Monday, May 20 2024 20:24
Marianna Mkrtchyan

Mirzoyan began his speech at International Conference on Nuclear  Security by expressing condolences to Iran

Mirzoyan began his speech at International Conference on Nuclear  Security by expressing condolences to Iran

ArmInfo.Armenian Foreign Minister Ararat Mirzoyan began his speech at the International Conference on Nuclear Security: Shaping the Future, in Vienna by expressing his deepest condolences to the Iraniangovernment, partners and friendly people in connection with the tragic helicopter  crash.

According to the press service of the Armenian Foreign Ministry,  representatives of more than 130 countries are participating in the  conference.

At the beginning of the conference, participants observed a minute of  silence in memory of the Iranian President, Foreign Minister and  other officials who died yesterday in a tragic helicopter crash.   Further in his speech, Mirzoyan drew attention to the fact that over  the past decade, the global environment has undergone significant  changes, recording rapid transformations and unprecedented problems,  including those arising as a result of technological developments.

"It is critical that our national nuclear security system is able to  adapt and address emerging threats.  Promoting inclusive dialogue,  information exchange and the application of best practices are  critical to effectively identifying and managing threats," the  Armenian minister expressed his conviction.  At the same time, he  added that thanks to the key role of the IAEA, international  cooperation with partners played a significant role in strengthening  the potential of the Republic of Armenia in the field of nuclear  safety.

"Over the years of operation, a number of programs have been  implemented at the Armenian NPP to improve the level of nuclear  safety in accordance with IAEA recommendations.

These improvements - large-scale modernization and modernization of  nuclear plants - have created additional public confidence in nuclear  power. Guided by national priorities and the key importance of  nuclear power in achieving global goals of zero carbon dioxide  emissions, as well as the importance of maintaining high standards of  safety and security during the operation of NPP, Armenia has decided  to extend the operating life of the existing power unit until 2036  with the ultimate goal of a smooth transition to new capacities," the  head of the Armenian Foreign Ministry added.

At the same time, he noted that with its National Action Plan,  Armenia fully complies with international obligations defined by UN  Security Council Resolution 1540.

"Great efforts have been made to ensure strict border controls to  prevent the smuggling of nuclear and radioactive materials. Thanks to  cooperation with international partners, all border checkpoints in  Armenia are constantly being modernized and updated," he concluded.

Notably, on March 23, 2023, the Armenian government decided to begin  the process of re-extending the operation life of the Armenian  Nuclear Power Plant until 2036. The design life of the nuclear power  plant expired in 2016, but thanks to large-scale modernization and  re-equipment work, it was extended until 2026. The work was financed  by Russian loans and grants in the amount of $189 million and funds  from the state budget of Armenia in the amount of 63.2 billion drams.  Taking into account the work already completed and the opinions of  relevant organizations and international experience in extending the  life of similar power units, it is planned, through additional  investments and work, to create opportunities to extend the design  life of the second power unit of the Armenian NPP by another 10 years  - from 2026 to 2036. The government decision provides for the  development of an appropriate program, assessment of the technical  capabilities of extending the design life of the power unit, the  necessary financial resources and the impact of possible investments  on the tariff for the end consumer.

According to preliminary data, the cost of extending the service life  of the ANPP by 10 years, will be $130- $170 million. 

