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Armenia has developed a strategic program for tourism development in the country for 2026–2030
The government's strategic program for tourism development in the country for 2026–2030 aims to increase the number of tourists visiting the country to 3 million annually, up from 2.2 million in 2024. YEREVAN, December 5. /ARKA/. The government's strategic ...
12/05/2025Armenian Parliament adopts draft law on mandatory health insurance in first reading
... and from 2028, the remaining groups, including those employed in agriculture and their families, will be included. "Insurance will finance primary care, emergency care, and inpatient treatment. The specific list of services will be approved by government decision," Avanesyan said. The minister noted that the insurance is universal and will include all citizens of Armenia, but it will not cover the full range of medical needs for each individual. "It is aimed at mitigating conditions ...
12/04/2025The Prosecutor General's Office of Armenia has returned $174.5 million in assets and funds to the state
... drams (over $174.5 million) to the state. "The assets that have been returned consist of three kindergartens, a community center, a stadium, a natural monument, parks, land plots, and funds," Prosecutor General Anna Vardapetyan stated during a government meeting on Thursday. She highlighted a 1.92-hectare land plot located in the village of Sayat-Nova within the Masis community of the Ararat region (designated for the Ministry of Defense) and 0.1 hectares adjacent to the "Symphony of Stones" ...
12/04/2025Unibank Issues the First in Armenia Perpetual Bonds
... extended cash flows. Coupon payments will be made quarterly. During the first three years, the yield will remain fixed; thereafter, it will be recalculated based on the 90-day SOFR rate plus 4% for USD bonds, and for AMD bonds—based on the three-month government bond yield curve plus 6.5%. After the fifth year, the bank may exercise its call option and redeem the bonds at par value. Unibank is one of the most active participants of the stock exchange and continues to act as a pioneer among corporate ...
12/04/2025Mirzoyan calls on civil society representatives in Armenia and Azerbaijan to "engage in dialogue and patience to build trust"
... opening of the Eastern Partnership Civil Society Forum summit in Brussels, Mirzoyan noted that Armenia has long stated that our region needs sustainable peace. "For many years, we have faced mistrust and serious challenges. Nevertheless, the Armenian government remained steadfast in its conviction that the only guarantee of the country's sovereignty, its territorial integrity, and the well-being of its citizens is peaceful coexistence with its neighbors. The signing of the Washington Declaration of ...
12/03/2025Foreign Minister announces new level of country's partnership with EU
... process of accession of the Republic of Armenia to the European Union." "And here I want to emphasize the role of civil society, as the law was a civic initiative and clearly reflected the aspirations of Armenian citizens. The fact that the government and parliamentary majority supported this initiative demonstrates that we share a common vision—bringing Armenia closer to the EU. This symbolizes that the path to Europe in Armenia is not only government policy but also a societal choice,...
12/03/2025Armenian Prime Minister explains why Key West Accords have not been published
Armenian Prime Minister Nikol Pashinyan explained why the Key West Accords (on the Nagorno-Karabakh issue, dating back to 2001 - ed.) have not been published on the government's website along with other documents on the Armenian-Azerbaijani negotiations. YEREVAN, December 3. /ARКА/. Armenian Prime Minister Nikol Pashinyan explained why the Key West Accords (on the Nagorno-Karabakh issue, dating back to 2001 ...
12/03/2025Armenian government prioritizes development of domestic aviation, says Prime Minister
The enhancement of domestic aviation ranks high among the government's key initiatives, with considerations being made for options in Armenia's regions, stated Prime Minister Nikol Pashinyan on Wednesday. YEREVAN, December 3. /ARКА/. The enhancement of domestic aviation ranks high among the government's ...
12/03/2025Armenia aims for $12 labor productivity - Papoyan
... YEREVAN, December 3. /ARKA/. Armenia aims to achieve a labor productivity target of $12 per working hour by 2026, stated Economy Minister Gevorg Papoyan. "Our labor productivity used to be $5, now it's $11 (for 2024 - ed.)," Papoyan said during government question-and-answer session in parliament. He noted that the Armenian government attaches great importance to stimulating productivity. "Three productivity support programs worth over $1.5 billion have been implemented. Tens of thousands ...
12/03/2025Nagorno-Karabakh negotiations were not aimed at resolving the conflict – Pashinyan
The entire negotiation process for the Nagorno-Karabakh conflict was aimed at keeping Armenia and Azerbaijan "in a trap," said Armenian Prime Minister Nikol Pashinyan during a government Q&A session in parliament on Wednesday. YEREVAN, December 3. /ARKA/. The entire negotiation process for the Nagorno-Karabakh conflict was aimed at keeping Armenia and Azerbaijan "in a trap," said Armenian Prime Minister Nikol ...
