Foreign direct investment (FDI) in Armenia fell by 27 percent last year despite robust economic growth recorded by the government, official statistics show.
A senior diplomat defended on Thursday Armenia’s decision to back Russia’s calls for a joint investigation into the poisoning of a former Russian spy in Britain which has further strained Moscow’s relations with Western powers.
Armenia will likely stop using natural gas and rely only on nuclear energy, hydropower and other renewables in meeting its electricity needs by 2030, a senior government official said on Wednesday.
Greek Defense Minister Panos Kammenos spoke of “common security challenges and threats” facing Greece and Armenia as he began a two-day visit to Yerevan on Thursday.
Armenia is continuing to acquire Russian-manufactured weapons and other military equipment as part of its close defense links with Russia, Deputy Defense Minister Davit Pakhchanian said on Wednesday.
Armenia is “on the right track” in trying to get the European Union to lift its visa requirements for Armenian nationals, Luxembourg’s Foreign Minister Jean Asselborn said during a visit to Yerevan on Tuesday.
Armenia accused Azerbaijan on Tuesday of refusing to honor a recent Armenian-Azerbaijani agreement to expand an international mission monitoring the ceasefire regime in the Nagorno-Karabakh conflict zone.
The latest upsurge in tensions between Russia and the West will not adversely affect Armenia’s relations with the European Union and the United States, a senior Armenian diplomat insisted on Thursday.
An Armenian pro-government lawmaker accused Iranian officials on Wednesday of misleading Yerevan about potential prices of Iranian natural gas delivered to Armenia.
Russia may alter the scale of its supplies of modern weaponry to Azerbaijan in view of Armenian concerns following heavy fighting in Nagorno-Karabakh, a senior Russian lawmaker hinted in Yerevan this week.
Georgian Prime Minister Giorgi Kvirikashvili met with Armenia’s leaders on Friday during an official visit to Yerevan which focused on economic issues, including energy and transport.
The Armenian government moved on Thursday to toughen penalties for physical attacks and threats of violence against journalists or their close relatives.
A senior Armenian diplomat on Thursday reacted cautiously to a newspaper report which said that the United States has warned Armenia against striking major arms deals with Russian defense companies.
Armenia’s public debt is continuing to rise in absolute terms despite its government’s plans to sharply cut back on borrowing this year.
A senior Armenian diplomat denied on Thursday any connection between Azerbaijani President Ilham Aliyev’s decision to call a snap presidential election and ongoing Armenian-Azerbaijani peace talks on Nagorno-Karabakh.
Armenian media associations expressed concern on Friday about government plans to reduce the transparency of weekly cabinet meetings in Yerevan after Armenia becomes a parliamentary republic in April.
Foreign Minister Edward Nalbandian confirmed on Monday that the Armenian parliament will likely ratify by the end of March an extensive agreement on deepening Armenia’s political and economic ties with the European Union.
The next Armenian prime minister will head a Security Council tasked with formulating the country’s policy on national defense, according to a government bill approved on Thursday.
The European Union could start gradually implementing its recently signed landmark agreement with Armenia as early as this spring, the head of the EU Delegation in Yerevan, Piotr Switalski, said on Wednesday.
Estonia has become the first European Union member state to ratify a landmark agreement that was signed by the EU and Armenia in November.
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