Armenian, Georgian PMs inaugurate new border bridge

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 14:52,

YEREVAN, AUGUST 19, ARMENPRESS. The new bridge at the Bagratashen-Sadakhlo border crossing point of the Armenian-Georgian state border was officially inaugurated on August 19.

Prime Minister Nikol Pashinyan of Armenia and Prime Minister Irakli Garibashvili of Georgia inaugurated the Friendship Bridge.

Photos by Mkhitar Khachatryan

In statements to the press, the prime ministers congratulated each other on the occasion of launching the bridge signaling the Armenian-Georgian close collegial partnership and comprehensive cooperation.

“Undoubtedly, the centuries-old relations between our two friendly countries anchored on common values and historic heritage have the need of such modern infrastructure, which creates solid foundation for our future comprehensive cooperation. I am more than convinced that today all necessary prerequisites exist for the development and deepening of relations with brotherly Georgia, in line with the important priorities of Armenia’s foreign policy,” Pashinyan said.

He added that despite the current conditions of difficult challenges a noticeable growth in trade was recorded between Armenia and Georgia, which is a result of joint, uninterrupted and consistent work.

“Nevertheless the Armenian-Georgian trade-economic relations have greater potential. There are serious opportunities for deepening cooperation in industry, agriculture, pharmaceuticals, information and communication, transport, energy, tourism and other sectors. It is obvious that connection routes have key significance for developing trade relations, which enable to integrate into the world economy and ensure vital connection on the national, regional and international levels. The priority of the transport sector in our bilateral cooperation and partnership in several international transport organizations enable us to take realistic steps not only in the Persian Gulf-Black Sea International Transport Corridor but also other initiatives ensuring nodal connection in the transport sector,” the Armenian PM said.

Speaking about cargo shipments, the Armenian PM said it is necessary to make additional efforts to provide more facilitated movement of the freights. In this context he noted the importance of railway transport and multimodal transport, namely ferry transport.

“As a transit country Georgia has great role for Armenia in terms of reliable supply of energy resources, connection and communication. We have big experience in productive cooperation in energy. Relevant ministries and bodies must carry out every-day and consistent work in direction of ensuring cybersecurity and the abovementioned areas.”

Karabakh’s Aghavno left with no electricity or means of communication

PanARMENIAN
Armenia – Aug 19 2022

PanARMENIAN.Net – The lights of the houses in the Nagorno-Karabakh village of Aghavno are going out one by one ahead of an expected final evacuation on August 25.

The village has been deprived of electricity and all means of communication since Auguat 18, the Armenian service of RFE/RL reports.

Most of the women and children of the settlement have moved to the town of Goris in Armenia’s Syunik province.

Amid fresh fighting around Nagorno-Karabakh earlier this month, the authorities in Stepanakert said that the Azerbaijani side, through Russian peacekeepers, demanded that a new connection be organized between Nagorno-Karabakh and Armenia along a new route.

The Lachin corridor currently used as connection between Armenia and Karabakh was supposed to serve its purpose at least until the fall of 2023, but Azerbaijan built a new road and demanded that the corridor be moved now.

At least three residents of Aghavno have burned down their houses before evacuation.

Nagorno-Karabakh’s authorities informed the few remaining Armenian residents of the town of Berdzor and the villages of Aghavno and Sus that are situated along the current Lachin corridor that no Russian peacekeepers will be left in the territory after August 25 and, therefore, they needed to leave their homes before the end of the month. However, a top Russian diplomat has said that the peacekeepers were not going to move an inch.

