Newsfeed

Orange Armenia encourages safe internet use: Feb 9 is Safe Internet Day

Views from Yerevan: Turkey plays the role of an alpha dog hounded on Russian bear

Armenia among other CIS countries is called to close cyber borders

Forecast: Putin's possible conversation with Erdogan may result in a new phase of tension

Republican Party and ARFD reach consensus around key positions

European Union's foreign policy chief to travel to Armenia

Forecast: Ilham Aliyev will quit "Minsk format" only after Russia or the West gives him guarantees about his power retention

Defense Minister of Armenia recommends former contract officer to keep political neutrality

Swedish Foreign Minister sure Karabakh conflict cannot be settled by force

VivaCell-MTS in cooperation with The Fuller Center for Housing Armenia improve housing conditions of three families in borderland village of Khachik

VivaCell-MTS is the first mobile operator sending SMS messages to its subscribers in Armenian

Hovhannes Sahakyan: Solution to many electoral problems raised by European experts and public will be found in new Electoral Code

Edward Nalbandian: Armenia seeks further cooperation with OSCE/ODIHR

Yerevan: Armenia and OSCE MG co-chairs are interested in change of status quo in Karabakh peace process

Rostelecom (Armenia) launches online payment program on its website

Armenian parliament speaker says the stand of Serbia's delegation to PACE runs contrary to the Armenian-Serbian cooperation

Zaruhi Postanjyan submits documents for nomination for post of Ombudsperson

Mateusz Piskorski: Most of EU countries have played the role of Washington's "useful idiots" and "bandogs"

Civil Contract Party not to create any blocs to run for parliament in 2017

Two employees of State Service for Food Safety face bribery charges

Court rejects request to transfer Vahan Shirkhanyan to a medical institution

Minsk Group process for Nagorno-Karabakh provides a framework to prevent violations along line of contact from degenerating too far, ICG says

Russian lawmakers suggest annulling 1921 treaty of friendship with Turkey

Azerbaijan fires at a near-border Armenian village in Tavush Province

Zangezur Copper Molybdenum Combine intends to increase output by 10% in 2016

Australian Senator delivers a speech in Senate, supporting independence of Nagorno-Karabakh

Republican: Control Chamber of Armenia will be changed into Audit Chamber

Adam Schiff urges James Warlick to abandon false parity in Karabakh problem

Adversary fired at Armenian positions from rocket-artillery systems overnight

Arman Tatoyan: I will be able to withstand pressure on the post of Ombudsperson

Ralph Yirikian's personal support to people living in borderland village of Khachik

New Armenia Front urges world community to impose sanctions on Armenia's government

INECOBANK explains: One of key prerequisites of merger with ProCredit Bank was similarity of corporate governance culture and availability of professional teams

Vache Gabrielyan's brother-in-law arrested for bribery attempt

Yerevan: Ankara's statements that Vatican renounces Pope's April address have nothing to do with the reality

Regional

06/02 22:31 Zangezur Copper Molybdenum Combine intends to increase output by 10% in 2016

During the meeting held at the Combine, the President said that the republic has a high mining potential. "The mining enterprises should operate by all means, even if they have to sell their products at the prime cost and even at lower prices. They should realize that they are not only solving social problems but also preparing to regain their profits under favorable conditions on the international market," he said. In this light, Sargsyan recalled that due to the timely decisions taken in 2008-2009 amid similar problems, the country was able to overcome all difficulties. As a result, the years 2011-2012 became the most favorable for the mining industry.

03/02/2016 17:47

Oppositionist: High petroleum prices in Armenia are result of criminal monopoly

High prices on petroleum in Armenia are the result of criminal monopoly, Head of ANC Faction Levon Zurabyan announced around the world, however in Armenia the prices drop very slowly and continue to remain high. " During last year the prices on petroleum dropped by 11%, while in Russia they dropped by 33%, in Germany and France by 18%, in Italy by 26% and in Turkey by 40%", Zurabyan noted. In this context he added that for example inhabitants of Noyemberyan go to Georgia by a road fired by Azerbaijani forces in order to get cheaper petroleum.

01/02/2016 12:31

Armenia ranks 54th in Heritage Foundation's 2016 Index of Economic Freedom

Armenia ranks the 54th (moderately free) in the US- based Heritage Foundation's 2016 Index of Economic Freedom. According to the 2016 Index of Economic Freedom, Armenia has scored 67.0.

01/02/2016 11:52

Iran to export a million of roses to Armenia

Jafar Gohargani, the director of Agricultural Kohgiluyeh and Boyer-Ahmad Province, says the province grows 13 million beautiful flowers in 25 greenhouse facilities every year.

25/01/2016 13:53

Qatar Airways to launch flights to Armenia

Qatar Airways will launch flights to Yerevan from Doha on May 15, CEO of Qatar Airways Akbar Al Baker said in Los Angeles. In his words, Airbus A320 will fly to Yerevan 4 times a week on Mondays, Wednesdays, Fridays, and Sundays. The airbus has 132 economy class seats and 12 business-class ones.

