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Passage on Armenia's longest bridge allowed again
Traffic on Nor-Hachin Bridge, the longest bridge in Armenia, which spans the Hrazdan Gorge, has been resumed, the Road Department reported. YEREVAN, 11 December. /ARKA/. Traffic on Nor-Hachin Bridge, the longest bridge in Armenia, which spans the Hrazdan Gorge, has been resumed, the Road Department reported. Traffic on the bridge had been closed since 20 August ...
12/11/2024Unblocking communications will restore region's role: Armenian speaker on talks with Azerbaijan
Armenia is actively engaged in negotiations with Azerbaijan to unblock transport infrastructures. YEREVAN, December 11. /ARKA/.... ... transport potential, we must focus our efforts on effectively utilizing PABSEC mechanisms. The implementation of the Black Sea Ring Road and Sea Routes initiatives can significantly enhance the sustainability and quality of transport infrastructure in our region....
12/11/2024Catches of whitefish temporarily banned in Armenia
Catches of whitefish in Lake Sevan in Armenia will be banned until 20 January due to the spawning period, the police press service reported. YEREVAN, 9 December.... ... illegal catch. In particular, on 6-8 December, more than 90 kg of whitefish were found in the area of Jil settlement and on the road Yerevan-Sevan-Ijevan. About Lake Sevan Lake Sevan is one of the most popular tourist attractions in Armenia. In length, from ...
12/09/2024Cargo transport in Armenia falls 10.5%, passenger transport rises 19.5%
The total volume of cargo transportation in Armenia for January-October 2024 amounted to 13,684.2 thousand tons, showing a decrease of 10.5% compared to the same period in ... ... Transportation Over the first ten months of the current year, the total volume of freight transportation was 10,974.7 thousand tons by road transport (a decline of 7.4% compared to January-October 2023), 1,491.2 thousand tons by main pipeline transport (a decline ...
12/09/2024Armenian Parliament approves $200 million loan agreement with EFSD for Kajaran tunnel construction
On Wednesday, the Armenian parliament approved a $200 million loan agreement with the Eurasian Fund for Stabilization and Development (EFSD) for the construction of the Kajaran road tunnel in the Syunik region of Armenia. YEREVAN, December 4. /ARKA/. On Wednesday, the Armenian parliament approved a $200 million loan agreement with the Eurasian Fund for Stabilization and Development (EFSD) for the construction of the Kajaran ...
12/04/2024EFSD and Armenian Ministry of Territorial Administration to assess condition of flood-damaged bridges in Lori and Tavush
The Eurasian Fund for Stabilisation and Development (EFSD) and the Armenian Ministry of Territorial Administration and Infrastructure are starting to assess the condition of bridges damaged by ... ... Stabilisation and Development (EFSD) is implementing more than 10 projects in Armenia in such areas as agriculture and water management, road construction and healthcare, energy and state budget support (some of them co-financed by the authorities of the country ...
12/04/2024EBRD to announce 44 million euro financing package for refugees in Armenia
... its own Refugee Response Plan by designing and implementing a number of upskilling and reskilling initiatives for the refugees to facilitate their economic integration. ‘We have also been actively supporting the development of the infrastructure in Armenia. These efforts complement and support the Government’s Crossroads of Peace initiative,’she added. One of the most notable projects for this year was funding the construction of Sisian-Kajaran road part of the North-South corridor infrastructure rehabilitation. According to her, as Armenia is landlocked, solid ...
11/26/2024EBRD has invested record 2.4 billion euros in Armenia - EBRD Managing Director for Turkey and Caucasus (EXCLUSIVE)
... agency EBRD Managing Director for Turkey and the Caucasus, Elisabetta Falcetti speaks about the bank's investments and goals in Armenia, as well as its priorities and future programs. YEREVAN, November 26. /ARKA/. In an exclusive interview with the ... ... actively supporting the development of the infrastructure in Armenia. These efforts complement and support the Government’s Crossroads of Peace initiative. One of the most notable projects for this year was funding the construction of Sisian-Kajaran road ...