12/03/2025Turkey Weighs Opening Armenia Border that’s Shut Since the 90s
... move by Ankara cannot be too closely linked to the Armenian election,” said Richard Giragosian, the director of Yerevan-based Regional Studies Center. “Pashinyan has to be careful and cautious in not being seen as too closely tied to the Erdogan government,” while taking credit for progress in normalization with Turkey. If Turkey agrees to open its border, businesses on both sides of the sleepy frontier stand to gain. In December 2021, Armenia and Turkey appointed their envoys for the normalization ...
12/03/2025"Textile Industry Operator" Fund to Promote Armenian Brands in Foreign Markets
... sustainable development of this industry requires a systematic approach, innovative solutions, and effective mechanisms for cooperation between the public and private sectors. To this end, the "Textile Industry Operator" Fund was established by a government decision dated July 24, 2025," he said. The Deputy Minister also emphasized that the Fund is tasked with implementing industry policies, localizing international experience, implementing state support programs, and promoting Armenian textile ...
12/03/2025The Armenian government has allocated 150 billion drams for the development of the military industry by 2028
The Armenian government has decided to continue the policy of three-year contracts aimed at developing the military industry, allocating over 150 billion drams for 2026-2028, announced Minister of High-Tech Industry Mkhitar Hayrapetyan. YEREVAN, December 3. /ARKA/....
12/03/2025OVIO Data Center and IDBank Launch Strategic Partnership
... processing center is the largest in Armenia and was put into commercial operation in 2024 in the town of Abovyan, Kotayk region. Given its strategic importance for the country, the investment program of the data processing center has been approved by the Government of the Republic of Armenia and included in the “Infrastructure for Investments” program of the Ministry of Economy. The capacity of the data processing center is 2 MW. It is connected to the Armenian energy system by 2 substations with ...
12/02/2025Armenia to extend VAT exemption on imported electric vehicles for another year
... passage of the bill will foster favorable conditions for encouraging the purchase and use of electric vehicles, as well as for achieving green economy objectives," Papoyan stated. He added that the proposed incentives are completely in line with government policy, including the recently adopted green taxonomy and strategic program for a green and sustainable economy. "These incentives will also aid in the development of essential infrastructure, attract additional investments in the sector,...
12/02/2025European Commissioner: Keeping Armenian airlines on the EU's "blacklist" is a technical matter
... perspective," and has therefore offered Armenia special assistance through the Twinning process, which will then be financed. "This is a special tool through which experts from EU member states with experience in this field will assist your government in this matter," Kos stated. Since 2020, all air carriers certified in Armenia have been included on the EU Air Safety List due to insufficient aviation safety controls. This means they are banned from operating scheduled flights to EU countries (with the exception of evacuation, humanitarian, and medical flights). Over the past few years, significant progress ...
12/02/2025Armenian government will adopt economic policy doctrine in 2026 – Pashinyan
The Armenian government is set to approve an economic policy doctrine, when it holds its first meeting in 2026, Prime Minister Nikol Pashinyan announced last Saturday while addressing the second conference on improving the business environment through dialogue in ...
12/01/2025By 2029, majority of Armenia's population will be covered by compulsory health insurance: Minister
... the system, and from 2028, the remaining groups, including those employed in agriculture and their families. "Insurance will finance primary healthcare, emergency care, and inpatient treatment. The specific list of services will be approved by government decision," Avanesyan noted. As previously noted, in 2026—the first stage of the transition to a universal health insurance system (2026-2028)—1.7 million Armenian residents will be covered by the system. For these residents, 100% of ...
11/28/2025Investment policy monitoring and evaluation system will be implemented in Armenia
At a meeting on Thursday, the Armenian government decided to develop and implement an investment policy monitoring and evaluation system. YEREVAN, November 27. /ARКА/. At a meeting on Thursday, the Armenian government decided to develop and implement an investment policy monitoring and ...
11/27/2025Armenian government will allocate over 1 billion drams for 15 subvention projects in regions
At a meeting on Thursday, the Armenian government approved the allocation of 1.7 billion drams to co-finance 15 subvention projects in 12 communities for infrastructure development. YEREVAN, November 27. /ARKA/. At a meeting on Thursday, the Armenian government approved the allocation ...
