Sunday, February 12 2017 01:15

Arthur Baghdasaryn claims: Armenia has gas and oil 

Arthur Baghdasaryn claims: Armenia has gas and oil 

ArmInfo.  The "Armenian Renaissance" Party leader Arthur Baghdasaryan, speaking about the years while having high positions in Upper Echelons, claims that Armenia has gas and oil, those resources are to deep, he said during party meeting on February 11. 

In his opinion, a Governmental approach is needed. "The resources are owned by some people and it is necessary to return them to people. If hold an investigation we may found out to how many ex-ministers and their relatives belong the resources", he noted. At the same time Baghdasaryan added Armenia faces serous outer and inner challenges. 

In this context he noted that Armenia must have imitative foreign policy.  According to him, the cooperation with Russia and Iran is necessary to be developed. "Armenia must become a transit state in Iran-Europe supplies. We also should develop the connections with EU", noted Baghdasaryan. 

He also considers that the upcoming parliament elections will be fateful for the state. According to him the state need new approaches and radical changes. "Nowadays Armenia needs a new rise, which can be provided by our team. You are the members of my team, my army", he noted. At the same time Baghdasaryan also said that the Party is able to solve the socio-economic problems across the state, particularly,  he stressed the necessity of returning Soviet investments, the availability of mortgage loans, he did not forget to mention the democratic issues as well. He stressed attention on security issues, noting the necessity of professional army forming. "18 years old boy should not protect the state border. If stop the steeling, we will be  able to fund a professional army", he resumed. 

