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Tusk emphasizes expanding cooperation between Poland and Armenia in the economy and other areas
... meeting with Armenian Prime Minister Nikol Pashinyan, Polish Prime Minister Donald Tusk emphasized expanding cooperation with Armenia, particularly in the economy, infrastructure, security, education, science, and other areas. According to the Armenian government's press service, Pashinyan, in the context of deepening trade and economic ties, emphasized the development of economic cooperation. The interlocutors discussed a number of issues related to the implementation of joint programs. They also ...
02/26/2026The certification process for automobile gas cylinders in Armenia will be recorded on video
The Armenian government has adopted draft amendments that will establish new oversight tools for the certification of automobile gas cylinders. YEREVAN, February 26. /ARKA/. The Armenian government has adopted draft amendments that will establish new oversight ...
02/26/2026Armenia Approves Revised Concept for Academic City: Construction to Begin in 2027
The Armenian government has approved a revised concept for the development of Academic City. YEREVAN, February 26. /ARKA/. The Armenian government has approved a revised concept for the development of Academic City. "The German organization International GmbH ...
02/26/2026EBRD has improved its forecast for Armenia's economic growth in 2026, but points to risks
... ±1 percentage point, averaging 3.3% in 2025. "With inflation within the target range, the Central Bank of Armenia cut the policy rate by a total of 50 basis points in February and December 2025," the report states. The EBRD forecasts the government budget deficit to widen to around 5.0% of GDP in 2025, but expects it to follow a growth-friendly consolidation trend from 2026 onward. "Public debt stabilized at around 50% of GDP by September 2025. Exports and imports declined sharply ...
02/26/2026Courier Service and Power of Attorney: Help for Pensioners in Armenia
... /ARKA/. A courier service for bank card delivery will be introduced in Armenia, along with a delivery confirmation mechanism for employees of the Unified Social Service. This was announced by Minister of Labor and Social Affairs Arsen Torosyan at a government meeting on Thursday. "This is being done for citizens who are unable to formalize the transition to cashless pension payments themselves. Some pensioners will be able to receive their pensions by issuing a power of attorney to represent ...
02/26/2026Armenia Simplifies Income Declaration System
At a meeting on Thursday, the Armenian government approved a proposal to simplify the universal income declaration system, submitted by the Ministry of Finance. YEREVAN, February 26. /ARKA/. At a meeting on Thursday, the Armenian government approved a proposal to simplify the universal income ...
02/26/2026Armenia is coordinating with the US the legal framework for the "Trump Route" – Pashinyan
... emphasized that the project will also create new opportunities for the European Union, as the geopolitical situation in the world is currently leading to a supply chain crisis. "And the 'Trump Route,' which is a very important part of the Armenian government's 'Crossroads of Peace' project, will create a new road, a new supply route from East to West, from the European Union to Central Asia and vice versa," Pashinyan stated.
02/26/2026Minister: Armenia has cancelled 17-hour water supply schedule from May to September
There will be no changes to the water supply schedule in Armenia as a result of government intervention, stated Minister of Territorial Administration and Infrastructure David Khudatyan. YEREVAN, February 26. /ARKA/. There will be no changes to the water supply schedule in Armenia as a result of government intervention, stated Minister ...
02/26/2026Armenia plans to allocate 75 billion drams annually to increase pensions and benefits - Papoyan
...,000 drams is planned to begin on April 1, 2026. About cashback on benefits and pensions Since July 1, 2022, a cashback program has been available in Armenia for pensioners and benefit recipients for cashless payments for purchases and utilities. By government decision, the program has been extended until December 31, 2026. Initially, the cashback was 10% of the monthly amount spent (up to a maximum of 5,000 drams per month), later increasing to 12% (up to a maximum of 6,000 drams). Effective January ...
02/25/2026"Formula 1", motorsports, and tourism: Armenia and FIA discussed expanding cooperation
... economic development priorities and ongoing infrastructure projects, emphasizing the importance of deepening international partnerships, actively engaging the private sector, and creating a favorable investment climate. The Minister reaffirmed the Armenian government's readiness to support joint initiatives and consider mutually beneficial proposals.
02/25/2026Armenia is exploring available options for small modular nuclear power plants
... possibilities of a smooth and safe transition to a new nuclear power unit," Mirzoyan stated. According to him, the selection process is based on Armenia's commitment to reliability, long-term sustainability, and the highest standards of nuclear safety, security, and non-proliferation. About the Armenian-American Agreement During the visit of US Vice President J.D. Vance to Armenia on February 9-10, a joint document was signed concluding negotiations on an intergovernmental agreement on cooperation in the peaceful use of nuclear energy. The document forms the legal basis for further cooperation in the peaceful use of nuclear energy, specifically licensing and the possible involvement of US technologies and equipment ...