RFE/RL Armenia Report – 08/18/2022

                                        Thursday, 
Armenia Mulls Opening Checkpoints At Azerbaijan Border
        • Astghik Bedevian
An Armenian checkpoint along the Vardenis-Sotk road set up after the 2020 war 
with Azerbaijan over Nagorno-Karabakh (file photo).
Armenia considers the possibility of opening several checkpoints along its state 
border with Azerbaijan, according to a draft decision circulated by the 
country’s National Security Service.
Under the draft published on e-draft.am, a single website for the publication of 
legal acts, it is proposed that the number of checkpoints for the crossing of 
the border by car be increased.
In particular, it suggests opening border crossings at three points along the 
Armenian-Azerbaijani state border, in particular near the villages of Sotk and 
Karahunj in the Gegharkunik and Syunik provinces in the direction of the border 
with Azerbaijan in the east and near the village of Yeraskh in the direction of 
the border with Azerbaijan in the west.
As a justification for the decision the draft cites the need to fulfill the 
instructions given by Prime Minister Nikol Pashinian at a government meeting on 
August 4. Pashinian then, in particular, said that Armenia is ready to ensure a 
link between Azerbaijan and its western exclave of Nakhichevan through its 
territory provided it maintains sovereignty over the roads.
If the decision is adopted by the government, the director of the National 
Security Service will have to ensure the adoption of a corresponding legal act 
within two weeks to guarantee the safety of the movement of people, goods and 
vehicles through the new checkpoints. However, the draft does not specify what 
customs regulations will apply.
The tripartite Armenian-Azerbaijani-Russian commission for unblocking regional 
transport routes has not made any public announcement about any final agreement 
reached regarding the opening of the roads.
Neither the office of Deputy Prime Minister Mher Grigorian, who is negotiating 
with the Azerbaijani side issues related to regional unblocking, nor the Foreign 
Ministry were available for comment immediately.
Representatives of Armenia’s opposition also refrained from commenting on the 
draft decision.
Areg Kochinian, an expert on military and political issues, said that he 
believes that with this step Armenia is trying to show some proactivity in order 
to neutralize Azerbaijan’s claims about opening what Baku calls the “Zangezur 
Corridor,” implying that the road to Nakhichevan should have some kind of 
extraterritorial status.
Yet, the Armenian expert cast doubt over the effectiveness of such a move.
“I don't think that this is a serious attempt to neutralize it, because this 
attempt itself does not in any way eliminate or solve the existing problems 
related to the positions of Azerbaijan, Turkey and Russia,” Kochinian told 
RFE/RL’s Armenian Service.
“In fact, there is a demand from Russia in the form of a Russian corridor and a 
demand from Turkey and Azerbaijan in the form of a Turkish-Azerbaijani corridor. 
If this is Armenia’s attempt to avoid the corridor logic, then it is not a 
serious attempt to say the least,” he added.
The draft has been placed on e-draft.am for public discussions for the next two 
weeks until September 2. It is not clear when it may appear on the government’s 
agenda.
U.S. ‘Still Working’ With Armenia, Azerbaijan For ‘Comprehensive Long-Term’ Peace
U.S. State Department spokesman Ned Price (file photo).
The United States continues to work with Armenia and Azerbaijan and still sees 
an opportunity of comprehensive long-term peace between the two nations, Ned 
Price, a spokesperson for the Department of State, said during a weekly press 
briefing in Washington on Wednesday.
Asked by a reporter about whether the U.S. remained optimistic about peace 
prospects in the region after the latest escalation in Nagorno-Karabakh in early 
August, Price said: “We are still working to do what we can to facilitate what 
we hope to see, and that is a comprehensive long-term peace between Armenia and 
Azerbaijan. You know that Secretary [of State Antony] Blinken recently had an 
opportunity to engage with the leaders of these countries. We did so, 
registering our deep concern about the recent fighting in and around 
Nagorno-Karabakh, including the casualties and the loss of life that had 
resulted from that.”
The spokesman for the Department of State said that Washington urged “immediate 
steps to reduce tensions and to avoid further escalations between the parties.”
“And the recent increase in tensions underscores, we believe, the need for a 