11/26/2024Armenian Parliament considers transforming EFSD into independent structure
The Armenian parliament committee on financial and budgetary affairs has considered the issue of transforming the Eurasian Fund for ... ... Stabilisation and Development (EFSD) implements more than 10 projects in Armenia in such areas as agriculture and water management, road construction and healthcare, energy and state budget support (some of them are co-financed by the government and other international ...
11/25/2024EIB ready to continue partnership in implementation of Armenian government's priority projects - Vice-President
The European Investment Bank (EIB) is ready to continue partnership with the government of Armenia in the implementation of the government’s priorities and strategic projects, the bank's Vice President Teresa ... ... said to underscore the importance of the effective cooperation between the government and the EIB, including in such areas as road construction, infrastructure development, energy, as well as water economy and others, the government press service reported....
11/14/2024Yerevan public transport to cost 880-900 drams daily from January 1
A table with new public transport fares starting January 1, 2025 is circulating on Armenian social media. YEREVAN, November 14. /ARKA/. A table with new public transport fares starting January 1, 2025, is ... ... these purposes, given that there are many other equally important areas that require funding — such as landscaping, updating road markings, repairing kindergartens, and others. "We used to pay 100 drams for trips on minibuses, but now this is no ...
11/14/2024Infrastructure capabilities to resume operation of Kars (Turkey) - Gyumri (Armenia) railway under assessment- Mirzoyan
Infrastructure capabilities to resume the operation of the Kars (Turkey) - Gyumri (Armenia) railway are being assessed, Armenian Foreign Minister Ararat Mirzoyan said today. YEREVAN, November 13. /ARKA/.... ... Mirzoyan said in parliament. ‘I must note that, as before, an assessment of the checkpoints and adjacent infrastructures for road communications was carried out jointly with Turkey. A similar process is taking place around the Kars-Gyumri railway,’ ...
11/13/2024$9bn investment can help Armenia decarbonise economy and improve energy security - WB report
Armenia can enhance energy security, protect its people from the harmful effects of pollution, and ensure more sustainable growth ... ... generation capacity (especially solar and wind), strengthen the power grid to enable the integration of renewables, electrify road transportation and heating, and increase energy efficiency of buildings. This would require an investment of over $6 billion....
11/08/2024Cargo transportation in Armenia drops 11.7% over nine months, while passenger transportation rises 19.8%
The total volume of cargo transportation in Armenia reached over 12 million tons in January-September 2024, marking an 11.7% decrease compared to the same period in 2023.... ... according to the National Statistical Committee. In the first nine months of this year, over 9.6 million tons were transported by road (a 7.9% decline compared to January-September 2023), over 1.2 million tons by main pipelines (a 4.9% decline), over 1 million ...
11/08/2024Armenia to take €236 million in loan from EIB for Sisian-Kajaran road construction
The Armenian government approved a loan agreement with the European Investment Bank (EIB) on Thursday, whereby the country will be provided with with €236 million for the construction of 60 km of the Sisian-Kajaran road. YEREVAN, November 7. /ARKA/. The Armenian government approved a loan agreement with the European Investment Bank (EIB) on Thursday, whereby the country will be provided with with €236 million for the construction of 60 km of the Sisian-Kajaran ...
11/07/2024Development of 360-meter tunnel and road infrastructure concreting begins on Armenia's ‘’North-South’’ route
Construction of 360-metre tunnel has started on the North-South road section from Agarak to Kajaran (phase 4). YEREVAN, 7 November. /ARKA/. Construction of 360-metre tunnel has started ... ... implementation of the project is on schedule. A mission of the Eurasian Fund for Stabilisation and Development (EFSD) staff in Armenia visited the road section. The EFSD has allocated a loan of 150 million US dollars for the construction of this section....
11/07/2024Armenia to take a $200 million loan from EFSD for construction of Kajaran tunnel
... committee on financial and budgetary issues approved today the ratification of a $200 million loan agreement between Armenia and the Eurasian Fund for Stabilization and Development (EFSD) by the parliament for building the Kajaran tunnel ... ... border with Iran. The program aims to enhance the potential of transit transportation and reduce accidents on the North-South road corridor. According to the project, a tunnel approximately 7 km long is planned to be built near the city of Kajaran, and ...
