Tag Archives: Armenia

Retail franchise Spar to open in Armenia

NOV. 5 (The Bulletin) — The retail franchise Spar will set up shops in Armenia from 2020, the business lobby group Invest in Armeni said. It did not say who would operate the franchise. Armenia’s economy has been growing, making it an increasingly attractive prospect for international franchise. There are 12,500 shops operating under the Spar brand in 44 countries. In the region, Spar already operates in Georgia and Azerbaijan.

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— This story was first published in issue 428 of the weekly Bulletin.

Armenia’s economy to grow by 7% this year

NOV. 8 (The Bulletin) — Armenia’s Central Bank said that economic growth this year would hit around 7%, far exceeding initial expectations of 4.9%. It said that manufacturing output, construction and strong private consumption had all spurred the growth. The government of PM Nikol Pashinyan has been been talking up its economic policies since a revolution in 2018.

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— This story was first published in issue 428 of the weekly Bulletin

Lydian says Armenian government still blocking its plans

NOV. 5 (The Bulletin) — Lydian International, the Colorado-based mining company, has complained that ministers in Armenia are trying to block it from exploiting the Amular mine in the south of the country once again. It said that a minister has thrown out plans it had put forward on just how much water it planned to take out of the Darb river. Work was stopped at the mine in June 2018 because of various environmental complaints but in October officials greenlighted the project.

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— This story was first published in issue 428 of the weekly Bulletin.

YEREVAN/NOV. 11 (The Bulletin) — Armenia will soon allow Russia to inspect three US-linked biochemical laboratories near Yerevan, part of a network across the former Soviet Union that the Kremlin has said is being used to develop weapons.

Granting Russia access to the US-sponsored sites is an indication of just how close relations have become between the Kremlin and Yerevan since Nikol Pashinyan took over as Armenian PM after a revolution last year. He has sent Armenian deminers and doctors to support Russia’s operations in Syria and also made deals with Iran, all to the irritation of Washington.

At a joint press conference with Armenian foreign minister Zohrab Mnatsakanyan in Yerevan, Russian foreign minister Sergei Lavrov said that a deal to visit the biochemical laboratories would be finalised “soon”.

“We see very close contacts between our countries’ economic departments; intergovernmental commissions are getting ready for work in Yerevan in the first half of next year. Yerevan will also host a Russian-Armenian inter-regional forum,” Mr Lavrov said.

The US government has always denied that the laboratories are developing weapons and has said it would be happy for the Russians to tour them. Instead, it has said that the labs are developing “disease response and reporting capabilities” and that, although part-funded by the US, they are under the full control of the Armenian government.

The biochemical laboratories have been a source of frustration for the Kremlin, alleging that the US is using them to develop biological weapons. Last year Mr Lavrov directly accused the Lugar laboratories in Tbilisi of being a front for a US weapons plant, a row that angered the US and damaged Georgia-Russia relations.

The warm relations between Russia and Armenia have taken analysts by surprise. Most had expected the Kremlin to disapprove of a revolution in Armenian in April and May 2018 that ushered Mr Pashinyan into power, previously an apparently pro-Western fringe politician. He, though, has proved keen to keep the Kremlin onside.
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— This story was first published in issue 430 of the weekly Bulletin.

Pashinyan stirs up Karabakh tension

YEREVAN/Aug. 5 (The Bulletin) — Armenian PM Nikol Pashinyan called for Armenia’s unification with the disputed region of Nagorno-Karabakh, hardline language that immediately drew condemnation from neighbour Azerbaijan.

He made the comments during a visit to the Armenian controlled section of the region which is called Artsakh. During his speech, Mr Pashynian said: “Artsakh is Armenia and that’s it.”

He also led the crowd in chants of “miatsum” which means unification, used as a slogan during the 1990s when the region broke away from Azerbaijan.

A shaky UN ceasefire has held since then, although there are sporadic outbreaks of violence.

Azerbaijan, which has accused Mr Pashinyan of blocking peace negotiations since he took power in a revolution in 2018, issued an immediate rebuke, calling his statements a provocation.
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— This story was first published in issue 418 of the weekly Bulletin

Armenian deminer injured on Syria mission

YEREVAN/March 7 (The Bulletin) — Armenia suffered its first casualty of is engagement in Syria when a landmine exploded and seriously injured a deminer’s leg. The deminer had to have his foot amputated.

The detachment of 83 personnel — deminers and medics — are supporting Russian reconstruction efforts in Aleppo, once home to an ethnic Armenian diaspora estimated at around 100,000 people.

The US has warned Armenia not to support Russian military efforts in the region but Armenia’s new PM, Nikol Pashinyan has been keen to win favour with Russian President Vladimir Putin since he came to power in May last year through a revolution.

Wary of upsetting the US, Armenia is the only former Soviet country supporting Russia’s reconstruction efforts.

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— This story was first published in issue 403 of the weekly Bulletin

Armenia fines subsidiary of France’s Veolia

FEB. 6 (The Conway Bulletin) — The authorities in Armenia fined Veolia Jur, a subsidiary of France’s Veolia, 10m dram ($20,700) for “ongoing breaches of water supply requirements”. According to media reports, Veolia Jur missed deadlines set in 2016 for water supplies and waste water removal. Last year, Veolia Jur was fined a similar amount for breaching anti-trust laws.
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>This story was first published in issue 399 of The Conway Bulletin on Feb. 8 2019
Copyright The Conway Bulletin 2019

Armenia to open first embassy in Qatar

FEB. 6 (The Conway Bulletin) — Armenia’s government said that it will open its first embassy in Qatar by the end of the year. A handful of unverified news reports said that the Qatari government was to pay the running costs of the embassy for the first three years.
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>This story was first published in issue 399 of The Conway Bulletin on Feb. 8 2019
Copyright The Conway Bulletin 2019

Armenia buys Russian fighter jets

FEB. 1 (The Conway Bulletin) — Armenia has bought four Su-30SM fighter jets from Russia for an undisclosed amount, media reported saying that it was the first time in “many years” that the Armenian military had bought new fighter jets rather than second-hand ones. The fighter jets should be delivered by 2020. Armenia is still officially at war with Azerbaijan over the disputed region of Nagorno-Karabakh.
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>This story was first published in issue 399 of The Conway Bulletin on Feb. 8 2019
Copyright The Conway Bulletin 2019

Italian ceramic maker to move production to Armenia

FEB. 4 (The Conway Bulletin) — Italian Stoneware signed a deal to move part of its production for its Ceramisia brand to Armenia. Under the deal, ceramic pots will carry the slogan: “Designed in Italy, made in Armenia”. Media reports said that 150 jobs will be created in Armenia by the move.
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>This story was first published in issue 399 of The Conway Bulletin on Feb. 8 2019
Copyright The Conway Bulletin 2019