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Air transportation between Armenia and Russia increased by 12% in 2024 - Mher Grigoryan
The passenger and cargo transportation between Armenia and Russia by air increased by 12% in 2024 compared to the previous year, said Armenian Deputy Prime Minister Mher Grigoryan. YEREVAN, December 20. /ARKA/. The passenger and cargo transportation between Armenia and Russia by air increased by 12% in 2024 ...
12/20/2024Trade turnover between Russia and Armenia doubles to $10.2 billion - Overchuk
Trade turnover between Russia and Armenia in the first 10 months of 2024 reached $10.2 billion, which is twice as much as in the whole of 2023, Russian Deputy Prime Minister Alexei Overchuk said at a meeting of the Russian-Armenian intergovernmental commission on economic cooperation ...
12/20/2024Armenian delegation leaves for Moscow for economic cooperation talks with Russia
The Armenian delegation will participate in the 23rd session of the intergovernmental commission on economic cooperation between Armenia and Russia in Moscow. YEREVAN, December 20. /ARКА/ The Armenian delegation will participate in the 23rd session of the intergovernmental commission on economic cooperation between Armenia and Russia in Moscow. The corresponding decision was signed by ...
12/20/2024Epidemiologist evaluates the risk of a “mild covid” epidemic in Armenia
The “mild COVID epidemic” that recently began in Russia does not pose any threat to Armenia and will not have catastrophic consequences, said Aida Hovhannisyan, an epidemiologist at the National Center for Disease Control and Prevention of the Ministry of Health, in an interview with Novosti-Armenia ...
12/20/2024Armenian Airlines to resume flights to a number of Russian cities from 20 December
The Armenian Airlines will resume flights to a number of destinations in accordance with the established schedule from 20 December, the airline said in a Facebook post. YEREVAN, 19 December. /ARKA/. The Armenian Airlines will resume flights to a number of destinations in accordance with the established schedule from 20 December, the airline said in a Facebook post. Earlier, the airline had announced the resumption of flights to all destinations from 9 December, but later announced the postponement...
12/19/2024Yerevan hotels recognised as most comfortable in OneTwoTrip rating
..., Qatar (8.9), followed by Kyoto, Japan (8.7) and Belgrade, Serbia (8.6). Earlier, the Armenian Tourism Committee reported that about 2.08 million tourists visited the country during the first 11 months of the current year. Most tourists came from Russia (892,200), Georgia (243,100), Iran (163,800), USA (57,100) and India (38,600).
12/19/2024Armenia and Iran discuss expanding cooperation in tourism
... familiarization visit for Iranian media representatives to Armenia in 2025. Iran is among the top three countries in terms of tourist visits to Armenia: according to the Tourism Committee, of the 152,976 tourists who visited the country in November, 43% came from Russia, 12% from Georgia, and 8% from Iran.
12/18/2024IMF outlines measures to boost Armenia's economic resilience and growth
... years, until 2028, provided that structural reforms are implemented and opportunities for labor force integration are realized. He noted that Armenia's economic growth is returning to normal levels as temporary factors, such as the influx of labor from Russia and India and the integration of refugees from Nagorno-Karabakh into the labor market, begin to weaken. “This could affect potential growth for the next 4-5 years,” he said, adding that in the longer term, attention should be given to demographic ...
12/18/2024Dalan Technopark and OVIO sign memorandum of co-operation
... range of cloud services to private and corporate customers. The company's network is based on fibre optic infrastructure and is located underground, connecting Armenia to the outside world via Georgia and Iran. OVIO has three international links to Russia and Europe, which are physically and geographically separated from each other, guaranteeing reliable and uninterrupted service to the company. OVIO's corporate customers are many large enterprises in Armenia, including banks and other financial ...
12/17/2024Armenia's trade turnover with EEU countries in January-October exceeded $11bn. - Ministry of Economy
... on “10 Years in the Eurasian Economic Union: results and prospects” in the Armenian parliament. Besides, according to him, it was also possible to establish and develop in Armenia production of textile, which is in great demand, in particular, in Russia. The deputy minister pointed out that the EEU accounts for about 50 per cent of Armenian exports. ‘By joining the EEU, Armenia has entered a market with more than 185 million consumers. This means more opportunities for Armenian producers, exporters,...
12/16/2024Rubinyan: Russia leaving South Caucasus on its own
The authorities of Armenia do not seek to expel Russia from the South Caucasus; Russia is leaving the region on its own, said Ruben Rubinyan, Deputy speaker of the National Assembly. YEREVAN, December 12. /ARKA/. The authorities of Armenia do not seek to expel Russia from the South Caucasus; ...