11/06/2024In the center of Yerevan, 145,000 subscribers will be provided with uninterrupted power supply
... /ARKA/. Some 145,000 subscribers in the center of Yerevan, including 5000 state institutions, will have uninterrupted power supply, the press service of the Municipality reported. It said the national power distribution company Electric Networks of Armenia (ENA) will lay 40 km of cable on 40 streets. According to the report, the construction sites have appropriate equipment to ensure the safety of pedestrians and road traffic. The investment program being implemented jointly with ENA will solve the energy supply problems that have accumulated over decades. Earlier, ENA announced plans to invest approximately 6.7 billion drams to modernize the power supply network ...
11/05/2024"Tormak" - a new corner of rural tourism in Lori (VIDEO)
Since 2019, the Tormak guest house has been operating on the road leading to the Stepanavan dendropark and has become one of the favorite places for tourists. YEREVAN, November 1. /ARKA/.... ... contributes to the development of agriculture, small and medium-sized businesses, and community revitalization in rural areas across Armenia. Its efforts focus on improving the business environment and enhancing the well-being of individuals engaged in entrepreneurship ...
11/01/2024Yerevan and Ankara to discuss relaunch of Gyumri-Kars railway
Representatives of Armenian and Turkish government agencies will meet soon to assess the conditions for resuming the Gyumri-Kars railway,... ... Turkish Minister of Transport and Infrastructure Abdulkadir Uraloglu in Istanbul during the World Congress of the International Road Federation. Details about this meeting have not been disclosed. As Armenian Foreign Minister Ararat Mirzoyan stated on ...
10/25/2024Armenia expects Iran to play an active role in ''Crossroads of Peace'' project- Ambassador
... communications between Armenia, Georgia, Turkey, Azerbaijan, and Iran through the utilization of roads, railways, cables, pipelines, and power lines. This will create a short and efficient... ... Mediterranean Sea, as well as a route from the Persian Gulf to the Black Sea. According to Armenia's position, all infrastructures operate under the sovereignty and jurisdiction... ... each country implements border and customs control on its territory and ensures the safety of the movement of goods, vehicles, and people along these routes. -0-
10/21/2024Armenia and Iran actively cooperate in road construction, transport and energy - Ambassador
Armenia and Iran are actively cooperating in the infrastructure sector, implementing a number of important projects, said Armenian ... ... "With the participation of Iranian companies, construction work is underway on the 32-kilometer section of the Qajaran-Agarak road of the North-South road transport project. In addition to its important infrastructural significance, this project has strategic,...
10/21/2024Armenia considers presence of extraterritorial corridors in region unacceptable; Iran supports principle of territorial integrity – Armenian ambassador
Armenia considers the existence of any extraterritorial corridor unacceptable, stated ... ... of equality and reciprocity. This is the position expressed through the "Crossroads of Peace" program. We emphasize that these considerations regarding Armenia... ... agency "ISNA". According to him, Armenia is ready to fully guarantee the safety of goods, vehicles and movement of people on its territory. "Official...
10/21/2024Armenia interested in unblocking all communications in the region - Mirzoyan
Armenia attaches great importance to regional consultations and engagements, Armenian Foreign Minister Ararat Mirzoyan said at ... ... transport communications in our region. Our vision of enhanced regional connectivity is clearly reflected in the "Crossroads of Peace" initiative, which was introduced by the Prime Minister of Armenia one year ago. ‘The key essence of this ...
10/18/2024Italian company Systematica to develop transport system for Academic City in Yerevan
The Armenian government approved on Thursday procurement of services from the Italian company Systematica without announcing ... ... there will be no traffic on the territory of the Academic City at all or it will be limited. 'It is for this purpose that a ring road will be built around the Academic City. At the same time, it is also necessary to think about how to provide access to the ...
