Armenia 2018

Total Page:16

File Type:pdf, Size:1020Kb

Armenia 2018 Armenia 2018 1 Table of Contents Doing Business in Armenia __________________________________________ 5 Market Overview ______________________________________________________________ 5 Market Challenges _____________________________________________________________ 6 Market Opportunities ___________________________________________________________ 7 Market Entry Strategy __________________________________________________________ 7 Political Environment _______________________________________________ 7 Political Environment __________________________________________________________ 7 Selling US Products & Services _______________________________________ 8 Using an Agent to Sell US Products and Services ___________________________________ 8 Establishing an Office __________________________________________________________ 8 Franchising __________________________________________________________________ 9 Direct Marketing _______________________________________________________________ 9 Joint Ventures/Licensing ______________________________________________________ 10 Selling to the Government _____________________________________________________ 10 Distribution & Sales Channels __________________________________________________ 11 Express Delivery _____________________________________________________________ 12 Selling Factors & Techniques ___________________________________________________ 12 eCommerce _________________________________________________________________ 12 Trade Promotion & Advertising _________________________________________________ 15 Pricing ______________________________________________________________________ 15 Sales Service/Customer Support ________________________________________________ 16 Protecting Intellectual Property _________________________________________________ 16 Due Diligence ________________________________________________________________ 16 Local Professional Services ____________________________________________________ 17 Principle Business Associations ________________________________________________ 17 Limitations on Selling US Products and Services __________________________________ 17 Web Resources ______________________________________________________________ 17 Leading Sectors for US Exports & Investments _________________________ 18 Energy ______________________________________________________________________ 18 Agricultural Sector (Example Sector) ____________________________________________ 24 Mining and Minerals __________________________________________________________ 30 Information Technology _______________________________________________________ 33 Travel and Tourism ___________________________________________________________ 37 2 Fast Moving Consumer Goods (FMCG) ___________________________________________ 40 Customs, Regulations & Standards ___________________________________ 42 Trade Barriers _______________________________________________________________ 42 Import Tariff _________________________________________________________________ 43 Import Requirements & Documentation __________________________________________ 44 Labeling/Marking Requirements ________________________________________________ 44 U.S. Export Controls __________________________________________________________ 45 Temporary Entry _____________________________________________________________ 45 Prohibited & Restricted Imports _________________________________________________ 45 Customs Regulations _________________________________________________________ 45 Standards for Trade ___________________________________________________________ 46 Trade Agreements ____________________________________________________________ 48 Licensing Requirements for Professional Services _________________________________ 48 Web Resources ______________________________________________________________ 48 Investment Climate Statement _______________________________________ 49 Executive Summary ___________________________________________________________ 49 Openness to and Restrictions upon Foreign Investment ____________________________ 50 Bilateral Investment Agreements and Taxation Treaties _____________________________ 52 Legal Regime ________________________________________________________________ 52 Industrial Policies ____________________________________________________________ 55 Protection of Property Rights ___________________________________________________ 56 Financial Sector ______________________________________________________________ 57 State-Owned Enterprises ______________________________________________________ 58 Responsible Business Conduct _________________________________________________ 59 Corruption __________________________________________________________________ 59 Political and Security Environment ______________________________________________ 62 Labor Policies and Practices ___________________________________________________ 63 OPIC and Other Investment Insurance Programs___________________________________ 64 Foreign Direct Investment and Foreign Portfolio Investment Statistics ________________ 64 Contact for More Information on the Investment Climate Statement ___________________ 65 Trade & Project Financing __________________________________________ 65 Methods of Payment __________________________________________________________ 65 Banking Systems _____________________________________________________________ 66 Foreign Exchange Controls ____________________________________________________ 66 US Banks & Local Correspondent Banks _________________________________________ 66 3 Project Financing _____________________________________________________________ 67 Financing Web Resources _____________________________________________________ 68 Business Travel ___________________________________________________ 68 Business Customs____________________________________________________________ 68 Travel Advisory ______________________________________________________________ 69 Visa Requirements ___________________________________________________________ 69 Currency ____________________________________________________________________ 69 Telecommunications/Electronics ________________________________________________ 70 Transportation _______________________________________________________________ 71 Language ___________________________________________________________________ 71 Health ______________________________________________________________________ 71 Local Time, Business Hours and Holidays ________________________________________ 71 Temporary Entry of Materials or Personal Belongings ______________________________ 72 Travel Related Web Resources _________________________________________________ 72 INTERNATIONAL COPYRIGHT, U.S. & FOREIGN COMMERCIAL SERVICE AND U.S. DEPARTMENT OF STATE, 2018. ALL RIGHTS RESERVED OUTSIDE OF THE UNITED STATES. 4 Doing Business in Armenia Market Overview Armenia is a small market, facing difficult challenges based on its geography and the ongoing hostilities over Nagorno-Karabakh that has closed two of its four borders. U.S. goods and services compete successfully for market share and there has been a significant increase in U.S. investment in Armenia over the last five years, particularly in the energy and mining sector. Unexpected political changes in April and May 2018 have not adversely affected the market, and new political will, if sustained, could positively address long-term systemic concerns about corruption and distortions to the market by politically-connected businesses. In May of 2015 the United States and the Armenian Government signed a Trade and Investment Framework Agreement (TIFA). The TIFA provides a strategic framework and principles for dialogue on trade and investment issues. The agreement creates a platform to meet and discuss issues of mutual interest with the objective of improving cooperation and enhancing opportunities for trade and investment and provides high level government engagement for protecting business interests in both countries. The Republic of Armenia became a member of the Russian led Eurasian Economic Union (EAEU) on January 2, 2015. This membership provides Armenian products direct access to the Russian, Belarussian, Kazakh, and Kyrgiz markets with a combined population of over 175 million and a combined gross domestic product (GDP) of 2.2 trillion USD. In November 2017, the European Union and Armenia signed the Comprehensive and Enhanced Partnership Agreement (CEPA) aimed at significantly deepening their relations. The new agreement is expected to improve the investment climate, stimulating growth and jobs and create better regulatory environment for businesses to grow. With international donor assistance, the Armenian government has been implementing a program of reforms aimed at attracting trade and foreign investment by improving the business environment and tax and customs administration. As a WTO member since 2003, Armenia has the most liberal investment regime among EAEU countries making it an attractive location from which to base international and regional operations focused on EAEU markets. The country has GSP access to the U.S., EU, and Japan, and a Free Trade Agreement with neighboring Georgia which remains available even after Armenia’s accession to the EAEU. Armenia’s gross domestic product grew 7.5 percent in 2017 to $11.6 billion, the largest annual expansion in a decade after close to zero growth in 2016. According to the World Bank country snapshot, growth was driven mainly by a recovery in the external environment
Recommended publications
  • Agricultural Value-Chains Assessment Report April 2020.Pdf
    1 2 ABOUT THE EUROPEAN UNION The Member States of the European Union have decided to link together their know-how, resources and destinies. Together, they have built a zone of stability, democracy and sustainable development whilst maintaining cultural diversity, tolerance and individual freedoms. The European Union is committed to sharing its achievements and its values with countries and peoples beyond its borders. ABOUT THE PUBLICATION: This publication was produced within the framework of the EU Green Agriculture Initiative in Armenia (EU-GAIA) project, which is funded by the European Union (EU) and the Austrian Development Cooperation (ADC), and implemented by the Austrian Development Agency (ADA) and the United Nations Development Programme (UNDP) in Armenia. In the framework of the European Union-funded EU-GAIA project, the Austrian Development Agency (ADA) hereby agrees that the reader uses this manual solely for non-commercial purposes. Prepared by: EV Consulting CJSC © 2020 Austrian Development Agency. All rights reserved. Licensed to the European Union under conditions. Yerevan, 2020 3 CONTENTS LIST OF ABBREVIATIONS ................................................................................................................................ 5 1. INTRODUCTION AND BACKGROUND ..................................................................................................... 6 2. OVERVIEW OF DEVELOPMENT DYNAMICS OF AGRICULTURE IN ARMENIA AND GOVERNMENT PRIORITIES.....................................................................................................................................................