02/25/2026Minister Provides Details on How and By What Rate Pensions and Benefits Will Increase in Armenia
... again become a pension," the minister concluded. About cashback on benefits and pensions Since July 1, 2022, a cashback program has been in effect in Armenia for pensioners and benefit recipients on non-cash payments for purchases and utilities. By government decision, the program has been extended until December 31, 2026. Initially, the cashback was 10% of the monthly amount spent (up to 5,000 drams per month), later increasing to 12% (up to 6,000 drams). Effective January 1, 2026, the cashback ...
02/25/2026Unibank’s perpetual bonds have been listed on the Armenia Securities Exchange
... REPO trading. The bank issued three tranches with a total volume of AMD 6.5 billion and USD 9 million. The coupon rate of the AMD-denominated issuances for the first three years is 13.75%, after which it will be calculated based on the yield curve of government bonds. The rate of the USD-denominated bonds is 8.3%, and after the first three years, it will be calculated based on the SOFR rate. Unibank was the first in Armenia to issue perpetual bonds. The launch of this new instrument was a significant ...
02/25/2026Pension increases planned in Armenia starting April 1
... budget envisages a 5.1% increase in eco-bonuses. About cashback on benefits and pensions Since July 1, 2022, a cashback program has been available in Armenia for pensioners and benefit recipients for cashless payments for purchases and utilities. By government decision, the program has been extended until December 31, 2026. Initially, the cashback was 10% of the monthly amount spent (up to 5,000 drams per month), later increasing to 12% (up to 6,000 drams). Effective January 1, 2026, the cashback ...
02/25/2026Mike Rubino, Partner at Forward Global, Confirmed as Speaker at the Second Investment and Financial Forum of Armenia
... country’s financial and investment community. The forum is organized by Freedom Broker Armenia. Held under the theme “The Time of Opportunity: Armenia in the New Architecture of Global Markets,” the event will bring together representatives of government institutions, businesses, international experts, investors, and technology leaders. Among the confirmed international speakers is Mike Rubino, Partner at the international consulting firm Forward Global and former Senior Advisor to Donald J....
02/23/2026Pashinyan proposed abandoning water releases from Lake Sevan and called Armenia's water resource management ineffective
... management of water resources in the country and called for a review of their use, including abandoning the release of water from Lake Sevan for irrigation. Speaking on Monday at an event dedicated to the 25th anniversary of the Water Committee, the head of government found it strange that only a small portion of agricultural land in Armenia is irrigated, despite the presence of significant water resources. "The problem is not the availability of resources, but our ability to manage them effectively,...
02/23/2026Armenia is focusing on medical and religious tourism
... demand," Gevorgyan said. She emphasized the importance of Armenia's representation at various international forums. "The importance of domestic tourism must also be taken into account. We are talking about developing infrastructure through a government program in the regions, grant programs for tourism education, and systematizing information (digitizing data) on all tour operators. The Tourism Committee will provide certificates. A rating system will be launched," Gevorgyan said. As ...
02/23/2026Armenia's budget deficit will average around 3.3% of GDP in 2026-2029 – S&P
... reduction in perceived short-term security risks following the peace talks with Azerbaijan. It is noted that social spending remains targeted, including continued support for displaced persons and vulnerable households. "We project the general government deficit in 2026 at 4.2% of GDP, below the official target, based on our assumption of underutilization of capital spending, although this will likely be partially offset by pre-election pressure for increased spending," the report states....
02/23/2026Registration Open for the Second Investment and Financial Forum of Armenia 2026
... in 2024 and brought together more than 500 participants. Organized jointly by Freedom Broker Armenia and the Ministry of Economy of the Republic of Armenia, the forum became a leading platform for engagement among key market stakeholders, including government authorities, business representatives, the media, and the wider public. Freedom Broker Freedom Broker Armenia is a licensed broker that provides a wide range of investment opportunities and financial services to clients, providing seamless ...
02/20/2026EU confirmed a €200 million aid package for Armenia ahead of the first-ever joint summit
... options for priority projects identified jointly with Armenia were outlined, with areas such as trade and mobility discussed. The final reform and investment plan under the Armenia Resilience and Development Action Plan was approved with the Armenian government, including the second tranche of €202.5 million. Kos previously announced the €202.5 million disbursement during her visit in September 2025. The strategic agenda is based on the EU-Armenia Comprehensive and Enhanced Partnership Agreement ...