10/17/2024Armenian Minister of Territorial Administration and Infrastructure and Turkish Minister of Transport and Infrastructure held a meeting in Strasbourg
Armenian Minister of Territorial Administration and Infrastructure Gnel Sanosyan met with Turkish Minister of Transport and Infrastructure ... ... press service of the department reported. The meeting took place on the sidelines of the World Congress of the International Road Federation. -0-
10/16/2024Armenia not going to return its occupied territories by military means - Pashinyan
... communications between Armenia, Georgia, Turkey, Azerbaijan and Iran through the use of roads, railways, cables, pipelines and power lines. This would allow for a short and... ... Mediterranean Sea, as well as a route from the Persian Gulf to the Black Sea. According to Armenia's position, all infrastructures should operate under the sovereignty and jurisdiction... ... each country on its territory shall implement border and customs control, ensure the safety of movement of goods, vehicles and people along them. -0-
10/12/2024Passage of people and transport through “Upper Lars” on the Russian-Georgian border resumed
... across the state border is carried out in the normal mode,” it said in a statement quoted by Interfax. Traffic was suspended due to ongoing repair work on the Georgian side. The Upper Lars is located in Russian North Ossetia on the Georgian Military Road leading from Russia to Georgia. The Georgian Military Road runs in the high mountains and is currently the only land route linking Russia with Georgia and Armenia. -0-
10/08/2024Iran supports Armenia's territorial integrity and ‘Crossroads of Peace’ project - Vice President
Armenian Prime Minister Nikol Pashinyan received on Tuesday an Iranian government delegation led by the First Vice President of ... ... developments in the discussions on the peace treaty between Armenia and Azerbaijan, as well as the project of his government's ‘Crossroads of Peace’ project aimed at unblocking regional communications and its principles, stressing that Armenia is ready to promote ...
10/01/2024Iran eases vehicle entry for Armenian travellers
The Touring and Automobile Club of Iran has introduced a new initiative to facilitate the entry of vehicles from Armenia into the Islamic Republic, the Tehran Times reported. YEREVAN, September 30. /ARKA/. The Touring and Automobile Club ... ... conference on the second day of Iran’s National Tourism Week, seeks to simplify customs formalities and enhance international road travel between Iran and neighboring countries. Moreover, the plan is intended to cut down on intermediaries, reduce costs ...
09/30/2024Armenia's agricultural trade turnover with the EAEU increases by 7.3% in 8 months - Ministry of Economy
According to customs control data, the turnover of agricultural products between Armenia and the EAEU countries increased by 7.3% in January-August, said Deputy Minister of Economy of Armenia Arman Khojoyan.... ... the points of cooperation. In the context of infrastructure, he noted that Armenia annually invests a lot of money in major road repairs. “In 2024, approximately $150 million was allocated for major road repairs and about $15 million for technical ...
09/30/2024Overhaul of Sevan transport hub will cost 432.4 million drams
The capital repair of the Sevan transport hub will cost the state budget of Armenia 432.4 million drams, Armenpress reported with reference to the Department of Urban Development, Land and Infrastructure ... ... Infrastructure. The project includes the laying of 2.690 meter long two-layer asphalt concrete, as well as marking, equipping with road signs, installing metal blocks, plastic signal posts and major repairs to the upper part of the currently operating bridge ...
09/19/2024Armenians left $100bn worth of property after exodus from Artsakh.
Armenians of Artsakh (Nagorno-Karabakh) left $100 billion worth of property in their homeland after their forced exodus ... ... Artsakh also had 27,000 cars, 8,000 lorries and 2,046 pieces of agricultural machinery. In addition, Artsakh had a well-developed road network, 445 kilometres of which were asphalted. During the 24-hour campaign that began on 19 September, the Azerbaijani ...
09/18/2024Checkpoints on the border between Georgia and Russia will be closed at night until October 2
... to October 2, between 05:00 and 08:00 Moscow time, checkpoints on the border between Georgia and Russia will be closed due to road repairs, reported TASS news agency, citing the Georgian Ministry of Finance. YEREVAN, September 17 /ARKA/. From September ... ... closed due to road repairs, reported TASS news agency, citing the Georgian Ministry of Finance. The only land route between Armenia and Russia passes through the ‘’Upper Lars’’ checkpoint.
