With 20 years of experience in digital entrepreneurship, Dr. Mohamed Es Fih provided individual solutions to Armenian businesses to develop access to new markets with resilient e-commerce tools.
Under “Eastern Partnership: Ready to Trade,” an EU4Business initiative, Armenian tea growers have gained expert advice on how to enter new markets and present their products on leading international platforms.
As part of the Eastern Partnership: Ready to Trade EU4Business Initiative, 15 Armenia-based companies regularly participated in SIAL Paris – the leading trade fair for processed food, Biofach organic food trade show in Nuremberg and ANUGA trade fair for food and beverages in Cologne.
Armenia. In 2021, the state will allocate about 520,000,000 AMD (more than $1 million) to support small and medium-sized businesses in Armenia. According to the Ministry of Economy, businesses will receive the necessary consulting services, training courses, and vocational training to improve access to finance.
Armenia. According to the World Bank’s latest report, the economic and social measures to mitigate the pandemic cost Armenia’s budget around 2.3% of GDP. The report states that revenues fell by 6% yoy resulting in the deficit of around 1.7% of projected annual GDP in the year-to-July.