negotiated, comprehensive, and sustainable settlement of all remaining issues 
related to or resulting from the Nagorno-Karabakh conflict. So while we’ve seen 
an intensification of tensions resulting in some violence, we are going to 
remain committed to working with the parties. We will continue to do so 
bilaterally, but also with likeminded partners in the EU and through our role as 
an OSCE Minsk co-chair to help the countries find that long-term comprehensive 
peace,” Price added.
Asked by the reporter whether Washington still saw the same level of “historic 
opportunities” as three weeks ago and “how much it has faded away”, Price said: 
“We absolutely still see an opportunity here despite the setbacks. We always 
recognized this was never going to be a linear process. We believe that through 
continued dialogue, continued engagement, including at the senior levels, we 
will be in a position to do everything we can to help advance that long-term 
comprehensive peace.”
U.S. Secretary of State Antony Blinken called for continued dialogue between 
Armenia and Azerbaijan as he phoned the leaders of the two states on August 5 to 
discuss the latest upsurge in violence in Nagorno-Karabakh in which at least two 
Armenian and one Azerbaijani soldiers were killed.
Days before that escalation, on July 25, Blinken also held phone calls with 
Prime Minister Nikol Pashinian, of Armenia, and President Ilham Aliyev, of 
Azerbaijan, after which he said that he saw a “historic opportunity to achieve 
peace in the region.”
Armenian Authorities See No Evidence Of Terrorism In Yerevan Market Blast
Armenian Prime Minister Nikol Pashinian chairs a weekly cabinet meeting, August 
18, 2022.
Armenian law-enforcement authorities say they have so far found no evidence to 
suggest that the recent deadly explosion and fire at a popular market in Yerevan 
was a result of a terrorist attack.
A total of 16 people were killed and 62 others were injured when a fireworks 
warehouse within the premises of the Surmalu shopping center exploded on August 
14.
The death toll in the incident may rise to 17 as rescuers continue to search for 
one missing person presumed to have been at the epicenter of the explosion.
During a weekly cabinet meeting on Thursday Armenian Prime Minister Nikol 
Pashinian asked Argishti Kyaramian, the head of the Investigation Committee, to 
comment on whether the explosion could be a terrorist attack.
“Various theories are being considered with the framework of the criminal case,” 
Kyaramian said. “But at the moment there is no factual evidence in the case that 
would testify to a terrorist attack or other intentional crimes.”
Kyaramian added that the evidence gained so far suggested that the explosion was 
a result of negligence.
Armenia - Moments of the powerful explosion and fire at the Surmalu shopping 
center in Yerevan. August 14, 2022.
Pashinian, in his turn, said that the footage of the explosion and what 
proceeded it also suggested that there was smoke and fire before the powerful 
explosion that triggered a massive blaze in the sprawling shopping center.
The premier also reminded about his instructions after a powerful explosion at 
an ammonium nitrate warehouse in the port of Beirut in Lebanon two years ago to 
inspect all facilities in Armenia where explosive materials were stored and 
where there was a risk of similar explosions.
He said that the inspection conducted at the Surmalu shopping center in the 
spring of 2021 was part of the fulfilment of his instruction and asked the head 
of the State Supervision Service to submit a report on how his instruction was 
fulfilled in general.
Minister of Emergency Situations Armen Pambukhchian reported that the search 
operation for one missing person continued at the scene of the tragedy. He said 
that rescue workers were looking for one missing person feared to be dead, since 
that person was near the very epicenter of the explosion.
Health Minister Anahit Avanesian, meanwhile, said that most of the 62 people who 
were injured in the explosion and fire had already been discharged from 
hospitals and the few remaining patients were on their way to recovery. She 
confirmed that all current and future costs for the treatment of all injured 
persons were covered from the state budget.
Russian Diplomat Reassures Armenians Over Corridor In Karabakh
        • Sargis Harutyunyan
Men interact with a Russian peacekeeper in the town of Lachin situated along the 
corridor linking Nagorno-Karabakh with Armenia (file photo).
Russian peacekeepers “will not move a single centimeter” from the existing 
Lachin corridor until a new road linking Nagorno-Karabakh to Armenia is put into 
