Here is the Daily Digest of economics and business news for for Thursday, February 25, 2021. The notable articles are the following:

Georgia to resume air communication with Armenia from March 1

Georgia will open air communication with , the Armenian Embassy in Georgia informs.

The decision was made by the country’s interagency coordinating group for the fight against coronavirus.

Armenian nationals will be allowed to enter Georgia by air from March 1.

Armenian citizens will have to present a negative PCR test made no earlier than 72 hours before arrival.

Read original article here.

USAID unveils $2.65m in additional funding for Armenia agri sector

Armenia Economy News Digest for Thursday, February 25, 2021

February 24, 2021 – 15:36 AMT

PanARMENIAN.Net – USAID on Wednesday, February 25 announced $2.65 million in additional funding to expand the scope of two projects that work to strengthen ’s agricultural sector to include more targeted support for female entrepreneurs and the formation of cooperatives.

The agency’s Rural Economic Development – New Economic Opportunities (RED-NEO) project, which launched in February 2019, received $1.15 million in additional funding, bringing the project’s total to $5.15 million.

The project will use these additional funds to build women’s capacity and enhance entry points for rural entrepreneurship; as well as deepen stakeholders’ capacity and commitment to address barriers to women’s economic leadership. These efforts will complement RED-NEO’s ongoing activities to strengthen Armenia’s horticulture and viticulture value chains. Participants trained by the program are able to apply for small grants to upgrade their production capacities. To date, the project has issued 29 in-kind grants, and over 100 grants in total will be provided over the life of the project. RED-NEO’s support contributed over 11 percent on average to grant recipients’ 2020 revenues.

USAID is also providing an additional $1.5 million to the Innovative Agriculture Training & Learning Camp (AGRI CAMP) project to strengthen formal agricultural cooperatives and business development; and increase women’s access to agricultural innovation. The project’s total funding is now $1.9 million. AGRI CAMP, which launched in May 2020, is renovating facilities at the Armenian National Agrarian University in Kotayk marz where entrepreneurs from rural Armenia will learn new skills to expand their businesses and increase the sophistication of their production.

With the additional funding, AGRI CAMP will strengthen the skills and networks of female agripreneurs by bringing together technical specialists, entrepreneurs, and engineers to craft innovative solutions to agriculture (for example, using advanced irrigation technologies to maximize produce with minimal use of water and fertilizers). AGRI CAMP expects that by April 30, 2023, at least 1,000 female farmers will be better able to use new farming practices and technologies, ultimately leading to higher business revenues and household incomes.

Read original article here

USAID announces $2.65 million funding to strengthen Armenia’s agricultural sector

Armenia Economy News Digest for Thursday, February 25, 2021

On February 24, 2021 USAID announced $2.65 million in additional funding to expand the scope of two projects that work to strengthen ’s agricultural sector to include more targeted support for female entrepreneurs and the formation of cooperatives.

USAID’s Rural Economic Development – New Economic Opportunities (RED-NEO) project, which launched in February 2019, received $1.15 million in additional funding, bringing the project’s total to $5.15 million. The project will use these additional funds to build women’s capacity and enhance entry points for rural entrepreneurship; as well as deepen stakeholders’ capacity and commitment to address barriers to women’s economic leadership. These efforts will complement RED-NEO’s ongoing activities to strengthen Armenia’s horticulture and viticulture value chains. Participants trained by the program are able to apply for small grants to upgrade their production capacities. To date, the project has issued 29 in-kind grants, and over 100 grants in total will be provided over the life of the project. RED-NEO’s support contributed over 11 percent on average to grant recipients’ 2020 revenues.

With this additional funding, RED-NEO will work to address the economic gender gap, and provide women in the agricultural sector with business skills including management, financing, forecasting, and marketing. Closing the economic gender gap is an important opportunity for Armenia – by one estimate, the country could annually increase its GDP by 14 percent if women were allowed to enter the labor market at the rate they wanted to. The activity will establish a mentoring program to foster new partnerships and reinforce existing networks among women entrepreneurs, students, business associations, and other entities.

USAID is also providing an additional $1.5 million to the Innovative Agriculture Training & Learning Camp (AGRI CAMP) project to strengthen formal agricultural cooperatives and business development; and increase women’s access to agricultural innovation. The project’s total funding is now $1.9 million. AGRI CAMP, which launched in May 2020, is renovating facilities at the Armenian National Agrarian University in Kotayk marz where entrepreneurs from rural Armenia will learn new skills to expand their businesses and increase the sophistication of their production.  

With this additional funding, AGRI CAMP will strengthen the skills and networks of female agripreneurs by bringing together technical specialists, entrepreneurs, and engineers to craft innovative solutions to agriculture (for example, using advanced irrigation technologies to maximize produce with minimal use of water and fertilizers). AGRI CAMP expects that by April 30, 2023, at least 1,000 female farmers will be better able to use new farming practices and technologies, ultimately leading to higher business revenues and household incomes.  

Read original article here.

Today on Twitter

These are some of the tweets about Armenia from some of the Twitter accounts we follow. Get in touch with us via Twitter if you want to be part of this Twitter list. We retweet occasionally.

On March 3, #Matenadaran-#Gandzasar Scientific & Cultural Center will display most exceptional collection of dozens centuries-old #Artsakh #manuscripts in #Yerevan. Don't miss unique chance to get familiar with ancient samples written & illustrated in #Artsakh.

📍: #Matenadaran

Our warm congratulations to #Kuwait on the 60th anniversary of #NationalDay and 30th anniversary of #LiberationDay. Wishing progress and prosperity.

FM of #Armenia @Aivazian_Ara at Alliance for #Multilateralism Ministerial: "#Azerbaijan continues instrumentalization of humanitarian issues such as return of #POWs, delivery of humanitarian assistance & protection of Armenian cultural heritage.”
https://www.mfa.am/en/press-releases/2021/02/24/alliance_for_multilat/10808

Rounding the corner or just asking for more trouble?
#georgia #covid19

https://jam-news.net/most-restrictions-to-be-lifted-in-georgia/

Our warmest congratulations and sincere wishes to our friends in #Estonia on #NationalDay. 🇦🇲 highly values friendly relations with 🇪🇪 & attaches importance to further strengthening political dialogue and economic ties in the spirit of mutual trust and understanding.

December 23 - Early termination of the powers of the #ArtsakhRepublic Ombudsman #ArtakBeglaryan on his own will.

.@OmbudsArmenia Arman Tatoyan received head of @UNDPArmenia Dmitry Mariyasin, who is completing his mission in #Armenia. They underscored p/ship & the importance of the implemented projects 2 protect #HumanRights in the country. #SDGs

3

What are the attitudes and views from Russian circles about the conflict between #Armenia & #Azerbaijan and the presence of Russian #peacekeepers in #Karabakh / #Artsakh? Listen in this episode of After War, Before Peace: View from #Russia https://youtu.be/7v5mCYlx8dQ

No incidents recorded along #Armenian-#Azerbaijani border
https://artsakhpress.am/eng/news/139509/no-incidents-recorded-along-armenian-azerbaijani-border.html

Feb 19: 📰Letter of FM #Babayan /@MFAnkr to @antonioguterres regarding deliberate & targeted destruction of #Armenian #cultural heritage by #Azerbaijan on territories of #Artsakh under #Azeri Military occupation was disseminated in @UN
🔗UNDOCS: http://bit.ly/2ZMC6NK