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Armenia Stock Exchange joins UAE platform to boost foreign investment: THIS WEEK IN BUSINESS

  • Russia’s food safety agency threatened to suspend imports of Armenian-grown flowers, throwing the booming, multimillion-dollar trade in serious doubt. Read more.
  • Armenia’s economy minister indicated progress in talks with Georgia, which, for the past few weeks, has blocked Armenian brandy and wine producers from exporting to Russia, their main market. Read more.
  • The Armenia Stock Exchange joined a new platform controlled by the United Arab Emirates that allows cross-border trading, in an effort to ensure better access to Armenia’s growing financial markets by foreign investors.
  • Prime Minister Nikol Pashinyan’s cabinet proposed tightening regulations on the real estate sector, citing the need to boost transparency, improve tax collection, and crack down on the shadow economy. Read more.
  • Armenia’s parliament approved a first-of-its-kind bill regulating digital assets, pitting officials, who say the new rules are needed, against cryptocurrency entrepreneurs, who claim the rules are too burdensome. Read more.

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