operation, according to a senior Russian diplomat in Yerevan.
Talking to RFE/RL’s Armenian Service on Wednesday, Maxim Seleznyov, a 
counsellor-envoy at the Russian embassy in Armenia, stressed that there are 
agreements in this regard and the parties are in direct contact over this issue. 
He did not elaborate.
Maxim Seleznyov
“Russian peacekeepers will move only at the moment when the new Lachin corridor 
is opened. The tripartite statement [from November 9, 2020] spells out the 
steps, the sequence of steps. First, the corridor is completed, and as it comes 
into operation, Russian peacekeepers take control of a five-kilometer corridor 
around this road,” Seleznyov said.
Amid fresh fighting around Nagorno-Karabakh earlier this month ethnic Armenian 
authorities in Stepanakert said that the Azerbaijani side, through Russian 
peacekeepers, demanded that a new connection be organized between 
Nagorno-Karabakh and Armenia along a new route.
Nagorno-Karabakh’s authorities informed the few remaining Armenian residents of 
the town of Berdzor and the villages of Aghavno and Sus that are situated along 
the current Lachin corridor that no Russian peacekeepers will be left in the 
territory after August 25 and, therefore, they needed to leave their homes 
before the end of the month.
Hayk Khanumian, a member of Nagorno-Karabakh’s de facto government in charge of 
territorial administration and infrastructure, in particular, said to people: 
“As you know, the existing corridor has been moved to the south, and in the 
southern direction the road in the territory of Nagorno-Karabakh is already 
ready, and in the territory of Armenia the road will be ready next year. The 
corridor will move south, so the Russian contingent will not be here after 
August 25. In this view, a necessity emerged, according to our civil defense 
plans, to discuss the issues of moving people.”
Meanwhile, the Russian diplomat stressed on Wednesday that the Russian 
peacekeepers will be redeployed only when the new road is ready.
“The Russian peacekeepers will not be deployed along the new corridor until it 
is put into operation, and there are agreements in this regard. The parties are 
in direct contact, and I assure you that the peacekeepers will not move a single 
centimeter until there is a new corridor,” Seleznyov said.
RFE/RL’s Armenian Service made inquiries from Nagorno-Karabakh’s authorities 
regarding this question and the answer received from them in fact confirms that 
the Russian peacekeepers will be redeployed to the new road “after its 
construction is completed.”
Earlier, official Yerevan said that the Armenian side would complete the 
construction of its section of the new road by next May.
During a weekly cabinet meeting in Yerevan on August 4, Armenian Prime Minister 
Nikol Pashinian said that it was necessary to sign a document in a trilateral 
format regarding both the redeployment of peacekeepers and the infrastructures 
that feed Nagorno-Karabakh. It is still unclear whether Baku has agreed to sign 
such a document.
In his remarks Pashinian also criticized the Russian peacekeeping operation in 
Nagorno-Karabakh following the most serious fighting along the line of contact 
that left two Armenian and one Azerbaijani soldiers dead.
The Armenian leader urged Russia to do more to prevent further ceasefire 
violations, charging that Baku has been stepping up such violations despite the 
presence of Russian peacekeeping troops in the region.
During a news briefing in Moscow on August 11, Ivan Nechayev, a spokesperson for 
the Russian Foreign Ministry, rejected what he described as “separate criticism” 
of Russia’s peacekeeping operation in Nagorno-Karabakh, stressing that “the 
Russian peacekeepers continue to be engaged in active work, taking necessary 
efforts for stabilization on the ground.”
Seleznyov also said that the Russian peacekeepers “are doing the maximum that 
their mandate allows.”
“One would like to see restraint on all sides: on the part of the Azerbaijani 
troops, and most importantly on the part of the Armenian public. Here in Yerevan 
and in Stepanakert everyone should know and understand that the Russian 
peacekeeping contingent is doing the maximum it can, that it is there to try to 
protect the civilian population from the horrors of war as far as possible,” the 
Russian diplomat stressed.
At the same time, Seleznyov said that Russia is ready to expand the powers of 
its peacekeeping mission in Karabakh if Yerevan and Baku agree on this issue.
Reposted on ANN/Armenian News with permission from RFE/RL
Copyright (c) 2022 Radio Free Europe / Radio Liberty, Inc.
1201 Connecticut Ave., N.W. Washington DC 20036.
  

