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Almost 50 trucks with Armenian cognac entered Russia - Papoyan
... 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 appealed to international organizations and partners abroad to urge the Georgian government to end this arbitrary blockade and lift restrictions hindering the transit of goods through its territory. The problem was resolved in early June, Papoyan reported that Georgia had allowed 52 trucks carrying alcoholic beverages from Armenia ...
07/07/2025Nikol Pashinyan has nothing to do in Armenia - Samvel Karapetyan said he is ready to fight for Armenia
Armenian Prime Minister Nikol Pashinyan and his government have no connection with the future of the Armenian people, says in a new statement by Tashir Group President and benefactor Samvel Karapetyan, who is currently in the Armenian National Security Service detention center. YEREVAN, July 7. ...
07/07/2025Risks of investor outflow and damage to economy – experts on nationalization of Electric Networks of Armenia
... developed market economies. 'But this is an extreme measure, which is resorted to only when all other ways of implementing state policy have been exhausted.' According to him, with an appropriate legislative framework, as is envisaged in Armenia, the government can effectively oversee infrastructure management by regulating prices, setting standards and ensuring quality and transparency. “Under such conditions, a step towards nationalization is an extremely risky decision that can undermine investment ...
07/04/2025Pashinyan to Trump: Armenia aims to expand cooperation with US in trade and other areas
... Independence Day. The message reads: YEREVAN, July 4. /ARKA/. Prime Minister Nikol Pashinyan sent a congratulatory message to US President Donald Trump on the occasion of the national holiday, Independence Day. The message reads: "On behalf of the Government and people of the Republic of Armenia, as well as on my own behalf, I warmly congratulate you and the friendly people of the United States of America on the occasion of the national holiday, Independence Day. Armenia and the United States are ...
07/04/2025Monthly assistance to certain groups of Artsakh residents in the amount of 30 thousand drams will continue until the end of the year
... support mechanism in April, but we postponed the transition for another two months. The monthly support program of 40,000 drams for housing payments continued in April and May, and in June a new resolution came into force," Khachatryan said at a government meeting on Thursday. According to him, from July until the end of the year, assistance will be provided only to minors, persons of retirement age, and persons with disabilities in the amount of 30,000 drams each. On September 19-20, 2023, Azerbaijan ...
07/03/2025Armenian parliament adopts legislative amendments allowing nationalization of Electric Networks CJSC
... "On the Public Services Regulatory Authority" provide for the initiation of administrative proceedings by the Public Services Regulatory Commission of Armenia against the operator in the energy sector. It is envisaged to oblige the authorized government body to send a message in case of special risk of licensees' activities in this area and to determine the consequences of such a message; to determine the possibilities of applying preventive measures when initiating proceedings against licensees ...
07/03/2025Armenia expands list of settlements for housing purchase by forcibly displaced people from Artsakh, financial assistance limit - 4 million drams
. At a meeting on July 3, the Armenian government expanded the list of settlements in which refugees from Nagorno-Karabakh can build or buy housing to 611. YEREVAN, July 3. /ARKA/. At a meeting on July 3, the Armenian government expanded the list of settlements in which refugees from Nagorno-Karabakh ...
07/03/2025More than 60 trucks with Armenian cognac entered Russia in a week - Papoyan
... causing significant material damage to Armenian producers, who were unable to fulfill their contractual obligations to a third party. The authors of the letter appealed to international organizations and partners abroad with a request to urge the Georgian government to end this unauthorized blockade and lift restrictions that prevented the transit movement of goods through its territory. The problem was resolved in early June - on the 5th, Papoyan reported that Georgia had allowed 52 vehicles with alcoholic ...
07/03/2025Armenian authorities not discussing issue of nationalization of water supply operator
... Tashir Group Samvel Karapetyan, who was arrested on charges of publicly calling for the seizure of power; a "nationalization process" has been launched against ENA - ed.). Earlier, it was reported that the Yerevan City Hall sent a letter to the government and the Water Management Committee of Armenia with a proposal to review and regulate contractual relations with Veolia Jur CJSC due to problems with sewerage and drainage in the capital. About the water supply operator company Veolia Jur CJSC ...
07/03/2025Singapore-based multinational Trafigura interested in projects in Armenia
..., 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. According to the press service of the government, ir presented details about Trafigura's activities in different countries around the world and emphasized his interest in implementing projects in Armenia as well. Pashinyan stressed the importance of continuing dialogue and discussions in ...
