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19 June, 2025
ASSISTANCE PROGRAM TO ADOPT ISO, ORGANIC, HALAL, GLOBAL G.A.P. CERTIFICATIONS: IC ARMENIA REFORM IS APPROVED BY THE GOVERNMENT OF ARMENIA
The support package, mapped out in the scope SME Public-Private Dialogue Platform and developed with the support of IC Armenia expert team, was discussed at a meeting chaired by the Deputy Prime Minister and approved by the Government.
The goal of the assistance program is to promote the production of agricultural and industrial products and to improve production management systems by partially reimbursing certain expenses related to obtaining certifications.
Discussions with entrepreneurs indicate a growing awareness of the importance of implementing management systems in production. However, due to limited access to financial resources, many are unable to adopt such systems, which negatively affects their growth potential and efforts to improve quality. Statistics also show that the number of companies in Armenia that have implemented internationally recognized quality management systems remains low — both in absolute terms and compared to peer and competitor countries in international trade.
The project will contribute to improving the quality of Armenian companies’ products by implementing quality management systems in their production processes.
The reimbursement is provided in the following amounts:
MORE ABOUT THE ASSISTANCE PROGRAM
Mr. Lukas Rosenkranz, IC Armenia is a team of experts formed by the EBRD, which coordinates the SME Development Public-Private Dialogue Platform, headed by Deputy Prime Minister Tigran Khachatryan. Within the framework of the Council, issues are mapped by associations, and our team develops a package of relevant legislative amendments and submits them to the Government of the Republic of Armenia.
22 May, 2025
The 2025 Swiss Business Roundtable took place on May 22nd, serving as the annual platform for economic dialogue. The event was kindly organized by the Embassy of Switzerland in Armenia.
It brought together key economic actors to exchange views on business developments, opportunities, and challenges in Armenia and the wider region.
The meeting was chaired by H.E. Ambassador Lukas Rosenkranz and gathered key stakeholders from both the public and private sectors.
A key highlight of this year’s roundtable was an exclusive briefing by Mr. Umang Rawat, Resident Representative of the International Monetary Fund (IMF) in Armenia. He presented an insightful analysis of the country’s economic outlook, addressing macroeconomic trends, growth forecasts, and regional dynamics.
30 April, 2025
The Forum du Commerce International took place in Basel on April 30th, organized by Switzerland Global Enterprise. It was an exceptionally informative event, with a strong focus on global markets for Swiss SMEs.
The program covered several highly relevant topics, including:
Thank you for the outstanding organization and a truly enriching event.
And many thanks for the kind invitation
Switzerland Global Enterprise
10 December, 2023
MISMA company is combining the ancient and modern Armenian ornaments to create accessories for interiors.
Miskaryan heritage brand will be present in Milan until December 10th 2023 to share the colorful range.
Welcome and Enjoy!
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9 March, 2023
The Office of the Prime Minister of RA, announces a preliminary qualification procedure for determining the possible participants of the 2-stage tender organized for the purpose of purchasing services for the implementation of the heavy-duty vehicle weighting system in the territory of the Republic of Armenia.
Attached I am sending you the Announcement on Prequalification Procedure. Upon the request received from the Ministry of the Foreign Affairs of Armenia, we would appreciate if you could circulate it among your member companies that might be interested to participate in the call.
The application procedure can be found in the attached file.
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4 February, 2023
YouTube
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1 December, 2022
18 November, 2020
International Monetary Fund
An IMF team reached staff-level agreement with the Armenian authorities for the completion of the third review under the program supported by an IMF Stand-By arrangement.
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11 October, 2020
Lloyds Bank
Armenia has been growing at a fast pace in recent years. Expatriate remittances, increase in international copper prices, and a business-friendly monetary policy aided the country’s economic development.
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10 October, 2020
The electoral bloc of Nikol Pashinian won 70.4% of the vote in the December 2018 snap parliamentary election.
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5 October, 2020
Fitch Ratings
Fitch Ratings – London – 05 Oct 2020: Fitch Ratings has downgraded Armenia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘B+’ from ‘BB-‘. The Outlook is Stable.
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