Welcome to Armenia
The capital city of Republic of Armenia is Yerevan.
The Flag: The law “On the State Flag of the Republic of Armenia” was adopted on August 24, 1990, by the Supreme Soviet of the Republic of Armenia. The State Flag is a rectangular panel with three equal horizontal stripes of red, blue and orange (from top to bottom). The Coat of Arms: The law “On the State Coat of Arms of the Republic of Armenia” was adopted on April 19, 1992, by the Supreme Soviet of the Republic of Armenia.It is a rendition of the Coat of Arms of the First Armenian Republic (1918-1920) designed by member of the Russian Academy of Fine Arts, Architect Alexander Tamanian and artist Hakob Kojoyan. The Anthem: The Anthem of the Republic of Armenia was adopted on July 1, 1991, by the Supreme Soviet of the Republic of Armenia. It is based on the Anthem of the First Armenian Republic (1918-1920), but with different lyrics. The author of the lyrics is poet Mikael Nalbandian (1829-1866). Major Cities: Gyumri, Vanadzor Administrative Division: Eleven marzes (provinces) Currency Unit: Armenian Dram, introduced in 1993. Geographic Coordinates: in the South: 38o 50’ Northern Latitude; in the North: 41o 20’ Northern Latitude: in the West: 43o 30’ Eastern Longitude; in the East: 46o 00’ Eastern Longitude. Neighboring Countries: Georgia (in the North), Azerbaijan (in the East), Iran (in the South), Nakhijevan /Azerbaijan/ (in the South-West), Turkey (in the West). Territory: 29.74 thousand square kilometers Average Altitude Above Sea Level: 1,800 meters Highest Mountain Peak: Aragats (4,090 meters) Natural Resources: Armenia is rich in copper, iron, bauxite, molybdenum, gold, silver, lead and zinc.
Substantial deposits of pumice, marble, tuff, perlite, limestone, basalt and salt also exist. Precious and semi-precious stones are abundant. Population: 3,766.4 thousand Ethnic Breakdown: Armenians - 96% Minorities: Russians, Yezidis, Kurds, Assyrians, Greeks, Ukrainians, Jews and others. Official Language: Armenian Religion: Christian, Armenian Apostolic Church
Economical politic The stimulation for the investments
* free conversion of the foreign currency
* free repatriation of the income
* political and economical stability
* favorable investment legislation
* the investment guarantee
* the Government devotion to reforms and attraction of the direct foreign investment
* access to the markets of the CIS countries and Middle Asia
* the absence of the export duty
* the compensate tax on additional costs for the export
* economically effective man power
* temporary exemption from the tax for the income for the companies, which input investments more than on 500 million Armenian Drams
* exemption from payment of the tax for the income for the companies, which are working in the agricultural sphere
* the right of the foreigner on the 100% ownership
* absence of the limits on the money order
* stable local currency
Agreements about free trade
Armenia has the agreements about free trade zone with Russia, Ukraine, Turkmenia, Georgia, Moldova, Tajikia and Kirghizia, most favored nation basis with countries of European Union, USA, Switzerland, Romania, Bulgaria, Canada, Poland, Hungary and other states.
Object of the EXPO-Forum
To find new markets for Armenian products To encourage foreign investors for Armenian economy To demonstrate the economical strength of Armenia to the World To invite foreign partners for cooperation