07/02/2025Legislative changes aimed at nationalizing Electrical Networks of Armenia violate property and investor rights - lawyer
... Energy" was submitted to parliament in a matter of days, providing for the initiation of administrative proceedings by the Public Services Regulatory Commission of Armenia against the operator in the energy sector. It is envisaged to oblige the authorized government body to send a notice in the event of a particular risk of the activities of licensees in this area and determine the consequences of such a notice; determine the possibilities of applying preventive measures when initiating proceedings against ...
07/02/2025Minister states plan to nationalize ENA preceded its owner's political statement.
... Khudatyan said in parliament on Tuesday. "The Prime Minister of Armenia gave a written instruction to the Ministry and to me personally (regarding inspections at ENA) in May, and the political statement followed after that. In other words, the government decided to intervene in the ENA management in order to ensure qualitative changes,“ Khudatyan said during a discussion of amendments to the laws On Public Services Regulatory Authority and On Energy, designed to push through parliament in ...
07/01/2025Opposition MP Accuses Armenian Authorities of Attempting to Seize “Electrical Networks”
... seizing ENA, which will have an extremely negative impact on the overall investment sphere. The question arises - why urgently? The answer is the well-known statement by Samvel Karapetyan in support of the Armenian Church, which caused urgency in the government,” MP Anna Grigoryan said in parliament. Addressing the authorities, Grigoryan said that even if “you jump into the sky and come down to earth, this is still a bill to seize the ENA.” About the bill The National Assembly of Armenia on ...
07/01/2025Republic of Armenia put on notice of investment dispute for its actions against Samvel Karapetyan and Electrical Networks of Armenia
... take long. Nikol Pashinyan published several threatening Facebook posts aimed at Karapetyan, and immediately after, on 17 June, police raided Karapetyan’s home. Karapetyan was arrested and unlawfully charged with making a public call to overthrow the government. On 18 June, the First Instance Criminal Court of Yerevan ordered two months pre-trial detention of Karapetyan. The same day, the Prime Minister announced that “Electric Networks of Armenia” CJSC, a company beneficially owned by the Karapetyan ...
07/01/2025Kallas told Pashinyan about the EU's readiness to help strengthen Armenia's resilience
High Representative of the European Union for Foreign Affairs and Security Policy Kaja Kallas highly appreciated the government's commitment to democratic reforms at a meeting with Armenian Prime Minister Nikol Pashinyan, the government's press service reported. YEREVAN, June 30. /ARKA/. High Representative of the European Union for Foreign Affairs and Security Policy ...
06/30/2025More than 100 trucks with Armenian brandy entered Russia – Papoyan
... 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 appealed to international organizations and partners abroad to urge the Georgian government to end this arbitrary blockade and lift restrictions hindering the transit of goods through its territory. The problem was resolved in early June, Papoyan reported that Georgia had allowed 52 trucks carrying alcoholic beverages from Armenia ...
06/30/2025Accusations of Electrical Networks of sabotage are false - head of the company
... but, as a sign of goodwill, we are participating in the repairs," he noted. Therefore, as Ghazinyan stated, the accusations of sabotage by Electric Networks are false. He also recalled that the power outage that occurred several months ago at a government meeting also occurred due to the fault of High-Voltage Electric Networks. networks". Recently, Armenian Prime Minister Nikol Pashinyan announced the readiness of the plan for the nationalization of ENA, claiming that the process will be ...
06/30/2025Bill on nationalization of "Electrical Networks of Armenia" is illiterate - acting CEO
The acting CEO of Electrical Netwroks of Armenia (ENA) David Ghazinyan described a government-designed bill on nationalization of the power distrbution company, promoted by Prime Minister Pashinyan, as 'illiterate.' YEREVAN, June 30. /ARКА/. The acting CEO of Electrical Netwroks of Armenia (ENA) David Ghazinyan described a government-designed ...
06/30/2025About 70 trucks with Armenian cognac headed to the Upper Lars checkpoint on the Georgian-Russian border - Papoyan
... causes significant material damage to Armenian producers, who are unable to fulfill their contractual obligations to a third party. The authors of the letter appealed to international organizations and partners abroad with a request to urge the Georgian government to end this unauthorized blockade and lift the restrictions that impede the transit of goods through its territory. On June 5, Papoyan reported that Georgia allowed 52 vehicles with alcoholic beverages from Armenia to pass in the direction ...
06/29/2025Pashinyan and Macron discussed bilateral, regional, and international issues
Armenian Prime Minister Nikol Pashinyan had a telephone call with French President Emmanuel Macron, the Armenian government press service reported. YEREVAN, June 29. /ARKA/. Armenian Prime Minister Nikol Pashinyan had a telephone call with French President Emmanuel Macron, the Armenian government press service reported. It said they discussed a string of issues ...
