The European Commission today announced the launch of the Connectivity Agenda Platform and the signing of agreements with international financial institutions expected to mobilize more than $2 billion for strategic connectivity investments in the Black Sea region and the South Caucasus.
Armenia’s Ministry of Infrastructure published a draft decision yesterday outlining plans to nationalize 100% of the shares of Electric Networks of Armenia (ENA), a utility owned by Russian-Armenian billionaire Samvel Karapetyan.
Russian sanctions against Armenian products have hit the country’s agricultural sector, particularly the flower industry. Producers have lost a key market, facing expensive logistics and debt, and are now urgently seeking buyers in Europe.

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Armenia’s Amulsar gold mine begins operation after years of delay