11/27/2025Working groups must be created to address air pollution and traffic congestion issues, says Pashinyan
Two working groups must be created in Armenia to address air pollution and traffic management issues in Yerevan, Prime Minister Nikol Pashinyan told a government meeting today. YEREVAN, November 27. /ARKA/. Two working groups must be created in Armenia to address air pollution and traffic management issues in Yerevan, Prime Minister Nikol Pashinyan told a government meeting today. He said he would ...
11/27/2025The Armenian Parliament will discuss the draft 2026 state budget next week
The draft 2026 state budget of Armenia will be discussed in the National Assembly next week, Prime Minister Nikol Pashinyan announced at a government meeting on Thursday. YEREVAN, November 27. /ARKA/. The draft 2026 state budget of Armenia will be discussed in the National Assembly next week, Prime Minister Nikol Pashinyan announced at a government meeting on Thursday. Finance Minister ...
11/27/2025Acba Bank and Proparco summarize year-long cooperation (VIDEO)
... financial opportunities but also new qualities and standards. Our partnership with Proparco has opened up new horizons for us. I’m proud that we already have a special place in the large Proparco family of partners. I would also like to thank the French government, represented by the Ambassador,” noted Hakob Andreasyan, CEO of Acba Bank. “Acba is a systemic structure that has become a key player in the development of the Armenian economy. These relationships are based on mutual trust, which will ...
11/26/2025Armenia Contemplates Introduction of Annual Migrant Quotas
... candidate; however, this requirement is seldom adhered to in practice. Last year, such justification was provided in merely 10 instances out of over 10,000," Ghazaryan remarked. The deputy minister is of the opinion that, given these circumstances, the government ought to manage the influx of labor migrants by instituting quotas for different specialties. He further highlighted the increasing foreign interest in Armenia each year. "In 2019, 7,800 residence permits were granted, in 2022 – over ...
11/25/2025Pashinyan calls transfer of Electric Networks of Armenia to full state ownership ‘strategic goal’
Armenian Prime Minister Nikol Pashinyan called the transfer of Electric Networks of Armenia (ENA) to full state ownership the government's strategic approach to the company. YEREVAN, November 25. /ARКА/. Armenian Prime Minister Nikol Pashinyan called the transfer of Electric Networks of Armenia (ENA) to full state ownership the government's strategic approach to the company....
11/25/2025Armenian Prime Minister briefed on violations in Electric Networks of Armenia (ENA) that led to the company's license being revoked
... to several dozen companies affiliated with Tashir Group. "ENA, whose assets were 100% pledged to international banks and had loan obligations to them totaling $116 million, was contractually obligated to obtain permission (from the PSRC or the government) in the event of the use of any guarantees, collateral, or other loan funds," he emphasized. Pashinyan, for his part, suggested that if creditors (banks and international organizations) demanded repayment of the guarantees issued by the ...
11/25/2025Armenia plans to digitalize the process of issuing residence status to foreigners
The Armenian government is putting forward a proposal to digitize the administrative procedures for granting residence status to foreign nationals. YEREVAN, November 24. /ARКА/. The Armenian government is putting forward a proposal to digitize the administrative ...
11/24/2025Leaders of Armenia and Kazakhstan emphasize importance of TRIPP and Crossroads of Peace projects
... Astana on Friday, Armenian Prime Minister Nikol Pashinyan and Kazakh President Kassym-Jomart Tokayev emphasized the importance of implementing the TRIPP (Trump Route for International Peace and Prosperity) and Crossroads of Peace projects, the Armenian government press service reported. YEREVAN, November 21. /ARКА/. During talks in Astana on Friday, Armenian Prime Minister Nikol Pashinyan and Kazakh President Kassym-Jomart Tokayev emphasized the importance of implementing the TRIPP (Trump Route ...
11/21/2025Pashinyan and Tokayev issued a joint statement: a number of documents were signed
... members of the official delegations also exchanged intergovernmental and interdepartmental documents. • Agreement between the Government of the Republic of Kazakhstan and the Government of the Republic of Armenia on the transfer, use, protection, and safety of classified information; • Agreement between the Government of the Republic of Kazakhstan and the Government of the Republic of Armenia on the mutual provision of land plots for the construction of diplomatic missions of the Republic of Kazakhstan in the Republic of Armenia and the Republic of Armenia ...
11/21/2025Protecting Russian business interests abroad is a priority: Zakharova on situation with ENA and Samvel Karapetyan
... his personal finances to bridge the energy tariff gap for households and small enterprises, in collaboration with the Armenian government. "Between 2017 and 2023, the company invested nearly $700 million, which included funds for infrastructure improvements.... ... investment programs, violations of deadlines and procedures for connecting new subscribers, and violations of building and fire safety regulations during the construction and renovation of certain facilities. The Commission claims that ENA provided risky ...