POST A COMMENT
Input digits     


News
Dili Dairy Company to build large livestock-breeding complexDili Dairy Company to build large livestock-breeding complex
Armenia introduces comprehensive risk management system, makes  monetary policy more transparentArmenia introduces comprehensive risk management system, makes  monetary policy more transparent
Chinese ambassador on new impetus to Armenian-Chinese economic ties  and practical cooperation in 2025 Chinese ambassador on new impetus to Armenian-Chinese economic ties  and practical cooperation in 2025 
Trump signs executive order potentially imposing additional tariffs  for countries trading with IranTrump signs executive order potentially imposing additional tariffs  for countries trading with Iran
Mher Grigoryan discussed Armenian-European relations with the EU Special RepresentativeMher Grigoryan discussed Armenian-European relations with the EU Special Representative
Modular nuclear power plants are experimental projects. We need to find other solutions: Energy security expertModular nuclear power plants are experimental projects. We need to find other solutions: Energy security expert
The Armenian Minister of Finance briefed representatives of Credit  Agricole CIB on the macroeconomic situation in Armenia.The Armenian Minister of Finance briefed representatives of Credit  Agricole CIB on the macroeconomic situation in Armenia.
Armenia is open to discussions on the Alliance Free Economic Zone, including with Russian investors, says the Minister of EconomyArmenia is open to discussions on the Alliance Free Economic Zone, including with Russian investors, says the Minister of Economy
There will be no problems with grape procurement – ​​MinisterThere will be no problems with grape procurement – ​​Minister
The Speaker of the National Assembly of Armenia held a meeting with the head of RosatomThe Speaker of the National Assembly of Armenia held a meeting with the head of Rosatom
All targets for intensive agriculture have been achieved – Gevorg PapoyanAll targets for intensive agriculture have been achieved – Gevorg Papoyan
Armenia and Iran are expanding cooperation in energy, transport, and aviationArmenia and Iran are expanding cooperation in energy, transport, and aviation
Turkish Airlines will begin operating flights on the Istanbul-Yerevan-Istanbul route from March 11 – mediaTurkish Airlines will begin operating flights on the Istanbul-Yerevan-Istanbul route from March 11 – media
Armenia`s industrial exports increased by 15% in 2025Armenia`s industrial exports increased by 15% in 2025
Renewable energy projects to be implemented at ZCMCRenewable energy projects to be implemented at ZCMC
Gross fixed assets up in Armenia - ministerGross fixed assets up in Armenia - minister
Armenia`s exports show steady growth without re-exportsArmenia`s exports show steady growth without re-exports
RA ambassador to Italy, Director General of the Italian Trade Agency  discuss trade and economic cooperation RA ambassador to Italy, Director General of the Italian Trade Agency  discuss trade and economic cooperation 
Armenia, UAE sign Agreement on Trade in Services and InvestmentsArmenia, UAE sign Agreement on Trade in Services and Investments
Matviyenko: Trade and economic cooperation with Armenia has reached a very high levelMatviyenko: Trade and economic cooperation with Armenia has reached a very high level
David Khudatyan and Ambassador Maragos discussed issues related to the energy and transport sectors.David Khudatyan and Ambassador Maragos discussed issues related to the energy and transport sectors.
The head of the Armenian Ministry of Finance and the Executive Director of the EFSD signed an agreement on the terms of the Fund`s placement in the territory of the Republic of ArmeniaThe head of the Armenian Ministry of Finance and the Executive Director of the EFSD signed an agreement on the terms of the Fund`s placement in the territory of the Republic of Armenia
The annual discussion of the European Investment Bank`s programs took place in YerevanThe annual discussion of the European Investment Bank`s programs took place in Yerevan
The Ministry of Finance of Armenia and the regional director of KfW discussed the progress of projects implemented with the bank`s supportThe Ministry of Finance of Armenia and the regional director of KfW discussed the progress of projects implemented with the bank`s support
Armenia`s communications sector has slowed downArmenia`s communications sector has slowed down
Հայաստանում էլեկտրաէներգիայի արտադրությունը 2025 թվականին աճել է 6.7%-ովՀայաստանում էլեկտրաէներգիայի արտադրությունը 2025 թվականին աճել է 6.7%-ով
Armenia`s metallurgical industry stagnatingArmenia`s metallurgical industry stagnating
Armenia`s industry records 4.7% growth in 2025 Armenia`s industry records 4.7% growth in 2025 
 Economic activity grows from 8% up to 9.2% in Armenia in 2025 Economic activity grows from 8% up to 9.2% in Armenia in 2025
RA Ministry of Labor and Social Affairs to ensure distribution of  bank cards among low-mobility pensionersRA Ministry of Labor and Social Affairs to ensure distribution of  bank cards among low-mobility pensioners