25/01/2016 13:26

MAKE IN INDIA INITIATIVE

'Come, Make in India'! PM Modi's aggressive push to revive an ailing manufacturing sector, has found resonance with India Inc. Single-window clearances, minimal procedures & cutting out of any red-tapism - PM Modi sees Make in India as a vital impetus for employment & growth.

19/01/2016 16:27

Forecast: Having no opportunity to hinder export of Iranian energy resources to Europe, Russia will have to take part in that project

Having no opportunity to hinder the export of Iranian energy resources to Europe, Russia will have to take part in that project, Vardan Voskanyan, expert in Iranian studies, said at a press conference in Yerevan on January 19.

19/01/2016 12:44

Russian Finance Ministry: Russia must stop funding Armenia, Belarus and Kyrgyzstan

In such situation, Russia must stop lending to its EEU partners at least for a while, Deputy Finance Minister of Russia Sergey Storchak told a news conference.

18/01/2016 15:18

Japan-funded One Village One Product (OVOP) project will be continued in Armenia

One Village One Product (OVOP) project funded by JICA will be continued in Armenia, Akihiro Tsukamoto, Coordinator of JICA Armenian Connection Office, told ArmInfo on sidelines of the final seminar on Armenian One Village One Product (OVOP) method and experiences and closing event of the SME DNC - JICA "Development of local production and promotion of local brands in Armenia" joint project in Yerevan on January 18.

25/12/2015 11:11

Armenian Economy Ministry: Project on Amulsar mine development to be launched in spring 2016

The project on Amulsar mine development will be launched in spring 2016, when the weather conditions change for the better, Vahagn Lalayan, Head of the Investment Policy Management Department of the Armenian Ministry of Economy, said at a press conference on December 24.

15/12/2015 12:40

Duty Free zones to open on land frontiers in Armenia

Armenian Parliament passed amendments to Law on VAT in first reading on December 15. Deputy Minister of Economy Garegin Melkonyan says the Bill looks to create Duty Free zones at land frontiers in Armenia, particularly in Meghri (border with Iran) and Bagratashen (border with Georgia). No VAT will be charged in the given zones and it will help promote the trade and economic relations with the neighbor states. He said there is one such zone in Armenia but it is not exempted of VAT unlike the Duty Free zones at airports.

11/12/2015 15:57

South Caucasus Railway organizes New Year tours to Georgia

Ahead of the New Year and Christmas holidays, the South Caucasus Railway CJSC organizes New Year tours to Georgia. In particular, the company offers three- and five-day tours to Tbilisi, Bakuriani and Batumi for tourist groups of 15 people.

07/12/2015 15:58

New capacities of transport potential of Armenia

At the initiative of the Armenian Ministry of Transport and Communication, First Deputy Minister of Transport and Communication of Armenia Arthur Arakelyan and CEO of South Caucasus Railway CJSC Sergey Valko visited the Armash terminal in Yeraskh on December 3. Gurgen Nikoghosyan, the director of Manana Grain and Manana Stone, accompanied the guests.

04/12/2015 09:12

Minister: Investment project of Amulsar mine development to be launched in spring 2016

Lydian International Ltd (UK) has signed a $325 mln agreement with the financial and investment funds to finance the development of the Amulsar gold mine in Armenia, Armenian Minister of Economy Karen Chshmarityan said before the Government's meeting on Thursday.

02/12/2015 17:41

Lydian Announced Value Engineering Results and Financing For Amulsar Project

Lydian International Limited, the 100% shareholder of Geoteam CJSC has announced that it has arranged a $325 million construction financing package to be provided by Orion Mine Finance (“Orion”) and Resource Capital Funds (“RCF”). Additionally on November 20 Lydian had announced value engineering results for Amulsar project with a pre-production capital costs decrease by 13% to $370 million and all-in sustaining costs decreaseby 17% to $585/oz of gold.

01/12/2015 16:33

Eduard Sharmazanov: Like external factors, corruption is the reason of economic problems in Armenia

Corruption is one of the reasons of the economic setback in Armenia, Vice Speaker of Armenian Parliament Eduard Sharmazanov said at today's press conference in Yerevan, when replying to ArmInfo's question.

26/11/2015 23:46

Geoteam CJSC invested 240 thousand USD in its social projects in 2015

In 2015 Geoteam CJSC under the corporate social responsibility program (CSR) has invested 240 thousand USD in development of social educational structures, improvement of urban infrastructure and support of small businesses in the communities of its operational activities.

26/11/2015 17:24

SCR achieves profitability due to rigid balance between revenues and expenses and launch of resource- saving projects

It is not correct to directly compare the railways of Armenia and Russia, Vardan Aloyan, head of the Public Relations Department of the South Caucasus Railway (SCR) CJSC, says in an interview with ArmInfo when commenting on the remarks that the transportation tariffs in Armenia are much higher than in Russia.