02/20/2026European Commission representatives visited Yerevan ahead of the first EU-Armenia summit
... based on the Comprehensive and Enhanced Partnership Agreement (CEPA). As noted in the statement, the discussions focused on regional connectivity in the transport, energy, and digital sectors. Particular attention was paid to supporting the Armenian government's "Crossroads of Peace" initiative and its implementation in the context of the regional connectivity agenda. The final format of the reform and investment package under the Armenia Resilience and Growth Plan was also confirmed with ...
02/19/2026Armenia to Receive €100 Million from AFD for Integrated Development of Water and Agricultural Sectors
At a meeting on Thursday, the Armenian government approved the ratification of a framework agreement with the French Development Agency (AFD) for a €100 million uncommitted credit line for the integrated development of the water and agricultural sectors. YEREVAN, February 19. /ARKA/. At ...
02/19/2026Armenian government has allocated an additional 948 million drams for 18 subsidy programs in the regions
At a meeting on Thursday, the Armenian government approved the allocation of 948 million drams to co-finance subsidy programs in the regions for infrastructure development. YEREVAN, February 19. /ARKA/. At a meeting on Thursday, the Armenian government approved the allocation of 948 million ...
02/19/2026Armenian government approved a law on equal conditions for local and foreign investors
At a meeting on Thursday, the Armenian government approved a new draft law of the Republic of Armenia "On Investments." YEREVAN, February 19. /ARKA/. At a meeting on Thursday, the Armenian government approved a new draft law of the Republic of Armenia "On Investments." ...
02/19/2026Japan and UNDP to allocate $5.2 million for agricultural development and support for displaced persons in Armenia
The Government of Japan and the United Nations Development Programme (UNDP) office in Armenia signed a new $5.2 million program document in Yerevan to develop agriculture and improve the living conditions of displaced persons. YEREVAN, February 18. /ARKA/....
02/18/2026Pashinyan to attend first meeting of Board of Peace
Armenian Prime Minister Nikol Pashinyan has departed for the United States, the government press service reported. YEREVAN, February 18. /ARKA/. Armenian Prime Minister Nikol Pashinyan has departed for the United States, the government press service reported. On February 19, he will attend the first meeting of the Board of Peace ...
02/18/2026PSRC chairman: government will engage in negotiations with ENA on transfer of ownership rights
... investment programs, delays and procedural violations in connecting new subscribers, as well as breaches of construction and fire safety regulations during the construction and renovation of specific facilities. The commission asserts that ENA has issued risky ... ... inspections and evaluations. Mesrop Mesropyan, the head of the Public Services Regulatory Commission (PSRC), stated that the government will engage in negotiations with the owner or the Board of Directors of ENA concerning the transfer of ownership rights ...
02/16/2026Armenia and Russia reach understanding on repairing Yeraskh and Akhurik railway sections, Minister
... in the coming days," Khudatyan said at a press briefing on Friday. According to him, if possible, the Russian side would be the preferred party. "If any obstacles arise, although, in my opinion, there shouldn't be any problems, the Armenian government will independently restore the railway in these sections, as this is one of the key points in the logic of reopening," the minister noted. On February 12, Russian Deputy Prime Minister Alexey Overchuk announced that Russia and Armenia ...
02/13/2026Armenia to restart agricultural insurance program - minister
... potatoes, cherries, sweet cherries, wheat, barley, and oats," Papoyan revealed during a live update on his Facebook page. The minister identified hail, spring frosts, and drought as the risks covered by the insurance. He also mentioned that the government will subsidize 40% of the insurance premium for apricot, wheat, barley, and oat crops, while providing 60% support for other crops.-0-
02/13/2026Armenia is readying for a wave of US-led investment that could exceed $13 billion, Bloomberg
... elections on June 7. He’s due to host dozens of political leaders in Yerevan at the European Political Community summit in May. Taken together, the potential $13 billion projects dwarf previous foreign investments in Armenia. They pave the way for the government’s ambition of anchoring US capital and technology in key sectors, even if the sums don’t fully materialize. “When companies are deciding to invest billions of dollars in Armenia, it creates ideas for others as well,” Firebird’s co-founder ...