BBC: Moment explosion rocks shopping centre in Armenia

UK – Aug 14 2022

A powerful explosion has rocked a shopping centre and caused a fire in Armenia’s capital, Yerevan.

At least three people died and over 60 were injured in the blast at the Surmalu market, local media reported.

Video shows people running as a massive plume of smoke spreads quickly following the blast.

Watch the video at the link below

Over 1400 free heart surgeries performed this year through life-saving Stent for Life program

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 09:40, 9 August 2022

YEREVAN, AUGUST 8, ARMENPRESS. Over 1400 heart surgeries have been performed in Armenia this year as part of the life-saving Stent For Life service within the framework of the government-funded free healthcare.

The Stent for Life program is being carried out since 2015.

The Director of Cardiology & Cardiovascular Surgery Services at the Erebuni Medical Center of Yerevan Hamlet Hayrapetyan said they have performed the heart surgeries on an average of 2000-2200 people every year since 2015.

Hayrapetyan says the program resulted in a decrease of cardiac arrest-related deaths in the recent years (cardiac arrest deaths were 8,4% in 2015, and 3,9% in 2021).

In 2018, the program was expanded and coverage was also extended to people who don’t have ST elevation.

Many patients seek free stent placement surgeries, but specifically the Stent for Life program has concrete criteria, such as a time period of 12 hours in between the onset of the disease and admission to hospital, heart muscle elevation and others.

Around 14,000 surgeries were performed in total.

When the program was launched in 2015, the budget was 950 million drams, whereas in 2022 the government allocated 1 billion 650 million drams.

The program is done in 13 hospitals, 3 of which in provinces.

Gayane Gaboyan




Historical and cultural monuments are evacuated from Berdzor, Aghavno and Nerkin Sus

NEWS.am
Aug 10 2022

Khachkar, dedicated to the victims of the Genocide, is removed from the territory adjacent to the Holy Ascension Church in Berdzor, Deputy Minister Lernik Hovhannisyan told Artsakh Public Television, adding that if the monuments remain under Azerbaijan’s control, they will be destroyed. “Back in February 2021, in the courtyard of Tsakhkavank Church in Tsakuri village of Hadrut region, the President of Azerbaijan clearly stated that the monuments that have been erected for thirty years are to be destroyed. He also said that all Armenian monuments must be written off,” he said. Most of the monuments evacuated from Berdzor, Aghavno and Sus will be in the yards of other churches. The martyrs’ memorials on the grounds of the Church of Holy Martyrs in Aghavno will be evacuated and moved to the “Yerablur” military pantheon.

The situation in Artsakh heated up from August 1. The Artsakh Republic President Arayik Harutyunyan stated at the meeting of the Security Council convened on August 2 that Azerbaijan through peacekeepers demanded to set up the corridor connecting Artsakh with Armenia by a new route. The next day the Azerbaijani side roughly violated the ceasefire regime and opened fire at the combat positions of the Defense Forces and the permanent deployment of one of the military units with the use of mortars, grenade launchers and assault rifles. On the Armenian side 2 casualties and 19 wounded. Already on August 5 the Minister of Territorial Administration and Infrastructure of Artsakh Hayk Khanumyan stated to the habitants of Aghavno and Berdzor that they should leave their houses till August 25.

It should be mentioned that point 6 of the trilateral statement of 9 November 2020 says that in three years’ time a new alternative road will be built to connect Artsakh with Armenia. Armenian Minister of Territorial Administration and Infrastructure Gnel Sanosyan said on August 4 that the work on the construction of the Lachin corridor alternative road has already begun and will be completed by spring. Azerbaijan has built a 30-kilometer section of the road, which should connect with the road built by the Armenian side. Russian peacekeepers will be stationed on a 5-kilometer section of the new route.

