YEREVAN (Tert.am), March 9–The draft law on making amendments and additions to the Republic of Armenia’s Land Code was presented in today’s Standing Committee on State and Legal Affairs meeting.
“Under this draft law, the sale of border lands to juridical persons and organizations will be prohibited: they are only able to make use of the [...]

YEREVAN (ARKA), March 9–The number of tourists visiting Armenia in 2009 increased 3 percent from 2008.
According to the data published by the National Statistical Service of Armenia, the total number of tourists who visited the country in this period reached  575,300 people, up from 558,400 in 2008.
At the same time, as indicated by the statistics, over [...]

(Agence France-Presse), March 5–Turkey’s Parliament on Thursday ratified an accord to build the European Union’s flagship Nabucco gas pipeline, Anatolia news agency reported.
The deal, aimed at reducing Europe’s reliance on Russian gas, was signed by five countries – Austria, Bulgaria, Hungary, Romania and Turkey – in Ankara in July.
The pipeline, spanning 3,300 kilometers, is planned [...]

YEREVAN (Novosti-Armenia), March 5—During the meeting with the delegation of Korean companies to Armenia, Prime Minister Tigran Sarkisian expressed hope for successful cooperation between entrepreneurs of both countries.
The delegation consisted of senior representatives of Korea Resources Corporation (KORES), Daewoo Shipbuilding & Marine Engineering (DSME), DSME E & R and CORUS.
The prime minister expressed hope that [...]

YEREVAN (ARKA), March 3–Armenian RASKO insurance company will start providing health insurance services, CEO Ara Karian told journalists on Tuesday.
According to him, the company owns a license for the provision of health insurance and plans to introduce the service within the next two to three months.
“The contracts with various medical institutions, which have already been [...]

YEREVAN (Panorama.am), March 3–”Creating a wider national network is defined by the ‘procedure of forming an e-society in the Republic of Armenia,’” Vache Kirakosyan, the director of high and information technologies department of the Economy Ministry said at a news conference on Wednesday.
“It’s going to be a wide network and will be invested until the [...]

YEREVAN (ARKA), March 2– February 26–Armenian Ameriabank will sign three loan agreements this spring with the European Bank for Reconstruction and Development (EBRD) worth $30 million, its development manager Tigran Jrbashian said today.
He said the first agreement, worth $10 million, will be signed in the first week of March. The loan will allow the bank [...]

YEREVAN (Aysor.am), March 2—In Armenia there is a potential for development of electronic commerce, but there is a lack for the necessary incentives.
Thanks to e-commerce the turnover can be quite effective for new businesses, with increased sales. Goods will be more accessible, and their costs will decline, since with store trade, the cost of goods [...]

YEREVAN (Reuters), March 1–A mountain pass between Georgia and Russia, closed since July 2006, will reopen, in rare sign of cooperation since the former Soviet neighbors fought a brief war in 2008.
The Upper Lars border crossing through the towering Caucasus mountains is effectively the only land crossing between Russia and Georgia, the others running through [...]

YEREVAN (Hetq), February 26—The Union of Information Technology Enterprises (UITE), as well as the Ministry of Regional Government and a number of Information and Communication Technology (ICT) companies have launched in the regions an exit fair-exhibition, called “DigiTec on Wheels.”
Under the program, the participating companies will visit the urban communities, stopping and making exhibitions in [...]