09/17/2024Armenia ready for changes in logistics for dialogue with Europe and Asia simultaneously - minister
Armenia's economy is demonstrating high growth rates, which indicates the country's readiness for the upcoming ... ... strategic location allows for an effective dialogue with both Europe and Asia simultaneously. "Armenia is located at the crossroads of Europe and Asia and has absorbed the influence of the value systems of both in economic, governance and cultural terms....
09/11/2024Pashinyan highlights importance of Crossroads of Peace project for rail connectivity with Iran, Russia, Turkey
... transportation link," Pashinyan stated. The Crossroads of Peace initiative was first presented by Pashinyan at the Silk Road Forum in Tbilisi in October 2023. The project aims to enhance regional connectivity, highlighting open borders and fostering economic, political, and cultural ties as essential elements of a lasting peace agenda. As part of the project, Armenia's National Security Service (NSS) has established a special unit responsible for ensuring the safety of freight, vehicles, and passengers along international routes crossing through Armenia.
09/10/2024Iran rejects so-called 'Zangezur corridor' - ambassador
Iranian Ambassador to Armenia Mehdi Sobhani once again reiterated his country's strong objection to the so-called "Zangezur corridor" ... ... line" for us," Sobhani told reporters in Yerevan on Friday, Tert.am reports. On the possible transfer of control over the road to a private security company, Sobhani said that Iran is against this road being controlled by representatives of other countries....
09/06/2024Direct flights launched between Armenia, China
The flight, operated by China Southern Airlines, marks the first direct connection between China and Armenia. YEREVAN, September 4. /ARKA/. On September 3, a ceremonial event was held at Yerevan's Zvartnots Airport to welcome ... .... He also underscored Armenia's role as a key partner in the South Caucasus and its active participation in China's Belt and Road Initiative. In the first half of 2024, trade between China and Armenia exceeded $1.4 billion, marking a more than 40% increase ...
09/04/2024Russia aware of Iran's concerns over "Zangezur Corridor"
... position on the unacceptability of an extraterritorial corridor that would connect mainland Azerbaijan with Nakhchivan through Armenia. She suggested that those seeking clarification on Iran's stance should direct their inquiries to Tehran. She emphasized ... ... Azerbaijan by crossing Armenian territory in the Syunik region, which borders Iran. The project includes the construction of both road and rail links. There have been persistent rumors in the media regarding the potential extraterritorial status of this "corridor....
08/29/2024Armenian Embassy in Georgia warns of traffic restrictions on Georgian-Russian border
The Armenian Embassy in Georgia warns of traffic restrictions in Devdorak tunnel (Upper Lars border crossing) on the Georgian-Russian ... ... of vehicles will be restricted on 15, 16 and 17 August from 10:00 to 19:00. During this period, vehicles will use the bypass road on a temporary schedule under the direct control and coordination of the police, the embassy noted. Upper Lars is the only ...
08/14/2024Georgia to build a motorway to Armenia worth 250 million euros
... expropriate land from owners in Marneuli district for the construction of a new Rustavi-Sadakhlo motorway to the border with Armenia, Novosti-Georgia news agency reported citing the order of the Minister of Economy, published in the parliament gazette.... ... gazette. The project is financed by the European Investment Bank within the framework of the loan agreement for the East-West road project. The new highway, which will run parallel to the existing road, will be four-lane and its length will be about 30 ...
08/12/2024Armenia's cargo transport drops by 16.8% in H1 2024, passenger traffic sees significant increase
In the first half of 2024, Armenia's total cargo transport volume reached 7,439.1 thousand tons, marking a 16.8% decrease compared to the same period in ... ... up by 22.8% from the previous year. Cargo Transport The bulk of the cargo transport—5,872.2 thousand tons—was handled by road transport, though this sector experienced a 9.6% decline from January-June 2023. Pipeline transport accounted for 972.9 thousand ...
