The government will lend $40 million to the ArmRosGazprom (ARG) national gas distribution company to support its ongoing capital investments in Armenia’s energy infrastructure.
The leading Armenian organizations in the United States expressed conflicting views on Armenia’s dramatic rapprochement with Turkey as President Serzh Sarkisian started on Thursday a week-long intercontinental visit aimed at addressing Diaspora concerns about the U.S.-backed process.
International mediators held talks in Yerevan on Thursday at the start of a fresh tour of the Nagorno-Karabakh conflict zone aimed at preparing a potentially ground-breaking meeting of Armenia’s and Azerbaijan’s presidents expected next week.
The Asian Development Bank (ADB) has approved $1 billion in loans that will help to upgrade most of Armenia’s main highways and facilitate the landlocked country’s commercial access to Georgia’s Black Sea coast. (UPDATED)
U.S. Secretary of State Hillary Clinton pressed Armenia and Turkey to complete the normalization of bilateral relations within a “reasonable” period of time as she met with the two countries’ foreign ministers late on Monday.
Turkey’s Prime Minister Recep Tayyip Erdogan was reported on Monday to have again linked the normalization of Turkish-Armenian relations with a settlement of the Nagorno-Karabakh conflict that would satisfy Azerbaijan. (UPDATED)
President Serzh Sarkisian instructed Armenia’s crisis-hit alcohol companies not to cut back on wholesale purchases of grapes as he toured the wine-growing Ararat Valley on Friday.
President Serzh Sarkisian said on Thursday that he will tour major Armenian communities abroad early next month to explain and promote his far-reaching diplomatic overtures to Turkey which many in the Diaspora have been following with unease.
Armenia’s national currency, the dram, has slowly but steadily depreciated this month after months of exchange rate stability fuelled by multimillion-dollar external loans.
After nearly two weeks of silence, opposition leader Raffi Hovannisian has condemned as “unacceptable” and pledged to intervene in a bitter dispute between senior members of his Zharangutyun (Heritage) party.
Opposition leader Levon Ter-Petrosian on Friday rejected as pro-Azerbaijani the existing international plan to end the Nagorno-Karabakh conflict and urged Armenia’s leading political forces to thwart its realization by helping him topple President Serzh Sarkisian.
The International Monetary Fund remains satisfied with the Armenian authorities’ response to the global economic downturn and expects Armenia’s economy to resume its growth already next year, a senior IMF official said on Wednesday.
Turkey will not upset Azerbaijan in its efforts to normalize relations with Armenia, Foreign Minister Ahmet Davutoglu was reported to insist late Tuesday during talks with Turkish opposition leaders concerned about Ankara’s ongoing rapprochement with Yerevan.
President Serzh Sarkisian will meet leaders of dozens of Armenian political parties on Thursday to discuss his controversial fence-mending agreements with Turkey, a spokesman said on Monday.
Turkish Foreign Minister Ahmet Davutoglu opened on Friday consultations with his country’s top political leaders on the draft agreements envisaging the normalization of Turkish-Armenian relations.
The United States named its new top negotiator in the Nagorno-Karabakh peace process late Monday, pledging to do “everything possible” to broker a near-term solution to the Armenian-Azerbaijani dispute.
A once powerful security official who was close to former President Robert Kocharian and reportedly played a major part in his harsh 2008 crackdown on the Armenian opposition died of a heart attack early on Monday.
A major Armenian opposition party on Thursday rejected as sellout the newly publicized agreements between Armenia and Turkey and demanded a nationwide referendum on them.
Former President Robert Kocharian signaled his satisfaction with the current state of affairs in Armenia and Nagorno-Karabakh as he made a rare public appearance on Wednesday.
The reopening of the Turkish-Armenian border is still not a forgone conclusion despite the newly announced agreement to that effect between Ankara and Yerevan, Foreign Minister Eduard Nalbandian acknowledged on Wednesday.
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