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On 1 Jan 2015 Beeline fixed communication subscribers to make free calls to all fixed networks of Armenia and Nagorno-Karabakh

VTB Bank (Armenia) offers its Telephone Bank service to companies and private businessmen

On Dec 27 banks bought whole amount of USD offered by Central Bank on interbank forex market, with few transactions registered at NASDAQ OMX Armenia

Armenfilm's future is still vague

Spokesman for Artsakh Republic President: Sabotage attacks are not our style

The Foundation for the Preservation of Wildlife and Cultural Assets and its General Partner VivaCell-MTS will mark the completion and present the outcomes of a project implemented in Tsovagyugh community

President: Armenia has all the opportunities to maintain financial stability

Economy minister: Armenia intends to diversify its foreign trade to avoid trade risks with Russia

Qatari and Greek air companies announce their entry into Armenia's airfreight market

Russia will go on selling weapons to Armenia and Azerbaijan on a parity basis in 2015

Over past 4 years INECOBANK received USD 50mln loans from Symbiotics and ResponsAbility to finance micro business

Russian Government approves lending $270 mln to Armenia for prolongation of Armenian Nuclear Power Plant's lifespan

Russian Government considers protocol on supplies of gas, oil derivatives and rough diamonds to Armenia without customs duties

Cooperation between VivaCell-MTS and Opera Support Fund marked by a holiday concert

Russian Government discusses lending $270 mln to Armenia for prolongation of Armenian Nuclear Power Plant's lifespan

People's guards in Noyakert detain Turkish citizen who pried information about villagers

On Dec 25 banks were more active on interbank forex market than at NASDAQ OMX Armenia

Armenian citizen detained by Russian border guards while attempting to illegally cross Armenian-Turkish border

Electric locomotive repaired in Armenia for the first time in 25

Beeline and Classical Music Development Fund summed up results of cooperation over 2014

Hayk Demoyan: Turkey tries to sow discord within Armenian Diaspora structures on the threshold of the 100th anniversary of the Armenian genocide

Syrian newspaper: Situation stable in Kessab

Azerbaijan's Defense Ministry tries hardest to conceal the losses after Armenia's retaliation for the downed helicopter, a source in security agencies says

The personal investment of VivaCell-MTS employees in the creation of a computer class in the boarding school of Byureghavan

Geoteam has contributed around AMD 720 million (USD 1.6 million) to communities adjacent to Amulsar in land rental fees.

Nursultan Nazarbayev ratifies treaty on Armenia's accession to the EEU

Films on Armenian Genocide to be shown in 20 countries in 2015

Gallup International Association: Yerevan residents give 3.9 points (out of 5) to activity of Police Head

Gallup International Association: Yerevan residents give Mayor Taron Margaryan 4.1 points (out of 5)

Fatih Akin's "The Scar" to be demonstrated in Yerevan

Beeline subscribers can receive free roaming calls in any country

Robert Kocharyan's Office refutes information about two presidents' meeting

Levon Hayrapetyan hospitalized due to health deterioration

Newspaper: Seyran Ohanyan to run for president from Republican Party of Armenia in 2018

Central Bank of Armenia raises refinancing rate from 6.75% to 8.5%

Hrachya Rostomyan: The European Games are not the property of Baku

For the first time Armenian journalists get an opportunity to participate in fourth annual contest of Rostelecom OJSC

Rostelecom's investments in Armenia to total nearly AMD 3 billion in 2015

ProCredit Bank makes surprise offer to its customers - Holiday Deposit

Gagik Tsarukyan to call a meeting for opposition political parties, organizations and movements

Armenian National Congress: "Latest financial crisis is one more reason to shift power in Armenia"

George Clooney's wife to represent Amenia at ECHR

Seyran Ohanyan: After downing Armenian helicopter, Azerbaijan received incommensurate retaliation from Armenia

Aram Sarsgsyan: Armenia's accession to Customs Union will stimulate construction of railway to Iran

  • by Marianna Mkrtchyan

  • Tuesday, October 1, 16:24

By accessing the Customs Union Armenia will get an opportunity to implement serious investment programs to achieve the high-level integration of the Customs Union member-countries, Aram Sargsyan, Leader of the Democratic Party of Armenia told ArmInfo.

He said that the projects to be implemented in Armenia are already known unlike the projects of the Association with the EU. 

"At present, Armenia needs a railway that would link Europe to Bandar Abbas Port in the Persian Gulf.  Such railway would make Armenia a transit country.

Europeans sail across 4-6 seas to deliver goods to the Persian Gulf, which is very expensive and not safe. Meanwhile, the only overland way is via Europe, Ukraine, Russia, Abkhazia, Georgia, Armenia, Iran and Bandar Abbas Port.  A Tehran-Ashkhabad railway, in turn, opens the way to the East up to the Indian Ocean," he said. Sargsyan thinks that a railway would bring Armenia very solid dividends, as Europe will become really interested in peace in the region.

Sargsyan said that Russia is ready to invest $500 million in construction of the railway to Meghri. If the project is a success, Europe and Georgia will be interested in opening the Abkhazian railway. 

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