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Isotope laboratory to start operating in Armenia – Papoyan

An isotope laboratory will start operating in Armenia on August 13, Armenian Minister of Economy Gevorg Papoyan said. YEREVAN, July 31. /ARKA/. An isotope laboratory ... ... The letter stated that the Georgian side, by violating accepted international trade criteria, was causing significant material damage to Armenian producers, who were unable to fulfill their contractual obligations to a third party. The problem was resolved ...

07/31/2025


Problems with export of Armenian cognac through Georgia have been largely resolved - minister

Problems with export of Armenian cognac through Georgia have been largely resolved, said RA Minister of Economy Gevorg Papoyan. YEREVAN, July 30. /ARKA/.... ... The letter stated that the Georgian side, by violating accepted international trade criteria, was causing significant material damage to Armenian producers, who were unable to fulfill their contractual obligations to a third party. The problem was resolved ...

07/30/2025


In case of nationalization of ENA, Samvel Karapetyan will receive compensation - Minister of Justice

In case of nationalization of CJSC "Electric Networks of Armenia", Samvel Karapetyan will definitely be provided with compensation. YEREVAN, July 29. /ARKA?. In case of nationalization ... ... the state can harm the owners. However, the state's goal is not to cause harm. "If the state says that it wants to reduce damage, manage risks, prevent a possible collapse, prevent sabotage, then there can be no intention to harm the owner," Galyan ...

07/29/2025


Over the last 2 days alone, more than 80 trucks with Armenian cognac have left for Russia - Minister

Armenian Economy Minister Gevorg Papoyan announced the dispatch of another batch of Armenian cognac to Russia. YEREVAN, July ... .... The letter stated that the Georgian side, violating the accepted international trade criteria, causes significant material damage to Armenian producers, who are unable to fulfill their contractual obligations to a third party. The authors of the letter ...

07/25/2025


Armenia Recovers 20 Billion Drams in Criminal Case Damages in H1 2025 – Investigative Committee

In the first half of 2025, 20 billion drams in property damages in completed and unfinished criminal proceedings were recovered in Armenia, the press service of the Investigative Committee of the Republic of Armenia reported. YEREVAN, July 25. /ARKA/. In the first half of 2025, 20 billion drams in property damages in completed and unfinished criminal proceedings were recovered ...

07/25/2025


Armenia will suffer major reputational losses: economist on Stockholm Arbitration Court's decision on Karapetyan family's lawsuit against Republic of Armenia (EXCLUSIVE)

Armenia's image in the international arena will be severely damaged, says Doctor of Economics and Professor Tatul Manaseryan in a comment to the ARKA news agency regarding the Stockholm Arbitration Court's decision on the Karapetyan family's lawsuit against the Republic of Armenia concerning the nationalization ...

07/23/2025


It is necessary to study pricing in Armenian liquefied gas market - Papoyan

Armenian Economy Minister Gevorg Papoyan believes that the Commission for the Protection of Competition should address the issue ... ... exports: serious problems are observed in the export of agricultural products, flowers and Armenian cognac. Greenhouse farms suffer damage, having to destroy cut flowers. According to him, the price of liquefied gas has already increased from 120 to 180 drams ...

07/18/2025


Belgian House of Representatives condemns Azerbaijan's military attack on Artsakh (Karabakh) Armenians

... of Representatives unanimously adopted a resolution at a plenary session condemning Azerbaijan's military attack on Artsakh Armenians and violations of international law. YEREVAN, July 18. /ARKA/. The Belgian House of Representatives unanimously adopted ... ... preservation of the cultural and religious heritage of Nagorno-Karabakh and calls for allowing a UNESCO mission to assess the damage caused. The resolution welcomes the initiative to conclude a peace treaty and emphasizes the urgency of its signing, calling ...

