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Armenia's Economic Pulse

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  • Re: Armenia's Economic Pulse

    Still Armenia is in much better condition than others in Europe ,,hm hmm ..with all their financial help and socialism for the RICH ....we all see how Poland Portugal Croatia WELL BALKANS AND EAST EUROPE ..not mentioning Greece :/...but yeah it must be some "inside things" as economist said ..cause you know we have never set foot in Armenia but we know more than you people do !!!


    • Re: Armenia's Economic Pulse


      Politics is not about the pursuit of morality nor what's right or wrong
      Its about self interest at personal and national level often at odds with the above.
      Great politicians pursue the National interest and small politicians personal interests


      • Re: Armenia's Economic Pulse

        excellent-shall be reposted as UrMistake's work in my own Blogs, OR LINKS good...check it out, you know many "interesting" people are in that place ROAMING me!


        • Re: Armenia's Economic Pulse



          In an exclusive interview with Russian businessman German
          Sterligov said that they will start business with Armenian businessman
          Mikhail Baghdasarov.

          "Me and Misha, both of us former millionaires will start business from
          zero. The firts thing will be production of ecologically clean bread.

          The first steps have already been undertaken," Sterligov said.

          Փնտրում ե՞ք խաղադրույքների հրաշալի կայքեր։ Շատ լավ, բարեբախտաբար Դուք հայտնվել եք ճիշտ տեղում։ Երբ խոսքը գնում է խաղադրույքների լավագույն կայքերի մասին, մենք դրա գիտակն ենք։
          Hayastan or Bust.


          • Re: Armenia's Economic Pulse


            YEREVAN, September 7. /ARKA/. The Russian Energy Ministry and the
            Ministry of Energy and Natural Resources of Armenia signed a protocol
            today in Moscow amending the agreement on the formation of prices for
            the supply of natural gas to Armenia.

            The document establishes the legal reduction of the base price for the
            supplies of Russian gas to Armenia from $189 to $165 per 1,000 cubic
            meters, the Russian Energy Ministry said Monday, Tass reported.

            The document also defines the basic conditions for ensuring proper
            functioning of Gazprom Armenia, Armenia's national natural gas
            distribution company.

            Russian Energy Minister Alexander Novak said that Russia is currently
            the main supplier of oil products to Armenia. In the current year
            about 70,000 tons of oil products were delivered to the county duty
            free. Duty free supplies of natural gas to Armenia amounted to more
            than 1 bln cubic meters. In 1H 2015, Gazprom supplied 886 mln cubic
            meters of gas to Armenia.

            Armenia's national natural gas operator Gazprom Armenia is 100% owned
            by Russian Gazprom. It deals with transportation and storage of
            Russian gas to Armenia, its distribution and sale, as well as
            reconstruction and expansion of gas transmission system and
            underground gas storage facilities.-0- -

            The Russian Energy Ministry and the Ministry of Energy and Natural Resources of Armenia signed a protocol today in Moscow amending the agreement on the formation of prices for the supply of natural gas to Armenia.

            Hayastan or Bust.


            • Re: Armenia's Economic Pulse


              09:15 ~@ 08.09.15

              Armenian President Serzh Sargsyan met with President Vladimir Putin
              of Russia as part of his working visit to the country.

              According to a press release by the presidential office, the two
              leaders discussed a broad framework of multilateral and bilateral
              issues, focusing particularly on cooperation in the economic and
              humanitarian sectors between the two strategic allies. They also talked
              of future partnership plans stemming from Armenia's integration into
              the Eurasian Economic Union.

              The presidents further exchanged thoughts on current regional and
              international developments, addressing, among other things, the
              unsettled Nagorno-Karabakh conflict.

              President Putin hailed his Armenia counterpart, thanking him for
              accepting his invitation to visit the country. "It is very pleasing
              to know that Russia remains a leading economic partner of Armenia.

              Compared to 2013, our turnover essentially increased, but the first
              two quarters of the past year have seen changes towards a decline.

              There are certain subtleties to which I do not have a response now. We
              are ready to discuss those questions with you today," he said.

              Thanking the Russian leader for the invitation, President Sargsyan
              said with satisfaction that the Armenian-Russian bilateral agenda
              continues to be enriched with new initiatives.