POST A COMMENT
Input digits     


News
Ardshinbank Has Issued an Unprecedented Volume of Eurobonds Worth $600 Million in International Financial MarketsArdshinbank Has Issued an Unprecedented Volume of Eurobonds Worth $600 Million in International Financial Markets
Armenia, Germany agree on joint innovation and technology projectsArmenia, Germany agree on joint innovation and technology projects
Armenia to introduce reverse mortgage system for pensionersArmenia to introduce reverse mortgage system for pensioners
 Armenia and Uzbekistan outline possible areas for further cooperation  in agriculture Armenia and Uzbekistan outline possible areas for further cooperation  in agriculture
Georgia intends to complete construction of roads connecting  Azerbaijan and Armenia with Turkey via Middle Corridor by 2026Georgia intends to complete construction of roads connecting  Azerbaijan and Armenia with Turkey via Middle Corridor by 2026
Europeans have leverage against the US - The EconomistEuropeans have leverage against the US - The Economist
Fitch Ratings revises Armenia`s outlook to positive; affirms at  `BB-`; forecasts GDP of above 5.0% in 2026-2027Fitch Ratings revises Armenia`s outlook to positive; affirms at  `BB-`; forecasts GDP of above 5.0% in 2026-2027
Fitch Ratings upgrades Armenia`s rating outlook from Stable to  Positive - RA premier Fitch Ratings upgrades Armenia`s rating outlook from Stable to  Positive - RA premier 
During the week of January 12-16, 2026, Armenia`s interbank foreign  exchange market experienced a rise in  dollar and ruble transactions During the week of January 12-16, 2026, Armenia`s interbank foreign  exchange market experienced a rise in  dollar and ruble transactions 
AraratBank Partners as General Sponsor of 4090 Charity Foundation`s Five-Year Milestone EventAraratBank Partners as General Sponsor of 4090 Charity Foundation`s Five-Year Milestone Event
 National standards  developed and approved  in tourism sector National standards  developed and approved  in tourism sector
 RA SRC  identified cases of counterfeit vodka and tobacco products RA SRC  identified cases of counterfeit vodka and tobacco products
The President of Belarus signed a decree on crypto banks in the countryThe President of Belarus signed a decree on crypto banks in the country
US banks returned a record $140 million to shareholdersUS banks returned a record $140 million to shareholders
Banks have no right to refuse to open accounts under Social Package  program - CBBanks have no right to refuse to open accounts under Social Package  program - CB
While second person lives below poverty line, Armenia`s leaders  receive bonuses reaching millions While second person lives below poverty line, Armenia`s leaders  receive bonuses reaching millions 
TRIPP is turning Armenia into hub for American economic interests in  South Caucasus region - expertTRIPP is turning Armenia into hub for American economic interests in  South Caucasus region - expert
Armenian-Turkmen  business forum takes place in YerevanArmenian-Turkmen  business forum takes place in Yerevan
RA  Ministry of Territorial Administration: Armenia, Azerbaijan   conduct joint inspection of  Yeraskh- Sadarak railway sectionRA  Ministry of Territorial Administration: Armenia, Azerbaijan   conduct joint inspection of  Yeraskh- Sadarak railway section
Armenia adjusting greenhouse subsidies  to attract young  entrepreneurs and individuals over 63 years  to the sectorArmenia adjusting greenhouse subsidies  to attract young  entrepreneurs and individuals over 63 years  to the sector
"Wings of Unity": Armenia needs an economy focused on production and  exports
Pashinyan assures there will be no increase in liquefied gas prices  Pashinyan assures there will be no increase in liquefied gas prices 
Armenian premier on reasons for premiums to government officialsArmenian premier on reasons for premiums to government officials
RA Central Bank identifies 72 unlicensed organizations offering  various financial servicesRA Central Bank identifies 72 unlicensed organizations offering  various financial services
Armenia presents solar energy management solutions at international  exhibition Abu Dhabi Sustainability Week (ADSW 2026)Armenia presents solar energy management solutions at international  exhibition Abu Dhabi Sustainability Week (ADSW 2026)
Regional Director of the U.S. Trade and Development Agency holding  talks in Yerevan Regional Director of the U.S. Trade and Development Agency holding  talks in Yerevan 
IBRC: Armenian businesses to gain access to export invoice insuranceIBRC: Armenian businesses to gain access to export invoice insurance
RA Economy Minister: Armenia ranks 37th out of 101 countries in WB  rankingRA Economy Minister: Armenia ranks 37th out of 101 countries in WB  ranking
The situation around Iran is pushing oil prices higherThe situation around Iran is pushing oil prices higher
Unforgettable Moments and a Profitable Offer at Myler. Idram&IDBankUnforgettable Moments and a Profitable Offer at Myler. Idram&IDBank
Net flow of foreign investment into Armenian economy dropped to  negative $221 million by October 2025, but FDI saw significant gainsNet flow of foreign investment into Armenian economy dropped to  negative $221 million by October 2025, but FDI saw significant gains
Economy Ministry`s priority programs to be aligned with peace agenda  - Gevorg PapoyanEconomy Ministry`s priority programs to be aligned with peace agenda  - Gevorg Papoyan
WB on major risks for ECA WB on major risks for ECA 
Armenia to remain EAEU member as long as it is compatible with its  desire to join EU - RA premier Armenia to remain EAEU member as long as it is compatible with its  desire to join EU - RA premier 
Issue of competitive procedures in implementation of various programs  priority for the Armenian government - Deputy MinisterIssue of competitive procedures in implementation of various programs  priority for the Armenian government - Deputy Minister
The global economy will grow by 2.6% in 2026, according to the World Bank forecastThe global economy will grow by 2.6% in 2026, according to the World Bank forecast
AraratBank Takes the Lead in Brand PR PerformanceAraratBank Takes the Lead in Brand PR Performance
Armenia plans to establish rules for calculating and paying VAT in  transactions involving supply of goods to individuals through EAEU  electronic platformsArmenia plans to establish rules for calculating and paying VAT in  transactions involving supply of goods to individuals through EAEU  electronic platforms
Armenian premier on planned construction of bridges across  Armenian-Azerbaijani border Armenian premier on planned construction of bridges across  Armenian-Azerbaijani border 
Programs co-financed by RA budget not to be subject to income taxPrograms co-financed by RA budget not to be subject to income tax
More Armenian airlines to get air tax benefit More Armenian airlines to get air tax benefit 
Cadastre Committee`s service centers to be replaced by advisory  centers - billCadastre Committee`s service centers to be replaced by advisory  centers - bill
Minister on Armenian authorities` final decision on construction of  nuclear power plant with several small modular reactorsMinister on Armenian authorities` final decision on construction of  nuclear power plant with several small modular reactors
Armenia, Iraq discuss  energy cooperation Armenia, Iraq discuss  energy cooperation 
World Bank forecasts moderate slowdown for Armenia`s economy through  2027World Bank forecasts moderate slowdown for Armenia`s economy through  2027
Unemployment rate in Armenia drops to 11.8% in Q32025Unemployment rate in Armenia drops to 11.8% in Q32025
Russia`s International Reserves Reach a Record $763.9 BillionRussia`s International Reserves Reach a Record $763.9 Billion
Idram Summarizes 2025Idram Summarizes 2025
The global economy will grow by 2.7% in 2026The global economy will grow by 2.7% in 2026
Armenia`s High-Tech Sector Development Strategic Plan  to be approved  in 2026Armenia`s High-Tech Sector Development Strategic Plan  to be approved  in 2026
PM Pashinyan: Azerbaijani fuel imports breaking monopolies and  lowering pricesPM Pashinyan: Azerbaijani fuel imports breaking monopolies and  lowering prices
 RA Economy Minister  hopeful for  new economic and logistical  opportunities with potential opening of borders with Turkey RA Economy Minister  hopeful for  new economic and logistical  opportunities with potential opening of borders with Turkey
The Power of One Dram Donates 5,788,105 AMD to the City of Smile Charity FoundationThe Power of One Dram Donates 5,788,105 AMD to the City of Smile Charity Foundation
Armenia`s trade turnover hits 6 trillion drams in 11 monthsArmenia`s trade turnover hits 6 trillion drams in 11 months
Union of Banks of Armenia, EFPA Europe launch Branch Manager  qualification programUnion of Banks of Armenia, EFPA Europe launch Branch Manager  qualification program
Armenia`s telecommunications revenue growth deceleratingArmenia`s telecommunications revenue growth decelerating
 Cargo transportation in Armenia increased by 2.5% in the first 11  months of 2025, while passenger transportation decreased by 2.3% Cargo transportation in Armenia increased by 2.5% in the first 11  months of 2025, while passenger transportation decreased by 2.3%
Romanos Petrosyan: ENA CJSC paid approximately 63.7% more in taxes  and feesRomanos Petrosyan: ENA CJSC paid approximately 63.7% more in taxes  and fees
 Papikyan: Armenia to allocate 150 billion drams for defense industry  development Papikyan: Armenia to allocate 150 billion drams for defense industry  development
Trump Imposes a Credit Card Interest CapTrump Imposes a Credit Card Interest Cap
Read more
Exchange rates
19.01.2026
RUB4.86-0.01
USD378.89-1.10
EUR440.42-0.90
GBP508.05-1.36
CAD272.84-0.69
JPY23.99-0.04
CNY54.41-0.11
CHF474.320.28