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Economy

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18,000-Square-Meter Iranian Trade Center Opens in Yerevan

YEREVAN — Senior Armenian and Iranian officials reaffirmed their governments’ pledges to…

Armenian PM, Russian Deputy PM Discuss Bilateral Relations and Economic Cooperation

YEREVAN — Armenian Prime Minister Nikol Pashinyan met with Russian Deputy Prime…

Modernization of Meghri Border Checkpoint Discussed at Armenia’s State Revenue Committee

Officials from Armenia’s State Revenue Committee (SRC), along with representatives from the…

PM Nikol Pashinyan to Attend BRICS Summit in Kazan, Russia

YEREVAN — Prime Minister Nikol Pashinyan confirmed through a spokeswoman on Friday…

Armenia to Participate in BRICS Summit in Russia

YEREVAN — Armenia will participate in the BRICS summit to be held…

Armenia Submits Application to Join Civil Nuclear Technology Pact with US

WASHINGTON, DC — The United States has confirmed it is studying a…

EFSD to Provide $200 Million for Construction of Kajaran Tunnel

YEREVAN — The Armenian government has approved a $200 million loan agreement…

Armenia’s Foreign Trade Doubled in the First Half of 2024 to Over $18.4bn

YEREVAN — Armenia’s foreign trade in January-June 2024 has doubled year-on-year to…

Armenian Government Establishes Company to Oversee New Nuclear Power Plant Construction

YEREVAN — The Armenian government has approved the creation of a closed…

Fitch Affirms Armenia at ‘BB-‘: Outlook Stable with 6% Growth in 2024

NEW YORK — FitchRatings has affirmed Armenia’s Long-Term Foreign-Currency Issuer Default Rating…

City of Glendale Seeks New Retailers for Artsakh Creative Retail Pop-Up Accelerator

GLENDALE – The City of Glendale is ready to build on the success…

Armenia’s Economy Grows 10.4% in First Half of 2024

YEREVAN — Armenia’s economic activity index registered a 10.4% growth in January-June…

Samantha Power: US Wants to Move Relationship with Armenia From Aid to Trade

WASHINGTON, DC – Partnership between Armenia and the US grows stronger each…

Armenia in Talks with US on New Nuclear Power Plant

YEREVAN — Armenia is discussing with the United States the possibility of…

Europe’s Largest Hospitality Company Accor to Invest $100m in Hotel Complex In Yerevan

YEREVAN — Technotun, an Armenian developer company, and Europe’s largest hospitality company…

Economic Activity in Armenia Grew by 11.2 Per Cent Year-on-Year in 5 Months

YEREVAN — Economic activity in Armenia grew by 11.2 per cent in…

U.S., Armenia Sign Customs Cooperation Agreement

YEREVAN — The United States and Armenia signed on Tuesday an agreement…

NAASR to Host Hybrid Talk by Samson Avetian on “Securing Armenia’s Economic Outlook: The Role of a Strong Tech Sector”

BELMONT, MA — The National Association for Armenian Studies and Research (NAASR)…

First Truck Arrives from Shanghai to Yerevan as Part of Crossroads of Peace Project

YEREVAN — The first truck from Shanghai arrived in Yerevan as the…

Global Libra Group to Discuss Implementation of Projects in Armenia

YEREVAN — Prime Minister Nikol Pashinyan received George Logothetis, the president of…