12/13/2024Nearly 153K tourists visited Armenia in November, showing slight increase
... YEREVAN, December 11. /ARKA/. A total of 152,976 tourists visited Armenia in November, according to the Armenian Tourism Committee. In November of last year, 149,919 tourists visited the country. Last month, the highest number of tourist visits came from Russia (43%), Georgia (12%), and Iran (8%). According to official statistics, over 1.92 million tourists visited Armenia in the first 10 months of 2024, which is a 5.8% decrease compared to the same period last year. The largest number of tourists came ...
12/11/2024CSTO was created in a different environment and needs to be adapted to current realities - ex-Armenian Foreign Minister
... way and make appropriate decisions. Let's be frank, we already have a sad experience, which not only became a signal for external players, but also did not contribute to building trust within the organisation,’ he said at a conference on Armenia and Russia in the conditions of global and regional reformatting: lessons and strategic choice. Ayvazyan noted that the latest CSTO summit in Astana (Armenia did not partiipate in it) gave hope that there is an awareness of the need to update the organisation's ...
12/11/2024Roots Furniture: from idea to big Armenian furniture business (video)
... with minimal errors. Acba Leasing has been very easy to work with,’ said Levon Stepanyan, Director of Roots Furniture. Roots Furniture products are currently available in several dozen shops in Armenia. Now the company exports its furniture only to Russia, and in the future it intends to expand the geography of exports. The 100% shareholder of Acba Leasing is Acba Bank. Acba Leasing is supervised by the Central Bank of Armenia. -0-
12/11/2024Indifferent attitude led to huge disappointment: Armenian Foreign Minister on CSTO
Armenia is still formally a part of the Russia-led Collective Security Treaty Organization (CSTO, but it said it has frozen its participation in the organisation's activities, Armenian Foreign Minister Ararat Mirzoyan said in an interview with Finnish news agency Lännen Media. YEREVAN,...
12/09/2024Over 5.3K real estate transactions made in Armenia in October, most by Russians
... garages (12.2%), 180 transactions with public buildings (3.3%), and 58 transactions with industrial buildings (1.5%). In October of this year, foreign citizens completed 157 real estate transactions in Armenia. Of these, 86 transactions were made by Russian citizens, 31 by citizens of European countries, 23 by U.S. citizens, 5 by citizens of CIS countries (excluding Russia), 1 by an Iranian citizen, and 11 by citizens of other countries. Of the 157 real estate transactions made by foreign citizens,...
12/09/2024Armenia's foreign trade for 10 months totalled $26.2bn, growth continues to slow down
... reported. YEREVAN, 6 December. /ARKA/. Armenia's foreign trade turnover in January-October 2024 compared to the same period in 2023 grew by 67.6% to more than $26.2 billion, the National Statistical Committee reported. Foreign trade turnover with Russia totalled $10.8bn, up 91.4% compared to the first ten months of 2023). Trade turnover with EU countries totalled more than $1.9bn, down 14.9%. The top five trading partners were Germany ($403.1m, down 25.8%), Italy ($351.7m, up 1.4%), Belgium ($147....
12/06/2024No documents on Armenia's withdrawal from the CSTO have been received - Lavrov
The Collective Security Treaty Organization (CSTO) has not received any document from Armenia notifying its withdrawal from the organization, Russian Foreign Minister Sergei Lavrov said today. YEREVAN, December 5. /ARКА/. The Collective Security Treaty Organization (CSTO) has not received any document from Armenia notifying its withdrawal from the organization, Russian Foreign Minister ...
12/05/2024Yerevan's participation in Rome Statute harms Armenia's relations with Russia - Zakharova
Yerevan's participation in the Rome Statute ‘against the background of quasi-orders’ issued in The Hague for the arrest of a number of Russian officials causes direct damage to Russian-Armenian relations not only symbolically, but also quite practically, Russian Foreign Ministry spokesperson Maria Zakharova said. YEREVAN, 4 December. /ARKA/. Yerevan's participation in the Rome ...
12/04/2024MP from ruling Armenian party defies PM Pashinyan's request to resign
... Public Television the other day, Pashinyan said he had called on Aghazaryan to resign his parliamentary mandate. Aghazaryan later told reporters that he would make a decision on the issue only after listening to the opinion of his childhood friend from Russia. I have come to certain conclusions by communicating with numerous friends, and with your permission I will make a statement. Dear citizens, the Prime Minister of Armenia Nikol Pashinyan has asked me to resign my mandate as a deputy of the National ...
