Author: Emil Lazarian

 10:00,

YEREVAN, MAY 25, ARMENPRESS. Inter Milan have won their 9th Coppa Italia after beating Fiotentina 2:1. This is Inter's second consecutive Coppa Italia. 

Lautaro Martinez scored twice in the match. 

Fiorentina opened the scoring at Stadio Olimpico after just three minutes when Nico Gonzales drilled in a cross.

Lautaro Martinez equalised in the 29th minute.

He scored the winner eight minutes later.

Inter’s Mkhitaryan didn’t play due to a trauma.

Fiorentina face West Ham in the Europa Conference League final on 7 June, while Inter play Manchester City in the Champions League final on 10 June, the BBC reported.

 01:28,

YEREVAN, MAY 25, ARMENPRESS. Prime Minister Nikol Pashinyan and his wife Anna Hakobyan have arrived in Russia.

They were welcomed at Moscow’s Vnukovo airport by Russian Deputy Foreign Minister Mikhail Galuzin and other officials.

The Armenian Prime Minister will participate in the Supreme Eurasian Economic Council meeting on May 25, the Prime Minister’s Office reported.

During the visit PM Pashinyan will have a meeting with Russian President Vladimir Putin. A separate trilateral meeting with Putin and Azerbaijani President Ilham Aliyev is also scheduled.

 11:16,

YEREVAN, MAY 25, ARMENPRESS. Deputy Foreign Minister of Armenia Vahe Gevorgyan has met with International Committee of the Red Cross (ICRC) President Mirjana Spoljaric Egger in New York City.

The humanitarian crisis situation in Nagorno Karabakh resulting from the blockade of the Lachin Corridor and details on the ICRC efforts were discussed, the foreign ministry said in a readout.

Gevorgyan spoke about Azerbaijan’s disregard for its international obligations and international humanitarian law and human rights norms, including the illegal installation of a checkpoint on Lachin Corridor in gross violation of the International Court of Justice February 22 ruling. In this context, the Deputy FM attached importance to the ICRC’s active involvement in addressing the existing humanitarian challenges in Nagorno Karabakh and the need for ensuring unimpeded humanitarian access.

Emphasizing the imperative for speedy release and repatriation of the Armenian prisoners of war and civilians held captive in Azerbaijan, Deputy FM Gevorgyan appreciated the activities of the ICRC, among others, in the direction of ensuring the implementation of norms of international humanitarian law.

Lachin Corridor – the only road linking Nagorno Karabakh with Armenia and the rest of the world – has been blocked by Azerbaijan since 12 December 2022. The United Nations’ highest court – the International Court of Justice (ICJ) – ordered Azerbaijan on 22 February 2023 to “take all steps at its disposal” to ensure unimpeded movement of persons, vehicles and cargo along the Lachin Corridor in both directions. Azerbaijan has so far ignored the order.

 11:51,

YEREVAN, MAY 25, ARMENPRESS. The 2023 European Connectivity Summit – Connecting the Unconnected: Europe & Beyond will take place on June 6-7 in Yerevan.

The purpose of the summit is to bring together experts and stakeholder organizations from around the world to find solutions to ensure internet access in remote areas.

Details on the event are available in the preliminary agenda.

Community network practitioners in Europe will be coming together for the first time since 2019 to exchange experiences and share discussions.

Registration for participants is .

https://armenpress.am/eng/news/1111738.html?fbclid=IwAR3BS6-_qGtZwAcOoLTOVC8YrQaNMff-giGyRJsVBleY6Wt4A1LyZnZd4qM

 17:15,

YEREVAN, 23 MAY, ARMENPRESS. The Central Bank of Armenia informs “Armenpress” that today, 23 May, USD exchange rate down by 0.66 drams to 386.25 drams. EUR exchange rate down by 2.42 drams to 416.22 drams. Russian Ruble exchange rate down by 0.02 drams to 4.82 drams. GBP exchange rate down by 3.29 drams to 478.37 drams.

The Central Bank has set the following prices for precious metals.

Gold price up by 66.42 drams to 24467.63 drams. Silver price up by 1.85 drams to 296.17 drams.

 09:33,

YEREVAN, MAY 24, ARMENPRESS. The Armenian-Czech relations are on a high level and the recent trip by Prime Minister Nikol Pashinyan’s delegation to the Czech Republic was an additional opportunity to present investment possibilities.

“We comprehensively presented to Czech businessmen Armenia’s investment opportunities, the modernized programs, and the Armenian businesses were able to find partners,” Deputy Minister of Economy Narek Teryan, who was a member of the delegation, told ARMENPRESS.

The Armenia-Czech Republic Intergovernmental Economic Conference and a Business Forum were held in Prague during the Armenian PM’s visit in early May.