08/09/2024Russia Increases Capacity of Upper Lars Checkpoint, No Need for Ferry — Papoyan
Russia has increased the capacity of the Upper Lars checkpoint on its border with Georgia, so there is no need for Armenian forwarding companies to look for ferry services, Armenian Economy Minister Gevorg Papoyan told reporters on Thursday.... ... services, Armenian Economy Minister Gevorg Papoyan told reporters on Thursday. "Our economic entities continue to use this road. In my opinion, the queues at the checkpoint will be reduced in the near future and the problems will be solved," Papoyan ...
08/08/2024Landlocked Armenia must make the best use of human resources - ADB head in Armenia (exclusive)
... allocates considerable funds to the countries of its presence to combat climate change in order to ensure sustainable development. Armenia is not an exception in this context. In an interview with ARKA news agency, Don Lambert, Country Director for ADB's Armenia ... ... been involved in many projects, and now it is planned to finance the construction of the northern section of the Sisian-Kajaran road. This investment will help the people of Syunik to have better communication with Yerevan, i.e. to have access not only to ...
08/01/2024EFSD holds a workshop on procurement and financial management in project implementation in Yerevan
... Stabilization and Development (EFSD) conducted a workshop on efficient procurement and financial management in project implementation in Armenia, EFSD said in a press release. YEREVAN, July 19. /ARKA/. The Eurasian Fund for Stabilization and Development (EFSD) ... ... together representatives from the Ministry of Finance, executing agencies, and project implementation teams from sectors such as road construction, water, energy, social infrastructure, and health. The EFSD monitors the funds allocated to projects, including ...
07/19/2024Trade turnover with Armenia surges from $200m to $711m - Iranian Ambassador
... independence. ‘This $212 million contract is for the construction of the Agarak-Kajaran road in southern Armenia, which is part of the North-South corridor. This road reduces the travel time from 1 hour 20 minutes to 20 minutes and the width of the road increases from 6 metres to 17 metres, which is very useful in terms of safety and speed. We have other smaller joint projects,’ Sobhani said. He said Iran exports 360 million cubic metres of gas to Armenia annually and imports electricity in return, adding that Iranian gas exports to Armenia will double in the near future. ‘We have managed to bring the third power transmission line from Armenia to Iran almost to the final stage, which will be ...
07/19/2024Armenia requests ADB funding of 236 million euros for construction of Sisian-Kajaran road
Armenia has officially applied to the Asian Development Bank (ADB) in order to obtain EUR 236 million funding for the construction of Sisian-Kajaran road, the Armenian Finance Ministry said following a meeting of Minister Vahe Hovhannisyan with ADB Deputy Executive Director Levelin Charles Roberts in Yerevan. YEREVAN, 18 July. /ARKA/. Armenia has officially applied to the Asian Development Bank ...
07/18/2024Armenia’s Foreign Minister meets with UN Deputy Secretary-General in New York to discuss collaborative programs
... joint programs between Armenia and UN structures, particularly the UN Economic Commission for Europe. Both parties reviewed Armenia's progress in achieving the Sustainable Development Goals (SDGs) and discussed the country's third Voluntary National ... ... Agenda" goals, specifically in transportation infrastructure, renewable energy, green economy, environmental protection, and road safety. The sides also discussed priorities for collaboration on multilateral platforms, including within the group of landlocked ...
07/17/2024Armenian budget deficit of AMD 46.4 billion recorded in May- WB
A budget deficit of AMD 46.4 billion was recorded in May (yoy) in Armenia after a surplus of AMD 47.2 billion in April (yoy), according to the World Bank's Armenia Monthly Economic Update – ... ... drop in current expenditure. On the other hand, capital expenditure more than doubled, driven by an increase in spending in road construction. The January-May cumulative budget balance showed a marginal deficit of AMD 64 million, compared to an AMD 101 ...
07/16/2024Armenian Defence Ministry says no servicemen injured in road accident in Tavush
Armenian Defence Ministry has denied today a string of media reports alleging that six soldiers were injured when a truck carrying ... ... that six soldiers were injured when a truck carrying them collided with a passenger minibus. According to the ministry, the road accident happened in Tavush province. It added that no serviceman was injured as a result and no serviceman was hospitalized....
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