11/20/2025Government will allocate 10.8 billion drams for next phase of "300 Schools, 500 Kindergartens" program
Armenia’s government will allocate 10.77 billion drams for the next phase of the "300 Schools, 500 Kindergartens" program, Minister of Education, Science, Culture, and Sports Zhanna Andreasyan announced at a government meeting on Thursday. YEREVAN,...
11/20/2025Childbirth benefits in Armenia will amount to 500,000 drams starting September 1, 2026, as stated by the Ministry of Social Affairs
... child's birth within the family, which results in varying amounts of support: 300,000 drams for the first and second child, 1 million drams for the third and fourth, and 1.5 million drams for the fifth and any subsequent children," he stated during a government meeting on Thursday. According to Torosyan, the suggested unification of the benefit is founded on the rationale that family expenses do not depend on the order of a child's birth and are consistent for all children. He elaborated that the ...
11/20/2025Armenian Prime Minister orders elimination of tax overpayments by businesses
Armenian Prime Minister Nikol Pashinyan declared that he has mandated government agencies to address instances of tax overpayment by businesses. YEREVAN, November 20. /ARКА/. Armenian Prime Minister Nikol Pashinyan declared that he has mandated government agencies to address instances of tax overpayment by businesses....
11/20/2025The Armenian government will allocate over 1 billion drams for the implementation of 24 subsidy programs in the regions
At a meeting on Thursday, the Armenian government approved the allocation of 1 billion 59 million drams for co-financing subsidy programs in the regions for the development of infrastructure. YEREVAN, November 20. /ARKA/. At a meeting on Thursday, the Armenian government approved the allocation ...
11/20/2025Pashinyan calls joint project with Firebird, Team Telecom and NVIDIA "an extremely significant investment"
... Pashinyan announced today that the extensive AI Data Center initiative, being executed in Armenia in collaboration with Firebird and the U.S.-based NVIDIA, represents a highly significant investment program. He made this statement in response to the U.S. government's decision to grant Firebird (a startup specializing in cloud and AI infrastructure technologies) a license to import NVIDIA GPUs into Armenia. "In relation to the license for exporting NVIDIA chips, I wish to extend my gratitude to President ...
11/20/2025Armenian Prime Minister Asks U.S. to Keep Issue of Armenian Prisoners in Baku in Focus
... direction, and also asked her to keep this issue in the spotlight," Pashinyan said. When the entire Armenian population of Nagorno-Karabakh fled to Armenia during the Azerbaijani offensive in September 2023, several high-ranking then- and former government officials were detained and charged with charges widely known to be trumped-up, including terrorism. Among those detained and held captive are former Nagorno-Karabakh presidents Arkady Ghukasyan, Bako Sahakyan, Arayik Harutyunyan, then-Speaker ...
11/20/2025Pashinyan: work on TRIPP proceeding in narrow format, there are no turbulent events
... it is difficult to say how far it has progressed. Development is ongoing, and everything that exists is within this framework," Pashinyan noted at a briefing on Thursday. According to him, officials responsible for this issue are working in the government and the Ministry of Foreign Affairs. "Here, the issue is addressed in a broader context—transport infrastructure and other issues. We have a certain working logic. Deputy Prime Minister Mher Grigoryan is in charge of coordinating infrastructure ...
11/20/2025Printing of Armenian biometric ID card forms has begun in the Czech Republic
... electronic border management systems and technical solutions, as well as the current status of the biometric system's implementation, its development process, and expected innovations. On the Implementation of the Biometric System In August 2024, the government decided to issue Armenian citizens with ID cards and biometric passports in a new format. The French consortium "IDEMIA Identity Security France and A.C.I. Technology S.à.r.l.", which won the tender, is developing the necessary infrastructure....
11/19/2025Commercial whitefish fishing banned in Armenia
... regulations, as well as illegal fishing, is subject to strict administrative and criminal penalties. After November 20, any boats or fishing equipment found on Lake Sevan will be subject to legal penalties," the ministry noted. On October 9, the Armenian government decided to increase the commercial whitefish catch from Lake Sevan by 620 tons, bringing the permissible limit for the current season to 1,123 tons before the fishing ban was introduced.
