Chinese EV maker taps Yerevan for region’s largest retail center: THIS WEEK IN BUSINESS

Moscow again dismissed Yerevan’s latest call to end a longstanding deal that gives Russia control over Armenia’s rail network until 2038.

Armenia set the end of 2027 as the deadline for selecting a replacement to the aging, Soviet-era nuclear power plant at Metsamor, a major source of the country’s energy.

FAW Group, a major Chinese electric vehicle company, opened a large-scale retail center in Yerevan as EVs continue to gain popularity in Armenia.