              "Our meetings, held periodically, have allowed us to sum up the
              previous agreements and respond to the questions arising in the
              course of time. Last time we together thoroughly discussed our
              agenda in Yerevan, as you attended the events dedicated to the 100th
              anniversary of the Armenian Genocide in the Ottoman Empire, and we did,
              of course, exchange views at the Moscow-hosted events dedicated to
              the 70th anniversary of the victory in the Great Patriotic War. And
              [we continued the talks] also in Ufa. Questions of major importance
              were resolved for Armenia over that period, so I would like to thank
              you at once for [the decision] to hand over the Permyakov criminal case
              to Armenia's justice authorities. I am very grateful to you. Today,
              we signed an agreement with the Ministry of Energy, agreeing to reduce
              the natural gas price by US $25 Dollars to $165. A $200 million worth
              loan agreement was signed for upgrading the Armed Forces' arsenal,"
              the Armenian leader said.

              The president also highlighted the recently signed agreement on
              modernizing the Nuclear Power Plant and other integration processes
              following Armenia's membership in the EEU.

              The president added that the price of energy carriers remains a major
              issue for Armenia, with the fluctuating currency exchange rates
              negatively affecting the market. Sargsyan said he is hopeful that
              that problem too, will find a solution.

              He further addressed the past days' armed tensions along the
              Armenian-Azerbaijani border and the Nagorno-Karabakh Line of Contact,
              saying that Armenia had no choice but to react adequately in such
              a situation.

              He added that the bilateral humanitarian relations are developing very
              dynamically, with the opening of the Lomonosov Moscow University's
              branch in Yerevan being a good example of that. "The Russian gymnasium
              will begin its activities soon, and in just a couple of week,s we
              will conduct the third international student conference of the Moscow
              State Institute of International Relations. I want to also state that
              the inter-governmental committee works very well," Sargsyan said,
              once again thanking the Russian president for the meeting.

              Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.

              “Our meetings held periodically have allowed us to sum up the previous agreements and respond to the questions arising in the course of time. Last time we together thoroughly discussed our agenda in Yerevan ...
              Hayastan or Bust.


              • Re: Armenia's Economic Pulse

                Armenian Clothing Manufacturer Makes it Big in Europe

                (English-language video. For the Armenian version, visit WKS Armenia is a clothing manufacturer that makes unif...


                • Re: Armenia's Economic Pulse


                  Vestnik Kavkaza, Russia
                  Sept 11 2015

                  Sep 11 - 2:11 pm

                  Armenia has initiated the creation of a free trade zone between the EEU
                  and Iran, Armenian Deputy Foreign Minister, Shavarsh Kocharyan, said.

                  "Three months ago we sent an official letter to the Eurasian
                  Economic Commission suggesting to start a procedure of forming a
                  more preferential trade regime between the Eurasian Economic Union
                  and Iran. It is proposed to create a special working group with the
                  participation of representatives of the EEC and the EEU," Kocharian

                  Shavarsh Kocharyan reminded that Iran has expressed an interest in
                  creating a free trade zone for a long time. In the case of signing
                  the agreement, Armenia will be able to benefit from its partnership
                  with the EEU, Arka reports.

                  Hayastan or Bust.


                  • Re: Armenia's Economic Pulse

                    I hope this goes through without a problem. We (Armenia and Iran) been wanting this for a long time now so it seems the free trade will happen.
                    fingers crossed.
                    B0zkurt Hunter


                    • Re: Armenia's Economic Pulse

                      Levon Hayrapetyan freed from house arrest

                      12:34 16.09.15

                      Levon Hayrapetyan, the Russian-Armenian businessman convicted over an
                      oil company's illicit sale, has been released from his house arrest.

                      Law enforcement sources have told the news agency TASS that the
                      precautionary measure was replaced by a petition for not leaving the
                      country after the earlier court ruling expired on September 15.

                      Hayrapetyan had been under house arrest since July 17, 2014. He was
                      charged with two counts of embezzlement: those of the funds sold by
                      the company Bashneft, and an amount of US $700,000 which he allegedly
                      received from the mother of Igor Izmestev, a former senator of
                      Bashkortostan .

                      The Prosecutor General's Office of the Russian Federation did not
                      confirm the charges in the second case, returning the materials for a
                      repeated expert examination. Meantime, the 12 months' maximum period
                      for house arrest expired.

                      The probe into the circumstances of the latter proceeding was earlier
                      reported to have been extended until November.

                      The businessman is accused for involvement in the sale of Bashneft
                      company's shares to the Joint-Stock Financial Corporation Sistema.
                      Basnneft was later returned to the state in the wake of an arbitration

                      Law enforcement sources have told the news agency TASS that the precautionary measure was replaced by a petition for not leaving the country after the maximum term of the earlier court ruling expired ...
                      Hayastan or Bust.