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economic cooperation

Armenian PM Karen Karapetyan Expands Economic and Military Cooperation During SPECA Summit

Armenia’s Prime Minister Karen Karapetyan met with Azeri officials at the SPECA summit, discussing economic and military cooperation. The PM highlighted successful collaboration and emphasized the importance of transportation and logistics. He announced investment in transport infrastructure, energy programs, and tourism development. Trade has increased with Azerbaijan by 16%, reaching $1.2 billion this year, and by 50% with Central Asia, totaling $1.4 billion in 10 months. The PM stressed the goal of economic prosperity, stability, and sustainable development, emphasizing the importance of the South Caucasus Electric Power Transmission Project. Armenia is also investing in an international airport and gas transfer. Further cooperation with Central Asia is a priority.

Politics

“Armenia’s Economic Cooperation with Turkey: A Hidden Connection Revealed, Says Political Analyst”

Armenia’s economic cooperation with Turkey is significant, according to Artur Kiviryan, a political analyst. He also highlights Russia and Iran’s joint efforts in preventing large-scale aggression by Azerbaijan. Kiviryan believes Armenian PM Pashinyan thinks Moscow will abandon the November 9 document. Russian mercenaries remain in Artsakh. The “3+3” format contradicts Armenia’s interests, aligning with Russia and Iran. Armenia should lobby to include Georgia.

Minister Leo Varadkar Fosters Economic and Security Ties with Armenia in EU, Promotes Regional Peace and Stability

Minister Varadkar proposes stronger economic and security cooperation with Armenia in EU matters. He emphasizes the need for dialogue between Armenia and Azerbaijan for lasting peace. UK affirms support for Armenia’s political reforms and provides funding for governance programs. Military dialogue in London strengthens UK-Armenia ties.

Military Politics

“Armenia’s Drastic Move: Economic Cooperation with Russia Severed, Threatens Security Architecture, Warns Military Expert”

Armenia ends economic ties with Russian state-owned buildings, shifting security architecture. Termination impacts military base, atomic plant, and gas supplies from Azerbaijan. Expert Hayk Nahapetyan explains implications.

Around the Globle

Armenia’s Minister of Economy, Vahan Kerobyan, plans to boost economic cooperation with Russia and expand trade with international partners

Retail transactions with different denominations are carried out normally with no currency exchange issues. Minister Vahan Kerobyan plans to improve economic cooperation with Russia and increase bilateral trade. The ministry will participate in international exhibitions in China and the US to boost exports and diversify markets, including Europe. Trade turnover with Germany, the US, and France is increasing.