07/18/2025


A tanker truck with fuel oil fell into a river in Armenia, rescuers will assess the risk of an environmental disaster

A fuel oil tanker with 23 tons of fuel oil fell into the Voghji River in Armenia's Syunik region, the Rescue Service reported. The incident was reported at yesterday at 21:39 on the Kapan-Kajaran highway,... ... into a concrete barrier, the trailer separated from the truck and partially ended up in the Voghji River. As a result of the damage to the tank, a fuel oil leak occurred, which was stopped thanks to the actions of rescuers. Rescuers cleared the road, ...

07/17/2025


More than 100 trucks with Armenian cognac entered Russia – minister

Armenian Economy Minister Gevorg Papoyan announced the dispatch of another batch of Armenian cognac to Russia. YEREVAN, July ... ... The letter stated that the Georgian side, violating the accepted international trade criteria, is causing significant material damage to Armenian producers, who are unable to fulfill their contractual obligations to a third party. The authors of the letter ...

07/15/2025


44 trucks with liquefied gas entered Armenia from Georgia on July 14 – Papoyan

On July 14 alone, 44 trucks with liquefied gas entered Armenia from Georgia, RA Minister of Economy Gevorg Papoyan reported. YEREVAN, July 15. /ARKA/. On July 14 alone, 44 trucks with ... ... exports: serious problems are observed in the export of agricultural products, flowers and Armenian cognac. Greenhouse farms suffer damage, having to destroy cut flowers. According to him, the price of liquefied gas has already increased from 120 to 180 drams ...

07/15/2025


Ninety-nine trucks with liquefied gas enter Armenia from Georgia - Papoyan

As many as 99 trucks carrying liquefied gas entered Armenia from Georgia on July 11 to 13, Armenian Economy Minister Gevorg Papoyan announced in a Facebook post. YEREVAN, July ... ... of inaction on the part of the responsible authorities. Due to incompetent management, the export sector is suffering serious damage. The economy is suffering as a result of the deterioration of relations with Georgia and the Russian Federation. There ...

07/14/2025


Almost 50 trucks with Armenian cognac entered Russia - Papoyan

Armenian Economy Minister Gevorg Papoyan announced the dispatch of another batch of Armenian cognac to Russia. YEREVAN, July ... ... They stated that the Georgian side, in violation of accepted international trade criteria, was causing significant material damage to Armenian producers, who are unable to fulfill their contractual obligations to third parties. The authors of the letter ...

07/07/2025


Risks of investor outflow and damage to economy – experts on nationalization of Electric Networks of Armenia

On July 3, the Armenian National Assembly passed in the second and final reading legislative amendments to the laws On the Public Services Regulatory ... ... investment climate. In his opinion, hasty steps without careful consideration can lead to catastrophic consequences. Vardan Aramyan: Damage to Economy and Investor Outflow Former Finance Minister Vardan Aramyan believes that the deal to nationalize ENA will break ...

07/04/2025


Alen Simonyan says charges brought against Samvel Karapetyan not related to politics

Armenian Parliament Speaker Alen Simonyan said today that the charges brought against Tashir Group President Samvel Karapetyan ... ... unconstitutional and aimed at interfering with property rights; they violate the regime of protection of foreign investments and damage Armenia's international reputation. Samvel Karapetyan's family announced the start of an investment dispute against Armenia ...

07/04/2025


More than 60 trucks with Armenian cognac entered Russia in a week - Papoyan

More than 60 trucks with Armenian cognac entered Russia, Armenian Minister of Economy Gevorg Papoyan reported. YEREVAN, July 3. /ARKA/. More than 60 ... ... The letter stated that the Georgian side, violating accepted international trade criteria, was causing significant material damage to Armenian producers, who were unable to fulfill their contractual obligations to a third party. The authors of the letter ...

07/03/2025


More than 100 trucks with Armenian brandy entered Russia – Papoyan

From June 1 to 29, 106 trucks loaded with Armenian cognac (brandy) crossed the Georgian-Russian border and entered Russia, 19 of them in the last three days, Armenian Economy ... ... They stated that the Georgian side, in violation of accepted international trade criteria, was causing significant material damage to Armenian producers, who are unable to fulfill their contractual obligations to third parties. The authors of the letter ...

