MSIIR head: Armenia’s accomplished banking system may use advantages of Eurasian project

YEREVAN, July 22. /ARKA/. Anatoly Torkunov, the head of the Moscow State Institute of International Relations, speaking Saturday in Yerevan at an Internet conference on Armenia’s geopolitical role in the system of the contemporary international relations, said that Armenia’s accomplished banking system may use advantages of the Eurasian project.

“Everybody knows that Armenia’s banking system is one of the strongest and most accomplished banking systems,” he said in an interview with Novosti- Armenia. “And what does the development of the Eurasian project mean? This is a free movement of funds, i.e. capital, services, human resources and commodities. Already today Armenia has an opportunity to share its experience and take part in movement of funds and development of the banking system within the Eurasian process”

Besides, as he said, Armenia, with its intellectual resource and experience in developing technologies, can play an important part in the project, which has considerable natural resources and which needs not only these resources, but also the usage of know-how and intellectual resources.

Torkunov also said that the two countries have also a historically shaped reality – 1.2 million ethnic Armenians which enjoy Russian citizenship and constitute a major part of the multinational Russian people.

“This is an important circumstance – they are Russia’s citizens, but it is known that Armenians have special affection for their historical homeland, and therefore participation in such processes, where Russia, whose population includes Armenians, takes part as well, is one of the factors which can’t be ignored,” added. —-0—

spot_img

POPULAR

“The Power of One Dram” to “Orran” Charitable Non-Governmental Organization

YEREVAN, August 12. /ARKA/. The July beneficiary of "The Power of One Dram" initiative was "My Forest Armenia" environmental non-governmental organization.

A Major Business, Built with Own Hands: Royal Mattresses (VIDEO)

YEREVAN, August 14. /ARKA/. Approximately two decades ago, Aram Mnatsakanyan embarked on his journey as an entrepreneur by crafting high-quality mattresses.

Euro, dollar, and ruble drop against Armenian dram

YEREVAN, August 12. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on the Armenian foreign exchange market fell by 0.16 points on August 12, 2026, compared to August 11, to 365.91 drams.

VTB (Armenia) continues to develop its small business lending capabilities

YEREVAN, August 13. /ARKA/. VTB (Armenia) small business clients now have access to the "Express" loan, which allows them to obtain up to 20 million Armenian drams for business development.

Central Bank of Armenia warns of fraudulent schemes involving bank accounts

YEREVAN, August 17. /ARKA/. Recently, there has been an increase in cases of criminals luring citizens into suspicious financial transactions using their bank accounts or cryptocurrency accounts, as well as e-wallets or cards to transfer criminally obtained funds, in order to conceal their true origin and beneficiaries, according to a statement from the Central Bank of Armenia's press service.

LATEST NEWS

spot_imgspot_imgspot_img