The two former Soviet republics "are committing to stop all fighting forever, open up commerce, travel and diplomatic relations and respect each other's sovereignty and territorial integrity," Trump said at the event.

US President Donald Trump announced he will host the leaders of Armenia and Azerbaijan on Friday for what he called a "Historic Peace Summit" aimed at ending a decades-long conflict between two former Soviet republics.

Years of diplomacy between the Caucasus rivals Azerbaijan and Armenia had failed to reach a breakthrough, but negotiations have resumed after Baku last year won a decisive victory in seizing the breakaway region of Nagorno-Karabakh. Turkey, a close ally of Azerbaijan, backed its campaign to drive ethnic Armenian forces from...

Tehran, Iran – Deputy Prime Minister of Armenia Mher Grigoryan on Thursday said that Iran and Armenia have the potential to increase the volume of their bilateral trade to $3 billion. Grigoryan made the remarks during the 18th meeting of the Iran-Armenia Joint Economic Commission where he also described Iran...

New York, United States - Nasdaq Inc., headquartered in New York, has agreed to pay a $4 million settlement to the US Department of Treasury for apparent violations of sanctions against Iran by a former Nasdaq unit, according to the Office of Foreign Assets Control (OFAC). The violations stemmed from...

Foreign ministry spokesman Nasser Kanani, while voicing support for Azerbaijan's reclamation of the separatist Nagorno-Karabakh region last month, said Tehran is "against making geopolitical changes in the region and this is our clear position." He was referring to the Zangezur land corridor which would connect mainland Azerbaijan to its exclave...

YEREVAN, ARMENIA  - Chairman of the Federation of UAE Chambers of Commerce and Industry (FCCI) Abdullah Mohamed Al Mazrouei and the host country’s Minister of Economy Vahan Kerobyan have together inaugurated the UAE-Armenia Business Forum here. The forum saw the signing of four Memorandums of Understanding (MoUs); with three of...

Yerevan, Armenia – Non-oil trade volume between the UAE and Armenia reached $1.53 billion in 2022, with a growth rate of 673 percent compared to 2021, the UAE news agency Wam reported on Friday.  The total UAE non-oil exports to Armenia amounted to almost $229 million in 2022, with a...

The mission has been launched during what Armenia describes as a "humanitarian crisis" ravaging the breakaway region of Nagorno-Karabakh. Since mid-December, a group of Azerbaijanis have been blocking the only road into Karabakh from Armenia to protest what they claim is illegal mining causing environmental damage, leading the mountainous region...

Armenian Prime Minister Nikol Pashinyan said 49 troops had died, making this the deadliest escalation since the two side fought a six-week war over Nagorno-Karabakh that claimed more than 6,500 lives. "Armenia should cease its provocations and focus on peace negotiations and cooperation with Azerbaijan," Foreign Minister Mevlut Cavusoglu tweeted...

Historic rivals Turkey and Armenia were due Wednesday to resume their first commercial flights in two years as part of cautious efforts to normalize strained ties. A Pegasus spokeswoman said the budget airline will fly three flights to and from Yerevan a week.

Raisi called for continuous communication and dialogue between the two countries at different levels.

Earlier this month Turkey and Armenia named special representatives to work on the normalisation of ties.Turkey will be represented by former Washington ambassador Serdar Kilic, while Armenia appointed Ruben Rubinyan, deputy speaker of the National Assembly, as special envoy. Turkish and Armenian companies have also applied for permission for charter...

Armenia and Turkey have never established formal diplomatic ties. The two countries' relations are particularly tense over World War I-era mass killings of Armenians in the Ottoman Empire, which Yerevan says amount to a genocide.

Tensions have simmered for years over Nagorno-Karabakh, an ethnic Armenian region of Azerbaijan that broke away from Baku's control in the early 1990s after the collapse of the Soviet Union.

Masdar, a renewable energy company and a subsidiary of Mubadala Investment Company, will build a 200-megawatt solar photovoltaic (PV) plant in Armenia under an MoU it signed with the Armenian government. The Ayg-1 project will be Armenia’s largest utility-scale solar plant. The Government Support Agreement (GSA) was signed by Gnel...

On a visit to Azerbaijan on Tuesday, Turkey set out conditions if Baku wanted better ties with Ankara.

The new national airline is a joint venture between ANIF and Air Arabia.