President Serzh Sarkisian on Monday publicly criticized Central Asian states nominally allied to Armenia through a Russian-led defense pact for endorsing Azerbaijan’s position on the Nagorno-Karabakh conflict.
The Armenian government has raised $700 million from its first-ever sale of Eurobonds on international markets which will further increase the country’s debt burden.
Economic growth in Armenia is slowing down and on course to fall well short of a 7 percent target set by President Serzh Sarkisian for this year, the International Monetary Fund insisted on Thursday.
Armenia’s hopes to salvage a small part of its draft Association Agreement with the European Union were dealt another serious blow on Tuesday during Foreign Minister Edward Nalbandian’s visit to Poland, a key promoter of closer ties between the EU and former Soviet republics.
Armenia’s leading opposition parties have given differing assessments of government plans to join the customs union of Russia, Belarus and Kazakhstan, with only one of them condemning the unexpected U-turn in Armenian foreign policy.
President Serzh Sarkisian humiliated Armenia and deceived the European Union with his last-minute decision to join a Russian-led customs union instead of concluding a historic agreement with the EU, opposition leader Levon Ter-Petrosian said over the weekend.
The European Union indicated on Friday its reluctance to accept Armenia’s offer to renegotiate a planned Association Agreement with the EU that followed President Serzh Sarkisian’s unexpected pledge to join an ex-Soviet bloc led by Russia.
In a dramatic about-face that will likely scuttle Armenia’s Association Agreement with the European Union, President Serzh Sarkisian announced on Tuesday his decision to join a Russian-led union of ex-Soviet states after a meeting with Russia’s President Vladimir Putin.
President Serzh Sarkisian will fly to Moscow early next week for fresh talks with his Russian counterpart Vladimir Putin which are expected to touch on Russian objections to Armenia’s integration with the European Union.
A senior pro-government lawmaker in Yerevan has called for the expansion of Armenia’s relations with Israel and spoken of similar challenges facing the Armenian and Jewish peoples.
President Serzh Sarkisian voiced support over the weekend for his Azerbaijani counterpart Ilham Aliyev’s plans to win a third term in office in an upcoming presidential election, saying that would be the best outcome for resolving the Nagorno-Karabakh conflict. (UPDATED)
Azerbaijani President Ilham Aliyev signaled his country’s plans to buy more weapons from Russia after talks with his Russian counterpart Vladimir Putin held in Baku on Tuesday.
Armenia’s huge trade deficit eased in the first half of this year owing to a significant rise in exports of agricultural products and prepared foodstuffs mostly going to Russia, according to government data.
Turkey sent a diplomatic note to Armenia on Friday strongly condemning the fatal shooting of a Turkish man who illegally crossed the Turkish-Armenian border in unclear circumstances earlier this week.
The European Union and Armenia cleared what appears to be the final hurdle to the Association Agreement between them when they successfully concluded yearlong free trade negotiations in Yerevan on Wednesday.
Russia’s government signaled concerns on Friday about the possible impact on Russian-Armenian relations of an uproar in Yerevan sparked by the controversial treatment of an Armenian man prosecuted for a deadly traffic accident near Moscow.
Armenia and Azerbaijan agree on the importance of renewed meetings between their presidents for resolving the Nagorno-Karabakh conflict despite their failure to arrange such a summit last month, Foreign Minister Edward Nalbandian said on Monday.
Azerbaijan has reportedly protested to France and Germany against the apparent acquisition by Armenia’s armed forces of anti-tank missiles jointly developed by the two NATO member states.
Armenia will receive few tangible benefits and risk alienating Moscow if it presses ahead with an “association agreement” with the European Union instead of joining a new Russian-led union of ex-Soviet states, according to a senior Russian diplomat.
The International Monetary Fund has disbursed a fresh loan to Armenia, completing a $407 million lending program that has bolstered macroeconomic stability in the country in the last three years.
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