02/13/2026A rapid response medical group will be established in Armenia
A rapid response medical group will be established in Armenia. YEREVAN, February 12. /ARKA/. A rapid response medical group will be established in Armenia. The corresponding decision was made at a government meeting on Thursday. According to the rationale for the decision, this group may be involved in providing medical assistance to victims of emergencies in Armenia, as well as in international humanitarian missions abroad. The procedure for its ...
02/12/2026A digital registry of tour operators and a points-based system are being introduced in Armenia
A digital registry of tour operators and a points-based system are being introduced in Armenia, RA Minister of Economy Gevorg Papoyan announced at a government meeting on Thursday. YEREVAN, February 12. /ARKA/. A digital registry of tour operators and a points-based system are being introduced in Armenia, RA Minister of Economy Gevorg Papoyan announced at a government meeting on Thursday. The government ...
02/12/2026More than 76,500 Armenian citizens received social loans totaling 6.2 billion drams in 2025: Prime Minister
... billion drams, announced Prime Minister Nikol Pashinyan. According to him, the funds were returned to citizens based on their income declarations for 2024. "The average social loan repayment per applicant was 81,000 drams," Pashinyan said at a government meeting on Thursday. The Prime Minister noted that the program is important for regulating and improving the targeting of social policy. About Social Credits in Armenia The social credit system provides compensation for citizens' expenses in ...
02/12/2026Pashinyan outlines the criteria for Armenia's selection of a partner nation for building a new nuclear power facility
... regarding new nuclear reactor initiatives with Russia, the United States, France, China, and South Korea. It is essential that we ensure the chosen proposal best serves the Republic of Armenia's interests," Pashinyan stated on Wednesday during the government Q7A session in parliament. The prime minister pointed out that a comprehensive analysis of the nuclear energy market over the long term is crucial when making this decision. He highlighted that the electricity produced by the Metsamor Nuclear ...
02/11/2026Armenia to hand over draft agreement on "Trump Route" to U.S., Pashinyan
... we will follow this schedule: in the next few days, we will present our perspectives on the agreement related to the TRIPP initiative to our US partners. The draft document will be founded on the implementation framework that has been approved by the governments of both nations, which is, in turn, based on the statement from August 8, 2025," Pashinyan mentioned during a government Q&A session in parliament on Wednesday. He indicated that work on the feasibility study for the project has already ...
02/11/2026Russia's Nuclear Capabilities Surpass those of the US, Peskov
... services over the long term at a reduced cost," Peskov remarked, as reported by TASS. During the official two-day visit of US Vice President J.D. Vance to Armenia on February 9, a joint document was finalized, concluding discussions on an intergovernmental agreement for cooperation in the peaceful use of nuclear energy. This document establishes the legal framework for ongoing collaboration in the peaceful use of nuclear energy, particularly concerning licensing and the potential integration ...
02/11/2026Tourist arrivals to Armenia increased by 28.6% in January, reaching 179,400
... period of 2025 (an increase of 28.63%), the Tourism Committee reported. According to the agency, the largest number of tourist arrivals in January were from Russia – 73,071 (41%), Georgia – 21,490 (12%), and Iran – 14,974 (8%). According to the government's Strategic Program for Tourism Development in Armenia for 2026–2030, the number of tourists visiting the country is expected to reach 3 million annually.-0-
02/10/2026Armenia plans to introduce a new universal income declaration system
... "We are striving to create a new system. A tender has been announced," Hakobyan said on Tuesday. He noted that starting this year, pensioners will also be required to complete income declarations. "Our system will be linked to other government systems, allowing for automatic receipt of information on pensions and social benefits," Hakobyan explained. He also mentioned that, with the applicant's consent, banks will submit deposit and income data to the State Revenue Committee ...
02/10/2026Yerevan and London discuss establishing direct flights; timelines announced
... programs. Khudatyan mentioned that his ministry is executing a significant infrastructure initiative and expressed optimism regarding the involvement of British firms in these projects and international tenders. Additionally, they discussed the Armenian government’s “Crossroads of Peace” initiative.-0-
02/10/2026US Vice President, his wife, and children arrive in Armenia
... landed at Yerevan's Zvartnots International Airport. His wife, Usha Vance, and their three children arrived with him. They were welcomed at the airport by Armenian National Assembly Speaker Alen Simonyan. According to the press service of the Armenian government, a meeting between Armenian Prime Minister Nikol Pashinyan and the US Vice President will take place this evening, following which they will deliver statements. Earlier, the US State Department stated that the purpose of the American delegation's ...
