Blog Archives

US Geological Survey Completes Armenia Shale Gas Resources Study

US Geological Survey Completes Armenia Shale Gas Resources Study

YEREVAN—U.S. Geological Survey representatives have completed study of Armenia’s shale gas resources, U.S. Ambassador to Armenia John Heffern said in response to a question from the ArmInfo new agency. He said that the U.S. specialists launched their work last year. Now, they are in Washington to process the data received. Thematic survey results will be […]

Turkey scraps flights to Armenia after Azeri resistance

ANKARA (Reuters) – Turkey has canceled the first ever scheduled Turkish flights to its long-time rival Armenia, days before the first plane was due to take off, officials have said, following fierce opposition from Turkey’s ally and energy partner Azerbaijan. The twice-weekly flights between Turkey’s eastern city of Van and the Armenian capital Yerevan were […]

Dubai firm to invest in Armenian high speed rail

Rasia, which has offices in Emirates Towers, is leading a consortium of companies which will work on the Southern Armenia Railway and Southern Armenia High Speed Road Projects, Gagik Beglaryan, Minister of Transport and Communication announced. He said in a statement that a tripartite memorandum of understanding has been signed between Rasia, South Caucasus Railway, […]

Using Cheese to Bridge the Turkey-Armenia Gap

ISTANBUL — Artush Mkrtchyan calls it cheese diplomacy. Others speak of informal, or “track-two,” diplomacy. By either name, it is all about building bridges between Turks and Armenians in the absence of formal, or “track-one,” diplomatic relations between their governments. Mr. Mkrtchyan, 55, an engineer, art critic and activist from the Armenian town of Gyumri […]

Armenia records solid improvement in Diong Business: WB

Armenia records solid improvement in Diong Business: WB

WASHINGTON D.C., OCTOBER 23, ARMENPRESS: Armenia (rank in Doing Business 2013: 32) strengthened investor protections by introducing a requirement for shareholder approval of related-party transactions, requiring greater disclosure of such transactions in the annual report, and making it easier to sue directors when such transactions are prejudicial. In addition, it made getting electricity easier by […]

New financing agreements for reforms in Armenia

New financing agreements for reforms in Armenia

Commissioner for Enlargement and European Neighbourhood Policy, Štefan Füle, and Prime Minister of Armenia, Tigran Sargsyan, signed two new financing agreements between the European Union and Armenia in Yerevan on Thursday. Totalling €43 million, the two agreements focus on institution building and will support the negotiations and implementation of the future EU-Armenia bilateral agreements: the […]

Talin Dolls: Crocheting for Change

Talin Dolls: Crocheting for Change

It is not uncommon in Armenia, on a warm early autumn day, to see adults gathered together, chatting happily while the children sit on the floor playing with assorted toys, smiling and laughing. Two children make car noises; others toss a ball back and forth; and one sits quietly creating imaginary lives for her inanimate […]

Armenia ratifies CIS free trade zone agreement, still appears to be looking up to West

Armenia ratifies CIS free trade zone agreement, still appears to be looking up to West

Russian Foreign Minister Sergei Lavrov and U.S. Secretary of State Hillary Clinton will try to smooth the tensions between Yerevan and Baku before the UN General Assembly, stated an official representative of the U.S. State Department after the meeting of the two countries’ top diplomats on the sidelines of the Asia-Pacific Economic Cooperation summit in […]

BREAKING NEWS: House Rejects Pro-Turkey Trade Bill

WASHINGTON—The Armenian National Committee of America on Monday welcomed the decision by the U.S. House of Representatives to defeat a watered-down version of a pro-Turkey trade measure, H.R. 2362, that would have, in its non-binding “findings,” highlighted Turkey’s role in investing in American Native tribal areas. H.R.2362 – The Indian Tribal Trade and Investment Demonstration […]

Armenia Admonishes Azerbaijan at BSCE Summit

Armenia Admonishes Azerbaijan at BSCE Summit

ISTANBUL—Efforts by Azerbaijan to politicize the Black Sea Economic Cooperation were thwarted when head of the Armenian delegation admonished Azerbaijan for discussing the Nagorno-Karabakh conflict at a forum that “cannot become a platform for political discussions and accusations.” During a presentation to the summit, Azerbaijan’s President Ilham Aliyev said conflict was a major barrier to […]

How an Army of Bears Is Saving a Town

In the town of Berd in northern Armenia’s Tavush province, a group of women knit little arms and legs, strawberry-shaped torsos, round heads, and half-moon ears and snouts. When all the pieces are stuffed and attached, plump little bears stare back and smile. These are the Berd Bears, a small army of cuddly pals that […]

Borders and Business: Union looks at closed border impact on trade

Borders and Business: Union looks at closed border impact on trade

While various diplomatic maneuvers are used to regulate Armenian-Turkish relations politically, business relations between the two countries have long been non-officially established and keep developing with each year aimed at increasing commodity turnover and contributing to the opening of the border. Turkey imposed a ban on the import of Armenian goods in 1993. It also […]

Will Armenia be able to integrate into European free trade zone bypassing Russia?

Armenia is intensifying its economic ties with Europe and intends to hold the first round of negotiations with the European Union on a free trade agreement on June 19-20 in Brussels, said Armenia’s Deputy Economy Minister Garegin Melkonyan this week. The Armenian government official noted that earlier a meeting of the subcommittee on Armenia-EU trade […]

Armenian wine and brandy market prospects

After mining products, alcohol (brandy for the most part) stably occupies second place in the structure of Armenian exports. However, after the 2008 economic crisis the volume of alcohol exports dropped considerably, although 2011-2012 saw a tendency towards expansion of this sector of production and export. However, due to global market trends, several sectors of […]

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