FREE GEOPOLITICAL NEWSLETTER

armenia
 

ARMENIA

NEWS REPORT
  
  

width="100" height="100"

In-depth Business Intelligence

Key Economic Data 
 
  2002 2001 2000 Ranking(2002)
GDP
Millions of US $ 2,367 2,100 1,900 135
         
GNI per capita
 US $ 790 570 530 143
Ranking is given out of 208 nations - (data from the World Bank)

Books on Armenia

REPUBLICAN REFERENCE

Area (sq.km)
29,800

Population
3,326,448

Principal ethnic groups
Armenian 93.3%
Azeri 2.6%
Russian 2%

Capital
Yerevan

Currency
Dram

President
Robert Kocharian
 

 

Update No: 286 - (28/10/04)

Yerevan objects to Turkey's role in Karabakh settlement 
The major impediment to Armenia losing its pariah status in the region is the fact that it is clinging on to 20% of Azeri territory. Azerbaijan lost control of Nagorno-Karabakh in a bloody conflict with Armenia in the 1990s. Baku remains publicly intransigent on the issue.
Armenia objects to Turkey's participation in the current phase of the Karabakh settlement, Foreign Minister Vardan Oskanian told a recent press conference. "We rule out Turkish participation in the current phase," he said. 
Oskanian said Ankara might play a positive role in later phases of the Karabakh settlement. 
Armenian President Robert Kocharian and Azerbaijan President Ilham Aliyev have not made a decision on preliminary agreements on a Karabakh settlement, which the foreign ministers reached over recent months, he said. "It seems the presidents need another meeting and discussion of the proposals," he said. The two leaders will also determine the further course of negotiations, he said. 
Oskanian said he reached preliminary agreements with his Azerbaijani counterpart that might serve as the core of a Karabakh settlement. 
The Armenian and Azerbaijani presidents are considering the proposals. If they are approved, negotiations on a Karabakh settlement will enter their second phase, he said. 

Azerbaijan demands Armenia's exclusion from Council of Europe
Azerbaijan has sent a letter to the Council of Europe demanding that Armenia be expelled from this organization. 
"The document that contains the demand to exclude Armenia from the Council of Europe has already received the status of an official PACE document. It will be distributed among PACE countries' representatives on Tuesday and will be discussed at a session of the Council of Europe ministers' cabinet in the near future," a representatives of Azerbaijan's delegation at the Strasbourg PACE session, Rafael Guseinov, told Interfax News Agency.
"This demand is motivated by the fact that Armenia has repeatedly violated the basic principles of the Council of Europe. Namely, Armenia continues the occupation of 20% of Azerbaijan's territory, Azerbaijan being another Council of Europe country," Guseinov said. 
The UN Security Council has repeatedly condemned the occupation of Azerbaijani territory and demanded that Armenian military units be withdrawn from it. The OSCE Minsk Group, which includes representatives of Russia, France, and the United States, is mediating the conflict. 

Gazprom's involvement in Iran-Armenia pipeline to be discussed
The Armenians are in effect in the pocket of the Russians so long as the dispute continues, their only real supporters on the issue. Cut off from Turkish and, a fortiori, Azeri ecenomic relations by the blockade maintained by both countries with them, Russia is the vital partner, the source of arms and energy.
The Russian-Armenian inter-parliamentary commission on economic cooperation for example was planning to discuss the involvement of Russia's Gazprom in the construction of the gas pipeline connecting Iran and Armenia in mid-October, a source in the Armenian government told Interfax. Gazprom intends to offer its cooperation on the construction of the 41 km long Armenian section of the pipeline connecting the town of Megri (located on the Iranian border) to the town of Kadzharan (320 km southeast of Yerevan) and also on the reconstruction of the pipeline connecting Kadzharan and Yerevan (which has a pipe diameter of 500 to 700 mm). 
The cost of building the Armenian section of the pipeline exceeds the $30 million loan provided for this purpose by the Export Development Bank of Iran, which increases Gazprom's chances of participating in the project. 
In May 2004, Armenia and Iran signed an agreement on the construction of a gas consortium to supply Iranian gas to Armenia. Under that agreement, Iran took on the obligation to supply 36 billion cubic meters of natural gas to Armenia over a period of 20 years, with the possibility of extending the contract by five years and the total gas supplies to 47 billion cubic meters. 
The construction of the Iranian section of the pipeline, which is 100 km long, began in mid-July, and the construction of the Armenian section were due to begin before the end of October. 
The total cost of building the Iran-Armenia pipeline and renovating the pipeline currently connecting Kadzharan and Yerevan is estimated at $210-220 million. The supply of Iranian gas will likely begin no later than January 2007. 

« Top

ENERGY

Gazprom to participate in Iran-Armenia pipeline project

The Russian-Armenian interparliamentary commission on economic cooperation is planning to discuss the involvement of Russia's Gazprom in the construction of the gas pipeline connecting Iran and Armenia in mid-October, a source in the Armenian government said, Interfax News Agency reported.
Gazprom intends to offer its cooperation on the construction of the 41km long Armenian section of the pipeline connecting the town of Megri (located on the Iranian border) to the town of Kadzharan (320km southeast of Yerevan) and also on the reconstruction of the pipeline connecting Kadzharan and Yerevan (which has a pipe of 500 to 700 millimetres). The cost of building the Armenian section of the pipeline exceeds the 30 million Euro loan provided for this purpose by the Export Development Bank of Iran, which increases Gazprom's chances of participating in the project.