06/30/2025


About 70 trucks with Armenian cognac headed to the Upper Lars checkpoint on the Georgian-Russian border - Papoyan

Over the past three days, 69 trucks with cognac headed from the Georgian customs point of Gezi to Upper Lars, said Armenian Economy Minister Gevorg Papoyan. YEREVAN, June 29. /ARKA/. Over the past three days, 69 trucks with cognac headed from ... .... The letter stated that the Georgian side, violating the accepted international trade criteria, causes significant material damage to Armenian producers, who are unable to fulfill their contractual obligations to a third party. The authors of the letter ...

06/29/2025


Nationalization of Electric Networks of Armenia will break the “backbone” of the economy and scare away investors – former Minister of Finance (EXCLUSIVE)

The authorities' plan to nationalize the national power distributing company Electric Networks of Armenia (ENA), announced by Prime Minister Nikol Pashinyan, will break the backbone of the country's economy and scare away investors,... ... actions. They say that all this is enshrined in law. But, for example, what rule did ENA violate, what did it lead to, what damage was done to the public interest by these actions," the former finance minister emphasized. Aramyan explained that,...

06/26/2025


Trucks with Armenian cognac headed to the Upper Lars checkpoint on the Georgian-Russian border - Papoyan

49 trucks loaded with cognac headed from the Georgian customs point of Gezi to Upper Lars, said Armenian Minister of Economy Gevorg Papoyan. YEREVAN, June 25. /ARKA/. 49 trucks loaded with cognac headed from the Georgian ... ... The letter stated that the Georgian side, by violating accepted international trade criteria, is causing significant material damage to Armenian producers, who are unable to fulfill their contractual obligations to a third party. The authors of the letter ...

06/25/2025


Armenian Investigative Committee exposes plans of "Sacred Struggle" movement to seize power

The Investigative Committee of Armenia stated that the participants and leaders of the "Sacred Struggle" movement planned to carry out terrorist acts ... ... by damaging or setting fire to vehicles, as well as to carry out explosions, fire at the walls of buildings and structures, damage or destroy power supply and military communication cables," the Investigative Committee said in a statement. According ...

06/25/2025


Nationalization of ENA would damage Armenia's image and investment environment, says opposition MP

An opposition member of the Armenian parliament Tigran Abrahamyan from I Have Honor bloc has warned that nationalization of the national power distribution company Electric Networks of Armenia (ENA), suggested earlier this week by Prime Minister Nikol Pashinyan would heavily damage Armenia's image and investment climate. YEREVAN, June 20. /ARKA/. An opposition member of the Armenian parliament Tigran Abrahamyan from I Have Honor bloc has warned that nationalization of the national power distribution company Electric Networks ...

06/20/2025


Russian Deputy Prime Minister points out the negative consequences of rapprochement with EU for Armenia

Russian Deputy Prime Minister Alexei Overchuk said in an interview with “Vedomosti” that Armenia's course toward rapprochement with the European Union is already causing damage to the republic's economy. YEREVAN, June 20. /ARKA/. Russian Deputy Prime Minister Alexei Overchuk said in an interview with “Vedomosti” that Armenia's course toward rapprochement with the European Union is already causing damage to the republic's ...

06/20/2025


Problem of Armenian trucks with cognac crossing the Armenian-Georgian border has been resolved - SRC

The problem of Armenian trucks crossing the Armenian-Georgian border, caused by congestion at Georgian customs, has been resolved, the press ... ... The letter stated that the Georgian side, violating the accepted international trade criteria, is causing significant material damage to Armenian producers, who are unable to fulfill their contractual obligations to a third party. The authors of the letter ...