06/29/2025Overchuk: Armenia's accession to EU contradicts EEU norms
... the Eurasian Economic Commission,” he added. The law on the start of the process of Armenia's accession to the EU was adopted in Armenia this spring, and the president signed it on April 4. However, Armenian officials have repeatedly stated that the government's agenda does not include withdrawal from the Eurasian Economic Union. -0-
06/27/2025Armenian parliament to consider amendments allowing regulator to initiate proceedings against electricity operator
The National Assembly of Armenia, at the initiative of the government, will convene an extraordinary session on July 1, the parliament’s website reports. YEREVAN, June 27. /ARKA/. The National Assembly of Armenia, at the initiative of the government, will convene an extraordinary session on July 1, the parliament’s ...
06/27/2025Nationalization of Electric Networks of Armenia will break the “backbone” of the economy and scare away investors – former Minister of Finance (EXCLUSIVE)
.... The Cypriot company still owns 30% of the shares. “If the transaction took place between two foreign investors, then two legal norms apply to it: the law ”On the Protection of Foreign Investments“ (Article 8) and the Agreement ”Between the Government of the Republic of Armenia and the Government of the Russian Federation on the Promotion and Mutual Protection of Investments." The law clearly states that foreign investments in Armenia are not subject to nationalization. This law also ...
06/26/2025Statements by authorities against businesses threaten business environment and investment attractiveness of Armenia – SME Cooperation Association
... reputation of the country and international ratings in the near future," the statement says. It emphasizes that a striking example of this is the threats made in recent days by high-ranking officials against the Electric Networks of Armenia, which the government is set to nationalize. "Such an approach can undermine investor confidence and disrupt economic stability. We, representatives of the business community, express the hope that this statement will be a signal for government agencies to ...
06/26/2025Armenian government allocate s2.1 billion drams for the implementation of 18 subsidy projects in the regions
At a meeting on Thursday, the Armenian government approved the allocation of 2 billion 124 million drams for the implementation of 18 subsidy projects in the regions. YEREVAN, June 26. /ARKA/. At a meeting on Thursday, the Armenian government approved the allocation of 2 billion 124 million ...
06/26/2025Armenian government approved a proposal to sign an agreement on economic partnership between the EAEU and the UAE
On Thursday, at a regular meeting, the Armenian government approved a proposal to sign an agreement on economic partnership between the EAEU and its member states and the UAE. YEREVAN, June 26. /ARKA/. On Thursday, at a regular meeting, the Armenian government approved a proposal to sign an agreement ...
06/26/2025Armenia approves proposal to sign temporary trade agreement between the EAEU and Mongolia
The Armenian government approved a proposal to sign a temporary trade agreement between the EAEU and its member states and Mongolia at a regular meeting on Thursday. YEREVAN, June 26. /ARKA/. The Armenian government approved a proposal to sign a temporary trade ...
06/26/2025In May, economic activity in Armenia increased by 10.4%, and the number of jobs reached 790.32 thousand - Prime Minister
... period in 2024, Armenian Prime Minister Nikol Pashinyan said. YEREVAN, June 26. /ARKA/. The economic activity indicator in Armenia in May 2025 increased by 10.4% compared to the same period in 2024, Armenian Prime Minister Nikol Pashinyan said. At a government meeting on Thursday, he indicated that in January-May of this year, this indicator showed an increase of 5.7% compared to the same period last year. "However, in this context, I consider it important to note that an unprecedented record ...
06/26/2025Armenian authorities intend to organize a free subscription to ZCMC shares - Prime Minister
... June 26. /ARKA/. One of the strategic goals of the Armenian authorities is to organize a free subscription to the shares of the Zangezur Copper and Molybdenum Combine (ZCMC), Armenian Prime Minister Nikol Pashinyan said at a meeting of the Armenian government. Thus, according to him, Armenian citizens will be able to use their savings to purchase shares and leave them as an inheritance to their children or use them as they wish. "I would like to state that this should become one of our end ...
06/26/2025Pashinyan proposed to put up for sale shares of ENA so that citizens of Armenia could buy them
... Prime Minister Nikol Pashinyan proposed to put up for sale (free subscription) shares of CJSC Electric Networks of Armenia (ENA) so that not only corporations, but also citizens of the Republic of Armenia could have the opportunity to buy them. At a government meeting on Thursday, he said that, as is known, there are problems in the power supplies sector of Armenia, including those related to quality. "Yesterday I participated in the opening of the Homplex Mall, and during the opening ceremony ...
