simonyan and several other officials. --0—

12/19/2019


Armenian government to compensate from 30 to 50 percent of cost of construction of greenhouses

... construction of small and medium greenhouse farms. YEREVAN, November 14. /ARKA/. The government of Armenia has approved today a plan of measures designed to promote construction of small and medium greenhouse farms. Deputy Minister of Economics Varos Simonyan said the goal of the program is to help build such small and medium-sized greenhouses, which would comply with modern standards and increase the competitiveness of greenhouse products. The other goal is to help farmers to increase their ...

11/14/2019


Armenia and Bank of China sign cooperation memorandum

... deepen cooperation with Armenia, including through the “One Belt, One Way” initiative. Avinyan invited the president of the bank to visit Armenia to discuss possible joint initiatives. At the end of the meeting, Armenian Deputy Minister of Economy Varos Simonyan and the Director of the Qatari branch of Bank of China signed a Memorandum of Understanding. In this document , the parties express their desire to create mechanisms for mutual investments and trade services for SMEs of Armenia and China,...

11/07/2019


Chile interested in imports of Armenian goods

Armenia's Deputy Minister of Economy Varos Simonyan received Friday Deputy Minister of Foreign Affairs of Chile for Economic Affairs Rodrigo Yanez. YEREVAN, October 11. /ARKA/. Armenia's Deputy Minister of Economy Varos Simonyan received Friday Deputy Minister of Foreign Affairs of ...

10/11/2019


EU commissioner for transport Violeta Bulc to visit Armenia in 2016 June

... attended by the Director-General of the Mobility and Transport Directorate-General João Aguiar Machado, Executive Director of Armenian Development Foundation Arman Khachatryan and Commercial Attaché of the Republic of Armenia to the European Union Varos Simonyan, according to the Armenian ministry of economy. It said minister Chshmaritian highlighted the visit of the fact-finding mission of the Directorate-General for Mobility and Transport of the European Commission to the Republic of Armenia ...

06/12/2015


Varos Simonyan appointed as Armenia’s commercial attaché in European Union

Armenian prime minister Hovik Abrahamyan has appointed today Varos Simonyan as commercial attaché of Armenia in the European Union, the government said. YEREVAN, February 16. / ARKA /. Armenian prime minister Hovik Abrahamyan has appointed today Varos Simonyan as commercial attaché of Armenia ...

02/16/2015


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