Category: 2023

 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.

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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.

 10:01,

YEREVAN, MAY 24, ARMENPRESS. The International Society of Pediatric Oncology SIOP Asia 2023 XV Congress in Yerevan has concluded.

SIOP President Guillermo Chantada said at the end of the event that the congress held in Armenia in May is the most successful congress he has participated in. He praised the organizers for taking into account every detail and that all conditions were ensured for participants.

Over 500 doctors, scientists and experts from the US, China, Japan, Russia, India, France, Germany, Italy, Netherlands, Belgium, Spain, Lebanon, Great Britain, Greece, Czech Republic, Sweden, Lithuania and other countries participated in the SIOP Asia 2023 XV Congress in Yerevan.

They were all united by the joint struggle against pediatric cancer and mission to save lives, desire to share modern treatment options and develop the sector.

Prospects of cooperation with many organizations were discussed. Many experts said they’d want to continue the treatment of their patients in Armenia and deepen partnership. Participants will be given 24 CPD credits by the European Accreditation Council for Continuing Medical Education – EACCME.

The congress featured a Survivorship Symposium, Cancer Predisposition Symposium and Immuno-Oncology Symposium, Psychosocial Symposium, Registry symposium, Surgical Treatment Symposium and Radiotherapy Symposium.

During the opening ceremony, renowned pediatric oncologist Lawrence Faulkner was bestowed with the Honorary Doctor title by the Yerevan State Medical University. The allogeneic stem cell transplant treatment option has been introduced in Armenia with Faulkner’s support.

 11:10,

YEREVAN, MAY 24, ARMENPRESS. The United States put forward a number of proposals to Armenia and Azerbaijan during their foreign ministerial talks in Washington in early May, a senior State Department official has said.

“The peace process is moving forward. The secretary hosted the two foreign ministers in early May to work through some of the most contentious issues including, for example, the distancing of forces along the border, dispute resolution mechanism in the treaty that we are trying to facilitate agreement on, the rights and security of the ethnic Armenians in Nagorno Karabagh. These are a lot of the issues that we were working through,” Principal Deputy Assistant Secretary in the Bureau of European and Eurasian Affairs at the U.S. State Department Dereck Hogan said at a Subcommittee Hearing in the House Foreign Affairs Committee.

He added that the U.S. has offered proposals to Armenia and Azerbaijan.

“We put forward a number of proposals that gave the two sides perhaps some bridging language there. So they’ve been taking that back and studying it. Since then we have been working very closely with the European Union. Charles Michel hosted the leaders actually in Brussels just a couple of weeks after we hosted the foreign ministers and then they will be meeting again, the two leaders, the Azerbaijani and the Armenian leaders with the Chancellor of Germany, the President of France as well as the President of the EU Charles Michel to again focus on what needs to be done to actually get this across to finish line. We still have a long way to go and I want to come to Lachin corridor. That’s something that the secretary, that’s something we’ve been pushing very hard on, particularly when it comes to the opening up to the commercial, as well as private vehicles,” Hogan added.

 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.

 13:21,

YEREVAN, MAY 24, ARMENPRESS. Armenia International Airports CEO Marcelo Wende and General Manager Sergey Avetisyan have met with China Southern Airlines representatives led by the airline’s Vice Chairman Gan Zhiang. 

Opportunities for launching direct flights from China to Armenia were discussed.

The Armenia International Airports executives expressed readiness to support the servicing of the flights.

 13:24,

YEREVAN, MAY 24, ARMENPRESS. Borussia Mönchengladbach have completed the signing of Grant-Leon Ranos from FC Bayern München. The 19-year-old forward of the Armenian national team will join the Foals on a free in the summer and has signed a contract until 2027, the club’s press service announced.

“Grant-Leon is a very interesting and talented player, who can play both as a number 9 and in attacking midfield,” said Borussia Mönchengladbach sporting director Roland Virkus.

“He has had a very impressive season in the Regionalliga and wants to prove himself at a higher level with us, and we will help him do that.”

Ranos featured for the Bayern U23s this season, registering 20 goals and twelve assists in the Regionalliga Bayern – his tally of 33 goal involvements is a league high with just one matchday remaining. He also played twice for FCB’s U19s in the UEFA Youth League (1 goal). Ranos, who was born in Gehrden in Germany, made his debut for the Armenia senior national team in March, netting two goals against Cyprus.

“I’m thrilled to become part of this great club. It’s a big step in my career and one I will approach full of motivation and commitment,” said Ranos upon signing his contract. “Roland Virkus showed a lot of interest in me and has certainly sold me on Borussia’s path. I want to pay back that faith, prove myself in training and in games, work hard and quickly find my place in the team.”