06/26/2025Homplex Mall building materials center opens in Armenia, $70 million invested in it.
... about 1,000 people. Prime Minister Nikol Pashinyan participated in the opening ceremony, which took place on June 25. He got acquainted with the work carried out, the conditions created and the activities of the center, the press service of the Armenian government reported. It is noted that Homplex Mall is a multifunctional complex, the purpose of which is to form a new culture in the construction industry. It is also planned that Homplex Mall will become a platform for business cooperation, a place ...
06/26/2025Archbishop Bagrat Galstanyan and several of his associates arrested for 2 months
... of plotting “terrorist acts” in a bid to seize power. His lawyer said that he intends to appeal the court's decision. The Investigative Committee said in a statement Archbishop Bagrat Galstanyan began plotting to violently overthrow the Armenian government last November with members of his opposition movement. The statement said they planned to kill unnamed “civilians,” carry out other violent actions, and paralyze the country’s security apparatus to that end. Law enforcement officials ...
06/26/2025Nationalization process is not some kind of “store” that can be taken and nationalized - economist on situation with Electric Networks of Armenia (EXCLUSIVE)
... law, talking about nationalization is simply elementary illiteracy. Manaseryan said that from the point of view of the functioning of the economy, it is even difficult to imagine what consequences the nationalization of such an object will have if the government nevertheless makes the appropriate decision. "Of course, theoretically this is possible, but in practical terms, what impact will it have on the economy, and on foreign policy, how will those states that understand the importance of this ...
06/25/2025Trucks with Armenian cognac headed to the Upper Lars checkpoint on the Georgian-Russian border - Papoyan
... significant material damage to Armenian producers, who are unable to fulfill their contractual obligations to a third party. The authors of the letter appealed to international organizations and partners abroad with a request to call on the Georgian government to end this unauthorized blockade and lift restrictions that impede the transit movement of goods through its territory.
06/25/2025Armenian Investigative Committee exposes plans of "Sacred Struggle" movement to seize power
... supply and military communication cables," the Investigative Committee said in a statement. According to the department, members of the criminal group were simultaneously planning to disable electronic control systems and websites of the Armenian government and other government agencies through hacker attacks, with the ultimate goal of destabilizing the activities of state authorities. Urgent investigative and other procedural actions are being carried out within the framework of the criminal ...
06/25/2025Armenia's export strategy for 2025-2030 discussed by the government
At a government meeting chaired by Prime Minister Nikol Pashinyan, the draft Strategic Export Program of the Republic of Armenia for 2025-2030 was discussed, the government press service reported. YEREVAN, June 25. /ARKA/. At a government meeting chaired ...
06/24/2025EDB forecasts Armenia's economic growth at 5.3% in 2026 and 5% in 2027
... /ARKA/. The Eurasian Development Bank forecasts that Armenia's economic growth will reach 5.5% in 2025, 5.3% in 2026 and 5% in 2027. "GDP growth of 5.5% in 2025 will be achieved due to the sustainable expansion of domestic demand amid growth in government spending, lending and transfers. The forecast for 2025 includes the stimulating impact of budget policy on the economy," the macroeconomic forecast for 7 participating countries for 2025-2027 says. Figures and forecasts for the Armenian ...
06/24/2025Armenia and Georgia discuss cooperation on migration and combating crime
... and congratulated him on his appointment to the responsible post, expressing hope that during Geladze's tenure, cooperation between the law enforcement agencies of the two countries will become more active and effective. He stressed that the Armenian government will make every effort to achieve this goal, according to the press service of the RA government. The Georgian interior minister noted the importance of the centuries-old friendship and close cooperation between the two countries in the interests ...
06/23/2025Vape importer suspected of tax evasion worth $370,000 in Armenia (video)
... company significantly underestimated the volumes of products and evaded the payment of excise tax and VAT. These cigarettes were marked with excise stamps, the electronic registration of which also understated the volumes of liquids. As a result, the government suffered damages in the amount of more than 142 million drams. A notice of non-payment of taxes in a particularly large amount was sent to the Investigative Committee, which initiated criminal proceedings. Searches were conducted at about 30 ...
