Armenia's Economic Pulse

[UrMistake]

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 !!!

[londontsi]

Re: Armenia's Economic Pulse

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[demetrios]

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 FREE...like me!

[Haykakan]

Re: Armenia's Economic Pulse

MIKHAIL BAGHDASAROV RETURNS TO BIG BUSINESS WITH GERMAN STERLIGOV

28/August/2015

In an exclusive interview with Nyut.am 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.

http://nyut.am/?p=80899&l=en

[Haykakan]

Re: Armenia's Economic Pulse

RUSSIA LOWERS GAS PRICES FOR ARMENIA TO $165 PER 1,000 CUBIC METERS

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- -

http://arka.am/en/news/economy/russia_lowers_gas_prices_for_armenia_to_165_per_1_000_cubic_meters/#sthash.0eVV1F3m.dpuf

[Haykakan]

Re: Armenia's Economic Pulse

ARMENIAN-RUSSIAN HIGH-LEVEL TALKS HELD IN MOSCOW - PHOTOS/VIDEO

09:15 â~@¢ 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.

https://www.youtube.com/watch?v=m_9jgU04FY4

http://www.tert.am/en/news/2015/09/08/president/1784439

[Zeytun]

Re: Armenia's Economic Pulse

Armenian Clothing Manufacturer Makes it Big in Europe

https://www.youtube.com/watch?v=VtI_ewzD1ss

[Haykakan]

Re: Armenia's Economic Pulse

ARMENIA STARTS TO PROMOTE FREE TRADE ZONE BETWEEN EEU AND IRAN

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
noted.

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.

http://vestnikkavkaza.net/news/Armenia-starts-to-promote-free-trade-zone-between-EEU-and-Iran.html

[Eddo211]

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.

[Haykakan]

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
proceeding.

http://www.tert.am/en/news/2015/09/16/hayrapetyan/1791311