12/02/2024Net inflow of non-commercial money transfers to Armenia from abroad down 1.4 times in 10 months of 2024
... million in October last year. The inflow of cross-border remittances received from abroad through the banking system in January-October 2024 stood at about $4.5 billion against $4.8 billion in the same period of 2023. The bulk of remittances came from Russia - $2.9 billion and the US - $555.9 million. Russia and the United States were the leaders in remittances to Armenia in the same period last year ($3.4 billion and $542.8 million respectively). The outflow of private remittances from Armenia to ...
12/02/2024Armenia to host next meeting of EEU Joint Board of Customs Services in 2025
Armenia will host a regular session of the Joint Board of Customs Services of Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia, which are members of the Eurasian Economic Union (EEU). YEREVAN, 29 November. /ARKA/. Armenia will host a regular session of the Joint Board of Customs Services of Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia, which are members of the ...
11/29/2024Russia is ready for frank and substantive conversation with Yerevan - Deputy Foreign Minister
Russia remains committed to the entire set of agreements signed with Armenia, Russian Deputy Foreign Minister Mikhail Galuzin said at the second Russia-Armenia public forum. YEREVAN, 29 November. /ARKA/. Russia remains committed to the entire set ...
11/29/2024Russia appoints new defence attaché to its embassy in Armenia
Armenian Defence Minister Suren Papikyan received on Friday the Russian Ambassador to Armenia Sergey Kopyrkin and the newly appointed attaché of the Russian Embassy on defence issues Colonel Alexander Goryanov. YEREVAN, 29 November. /ARKA/. Armenian Defence Minister Suren Papikyan received on Friday the Russian ...
11/29/2024Armenian and Azerbaijani deputy prime ministers had a brief conversation in Moscow
Deputy Prime Ministers of Armenia and Azerbaijan Mher Grigoryan and Yagub Eyubov had a brief conversation on the sidelines of a gathering in Russia that bought together top officials from several former Soviet republics, which are members of the Commonwealth of Independent States (CIS). YEREVAN, 29 November. /ARKA/. Deputy Prime Ministers of Armenia and Azerbaijan Mher Grigoryan and Yagub ...
11/29/2024Tourist arrivals in Armenia may reach 2 million by end of 2024
... Armenia on these flights," Gevorgyan noted. According to the latest official data, over 1.92 million tourists visited Armenia in the first 10 months of 2024, a 5.8% decrease compared to the same period last year. The majority of tourists came from Russia (43%), Georgia (11%), Iran (7%), as well as the United States (3%) and India (2%).
11/29/2024Putin: ‘Today's situation between Armenia and CSTO most likely dictated by internal political processes in Armenia itself’
The situation between Armenia and the Collective Security Treaty Organization (CSTO) is most likely dictated by internal political processes in Armenia itself, Russian President Vladimir Putin claimed today. YEREVAN, 28 November. /ARKA/. The situation between Armenia and the Collective Security Treaty Organization (CSTO) is most likely dictated by internal political processes in Armenia itself, Russian President ...
11/28/2024Armenia to receive €12.9 million from European Commission for nuclear safety enhancement
... been extended until 2026, and efforts are underway to extend it further for an additional 10 years. A new nuclear power plant is planned to be built within 8-10 years. Currently, various options are being compared, and the experience of partners from Russia, the USA, and South Korea is being studied. The Armenian side is already reviewing a preliminary feasibility study for the construction of a new 1200 MW unit, developed by the ‘’Rosatom’’ state corporation. Earlier, Kirill Komarov, First ...
11/28/2024Armenia to develop medical and health tourism - head of Tourism Committee
... German donors in this area,’’ she said. According to the latest official data, over 1.92 million tourists visited Armenia in the first 10 months of 2024, a 5.8% decrease compared to the same period last year. The majority of tourists came from Russia (43%), Georgia (11%), Iran (7%), as well as the United States (3%) and India (2%).-0-
11/28/2024Russia waits for response: Zakharova on delay in opening of Russian consulate in southern Armenia
The situation with the opening of the Russian consulate in Armenia's Kapan has not changed, Russian Foreign Ministry spokesperson Maria Zakharova said at a press briefing on Wednesday. YEREVAN, 27 November. /ARKA/. The situation with the opening of the Russian consulate in Armenia's Kapan ...
11/27/2024Numbeo ranks Armenia among the top 10 safest countries in the world
... Armenia has ranked among the top 10 safest countries in the world, according to the 2024 Numbeo Safety Index. Armenia ranked 8th (77.6 points). Last year, the country was in 7th place. Georgia ranks 20th (73.9 points), Azerbaijan 33rd (68.4 points), Russia 51st (60.9 points), Turkey 53rd (59.1 points), and Iran 90th (50.5 points). A total of 146 countries are included in the ranking, with only those having a population of over 1 million people. Andorra tops the list (87.1 points), followed by the ...