 Tigran Hakobyan: Notsingle public multiplex company to be profitable  in 2025 Tigran Hakobyan: Notsingle public multiplex company to be profitable  in 2025
RA State Revenue Committee specifies provisions on VAT and income tax  payments RA State Revenue Committee specifies provisions on VAT and income tax  payments 
Every centenarian in Armenia to be paid some $2,500Every centenarian in Armenia to be paid some $2,500
Government establishes quantities and deadlines for commercial fish  and crayfish catches in Lake Sevan in 2026Government establishes quantities and deadlines for commercial fish  and crayfish catches in Lake Sevan in 2026
Soonest launch of EIB-sponsored Armenia: resilient Syunik project  important Soonest launch of EIB-sponsored Armenia: resilient Syunik project  important 
Armenian wine companies to attend FOODEX JAPAN 2026 exhibition in  TokyoArmenian wine companies to attend FOODEX JAPAN 2026 exhibition in  Tokyo
Armenia, India  discuss potential joint projects in scientific  research and experimental developmentArmenia, India  discuss potential joint projects in scientific  research and experimental development
Converse Bank completes initial placement of Armleasing`s debut  bond placement in just one dayConverse Bank completes initial placement of Armleasing`s debut  bond placement in just one day
Russia holds technological edge in SMR fuel recycling,  expert saysRussia holds technological edge in SMR fuel recycling,  expert says
Armenia to become an associate member of  BIPM and a corresponding  member of OIMLArmenia to become an associate member of  BIPM and a corresponding  member of OIML
Armenia to introduce electronic  queuing system for land crossingsArmenia to introduce electronic  queuing system for land crossings
 Finance Ministry, EIB discuss details of co-financing  Caucasus Power  Transmission Grid project Finance Ministry, EIB discuss details of co-financing  Caucasus Power  Transmission Grid project
New bill: Legal challenges won`t halt tender for Armenia`s gambling  sector operatorNew bill: Legal challenges won`t halt tender for Armenia`s gambling  sector operator
Armenia`s inward remittances surge to $5.98 Billion in 2025: Russia  remains dominant sourceArmenia`s inward remittances surge to $5.98 Billion in 2025: Russia  remains dominant source
On the impossibility of making payments via Idram for telecommunication operators’ services and the current situationOn the impossibility of making payments via Idram for telecommunication operators’ services and the current situation
Banking Shake-up: Armenia to introduce new tax legislation amid fee  capsBanking Shake-up: Armenia to introduce new tax legislation amid fee  caps
There are 300,000 job vacancies in Armenia - Labor and Social Affairs  Minister  There are 300,000 job vacancies in Armenia - Labor and Social Affairs  Minister  
Part of payments to be returned to Armenian citizens charged double  for health insurancePart of payments to be returned to Armenian citizens charged double  for health insurance
RA Ministry of Territorial Administration, WB delegation discuss key  infrastructuresRA Ministry of Territorial Administration, WB delegation discuss key  infrastructures
Conditions for career advancement within State Revenue Committee to  change in ArmeniaConditions for career advancement within State Revenue Committee to  change in Armenia
Yerevan highlights cooperation with EIB in economic development  programsYerevan highlights cooperation with EIB in economic development  programs
RA vice-premier, WB regional director discuss Crossroads of Peace RA vice-premier, WB regional director discuss Crossroads of Peace 
Austrian alliance: GRAWE Group takes control of LIGA Insurance to  build regional hubAustrian alliance: GRAWE Group takes control of LIGA Insurance to build regional hub
Life insurance as a strategic growth area for LIGA InsuranceLife insurance as a strategic growth area for LIGA Insurance
No overheating: Central Bank of Armenia keeps steady hand on credit  controlsNo overheating: Central Bank of Armenia keeps steady hand on credit  controls
Armenia`s banking system braced for potential U.S.-Iran conflictArmenia`s banking system braced for potential U.S.-Iran conflict
Converse Bank completes placement of Globbing`s Debut Bonds earlyConverse Bank completes placement of Globbing`s Debut Bonds early
Acba bank launches the new American Express Gold Debit CardAcba bank launches the new American Express Gold Debit Card
Armenia`s Central Bank  to cap acquiring fees from March 1, 2026:  0.5% for local ArCa cards and 0.9% for international cardsArmenia`s Central Bank  to cap acquiring fees from March 1, 2026:  0.5% for local ArCa cards and 0.9% for international cards
 ENA interim manager confirms company`s readiness to fully meet its  financial obligations - Amundi- ACBA ENA interim manager confirms company`s readiness to fully meet its  financial obligations - Amundi- ACBA
Read more
Exchange rates
06.02.2026
RUB4.90-0.03
USD377.70-0.31
EUR445.38-0.18
GBP512.84-0.80
CAD276.00-0.08
JPY24.060.02
CNY54.43-0.03
CHF485.60-0.40