A Russian-Armenian fund planning major business projects in Armenia insisted on Thursday that it has not received any investments from a controversial businessman blacklisted by the United States for his alleged ties to organized crime.
“That official Yerevan hopes Tbilisi will express readiness to make use of Armenia’s [commercial] potential seems to suggest that Serzh Sarkisian regards Armenian-Georgian relations on a new plane and expects a new quality and level of cooperation from Georgia,” writes “Aravot.”
The lingering uncertainty over who will govern Armenia after President Serzh Sarkisian completes his final term in April is adversely affecting the country’s economy, Prime Minister Karen Karapetian said in an interview published on Wednesday.
The ruling Republican Party of Armenia (HHK) on Wednesday urged media to respect “the presumption of innocence” of a Russian businessman of Armenian descent blacklisted by the United States for his alleged ties to an organized-crime syndicate.
Law-enforcement authorities in Georgia have extradited to Armenia a man accused of providing a sophisticated weapon to Samvel Babayan, the jailed army general linked to an Armenian opposition group, it emerged on Wednesday.