11/27/2024Open borders and better logistics could positively affect Armenia’s trade prospects– EBRD Managing Director
... been additionally disadvantaged by geopolitical challenges. ‘’The borders with two of its neighbours are closed, and international sanctions on the third neighbour, Iran, limits trade in that direction. Since February 2022, economic sanctions on Russia introduced by many developed economies put the trade with Armenia’s biggest export market on a risky ground. Therefore, there are great opportunities in the case of improving geopolitical situation in the region,’’ explained Falchetti.
11/27/2024IMF forecasts inflation in Armenia at 0.2 percent in 2024 and 3.1 percent in 2025
... Armenia Umang Rawat, presenting the report "Caucasus and Central Asia: Economic Outlook and Political Challenges." He noted that the pressure, which in 2022 and early 2023 was caused by a number of factors, including the influx of labor from Russia and India, as well as the integration of refugees from Nagorno-Karabakh into the labor market, is gradually decreasing. According to Rawat, after a significant increase in 2022, inflation was reduced thanks to the implementation of prudent policies ...
11/26/2024IMF: Armenia's economy to grow by up to 5.5% by 2028
... exceeds its potential for an extended period, it carries certain risks. According to the IMF Resident Representative, Armenia's economic growth is returning to normal levels, along with the fading of temporary factors, including the influx of labor from Russia and India, as well as the integration of refugees from Nagorno-Karabakh into the labor market. "It will impact potential growth, possibly for the next four to five years," he said, adding that in the long term, attention should be given ...
11/26/2024EBRD has invested record 2.4 billion euros in Armenia - EBRD Managing Director for Turkey and Caucasus (EXCLUSIVE)
... has been additionally disadvantaged by geopolitical challenges. The borders with two of its neighbours are closed, and international sanctions on the third neighbour, Iran, limits trade in that direction. Since February 2022, economic sanctions on Russia introduced by many developed economies put the trade with Armenia’s biggest export market on a risky ground. Therefore, there are great opportunities in the case of improving geopolitical situation in the region. Open borders and better logistics ...
11/26/2024Armenian Foreign Minister will not take part in CSTO meeting
... co-operation within the CSTO and prospects for further development of the collective security system will be discussed. In February 2024, Armenia announced the freezing of its membership in the CSTO and later also refused to pay membership fees to the Russia-dominated organization. On 12 June, Armenian Prime Minister Nikol Pashinyan said that the next logical step in relations with the CSTO would be to withdraw from the organisation. On 18 September, Pashinyan said that the CSTO was not fulfilling ...
11/25/2024Moscow finds BRICS platform attractive for Armenia
Russian Ambassador to Armenia Sergey Kopyrkin states that too little time has passed to assess any new developments in the official position of Yerevan regarding BRICS activities following the summit in Kazan. YEREVAN, November 25. /ARKA/. Russian ...
11/25/2024Russia remains committed to its security obligations to Armenia – Ambassador
Russia remains committed to its obligations to ensure Armenia's security, said Sergey Kopyrkin, Russian Ambassador to Armenia. YEREVAN, November 25. /ARKA/. Russia remains committed to its obligations to ensure Armenia's security, said Sergey Kopyrkin,...
11/25/2024Russian investments in Armenia total around $4 billion – Kopyrkin
The total amount of accumulated Russian investments in Armenia is approximately $4 billion, Russian Ambassador to Armenia Sergey Kopyrkin, in an interview with ‘’Izvestia’’. YEREVAN, November 25. /ARKA/. The total amount of accumulated Russian investments in Armenia is approximately ...
11/25/2024Armenia and Russia plan to reach record $14-16bn trade turnover - Russian Ambassador
Armenia and Russia have plans to keep up the momentum in mutual trade turnover and reach a record $14-16 billion, Russian Ambassador to Armenia Sergey Kopyrkin said. YEREVAN, 25 November. /ARKA/. Armenia and Russia have plans to keep up the momentum in mutual ...
11/25/2024Armenia sees 20.1% drop in Russian tourists - Ministry of Economy
The decline in the total number of tourists arriving in Armenia during the first nine months of this year is primarily attributed to a decrease in visitors from Russia, who represent the largest share. YEREVAN, November 22. /ARKA/. The decline in the total number of tourists arriving in Armenia during the first nine months of this year is primarily attributed to a decrease in visitors from Russia,...
