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Singapore-based multinational Trafigura interested in projects in Armenia
On Wednesday, Armenian Prime Minister Nikol Pashinyan discussed cooperation in the mining sector and opportunities for investment projects in Armenia with Jeremy Weir, CEO of Singapore-based multinational company Trafigura. YEREVAN, July 2. /ARKA/. On ... ... Trafigura Group Pte Ltd. is a Singapore-based multinational trading company. Founded in 1993, it specializes in the wholesale trade of metals and minerals, gas and electricity (including renewable energy sources), oil and petroleum products. As of March 31, 2025, Trafigura's six-month net profit amounted to $1.5 billion, ...
07/02/2025Armenian and French prime ministers state the importance of developing co-operation
The meeting between Prime Minister of Armenia Nikol Pashinyan and newly appointed French Prime Minister ... ... commitment to contribute to the consistent development of trade and economic cooperation between the two countries.... ... people and is ready to contribute to the continuous strengthening of bilateral relations in the future.... ... importance of developing cooperation in economy, energy, digital technologies, urban development, agriculture,... ... investors, particularly in the implementation of projects in the fields of infrastructure, nuclear and ...
10/04/2024Landlocked Armenia must make the best use of human resources - ADB head in Armenia (exclusive)
... attention in recent years has increasingly focused on environmentally responsible investments.... ... order to ensure sustainable development. Armenia is not an exception in this context.... ... about the ongoing and planned investment projects, as well as highlights their environmental ... ... meeting with Armenian Prime Minister Nikol Pashinyan in November 2023 that ADB was ready ... ... economic development. In particular, solar energy is being developed and water conservation ... ... exploring helping the construction of a Free Trade Zone and the realisation of a Dry Port....
08/01/2024EU to provide Armenia with €270m grant for SMEs and another €0.5bn under new aid package - European Commission chief
The European Union will provide Armenia with a new grant of 270 million euros, which will help,... ... Secretary of State Antony Blinken and Armenian Prime Minister Nikol Pashinyan in Brussels. YEREVAN, April 5. /ARKA/. The European Union will ... ... plans to invest in the Black Sea electricity cable project, clean energy exports to Europe, energy, transportation and the development of means to diversify trade," von Leyen noted. She welcomed the Armenian government's ... ... coordination platform was recently launched so that we can identify new projects and accelerate their implementation," von der Leyen ...
04/05/2024French PM accepts Pashinyan's invitation to pay official visit to Armenia
... in various spheres. Pashinyan travelled to France on February 21 to attend a ceremony introducing Missak Manouchian, the first non-French Resistance fighter to the Pantheon mausoleum for national heroes. The two prime ministers were said to have discussed a wide range of issues related to cooperation and implementation of joint projects in the areas of trade and economic ties, construction, infrastructure development, energy, water management, as well as tourism. Pashinyan attached importance to the French government's assistance to Armenia for diversification of its markets. -0-
02/22/2024Mirzoyan says Armenia's joining Black Sea Submarine Cable project is significant
At a November 15 meeting in Brussels with EU Commissioner for Neighborhood and Enlargement Oliver Varhelvi Armenian Foreign Minister Ararat Mirzoyan stressed ... ... investment plan was emphasized for the development of trade and economic relations between Armenia and the ... ... the meeting between Armenian Prime Minister Nikol Pashinyan and European Commission President Ursula ... ... investments in important infrastructure and other projects. It was also noted that the European Commission ... ... participation in regional projects, such as Black Sea Energy Submarine Cable and will increase technical ...
11/16/2023Armenia's trade turnover with Russia in 2023 has already exceeded $3 bln. - Pashinyan
The Armenian-Russian trade soared last year to $5 billion, Armenian PM Nikol Pashinyan told his visiting Russian counterpart Mikhail Mishustin today, adding also ... ... in the Russian-led Eurasian Economic Union (EEU). "We continue cooperation in energy, peaceful nuclear industry, mining and transportation logistics. There are a number of high-tech projects. I think that our business missions, which regularly arrive in Armenia, have...
08/24/2023Armenian-Russian trade turnover increased by 96% in January-April 2023 - Mishustin
In January-April 2023 the trade turnover between Armenia and Russia soared by 96% to over AMD 660bln, Russian Prime Minister Mikhail Mishustin said today as he met with Armenian Prime Minister Nikol Pashinyan in the southern Russian city of Sochi, the venue of a series of meetings of ... ... the Armenian economy," he added. "We are interested in launching new joint projects in the energy, mining, digitalization and agro-industrial areas. Russian companies are ready...
