Armenian investors notified Azerbaijan, demanding reimbursement for the hydropower plants in occupied Artsakh

19 Armenian private investors from the small hydroelectric power plant industry have requested reimbursement from Azerbaijan for millions of dollars in investments.The Armenian investors will appeal to the International Arbitration Court if Baku does not respond to their request. Represented by the international law firm, “Willkie Farr & Gallagher”, and the Armenian Consulting Company, “David […]

The 1991 Referendum on the Independence of Artsakh

On December 10, 1991, the Referendum of Independence was held in Artsakh and based on its result, the Independent Republic of Artsakh came into existence.The voters’ list comprised 132.328 citizens eligible to vote. 82% of all voters participated, and 99% voted for independence.The Referendum was conducted according to the “Temporary Regulation on Holding a Referendum […]

Armenia will transfer the edited draft of the peace treaty to Azerbaijan soon

Armenia and Azerbaijan continue working on a peace treaty, Secretary of the Security Council of Armenia, Armen Grigoryan, told reporters on December 8, when asked about the new proposals of the Azerbaijani side, which were handed over to Armenia.“We continue working on the text, and our edited version will soon be transferred to Azerbaijan”, stated […]

Yerevan hosted the Silicon Mountains International Tech Summit

On December 9, 2022, Yerevan hosted the end-of-year Silicon Mountains International Tech Summit dedicated to the usage of Smart Digital Solutions in different fields of the economy.International and local experts, government and international organisations’ representatives have shared their experiences on; (i) smart governance, (ii) smart economy, (iii) smart banking, and (iv) smart infrastructure.Representatives from different […]

Armenia wants peace, if Azerbaijan withdraws and stops aggression – Ambassador

If Azerbaijan were to immediately withdraw from the sovereign Armenian territory that it occupies and promise to halt further aggression, the path could be cleared toward a comprehensive peace settlement, Armenian Ambassador to the UK, Varuzhan Nersesyan, said in an op-ed published by The Jerusalem Post. Azerbaijan wants to eliminate Armenia, Armenian identity; the Ambassador […]

The share of Armenia’s external debt will decrease, says the Finance Minister

The share of external debt in Armenia’s total debt will decrease in 2023, Minister of Finance Tigran Khachatryan said during the debate of the 2023 state budget draft in the Parliament.He stated that the government’s debt will comprise 4 trillion 645 billion drams or 49.8% of the GDP by the end of the year, and […]

National Geographic article applauds opening of new hiking trail in Armenia

National Geographic features an article, by Mark Johnson, about this year’s opening of the 514-mile (827 km) Armenian portion of the Transcaucasian Trail (TCT).Eventually, the TCT will comprise a 1,800-mile (2,897 km) network linking Armenia, Georgia, and Azerbaijan.Here’s the statement:Despite its small size — just over 11,000 square miles (28,490 square km) — Armenia packs […]

Dublin International Film Festival to present Artavazd Peleshyan’s films

The Dublin International Film Festival has announced select highlights from their 2023 film festival, including a double bill of films from filmmaker Artavazd Peleshyan.The festival will screen “The Seasons” and “Nature” on Saturday, March 4, followed by a Q&A hosted by Irish director Tadhg O’Sullivan.Artavazd Peleshyan produced his first film in 27 years in 2020 […]

34 years after the devastating earthquake in Spitak

December 7 marks the 34th anniversary of the devastating earthquake in Spitak. The earthquake hit 40% of the territory of Armenia, a densely populated region with 1 million people.The cities of Spitak, Gyumri, Vanadzor and Stepanavan, as well as hundreds of villages, were totally or partially destroyed. 25 thousand people were killed, and 500 thousand […]