11/22/2024Papoyan discusses food security and export issues with Russian agriculture minister
Armenian Economy Minister Gevorg Papoyan, during a meeting with Russian Agriculture Minister Oksana Lut on Friday, emphasized the importance of bilateral cooperation, particularly in the area of food security, according to the Ministry of Economy's press service. YEREVAN, November 15. /ARKA/. Armenian ...
11/15/2024Armenia and Russia discuss ways to increase agricultural trade turnover
Armenian Deputy Prime Minister Mher Grigoryan held talks with a delegation led by Russian Minister of Agriculture Oksana Lut on ways to increase agricultural trade turnover. YEREVAN, November 15. /ARKA/. Armenian Deputy Prime Minister Mher Grigoryan held talks with a delegation led by Russian Minister of Agriculture Oksana Lut ...
11/15/2024Over 1.92 million tourists visited Armenia in 2024
... Armenia recorded about 1 million 926.4 thousand tourist visits, according to the Armenian Tourism Committee. This figure is 5.8% lower than in the same period last year, with about 2 million 45 thousand tourist visits. Most tourists came to Armenia from Russia (43%), Georgia (11%), Iran (7%), as well as from the USA (3%) and India (2%). It is noted that, in October of this year, 203.81 thousand tourists visited Armenia, compared to nearly 195.4 thousand in October 2023 (a 4.3% increase). -0-
11/14/2024Under pressure from the West, Yerevan froze its participation in trilateral working group - Zakharova
Bowing to the pressure of the West, Yerevan has frozen its participation in the trilateral working group (set up by Armenia, Azerbaijan and Russia after the 2020 Nagorno-Karabakh war) on reopening regional communications, Russian Foreign Ministry spokesperson Maria Zakharova said at a press briefing on Wednesday, adding that Armenia has also withdrawn from all other trilateral formats....
11/13/2024Gas supply to Armenia halted after Georgia accident
... noted that, during this period, uninterrupted and reliable gas supply to the country's consumers will continue without restrictions, thanks to internal reserves and additional volumes of natural gas from Iran. The monopoly supplier of natural gas from Russia to Armenia for domestic consumption is ‘’Gazprom-Armenia’’ CJSC, a wholly owned subsidiary of the Russian holding Gazprom. Gas is delivered through Georgia, with the price at the border set at $165 per 1,000 cubic meters. ‘’Gazprom-Armenia’’ ...
11/13/2024Trump may nominate Marco Rubio, who voiced support for Armenia, as U.S. Secretary of State
... Rubio stated that American taxpayers' money should not go to Azerbaijan, a country that has brought instability to the region. In April 2024, Rubio voted against providing $95bn in aid to Kiev and ‘urged Ukraine to negotiate an end to the war with Russia, even if it means Russia retains some Ukrainian territory.’ At the same time, the senator is against normalising relations with Cuba and is known for his tough stance on China, Axios writes. CNN, which, citing informed sources, confirms Trump's ...
11/12/2024Full report of commission investigating the 44-day war to be presented to Armenia’s National Assembly
... cluster bombs and phosphorus weapons). Bayraktar drones were also actively deployed, causing significant damage. Strikes were carried out, including on civilian and military targets within the territory of Armenia. On November 9, 2020, the leaders of the Russian Federation, Azerbaijan, and Armenia signed a statement on the cessation of all military actions. A Russian peacekeeping contingent was deployed along the contact line in Karabakh and the Lachin corridor. On January 11, 2021, Presidents Vladimir ...
11/11/2024Number of tourists visiting Armenia over 9 months decreased by 6.2% to 1.7 million
... who visited Armenia in nine months, 761,932 were women and 959,313 were men. The largest group of visitors was aged 36-63 years (850,862 people), while the smallest group was aged 16-17 years (25,839 people). The largest number of tourists came from Russia (740,890 people, or 43% of the total, a decline of 20.1% compared to January-September last year), Georgia (199,145 people, or 11.6%, an increase of 7.1%), and Iran (136,496 people, or 7.9%, an increase of 17.8%). Armenia was also visited by citizens ...
11/06/2024Armenia's foreign trade turnover slows to $23.7 billion in 9 months; major trade partners are Russia, UAE, and China
... Armenia's foreign trade in January-September 2024 increased by 73.5% compared to the same period in 2023, reaching over $23.7 billion, according to the Armenian National Statistical Committee's website. Armenia's largest foreign trade partners were Russia (with a trade turnover of over $9.7 billion, a 99.2% increase compared to the first nine months of 2023) and the EU, with a turnover of about $1.7 billion, a decline of 16.9%. The top five largest trading partners among European countries were Germany ...
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