Armenia to consume electricity generated from Iranian gas

Armenia plans to consume up to 20 per cent of the electricity it generates from Iranian gas, the Armenian energy minister, Armen Movsesian, said, Interfax News Agency reported.
Armenian officials earlier said Armenia would export all the electricity it generates with Iranian gas to Iran and, possibly to Georgia. The energy ministry said it would export three kilowatt-hours of electricity to Iran for one cubic metre of gas received from Iran. Armenia and Iran have signed a 30 million Euro credit agreement to finance the construction of the Armenian section of the Iran-Armenia gas pipeline. The pipeline is 141km long, consisting of 41km in Armenia and 100km in Iran. The total cost of the project is estimated at 210-220 million Euro. The pipeline is expected to be launched before January 1st 2007. Gas should start to arrive in Armenia from January 1997 and will be used at Armenia thermal power plants to produce electricity for export to Iran. Iran will supply 36 billion cubic metres of natural gas to Armenia over 20 years according to the document.

« Top

FOREIGN ECONOMIC RELATIONS

Armenia, Bulgaria set to boost ties

As an outcome of the official visit of Bulgarian President Georgi Purvanov to Armenia, the presidents of the two countries have noted with satisfaction the positive results of the Bulgarian-Armenian talks on the whole range of bilateral relations and on issues of international policy of mutual interest, says a joint communiqué signed by Armenian and Bulgarian Presidents Robert Kocharyan and Georgi Purvanov, Arminfo reported.
The presidents confirmed their determination to be receptive to the deepening of the political dialogue and boosting of bilateral cooperation in all areas, the Armenian presidential press service has told the news agency. The presidents of the two countries noted the importance of the further intensification of economic cooperation. In this connection, the presidents stressed the special role of future transport infrastructure linking Bulgaria and Armenia, in particular, joint railway and ferry projects.
The Bulgarian and Armenian presidents have advised members of the Bulgarian and Armenian intergovernmental commission for trade and economic, scientific and technical cooperation to find solutions and take the necessary steps to expand cooperation between the two countries. 
The presidents noted with satisfaction general efforts to integrate into European structures as one of the most important directions in the foreign policy of the two countries. The presidents welcomed the involvement of Armenia and other South Caucasus countries in the Wider Europe - New Neighbourhood programme and expressed willingness to enhance cooperation of the two countries within the framework of European and regional projects.
The presidents noted Bulgaria's substantial progress in integrating into European and Euro-Atlantic organizations, as a result of which Bulgaria has become a member of the North Atlantic alliance and a specific date has been fixed for the country's accession to the European Union.
Armenia highly rates Bulgaria's role in maintaining stability in the Balkans and providing political and economic conditions for regional security. In turn, Bulgaria supports Armenia's readiness to develop good-neighbourly and partner relations with the countries of the region and Armenia's efforts to boost cooperation with the European Union, NATO, the OSCE and the Council of Europe.
Bulgaria and Armenia welcome the intensification of talks in 2004 to resolve the Nagornyy Karabakh conflict. The sides share the opinion that a solution to the Nagornyy Karabakh conflict should be completely peaceful. As a member of the OSCE, Bulgaria and Armenia support efforts of the OSCE Minsk Group and its co-chairmen are aiming at finding a lasting and comprehensive solution acceptable for the sides.
The presidents resolutely denounced recent terrorist acts in the world and confirmed their countries' determination to continue combating terrorism as part of the world antiterrorist coalition. The Bulgarian and Armenian presidents confirmed the two countries' willingness to boost cooperation within international organizations and European structures, stating that they will cooperate in issues of mutual interest in the future as well.

Armenia, Finland sign investment cooperation agreement

Finnish Foreign Minister Erkki Tuomioja and Armenian President Robert Kocharian have paid special attention to the European Union's Wider Europe - New Neighbourhood programme in the South Caucasus at a meeting which was part of the Finnish foreign minister's regional visit, Public Television of Armenia reported. 
Kocharian assessed the Finnish foreign minister's visit as a sign of boosting bilateral political and economic relations.
At a meeting with Armenian Prime Minister, Andranik Markaryan, they signed an agreement between Armenia and Finland on creating a favourable investment atmosphere and its protection.

Armenian president discusses South Caucasus with Norwegian foreign minister

Armenian President, Robert Kocharian, recently met the Norwegian foreign minister and chairman of the Committee of Ministers of the Council of Europe, Jan Petersen, who was in Armenia as part of a regional visit, Arminfo reported.
Arminfo was told at the Armenian president's press office that Kocharian noted the importance of the visit by the Norwegian Foreign Minister both within the framework of Armenia's European politics and within the context of activating bilateral political and economic ties. He expressed his thanks to the Norwegian refugee council for its consistent assistance in resolving refugee problems. The two men exchanged views on regional issues, particularly as regards to finding a solution to the Nagornyy Karabakh conflict. The president explained in brief the current stage in trying to resolve the conflict and Armenia's approach in trying to find a solution to this issue.
In turn, the Norwegian foreign minister stressed the importance of mutually advantageous regional cooperation which, he said, could become a significant factor in helping to resolve conflicts. 


« Top

CUSTOMISED REPORTS

 

Our analysts and editorial staff have many years experience in analysing and reporting events in these nations. This knowledge is available in the form of geopolitical and/or economic country reports on any individual or grouping of countries. Such reports may be bespoke to the specification of clients or by access to one of our existing specialised reports. 
 
For further information email:
reports@newnations.com

« Top

« Back

 


 
Published by 
International Industrial Information Ltd.
PO Box 12 Monmouth 
United Kingdom NP25 3UW 
Fax: UK +44 (0)1600 890774
enquiries@newnations.com