02/09/2026Armenia and United States are implementing investment programs worth approximately $1 billion, Papoyan
... amounting to roughly $1 billion," the minister remarked. Papoyan pointed out that several projects are already in progress and noted that such a level of collaboration is unprecedented for Armenia. The minister also expressed that the Armenian government is keen on enhancing investment cooperation with the United States and exploring new projects to strengthen bilateral economic ties. According to Armstat, Armenia's trade turnover with the United States in 2025 reached $348.4 million, reflecting ...
02/09/2026Special rules established for the construction project of the new Ajapnyak metro station - Yerevan Municipality
.... /ARKA/. The Yerevan Municipality has established special procurement and construction rules for the construction of the new, 11th station of the Yerevan metro, Ajapnyak, announced Aneta Babayan, adviser to the mayor. According to her, the Armenian government has adopted a special decision in connection with the implementation of the project. "These special conditions will allow the integration of best international contract management practices into current Armenian procurement legislation....
02/09/2026US Vice President to Visit Armenia February 9-10
US Vice President J.D. Vance will arrive in the Republic of Armenia on February 9 for a two-day official visit. He will be accompanied by his wife, Usha Vance, the RA government press service reported. YEREVAN, February 9. /ARKA/. US Vice President J.D. Vance will arrive in the Republic of Armenia on February 9 for a two-day official visit. He will be accompanied by his wife, Usha Vance, the RA government press service ...
02/09/2026Papoyan on growth in Armenia's economic sectors and decline in exports and imports in 2025
... there has been a decline in both exports and imports, attributed to a drop in the re-export of refined (Russian) gold, along with a slight decrease in the supply of other goods due to tightening sanctions. The minister emphasized that the Armenian government is vigilant in monitoring all decisions made by the EU or the US concerning Russia's exports."We immediately take them into account and make appropriate decisions. That's why we prevented goods transiting through Armenia in 2023-2024 ...
02/06/2026Armenia and Azerbaijan exchanged lists of goods they are likely to trade– Papoyan
... us. This will require time; it is a challenging and prolonged process," Papoyan remarked during a press conference on Friday regarding the 2025 outcomes. He mentioned that this process is primarily in the hands of the private sector, while the government is facilitating conditions through political agreements, road openings, and railway activation. "We have already established a considerable part of these conditions, but they are not yet fully realized. For instance, there is currently ...
02/06/2026Armenia and the UAE Sign Agreement on Trade in Services and Investment
Minister of Economy Gevorg Papoyan and UAE Minister of Foreign Trade Thani bin Ahmed Al Zeyoudi signed an agreement on trade in services and investment between the governments of Armenia and the United Arab Emirates in Abu Dhabi. YEREVAN, February 6. /ARKA/. Minister of Economy Gevorg Papoyan and UAE Minister of Foreign Trade Thani bin Ahmed Al Zeyoudi signed an agreement on trade in services and investment between ...
02/06/2026Armenia does not see the need to leave the EAEU – Alen Simonyan
... that Armenia does not plan to sever economic ties with the EAEU and does not aim to reduce trade with the EAEU and Russia. According to him, Armenia is pursuing economic diversification and wants to increase trade with the European Union. The head of government also noted that the start of the EU accession process offsets certain foreign policy risks. According to him, Armenia can only become an EU member if the people approve this initiative in a referendum, and the main challenge facing Armenia ...
02/05/2026Armenia simplifies VAT and income tax transaction adjustments for businesses
At a meeting on Thursday, the Armenian government approved a draft law amending and supplementing the Tax Code, aimed at regulating issues of documentation, tax reporting, and the calculation and payment of VAT and income tax. YEREVAN, February 5. /ARKA/. At a meeting on Thursday, the Armenian ...
02/05/2026Armenian Government Sets Limits and Timeframes For Commercial Fishing From Lake Sevan For 2026
At a meeting on Thursday, the Armenian government approved limits and timeframes for the commercial cathch of fish and crayfish from Lake Sevan for 2026, as well as the conditions and requirements for organizing the fishing. YEREVAN, February 5. /ARKA/. At a meeting on Thursday, the Armenian ...
02/05/2026Yerevan to Host the Second Investment and Financial Forum of Armenia
... dedicated to the development of capital markets and Armenia’s role in the evolving global financial system. The forum will be organized by Freedom Broker Armenia with the invited participation of the Ministry of Economy of the Republic of Armenia as the government body overseeing capital market development policy, and will bring together representatives of the financial and investment community, government institutions, and experts. The forum will take place around the theme of “The Moment of Opportunity: ...
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