06/07/2023UK interested in expanding ties with Armenia, says Leo Doherty
... Doherty's visit to Yerevan and stressed the importance of close cooperation and development of mutual relations with the United Kingdom in different areas. He expressed confidence that bilateral relations have great potential for development. The sides discussed issues related to trade and economic cooperation, opportunities for the implementation of projects in the solar energy and other areas. Pashinyan added that the Armenian government is interested in attracting British investors to the Armenian market. Reference was also made to the normalization of the Armenian-Azerbaijani relations, the reopening of regional transport and economic infrastructures, border demarcation ...
05/23/2023United States interested in deepening trade relations with Armenia
... interested in deepening commercial ties and promoting cooperation with Armenia in various areas, including energy, US Department of Commerce Assistant Secretary for Global ... ... Venkataraman said today at a meeting with Armenian Prime Minister Nikol Pashinyan in Yerevan. YEREVAN, April 7. /ARKA/. The U.S. is ... ... interlocutors touched upon the possibilities of deepening cooperation in trade, investment, energy, high technology, trade, improvement of business environment and implementation of joint projects. Earlier today the working group on economy and energy ...
04/07/2023Pashinyan: the task is to ensure economic growth of at least 7 percent in 2023.
Armenian Prime Minister Nikol Pashinyan chaired March 29 a discussion held in the Government on economic growth trends and development ... ... increased by 13.2 percent, services by 23.5 percent, domestic trade by 18 percent, and foreign trade by 77.7 percent. The index ... ... growth recorded in the economic sector were discussed. Investment projects and development programs in industry, agriculture, urban development, infrastructure, energy, technology and other fields, reform agenda, fiscal and ...
03/30/2023Russian-Armenian trade hits record $4.1 billion in 11 months of 2022- Russian PM
The Russian-Armenian trade in the first 11 months of 2022 surged by 77% compared to the same period of 2021 ... ... Prime Minister Mikhail Mishustin said at a meeting with Armenian Prime Minister Nikol Pashinyan on the sidelines of an EEU gathering in Kazakhstan’s Almaty. YEREVAN... ... prospects for Armenian companies. He said there are new prospects for launching joint projects in such areas as industrial integration, peaceful atom, energy, mining, transport, logistics and digital technology. According to the Russian...
02/02/2023Armenian-Russian trade soars by 42% in first half of 2022- Russian PM
Armenian Prime Minister Nikol Pashinyan had August 25 a meeting with Russian Prime Minister Mikhail Mishustun in the Kyrgyz city of ... ... "Together with our Armenian colleagues, we take prompt decisions aimed at protecting our trade and economic cooperation, including in the conditions of illegal sanctions against... ... the Russian government. Mishustin noted the intention to speed up work on priority projects in transport, industry and energy, pointing to the importance of creating comfortable conditions for business activities...
08/26/2022Iran supports unblocking infrastructure and territorial integrity and sovereignty of states
Armenian Prime Minister Nikol Pashinyan received today a delegation led by Secretary of the Supreme National Security ... ... Pashinyan welcomed Mr. Shamkhani's visit to Armenia, attaching importance to the continuous development of friendly and brotherly relations with Iran. "High-level mutual... ... Pashinyan and Ali Shamkhani emphasized the need to boost the existing cooperation in trade, infrastructure, energy, industry and other areas. The parties discussed current programs and projects, as well as those of mutual interest. Prime Minister Pashinyan asked to convey...
07/07/2022Pashinyan: development of relations with Germany is especially important
Armenia believes that development of relations with Germany, which is Armenia's largest trade and economic partner in the European Union, is especially important, Prime Minister Nikol Pashinyan told the German Ambassador to Armenia Viktor ... ... democratic reforms in the country. The two men discussed also the agenda of the Armenian-German partnership ... ... bilateral relations. Expressing satisfaction with the projects implemented with the support of Germany, Pashinyan ... ... implemented in such areas as small and medium business, energy, water economy, e-government and finance. The ...
06/23/2022Russian PM: Russian-Armenian trade in 4 months is over $890 million
Russia is Armenia's major foreign trade partner and the largest investor in its economy, Russian Prime Minister Mikhail Mishustin said at a meeting with his Armenian counterpart Nikol Pashinyan on Monday, the Armenian prime minister's press service reported. YEREVAN,... ... interested in expanding bilateral cooperation, creating new products, promoting joint projects in various areas, first of all in industry, energy, transport and digitalization," Mishustin was quoted as saying. He noted...
06/21/2022Raisi: peace in the region is of key importance for Iran
Armenia's Prime Minister Nikol Pashinyan, who is on a working visit to Iran, met today ... ... of the Armenian government reported. YEREVAN, August 5. /ARKA/. Armenia's Prime Minister Nikol Pashinyan,... ... wide range of issues related to the strengthening of trade and economic ties. In particular, they agreed ... ... the possibilities of developing cooperation in the energy sector. In particular, they discussed the steps ... ... issues related to the implementation of new joint projects in the field of healthcare, new technologies,...