06/19/2025


Armenian Prime Minister accuses Samvel Karapetyan's ENA of causing the country's energy crisis

The Electric Networks of Armenia (ENA) power distribution company (owned by Russia-based bilionaire of Armenian origin Samvel Karapetyan) has practically ... ... today. “A month ago, I instructed a number of government members to introduce a mechanism for compensating citizens for the damage caused by ENA... This company must be nationalized, that is, become a state-owned facility ,” Pashinyan said at a press ...

06/18/2025


Yerevan trading company accused of concealing 1.5 billion drams in turnover, damage to the state estimated at 430 million drams

The State Revenue Committee of Armenia has revealed a case of shadow turnover of 1.5 billion drams by a company engaged in the trade of food and non-food products ... ... that in the period from March 1, 2023 to April 30, 2025, the company concealed sales revenue of about 1.5 billion drams. The damage caused to the state, according to a preliminary assessment, is 430 million drams. Based on the information provided by ...

06/17/2025


Armenian Finance Minister Assesses Impact Of Israel-Iran Escalation On Armenian Economy

Armenian Finance Minister Vahe Hovhannisyan assessed the possible impact of the escalation between Israel and Iran on Armenia's ... ... of June 15, Iran retaliated by attacking Israel with ballistic missiles and drones. Mutual attacks continue, with reports of damage to civilian and military facilities, and numerous deaths and injuries. "There are different possible scenarios. Naturally,...

06/16/2025


50 trucks with Armenian cognac reached Russian customs after problems in Georgia

From June 1 to June 10 inclusive, 50 trucks with Armenian cognac reached the customs authorities of Russia, said Deputy Minister of Economy of Armenia Arman Khojoyan. YEREVAN,... ... The letter indicated that the Georgian side, violating the accepted international trade criteria, causes significant material damage to Armenian producers, who are unable to fulfill their contractual obligations to a third party. The authors of the letter ...

06/11/2025


Customs Service of Armenia considers it inappropriate for Armenian heavy-duty trucks to cross the Armenian-Georgian border – SRC

Taking into account the congestion that has formed in recent days at Georgian checkpoints, the Customs Service of Armenia has considered it inappropriate for Armenian heavy-duty trucks to cross the Armenian-Georgian border, the press service ... ... The letter stated that the Georgian side, violating the accepted international trade criteria, is causing significant material damage to Armenian producers, who are unable to fulfill their contractual obligations to a third party. The authors of the letter ...

06/11/2025


A batch of 10,000 cut flowers from Armenia was not allowed into Georgia

A batch of 10,000 pieces of cut flowers of various types imported from Armenia was detained at the Sadakhlo-Saavtomobilo customs checkpoint, the Georgian Tax Service reports. YEREVAN, June 6. /ARKA/.... ... border quarantine control procedures, non-compliance with the phytosanitary requirements of Georgia was revealed, in particular, damage by harmful insects was noted on the plants," the agency's website says. It is noted that in accordance with the decree ...

06/06/2025


Ministry of Health reports 1 laboratory-confirmed case of West Nile fever in Armenia

On June 3, 1 laboratory-confirmed case of West Nile fever was registered in Armenia, the press service of the Ministry of Health reported. YEREVAN, June 4. /ARKA/. On June 3, 1 laboratory-confirmed case ... ... symptoms include headache, myalgia, rash, joint pain, dizziness, and in severe cases, meningitis, encephalitis, as well as signs of damage to the central or peripheral nervous system. Specialists from the National Center for Disease Control and Prevention continue ...

06/04/2025


Armenian alcohol producers ask WTO intervention due to cargo delays at Georgian border, negotiations to be held in Armenia

More than a dozen Armenian alcohol producers have appealed to state and international structures with a request to urgently assess the tense situation ... ... for over a month. Thus, the Georgian side, in violation of accepted international trade criteria, causes significant material damage to Armenian producers, who are unable to fulfill their contractual obligations to a third party. There is a risk of losing ...

06/04/2025


Hail in Armenia's Ararat Province Damages Crops in 20 Villages - Papoyan

The hail that hit Ararat Province yesterday damaged crops in about 20 villages, Armenian Economy Minister Gevorg Papoyan said today. YEREVAN, May 7. /ARKA/. The hail that hit Ararat Province yesterday damaged crops in about 20 villages, Armenian Economy Minister Gevorg Papoyan said today. "A special commission has been ...