South Korean social gaming app Zepeto willing to include Armenia in virtual platform

South Korean virtual social app ZEPETO willing to include Armenia in virtual platform

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 10:04, 2 August 2022

YEREVAN, AUGUST 2, ARMENPRESS. South Korea’s Naver Z, a Naver Group subsidiary that runs the 3D-avatar app ZEPETO expressed readiness to cooperate with Armenia and include the country’s tourism hotspots in the program.

As part of a media tour organized by the Korean Culture and Information Service, ARMENPRESS’s Editor-in-Chief Shant Khlghatyan met with Iris Son, Global Business Development Manager of Nazer Z.

Son said that ZEPETO is their company’s most popular app. The company is receiving funding from both the South Korean government and private companies.

ZEPETO provides a blend of entertainment, gaming, and social networking experiences. It lets users render their selfies in 3D avatars, design digital spaces and interact with others.

“ZEPETO is a platform in virtual reality where people can meet one another. People can create their avatar and the environment which is convenient for them. Most of our users are 13-22 years old. Most are young females. This is an unusual phenomenon for the gaming and ICT area. 90% of the users are from abroad. This is very surprising. We call them global users. They are mainly from Asian countries, Indonesia, Thailand, but we also have users from France, Brazil and elsewhere,” Son said.

Most Korean users of the app are from various age groups, unlike foreign users. Iris Son explains this by saying that Naver Z is a major global company and therefore Koreans trust the services offered by the company.

There are ZEPETO users in Armenia too, albeit few.

The company is cooperating with the Korean government. Son said that they have cooperated with the South Korean Tourism Agency: Before working together, they conducted a survey to reveal the top tourism destination of foreigners in South Korea, and the result was Hangang Park in Seoul. And based on this, ZEPETO created the park in virtual reality.

“Therefore I hope that we can also cooperate with Armenia. You have beautiful places and we’d like them to be included in our app. And then we can enjoy Armenia’s sights from our homes. Actually, many people were feeling lonely due to the coronavirus, and human contacts in the metaverse system has unlimited potential, and that’s why people can feel and do things which they are unable to in real life,” Son said.

Naver Z is also working with companies like Nike, Gucci and Samsung. “They want to know that the ZEPETO users do in virtual reality, their behavior and preferences.”

Now Naver Z is planning to create alternative worlds in virtual reality.  There are other similar platforms in the market today, and Son said they want to unite all of them so that more people have the chance to meet in alternative reality.

Photos by PENTA PRESS




ANN/Armenian News – TLG – 08/06/2022

The Literary Armenian News

What Is?

 

Marvelous

Metronomed

Silent but traceable

Ahead of its emotions calling

Pushing for growth without panic

A recipe discarded

A new one forged in retrospect

Panic

Edit mercilessly

Sink

Swim

Sigh

Read

Cross the finish line half naked,

Parched,

Still singing

Ever painting

Running shoes

 From reality

 Burning


A poem

A poem

A poem

 

 

Bedros Afeyan

Pleasanton, CA

8-5-2022


 The homepage for The Literary Armenian News is at: Armenian News.org/tlg/


Dr. Bedros Afeyan ([email protected]) is the editor of The Literary Armenian News (TLG), and will consider works not only of poetry, but also in the area of short fiction. Quality of language, excellence of translation, quality of song and images are all crucial to the aesthetic value of any work up for consideration.
Please note the following important guidelines:
  • All submissions to TLG MUST be sent to Armenian [email protected] and [email protected]. No others will be considered.
  • With your submission include a short bio about the author;
  • Submissions may not be anonymous, but at the author’s request we may use their pen-name and/or withhold their Email address for purposes of privacy;
  • Submissions which have not yet been selected will continue to receive consideration for following issues;
  • In art, selection is necessarily a judgement call. As such, we will not argue why a particular submission was or was not selected;
  • There is no guarantee or promise that a submission will be published.
  • The Week in Review Podcasts
  • The Critical Corner
  • The Literary Armenian News
  • Review & Outlook
  • Probing the Photographic Record
  • Armenia House Museums
  • ..and much more

© Copyright 2022, Armenian News Network / Armenian News, all rights reserved.

