Armenia

About Armenia

Armenia is part of the Old USSR i.e. Soviet Republic which borders Turkey, Georgia, and Azerbaijan. The country was primarily industry-based dealing with chemicals, electrical machinery, processed food, textile, etc. The country’s economy suffered during the Post-Soviet dissolution and new sectors such as precious stones and jewellery making, ICT, tourism, Agriculture, Energy, etc., has been adopted.

Currently Armenia is classified as a free country and is highly dependent on financial aid from the Western countries.

Country Facts

 

Basic Details
RegionCIS Region
Capital CityYerevan
Government TypeUnitary parliamentary republic
Official LanguagesArmenian
CurrencyArmenian dram, AMD
Phone Code +374
Important CitiesGyumri, Vanadzor, Vagharshapat, Hrazdan, Abovyan, Kapan, Ararat, Armavir, Step'anavan
National DayRepublic Day (28th May)
Economy
Ease of Doing Business Ranking47 (Very Easy)
Primary Industriesbrandy, mining, diamond processing, metal-cutting machine tools, forging and pressing machines, electric motors, knitted wear, hosiery, shoes, silk fabric, chemicals, trucks, instruments, microelectronics, jewelry, software, food processing
Major Exportsunwrought copper, pig iron, nonferrous metals, gold, diamonds, mineral products, foodstuffs, brandy, cigarettes, energy
Major Exports to IndiaChemicals, Stone and Glass, Plastic or rubber, Machinery and Electricals, Hides and Skins, Raw materials, Metals
Major Importsnatural gas, petroleum, tobacco products, foodstuffs, diamonds, pharmaceuticals, cars
Major Imports from IndiaRaw Materials, Stone and Glass, Chemicals, Machinery and Electricals, Plastic or Rubber, Metals, Hides and Skins
Foreign Relations
Trade Agreements with Indiabilateral free-trade agreement
Bordering NationsGeorgia, Turkey, Iran, Azerbaijan
Member ofOrganization of the Black Sea Economic Cooperation(BSEC), Commonwealth of Independent States(CIS), Collective Security Treaty Organization(CSTO), Eurasian Economic Union(EAEU), Organization of the Black Sea Economic Cooperation(OBSEC), Organisation internationale de la Francophonie(OIF), Organization for Security and Co-operation in Europe(OSCE), United Nations(UN), World Trade Organization(WTO)
Indian Embassy DetailsH.E. K. D. Dewal
Honourable Ambassador
Embassy of India
50/2 Dzorapi Street, Yerevan-0019, Armenia
Email: amb.yerevan@mea.gov.in
Phone: (00-374-10) 539173 / 539174 / 539175
Embassy Details in IndiaH.E. Mr. Armen Martirosyan
Honorable Ambassador
Armenian Embassy in New Delhi
D-133, Armenia Rd, West End Colony, Block D, Anand Niketan, New Delhi, Delhi 110021.
Email: armemb@vsnl.com armindiaembassy@mfa.am
Phone: (+91) 11-2410 2851/2,