“Our relations with the Czech Republic are rapidly developing. Trade turnover volume grew last year. This trend is maintained this year as well. These events are a good foundation for our businessmen to be able to communicate with Czech businessmen and find new directions of cooperation,” Teryan added.

The Armenian and Czech businesses reached partnership agreements during their meetings.

Cooperation opportunities are being outlined in light aircraft production, textile and renewable energy.

Czech businessmen will soon visit Armenia to study opportunities for partnership and production.

“Czech businessmen will visit Armenia. As it was mentioned before, a Czech company is interested in light aircraft production in Armenia. The production is planned to take place in Lori province. The production pertains to small aircraft with up to 6 seats,” the deputy minister added, noting that the Czech businesses are also interested in solar panel production.

Teryan attached importance to foreign investments for economic development of the country and said that the government is contributing to the improvement of the investment environment through various programs and events.

[see video]

Anna Gziryan

 10:15,

YEREVAN, MAY 24, ARMENPRESS. The United States is considering the possibility of building “small modular nuclear reactors” in several Eurasian countries, including Armenia, to strengthen energy independence from both Russia and China, a senior State Department official has said.

“In a number of countries, including Armenia, we are assessing the feasibility of small modular nuclear reactors built with U.S. technology that could facilitate greater energy independence from both Russia and the PRC,” Maria A. Longi, Coordinator of the Department of State’s Office of the Coordinator for U.S. Assistance to Europe, Eurasia, and Central Asia said at a Subcommittee Hearing in the House Foreign Affairs Committee.

She didn’t elaborate.

 13:15,

YEREVAN, MAY 24, ARMENPRESS. Armenian President Vahagn Khachaturyan has participated in the reception and gala dinner served on behalf of Emir of the State of Qatar Sheikh Tamim bin Hamad Al Thani.

President Khachaturyan is in Qatar on a visit from May 23 to 25 for the Qatar Economic Forum. 

The Armenian President had a meeting with Emir of the State of Qatar Sheikh Tamim bin Hamad Al Thani on May 23.

 11:39,

YEREVAN, MAY 24, ARMENPRESS. Orion Worldwide Innovations will collaborate with the Ministry of Economy of Armenia to organize the Orion Summit 2023 investment summit, which will take place in New York City from June 19-22. 

The official opening of the summit will be performed by Emma Arakelyan, CEO & Founder of Orion Worldwide Innovations, and Diana Arzumanyan, CEO & Co-Founder of Orion Worldwide Innovations Armenia. Vahan Kerobyan, the Minister of Economy of the Republic of Armenia, will deliver the opening speech. The keynote speakers of the summit are Renee Nalbandyan, Director, Global Strategic & Sustainable Investments at Bank of America, and Karl Douglas, Chief Investment Officer & Founding Partner of Covenant Venture Capital. 

During Orion Summit 2023, Enterprise Armenia will make a presentation on Armenia's investment attractiveness as well as introduce a number of investment projects.

"We highly appreciate the government's efforts to strengthen Armenia's position as an investment-friendly and promising country, as well as to encourage investments in startups and innovation. For our part, we constantly present proposals to the government and the private sector in order to develop the Armenian investment field in line with advanced regulations," said Emma Arakelyan, CEO & Founder of Orion Worldwide Innovations and Venture Partner of Covenant Venture Capital. 

"The participation of the government and leading companies in the summit will significantly increase the interest of venture companies in Armenia and Armenian startups and strengthen our position in the work with international investment companies, venture funds, and angel investors," said Diana Arzumanyan, CEO & Co-Founder of Orion Worldwide Innovations Armenia. 

“Today, economies that are more flexible and invest in innovative sectors are globally competitive. The Ministry of Economy of Armenia has created a favourable environment for technology firms, constantly improves the legal framework, and promotes business ties. Orion Summit 2023 will be an ideal platform for startups and investors to meet and for creating new business ties,” said Vahan Kerobyan, the Minister of Economy of the Republic of Armenia. 

Registration to participate at the summit is available through the official website. Orion Summit 2023 will last four days. The summit will include meetings and discussions about innovations and investments, visits to Covenant Venture Capital, One World Trade Center, the Harvard Club, and the Jacobs Technion-Cornell Institute at Cornell Tech. 

About Orion:

Orion Worldwide Innovations, is a startup growth and ecosystem acceleration hub and offers a full-service package to make companies investable and enter the US market, enhance their customer acquisition strategies, stay competitive, and protect their innovation. Orion is a U.S.-based company that was formed in 2017, with offices in New York City, U.S., and Yerevan, Armenia, though Orion partners with companies and investor networks worldwide.