Newsfeed

This year's Viktor Ambartsumian International Prize to be awarded in Yerevan Sept 17

Levon Zurabyan: By regularly changing its Constitution, Armenia is beginning to resemble "banana republics"

A member of the parliament from ARFD calls to listen to the viewpoint of the 124 year old party and take part in the constitutional reforms

2,000-year-old frescoes found in territory of Greater Armenia

Ruben Hakobyan voices the conditions in case of which Heritage party will support Constitutional reforms

Archeologists find an old tomb of a high-class man on the side of Mount Aragats

Seyran Ohanyan: The countersabotage systems set at the borders of Armenia and Karabakh

OSCE MG U.S. Co-Chair: A big window has emerged in the Karabakh peace process

Eduard Sharmazanov: World community must strongly condemn destruction of Armenian cultural and historical heritage in Turkey and Azerbaijan

President of Armenia promises with a problem of citizens deceived by Tonus company and respond in two days

Head of Armenian Parliament's Committee for State and Legal Affairs to present Karabakh frontier guards with night vision devices

Edward Sharmazanov: Anakara's inefficiency is a linchpin in the matter of ensuring security in Europe

Edward Sharmazanov: Azerbaijani provocations imperil stability of the entire Black Sea region

ECHR demands explanations from Baku over refusal to repatriate body of Armenian captive Karen Petrosyan

Russian expert: The resolution of the Basque Provinces is a logical continuation of the lobbyist line on recognition of the statehood of Nagornyy Karabakh

Giorgi Gvimradze: Russia's fate hangs in the balance in Ukraine

Replenishment of authorized capital to allow Anelik Bank to multiply its achievements and launch more ambitious projects

Ashot Manucharyan: Neither the West nor the OSCE Minsk Group can settle the Nagorno-Karabakh conflict

MP from Prosperous Armenia Party slums his colleagues from Republican Party for dissimulation and inconstancy

Parliament member: Prosperous Armenia Party goes to the regular election, but is ready to any force-major situations

Seven media organizations condemn attack on female reporter by Armenian Parliament's Security Head

Seyran Ohanyan: All persons responsible for omissions in military units will be severely punished

Latest models of Lenovo mobile phones are now available at VivaCell-MTS service centers

Seyran Ohanyan: Hakob Injighulyan, an Armenian captive who was handed over by Azerbaijan to a third country, is willing to return to Armenia

Levon Zurabyan: For the first time Prosperous Armenia Party says retention of power by incumbent authorities inadmissible

Gipuzkoa Province (Spain) President recognizes Nagorno-Karabakh Republic

HIGH FEST International Performing Arts Festival to kick off on 1 October

NSW Legislative Council adopts motion, adding its voice to international condemnation of Azerbaijan on its aggression directed towards Republic of Nagorno-Karabakh and Republic of Armenia

Armenian DM: Armenia and Nagorno-Karabakh will not accept one-sided concessions in Nagorno-Karabakh peace process

Seyran Ohanyan visits army unit where a soldier committed suicide lately

Yerevan Brewery fined $1.5mln

VivaCell-MTS and Synopsys Armenia continue successful cooperation with the European Regional Academy to provide Armenia with industry ready graduates

US Embassy urges Armenian businessmen to refrain from contacts with Russian companies

  • by Arthur Yernjakyan

  • Thursday, July 31, 15:36

The Embassy of the United States in Armenia has sent Armenian businessmen messages urging them to refrain from contacts with Russian companies as this implies additional reputational risks, President of the Union of Manufacturers and Businessmen of Armenia Arsen Kazaryan told journalists on Thursday.

He said that such messages are being distributed all over the world.  "Let's not panic. I don't think our companies will suffer in any way.  Our subsidiaries of Russian banks cannot be affected by the sanctions as they are separate legal entities, earning money and paying taxes in the territory of Armenia. Our businessmen have not frozen their plans, are not worried about the sanctions and continue working as usually," Kazaryan said, noting that Armenia is interested in improved relations between the world community and Russia.

In its message the US Embassy calls on all companies to consider the reputational risks they may face as a result of joint business with sanctioned physical and legal entities from Russia and to stop any contacts that are contrary to the sanctions imposed by the United States and other countries. The Embassy warns that non-Russian companies may also face sanctions if they provide material support to sanctioned companies and individuals.

Send to a friend

To (e-mail)


Your name


Message


Comments

View comments (0)
  • READ ALL COMMENTS
  • POST A COMMENT

Be first to comment on this article

* Indicates required fields
Classifieds

Help in searching for missing rare breed dog "malamute".

A. Shiboyan asked the Arminfo Editorial to help her in searching for her missing rare breed dog "malamute".