08/05/2021Armenia, Germany keen to deepen economic cooperation
On the morning of February 14, Armenian Prime Minister Nikol Pashinyan visited the Association of German Chambers of Commerce and Industry, where he had working luncheon with Parliamentary State Secretary at the Federal Ministry of Economic Affairs and Energy Thomas Bareiß YEREVAN, February 14. /ARKA/. On the morning ... ... and Energy Thomas Bareiß, Chief Executive Officer for Foreign Trade and Member of the Executive Board of the Association of German ... ... visit may help enhance business relations and implement new joint projects in different branches of the economy. The Prime Minister ...
02/14/2020BSTDB to implement infrastructure and energy-related projects in Armenia
... medium-sized businesses have so far been the Bank’s main focus in Armenia, but they are going to implement infrastructure and energy-related projects in the near future. Welcoming the initiative, the Premier stressed that the above sectors show well-pronounced development trends and the need for borrowed funds will increase every year. “I mean that there is a broad field for interaction,” Nikol Pashinyan said and welcomed the signing of a new USD 10 million loan agreement between the Black Sea Trade and Development Bank and one of the Armenian trade banks with a view to lending funds to small and medium-sized enterprises. A credit agreement worth $ 10 million ...
02/10/2020Relations between Armenia and Russia developing consistently - Pasinyan to Mishustin
Armenian Prime Minister Nikol Pashinyan told the newly appointed Prime Minister of the Russian Federation Mikhail Mishustin as met him Friday on the sidelines ... ... through joint efforts." The Armenian premier said that the trade turnover between the two countries reached the mark of $2 ... ... partnership and allied relations. We are collaborating in the field of energy, transport, industry, cultural and humanitarian affairs,... ... economic ties, the possibility of implementing joint investment projects in the fields of infrastructure, energy, industry, information ...
02/01/2020Italian entrepreneurs interested in doing business in Armenia
Armenian Prime Minister Nikol Pashinyan, who is paying an official visit to Italy,... ... Thursday with representatives of the country’s business community during a working lunch held in Milan,... ... spoke on the development dynamics in the fields of energy, tourism, information technology, etc. ... ... producers benefit from the EU’s preferential GSP + trade regime, as well as from the GSP scheme in trade ... ... reached to launch a discussion on specific joint projects. The meeting was attended by President of ...
11/22/2019Iran and Armenia to expand cooperation in energy, transport and tourism
... energy-operated power engineering projects in Armenia. We are keen to initiate regional projects and develop infrastructure in the energy sector,” the Iranian President said, adding that the Iranian side is interested in the cooperation with Armenia in the field of transport infrastructures. Prime Minister Pashinyan welcomed the Iranian side’s readiness to expand the Gas for Electricity... ... made to the prospects of joint efforts in railway communications, high technologies, customs, science and tourism. Hassan Rouhani stressed that the bilateral trade turnover has considerably increased ever since Nikol Pashinyan’s government...
10/01/2019Nikol Pashinyan, Xi Jinping discuss furtherance of Armenian-Chinese relations
On a working visit to the People’s Republic of China, Armenian Prime Minister Nikol Pashinyan met with President Xi Jinping at the House of People’s Representatives. YEREVAN, May 14. /ARKA/.... ... construction of the North-South Highway and other infrastructure-related projects. The PRC President advised that several Armenian producers ... ... expressed confidence that bilateral cooperation will develop in trade, industry, transport, culture and in the humanitarian sphere.... ... prospective cooperation in the spheres of agriculture, transport, energy, information technology, infrastructure, education, etc....
05/14/2019UAE interested in enhancing cooperation with Armenia
Armenian Prime Minister Nikol Pashinyan received on April 8 the newly appointed Ambassador ... ... and there is a good opportunity to give new impetus to business ties. Nikol Pashinyan expressed satisfaction ... ... country is keen to develop cooperation with Armenia in energy, information technology, agriculture, tourism ... ... this point of time in an effort to boost tourism and trade turnover. The Ambassador noted that the UAE government is ready to discuss joint investment projects with Armenia. The parties stressed the need ...
04/09/2019Armenian and Georgian prime ministers confirm mutual desire to implement long-term projects
Armenian Prime Minister Nikol Pashinyan, who is paying an official visit to Georgia, called at Heroes Square in Tbilisi ... ... Kvirikashvili held tete-a-tete talks, at which the Prime Ministers of Armenia and Georgia discussed issues on the agenda of bilateral relations and the prospects of their development... ... discussed a wide range of issues related to Armenian-Georgian cooperation in the spheres of trade and economy, energy, transport, agriculture, tourism and culture. The parties expressed satisfaction...
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