Regards,
Armenian News Network / Armenian News
Los Angeles, CA     / USA

No violations recorded in the zone of responsibility of Russian peacekeepers – MoD Russia

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 21:32, 5 August 2022

YEREVAN, AUGUST 5, ARMENPRESS. The Russian peacekeeping contingent continues to fulfill its tasks in Nagorno-Karabakh, ARMENPRESS reports the Ministry of Defense of the Russian Federation said.

During the past day, no violations of the ceasefire regime were recorded in the zone of responsibility of the Russian peacekeeping troops.

Seaside Startup Summit announces launch of TripleS Venture capital firm

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 13:36, 3 August 2022

YEREVAN, AUGUST 3, ARMENPRESS. From the world’s first seaside startup camp to a global venture fund. 

A prominent entertainment executive, philanthropist, and entrepreneur Artur Janibekyan, along with the co-founders of “Seaside Startup Summit” – Hakob Hakobyan and Avag Simonyan, have founded a new international Venture Capital firm called Triple S Ventures. 

Triple S has decided to engage more actively in Armenia and abroad. It targets startups in the Pre-seed or Seed stages and plans to focus its investments across AI and Blockchain technologies, creator economy, SaaS platforms and Fintech.

The founder of TripleS Ventures Artur Janibekyan has invested in over 15 startups in recent years and has a big interest in the development of the innovative startup culture.

“There is a great potential not only in Armenia but also among Armenian youth that is spread all over the world. We aim to find these striking young minds and help them with funds and our network of mentors and professionals. TripleS is a structure that will be their guiding hand in the entrepreneurship world.

My extensive experience in the Media world has proven that I have a refined skill and intuition in choosing people – human resources. I consider this one of the keys to my success as well. This is a small start of something grand and is an accumulated potential of talented people, a club of successful entrepreneurs who invest their money in innovative ideas”, said General Partner Artur Janibekyan.

Triple S is a group of international entrepreneurs, investors, experts, and mentors, committed to helping the best impact-driven startup founders and ideas, by providing access to a network of partners, talent, investors, or customers and by sharing expert knowledge in the legal, marketing & finance fields. 

“We have been organizing large-scale startup events annually, including the Seaside Startup Summit. Local venture funds, angel investors, and international accelerating programs have used these events for many years as a source to haunt startuppers. During the last years, hundreds of entrepreneurs and bold minds gathered around these events and created a pipeline for us”, said GP Hakob Hakobyan. 

 “We believe that with the hyperactive drive seen across the startup ecosystem in the last 5 years, it is important for established startup players to take the lead in paving the way towards capacity building for the new startups. Our fund is most importantly looking to invest in scalable ideas and promising founders. It will support the startups that will add value to the growth of the Armenian High-Tech Ecosystem but won’t limit ourselves and will invest in any idea and a prominent team that matches our requirements,” said the managing partner Avag Simonyan.

“We brought together successful LPs in the fund, who are also a network of internationally qualified and experienced field gurus. At TripleS ventures, we want promising ideas to ride on the skills, knowledge, and expertise that we have built over the years, thus empowering them to grow at an accelerated pace,” said the venture partner Zareh Baghdasarian.

Triple S is also launching in the US- Southern California. The fund has set goals to expand its geographical targets soon, by expanding to North California. Ultimately, one of its goals is to provide expertise internationally and identify new investment opportunities by expanding to the following markets: EEU, US & the UK. The founders are planning to have larger funds in the future and are open to new partnerships and collaborations.