AGP Executive Report
Last update: an hour agoDirect Trade Push: Turkey says bureaucratic preparations are done for direct trade with Armenia, letting shipments via third countries list “Armenia/Turkey” as final destination/origin—Yerevan calls it a logical continuation, and the Economy Ministry says it should cut costs and delivery times. SME Finance: At an SME forum, Armenia’s Central Bank chief backs a goal to lift SMEs to 40% of GDP and Central Bank talks with the Economy Ministry and the World Bank on a possible partial-guarantee mechanism—while Unibank reports a 28% jump in its SME loan portfolio and cashback for reliable borrowers. Elections Under Scrutiny: PACE warns Armenia’s June 7 vote must be protected from fear, foreign interference, and misuse of administrative resources, citing hybrid tactics like financing, cyberattacks, and pressure on the diaspora. Energy Update: Parliament passed rules enabling licensed energy storage systems, aiming to better schedule solar power. Cyber Alert: NVIDIA says a GeForce NOW breach hit users of Armenia’s partner GFN.am, with passwords not compromised.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.