24/11/2015 18:23

Qatar Airways to enter Armenian market

Qatar Airways will start operating Yerevan-Doha regular flights in 2016. "Armenia" International Airports" CJSC has successfully completed negotiations with Qatar Airways. Recently the negotiations were most active after "Etihad" Airlines announced its intention to suspend flights to Armenia.

24/11/2015 18:16

Air Armenia intends to appeal against court decision on recognizing company as bankrupt

Air Armenia intends to appeal against the court decision on recognizing the company as a bankrupt, the press secretary of the airline company Sirakan Hambardzumyan told ArmInfo.

23/11/2015 16:39

Eurasian Economic Commission to cancel tax-free international online-trade

Eurasian Economic Commission Board will study possible restrictions on the tax-free international online trade, according to the Russian newspapers Vedomosti and Kommersant.

23/11/2015 16:34

Vardan Bostanjyan: 2016 to become a year of possible positive changes and successful start-ups for Armenia

The authors of Armenia's basic economic document for 2016 have displayed restraint and realism when drafting the budget of 2016, Doctor of Economics, Professor Vardan Bostanjyan said at a press conference on November 23.

23/11/2015 16:28

Expert: Reducing upper ceiling for tax-free online trade within EEU is quite logical

Reducing the upper ceiling for the tax-free import into the Eurasian Economic Union (EEU) countries from foreign online shops from the current 1,000 EUR to 150 EUR is quite logical and is aimed at stimulation of turnover growth among the EEU member countries, economist Vardan Bostanjyan expressed such opinion in his talk with journalists.

23/11/2015 16:25

Aram Karapetyan: "Let's Live till Monday" - this is the key idea of budget 2016

"Let's Live till Monday" - this is the key idea of the budget 2016, Leader of the New Times Party Aram Karapetyan said at a press conference on November 23. He added that over the past few years everything has been built on this principle in Armenia.

20/11/2015 13:28

China takes a positive view of possible bilateral cooperation within Silk Road Economic Belt initiative

China and Armenia maintain a high level of political confidence and the countries are ready to discuss the prospects of promotion of the cooperation in the context of the Silk Road project, Mr. Luo Shixiong, Political Advisor at the Chinese Embassy in Armenia, told reporters at the opening of the forum "Silk Road of XXI Century: Prospects of Cooperation".

19/11/2015 14:32

Geoteam CJSC Undertakes Comprehensive Preserve Program for Potentilla porphyrantha

The Institute of Botany recently opened a new glasshouse and outdoor rockery at Sevan Botanical Garden. The press office of Geoteam CJSC has told ArmInfo that this is the first visible step in a comprehensive program to preserve Amulsar population of Potentilla porphyrantha. The work is being undertaken by Geoteam CJSC in cooperation with the Institute of Botany of the National Academy of Sciences of Armenia, Treweek Environmental Consultants (UK) and Cambridge University Botanical Garden (UK).

19/11/2015 12:52

Yervand Zakharyan: It is impossible to review electricity tariffs at the moment

Decline in losses in energy system cannot be considered as basis for reducing the tariffs on electricity, the Minister of Energy and Natural Resources Yervand Zakharyan said at the parliament on November 18.

18/11/2015 17:57

Hrant Bagratyan: Given inflation, it will be impossible to ensure targeted 2.2% economic growth in 2016

Given the inflation, it will be impossible to ensure the targeted 2.2% economic growth in 2016, lawmaker from the opposition Armenian National Congress Faction, ex-prime minister of Armenia Hrant Bagratyan said.

17/11/2015 14:47

Armenia has real opportunities for development of U.S. business, Ambassador Mills says

The goal of the discussions is to create a favorable investment environment in Armenia, U.S. Ambassador to Armenia Richard Mills told reporters during the opening of the first meeting of the U.S.-Armenia Council on Trade and Investment on November 17.

17/11/2015 14:46

Economy Minister: To fight corruption means to eliminate the reasons of corruption

Fighting corruption and ensuring equal competition depend on systemic changes, Minister of Economy Karen Chshmarityan told reports on sidelines of the first meeting of the U.S.-Armenia Council on Trade and Investment, in Yerevan, on Nov 17, when commenting on U.S. Ambassador Richard Mill's statement in an interview with RFE/RL Armenian Service on overall corruption in Armenia.

16/11/2015 13:11

Ambassador of China: It will be possible to speak of expediency of Iran-Armenia project after prepartion of feasibility study

It will be possible to speak of real investments and dates of implementation of the Iran-Armenia railway project after the feasibility study of the project is prepared, Chinese Ambassador to Armenia Tian Erlong told reporters on November 16, on the sidelines of the workshop on Chinese-Armenian cooperation in the light of creation of the Silk Road Economic Belt. He stressed that at the current stage two Chinese companies are conducting the feasibility study of the project on a non-repayable basis to see the expediency of the Iran-Armenia railway project.