06/23/2025Pashinyan and members of American Chamber of Commerce discuss stimulating investment and improving business environment
... Armenia that represents companies from various sectors of the economy. Economic policy issues were discussed, including stimulating investment, improving the business environment, tax regulation, and ongoing reforms, according to the press service of the government. Pashinyan emphasized the importance of such meetings, calling them a good opportunity to discuss all issues of mutual interest. In this way, he said, a specific agenda for further cooperation between the Armenian government and members of ...
06/23/2025Pashinyan and Erdogan discussed the normalization of Armenia's relations with Turkey and Azerbaijan
... the Republic of Turkey, Recep Tayyip Erdogan. The two leaders discussed the process of normalizing Armenian-Turkish relations and emphasized the importance of continuing constructive dialogue and achieving concrete results. According to the Armenian government's press service, the two leaders also touched upon regional developments and possible areas of bilateral cooperation in this context. Pashinyan noted Armenia's commitment to establishing peace and stability in the region and emphasized his ...
06/21/2025Almost 60% of respondents highly evaluate activities of Armenian Armed Forces and Armenian Church
... findings of the survey conducted by the Arar Foundation, were revealed today by the organization's director, Armen Khachikyan. "At the same time, some 58.5% of respondents are dissatisfied with the activities of the National Assembly, 45.8% with the government, and 24.3% with the police. Also, 18.5%, 27.8%, and 49% are satisfied with the activities of these structures, respectively," Khachikyan said. He reported that 61.7% of respondents are satisfied with the activities of the Armed Forces,...
06/20/2025Nationalization of ENA would damage Armenia's image and investment environment, says opposition MP
... imaginable in Armenia in terms of economic and investment blows,” Abrahamyan said. He also said that he could not imagine the procedure for nationalizing ENA because it is not a legal process, and it is unclear how it will be implemented — by a government decision or at the parliamentary level. The Electric Networks of Armenia is part of the Tashir Group of Companies, owned by Samvel Karapetyan. It manages medium and low voltage distribution networks in Armenia, serving 1 million subscribers ...
06/20/2025Armenia institutionalized defense industry
he Armenian government has approved two new regulations: "On conducting state tests of military products, their parts, components, prototypes and results of special research and development work in the Republic of Armenia" and "On forming, financing ...
06/20/2025People in need will be provided with jobs in Armenia, employers will receive compensation
At a meeting on Friday, the Armenian government approved the Program for Providing Support in the Form of Paid Public Works to Able-bodied Citizens from Families Recognized as Indigent under the Indigent Assessment System. YEREVAN, June 20. /ARKA/. At a meeting on Friday, the Armenian ...
06/20/2025Russian Deputy Prime Minister points out the negative consequences of rapprochement with EU for Armenia
... question they will have to answer," he emphasized. On April 4, Armenian President Vahagn Khachaturyan signed the law "On the beginning of the process of accession of the Republic of Armenia to the European Union." After that, the country's government stated that it does not have the issue of leaving the Eurasian Economic Union (EAEU) on its agenda.
06/20/2025No plans for trilateral meeting between Pashinyan, Erdogan, and Aliyev in Turkey, says MP
The head of Armenia's National Assembly's Foreign Relations Committee Arman Yeghoyan from the pro-government Civil Contract party did not rule out a trilateral meeting between the leaders of Armenia, Azerbaijan, and Turkey during Nikol Pashinyan's upcoming visit to Istanbul, scheduled for June 20. YEREVAN, June 19. /ARKA/. The head of Armenia's ...
06/19/2025Nikol Pashinyan said that only in June 2025 did he feel like a full-fledged Prime Minister of Armenia
The head of the Armenian government, Nikol Pashinyan, said that in June 2018 (when he came to power), he was the Prime Minister “conditionally”, and most of all, he was an “outpost” Prime Minister. YEREVAN, June 19. /ARKA/. The head of the Armenian government, Nikol ...
06/19/2025Problem of Armenian trucks with cognac crossing the Armenian-Georgian border has been resolved - SRC
... causing significant material damage to Armenian producers, who are unable to fulfill their contractual obligations to a third party. The authors of the letter appealed to international organizations and partners abroad with a request to urge the Georgian government to end this unauthorized blockade and lift the restrictions that impede the transit movement of goods through its territory.
06/19/2025Armenian Prime Minister to leave for Turkey on working visit
Armenian Prime Minister Nikol Pashinyan will leave for Turkey on June 20 on a working visit, the press service of the Armenian government reported. YEREVAN, June 19. /ARKA/. Armenian Prime Minister Nikol Pashinyan will leave for Turkey on June 20 on a working visit, the press service of the Armenian government reported. Armenian Prime Minister Nikol Pashinyan said at a briefing ...
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