05/07/2025


A Shadow Turnover Of 4 Billion Drams Was Revealed In The Construction Materials Market In Armenia

The State Revenue Committee of Armenia has revealed a case of shadow turnover in the construction materials market worth about 4 billion drams, the press service ... ... the company's undeclared turnover amounted to about 4 billion drams. As a result, the state suffered especially large-scale damage of approximately 1.1 billion drams. The data was transferred to the Investigative Committee, where a criminal case was ...

04/29/2025


Clandestine production of counterfeit vodka discovered in Armenia

The Armenian State Revenue Committee has revealed a case involving the illegal production of counterfeit alcoholic beverages. ... ... identification marks. At the location in question, vodka was produced without the legally required notification, leading to significant damage to the state. Consequently, a criminal case has been opened under the relevant provisions of the Criminal Code of the Republic ...

04/22/2025


Armenian Defense Ministry: Azerbaijani armed forces shelled village in Syunik region

The Armenian Ministry of Defense has reported that Azerbaijani Armed Forces fired at a village in the Syunik region. YEREVAN, April ... ... of the Azerbaijani Armed Forces opened fire in the direction of the village of Khnatsakh in the Syunik region, resulting in damage to the building of the local cultural center. There were no casualties," the statement said. The Armenian Ministry ...

04/14/2025


Economist raises concerns over Armenian export competitiveness amid inflated USD/AMD exchange rate (video)

Armenian exports to the United States may not face direct repercussions from the tariffs introduced by US President Donald Trump.... ... side of trade is unlikely to be adversely affected. Despite the anticipated challenges, Mikayelyan asserts that the overall damage for Armenia will be limited, as the global market is likely to feel the impact as well. He emphasized the need for Armenia's ...

04/13/2025


Consequences of US trade restrictions: economist assesses risks for Armenia's economy

US President Donald Trump is set to impose new mirror tariffs on imported goods from 183 countries, including Armenia, starting April 5. YEREVAN, April 3. /ARKA/. US President Donald Trump is set to impose new mirror tariffs on imported ... ... Trump administration's decision. ARKA - How should Armenian exporting companies act in this situation to minimize possible damage? For example, change logistic chains, reorient to other markets, etc. T. Manaseryan - Producers find their own ways to ...

04/03/2025


Yerevan again denies Baku's report on shelling in the southeastern section of the border

... from the Azerbaijani Ministry of Defense stating that, allegedly, on March 31 at around 11:10, units of the Armed Forces of Armenia (RA) opened fire on Azerbaijani positions located in the southeastern section of the border is false, according to a statement ... ... 00:50, units of the Azerbaijani Armed Forces opened fire towards the village of Khnatsakh (in the Syunik region), resulting in damage to a residential building. There were no casualties

04/01/2025


Azerbaijani Armed Forces shelled a residential building in Syunik - Armenian Defense Ministry

... around 00:50, units of the Azerbaijani Armed Forces opened fire in the direction of the village of Khnatsakh (Syunik region), the Armenian Defense Ministry said. YEREVAN, March 31. /ARKA/. On March 31 at around 00:50, units of the Azerbaijani Armed Forces ... ... Khnatsakh (Syunik region), the Armenian Defense Ministry said. According to the ministry, as a result, a residential building was damaged, there were no casualties. Armenian Defense Ministry reported that the statement issued by the Ministry of Defence of ...

03/31/2025


Armenia's withdrawal from EEU at the stage of negotiations on joining the EU will cost 30-40% of its GDP – Shoigu

Armenia will lose many privileges if it joins the European Union, as it will have to withdraw from the Eurasian Economic Union ... ... the stage of the negotiation process to join the European Union will cost Armenia 30-40% of its GDP. This will cause critical damage to the country's economy, and a drop in production, labor market contraction, rising unemployment and inflation will lead ...