11/19/2025First EU assessment mission will visit Armenia for visa liberalization discussions
The first EU assessment mission will soon arrive in Yerevan for meetings and discussions with Armenian government agencies regarding the Armenia-EU Visa Liberalization Action Plan (VLAP). YEREVAN, November 18. /ARКА/. The first EU assessment mission will soon arrive in Yerevan for meetings and discussions with Armenian government agencies regarding ...
11/18/2025Regional communications and border delimitation discussed by Grigoryan and Grono
... in Georgia. The two discussed regional developments, touched upon the possibilities and importance of unblocking regional communications, and emphasized the importance of continuing the Armenian-Azerbaijani border delimitation process, the Armenian government press service reported. Ambassador Vasilis Maragos, Head of the EU Delegation to Armenia, also attended the meeting.-0-
11/18/2025Samvel Karapetyan's pretrial detention extended for another two months
... Apostolic Church), large-scale tax evasion, and money laundering. Earlier, Armenian Prime Minister Nikol Pashinyan suggested the possibility of nationalizing ESA or selling it to "an international, reputable specialized company, while retaining the government's stake." He stated that the decision regarding ENA depends on the price, which must be determined based on a comprehensive analysis.-0-
11/18/2025PSRC head assesses likelihood of electricity price increase in Armenia
... interest, seize the rights to this property," Mesropyan indicated. Previously, Armenian Prime Minister Nikol Pashinyan proposed the option of nationalizing ENA or selling it to "a reputable international specialized company, while maintaining the government's stake." He mentioned that the decision will hinge on the price, which must be established through a thorough analysis.-0-
11/17/2025Electric Networks of Armenia JSC's license for electricity distribution revoked
... and ineffectively managed property, real estate, and cash. The PSRC decision asserts that the company jeopardized not only the safety of its assets, but also the uninterrupted and efficient electricity supply to consumers and the stability of the country's ... ... possibility of nationalizing ESA or selling it to "an international, reputable specialized company, while retaining the government's stake." He stated that the decision regarding ENA depends on the price, which must be determined based on a ...
11/17/2025Hooker informs Pashinyan about launch of bilateral working groups to advance TRIPP project
... bilateral working groups, led by Deputy Assistant Secretary of State Sonata Kalter, aimed at implementing the bilateral agreements reached on August 8 and advancing Trump's Route for International Peace and Prosperity (TRIPP). According to the Armenian government press service, Hooker noted that she arrived in Yerevan to advance the vision formed by Trump and Pashinyan during their August meetings in Washington, as well as to discuss deepening cooperation in trade, investment, infrastructure, regional ...
11/17/2025Armenian Central Election Commission releases preliminary results of elections to Council of Elders of Vagharshapat
... the enlarged community of Vagharshapat in the Armavir region, which took place on November 16. According to data from all 47 polling stations, no political force received an absolute majority of the votes (50%). 15,298 people (48.5%) voted for the pro-government Civil Contract party (the leader of the list and mayoral candidate is Argishti Mekhakyan). It is followed by the Victory bloc (Forward Party and ARF, Sevak Khachatryan) - 10,051 votes (32.05%), the Mother Armenia National Democratic Party (Grisha ...
11/17/2025Secretary of Armenian Security Council and representative of European Commission discussed unblocking regional communications
... transport routes between the European Union, the South Caucasus, and Central Asia, the press service of the Secretary of the Armenian Security Council reported. In this context, the "Crossroads of Peace" initiative presented by the Armenian government was highlighted, and prospects for deepening cooperation between Armenia and the European Union within the framework of this project were discussed.-0-
11/14/2025Armenia Ratifies EEU-UAE Agreement: 95% of Its Exports to Emirates to Receive Preferential Access
Today, the Armenian government has sanctioned the ratification of an agreement titled "On Economic Partnership between the Eurasian Economic Union (EEU) and its Member States and the UAE," which was signed on June 27, 2025, in Minsk, Belarus. YEREVAN, November ...
11/14/2025Armenian company to invest 961 million drams in strawberry greenhouse
At a meeting on Friday, the Armenian government decided to grant a customs duty exemption to DNA-Technology AM, a company planning to invest 706 million drams in the construction of a greenhouse complex for growing strawberries. YEREVAN, November 14. /ARKA/. At a meeting on Friday, the ...
11/14/2025Chanakh Company to Invest Approximately 600 Million AMD in Dairy Production
At a meeting on Friday, the Armenian government decided to grant a customs duty exemption to Chanakh Company, which plans to invest a total of 590 million AMD in dairy production using imported raw materials. YEREVAN, November 14. /ARKA/. At a meeting on Friday, the Armenian government ...
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