As oil prices have gone down significantly, the consequences may go well beyond the depreciation of the Russian ruble and Russia’s economic decline. Armenian Deputy Minister of Finance, Pavel Safaryan, recently stated that some of loans previously promised by Russia, including the $270 million loan... MORE

Tbilisi and Moscow’s negotiations over the expansion of Russian Gazprom’s share of the Georgian energy market heightened the political fever in the country over the last several weeks. The negotiations that started largely in secrecy in September 2015 (see EDM, October 21, 2015), have continued... MORE

In Yerevan, on December 23, the energy ministers of Armenia, Georgia, and Iran as well as the chief executive of the Rosseti joint-stock company, which manages Russia’s power distribution grids, signed a memorandum on cooperation in the energy sphere. According to the Armenian Ministry of... MORE

“ ‘All progressive humanity’ is concerned by the periodic reports about the disappearance of this or that type of plant or animal, [but] we are much less concerned about the disappearance of nations and nationalities,” Armenian expert Gevork Pogosyan says. Yet, as the post-Soviet period... MORE

The November 24 downing of the Russian Su-24 bomber by the Turkish air force has resulted in a serious deterioration in bilateral relations and the deployment of additional Russian units to Syria (see EDM, November 30, December 3), as well as an upsurge in anti-Turkish... MORE

On November 9, Russia’s Minister of Foreign Affairs Sergei Lavrov traveled to Armenia. The visit was agreed upon shortly before. The next day, President Vladimir Putin ordered the government of Russia to start negotiations with Armenia on establishing a joint regional air defense system (Pravo.gov.ru,... MORE

As part of a regional visit, the co-chairs (representatives of the United States, France and Russia) of the Organization for Security and Cooperation in Europe’s Minsk Group visited the Armenian capital of Yerevan on October 26. The next day, they traveled to Karabakh and met... MORE

The wider South Caucasus region is conspicuously located between the battlefields of Syria and the Caspian Sea. Therefore, Russia’s use of cruise missiles, launched (on October 7) by ships belonging to its Caspian Flotilla, to hit targets in Syria had inadvertently put the region briefly... MORE

On September 30, the Russian firm RAO UES International and Tashir Group—a Moscow-based group of companies controlled by a Russian billionaire of Armenian origin, Samvel Karapetyan—announced the signing of an agreement pertaining to the sale of Electric Networks of Armenia (ENA), which is owned by... MORE

On September 17, Armenia’s Energy Minister Yervand Zakharyan told journalists in Yerevan that the government’s final decision about RAO UES International’s intention to sell 100 percent of the shares of Electric Networks of Armenia (ENA) should be expected within one week (Armenpress.am, September 17). By... MORE