The month of February saw a flurry of diplomatic activities happening in Armenia, most prominent were the Italian and Dutch delegation that arrived in Armenia to discuss strengthening both countries' economic ties.
On February 3, 2022, the Austrian foreign minister kicked off the anticipated Armenian-Austrian business forum in Yerevan which aimed to strengthen the relationship between the two countries by bringing businesses together.
The government of Armenia intends to rent out an old thermal power plant to industrial companies. One potential tenant is a cryptocurrency mining enterprise.
Dutch architecture firm MVRDV has been commissioned by the Dar Foundation for Regional Development and Competitiveness to develop a master plan that will transform Gagarin Valley's 34,000-hectare area into a more sustainable and ecologically diverse land.
Armenia has managed to increase its agricultural exports in 2021 despite the partial drought in 2020.