03/20/2025


Grapes and apricots safe: Armenia adopts program of subsidizing agro-insurance

The Armenian government at a session on Thursday adopted a decision introducing a system of subsidizing agro-insurance for 13 types ... ... of Economy Gevorg Papoyan said the government undertakes to subsidize 70-80% of farmers' insurance payments. Besides, if the damage of insurance companies exceeds 200%, the government will compensate the part of the damage exceeding the threshold. According ...

03/13/2025


Armenia will insure crops against frosts

Armenian farms will be offered crop insurance against frosts, Economy Minister Gevorg Papoyan said. YEREVAN, March 5. /ARKA/.... ... farmers' insurance premiums. Besides, if insurance companies' payments exceed 200%, the government will compensate the part of damage that exceeded the established threshold,” Papoyan said at the government's question-and-answer session in Parliament ...

03/05/2025


Material damage from the loss of Karabakh is not less than 80-100 billion dollars - Kocharyan

Former Armenian president Robert Kocharyan today blamed the current authorities for the loss of Artsakh (Nagorno-Karabakh). YEREVAN,... ... joining the European Union, which, he said, is a “weakening vector of foreign policy.” Kocharyan also pointed out the damage caused by Azerbaijan's seizure of Artsakh. “In Karabakh alone, material losses amounted, according to the most modest ...

02/17/2025


Armenia received a claim from Azerbaijan "on causing harm to the nature of Artsakh"

As part of arbitration proceedings under the 1979 Berne Convention, Armenia has received a claim regarding "damage to the nature of Artsakh," which was filed by Azerbaijan in 2023. YEREVAN, February 14. /ARKA/. As part of arbitration proceedings under the 1979 Berne Convention, Armenia has received a claim regarding "damage to the nature of Artsakh,...

02/14/2025


Armenian Tourism Committee did not ask hotel owners to equip prayer rooms for Muslim visitors

Armenian Tourism Committee denied scandalous publications in local media, which claimed that the head of the Committee demanded ... ... Committee urged the media to refrain from publications that mislead the public and contain unverified information that could damage one's reputation and cause unnecessary tension. -0-

02/10/2025


NA Investigative Commission to release report on 44-day war this spring – Commission Head

An ad hoc commission of the National Assembly of Armenia set up to investigate the circumstances of the 44-day war in Nagorno-Karabakh in 2020 autumn will made public a corresponding ... ... prohibited types of weapons (cluster bombs, phosphorus weapons). Bayraktar drones were also actively used, causing significant damage. Strikes were carried out, including on civilian and military targets within the territory of Armenia. On November 9, 2020,...

01/29/2025


Risks of external interference to increase in Armenia in 2025 ahead of 2026 elections - FIS forecast

External interference regarding Armenia and information risks are expected to increase in 2025, especially with the parliamentary elections scheduled for 2026.... ... will aim, among other things, to create internal instability and polarize society. “Actions will continue to be taken that damage Armenia’s relations with other countries, including the spread of false information about our foreign policy and the ...

01/23/2025


Poachers in Lake Sevan master new methods, damage during whitefish spawning season exceeds 12 million drams

Poachers in Armenia have begun to fish in Lake Sevan at night, trying to avoid responsibility, Deputy Head of the Inspectorate for Nature ... ... cases of illegal fishing, confiscating some 2,784 kg of whitefish during the raids, up from 2,400 kg in 2023, and the total damage to nature amounted to about 12.8 million drams. ($1 - 398.84 drams) -0-

01/21/2025


Armenia suffered AMD 8.8bn environmental damage in 2024 - regulator

In 2024, some AMD 8.8 billion worth damage caused to the environment and the state was recorded, the head of Nature and Subsoil Protection Inspection Body Hovhannes Martirosyan said. YEREVAN, 9 January. /ARKA/. In 2024, some AMD 8.8 billion worth damage caused to the environment and ...

01/09/2025


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