    [Show full text]
  • Georgia Armenia Azerbaijan 4
    ©Lonely Planet Publications Pty Ltd 317 Behind the Scenes SEND US YOUR FEEDBACK We love to hear from travell ers – your comments keep us on our toes and help make our books better. Our well- travell ed team reads every word on what you loved or loathed about this book. Although we cannot reply individually to postal submissions, we always guarantee that your feedback goes straight to the appropriate authors, in time for the next edition. Each person who sends us information is thanked in the next edition – the most useful submissions are rewarded with a selection of digital PDF chapters. Visit lonelyplanet.com/contact to submit your updates and suggestions or to ask for help. Our award-winning website also features inspirational travel stories, news and discussions. Note: We may edit, reproduce and incorporate your comments in Lonely Planet products such as guidebooks, websites and digital products, so let us know if you don’t want your comments reproduced or your name acknowledged. For a copy of our privacy policy visit lonelyplanet.com/privacy. Stefaniuk, Farid Subhanverdiyev, Valeria OUR READERS Many thanks to the travellers who used Superno Falco, Laurel Sutherland, Andreas the last edition and wrote to us with Sveen Bjørnstad, Trevor Sze, Ann Tulloh, helpful hints, useful advice and interest- Gerbert Van Loenen, Martin Van Der Brugge, ing anecdotes: Robert Van Voorden, Wouter Van Vliet, Michael Weilguni, Arlo Werkhoven, Barbara Grzegorz, Julian, Wojciech, Ashley Adrian, Yoshida, Ian Young, Anne Zouridakis. Asli Akarsakarya, Simone
    [Show full text]
  • Post-Conference Event 5 Days Tour – 790 EUR Per Person (April 28-May 2, 2019)
    Post-Conference Event 5 Days tour – 790 EUR per person (April 28-May 2, 2019) Day1: Yerevan, Geghard, Garni, Sevan, Dilijan, Dzoraget ✓ Breakfast at the hotel • Geghard Geghard Monastery is 40km south-east from Yerevan. Geghard Monastery carved out of a huge monolithic rock. Geghard is an incredible ancient Armenian monastery, partly carved out of a mountain. It is said that the Holy Lance that pierced the body of Christ was kept here. The architectural forms and the decoration of Geghard’s rock premises show that Armenian builders could not only create superb works of architecture out of stone, but also hew them in solid rock. It is included in the list of UNESCO World Heritage Sites. • Garni From Geghard it is 11km to Garni Temple. Garni Pagan Temple, the only Hellenistic temple in the Caucasus. Gracing the hillside the temple was dedicated to the God of Sun, Mithra and comprises also royal palace ruins, Roman Baths with a well preserved mosaic. Lunch in Garni also Master class of traditional Armenian bread “lavash” being baked in tonir (ground oven). The preparation, meaning and appearance of traditional bread as an expression of culture in Armeniahas been inscribed on UNESCO’s Representative List of the Intangible Cultural Heritage of Humanity. • Sevan Visit to Sevan Lake which is 80 km from Garni temple. Sevan Lake is the largest lake in Armenia and the Caucasus region. With an altitude of 1,900 meters above sea level, it’s one of the highest lakes in the world. The name Sevan is of Urartian origin, and is derived of Siuna, meaning county of lakes.
    [Show full text]
  • Gender, Agriculture and Rural Development in Armenia Country Gender Assessment Series Country Gender Assessment
    GENDER, AGRICULTURE AND RURAL DEVELOPMENT IN ARMENIA COUNTRY GENDER ASSESSMENT SERIES COUNTRY GENDER ASSESSMENT Gender, agriculture and rural development in Armenia Food and Agriculture Organization of the United Nations Budapest, 2017 The designations employed and the presentation of material in this information product do not imply the expression of any opinion whatsoever on the part of the Food and Agriculture Organization of the United Nations (FAO) concerning the legal or development status of any country, territory, city or area or of its authorities, or concerning the delimitation of frontiers or boundaries. The mention of specific companies or products of manufacturers, whether or not these have been patented, does not imply that these have been endorsed or recommended by FAO in preference to others of similar nature that are not mentioned. The views expressed in this information product are those of the author(s) and do not necessarily reflect the views or policies of FAO. © FAO 2017 FAO encourages the use, reproduction and dissemination of material in this information product. Except where otherwise indicated, material may be copied, downloaded and copied for private study, research and teaching purposes, or for use in non-commercial products or services, provided that appropriate acknowledgement of FAO as the source and copyright holder is given and that FAO’s endorsement of users’ views, products or services is not implied in anyway. All requests for translation and adaptation rights, and for resale and other commercial use rights should be made via www.fao.org/contact-us/ licence-request or addressed to [email protected]. FAO information products are available on the FAO website (www.fao.org/ publications) and can be purchased through [email protected].
    [Show full text]
  • Armenia, Republic of | Grove
    Grove Art Online Armenia, Republic of [Hayasdan; Hayq; anc. Pers. Armina] Lucy Der Manuelian, Armen Zarian, Vrej Nersessian, Nonna S. Stepanyan, Murray L. Eiland and Dickran Kouymjian https://doi.org/10.1093/gao/9781884446054.article.T004089 Published online: 2003 updated bibliography, 26 May 2010 Country in the southern part of the Transcaucasian region; its capital is Erevan. Present-day Armenia is bounded by Georgia to the north, Iran to the south-east, Azerbaijan to the east and Turkey to the west. From 1920 to 1991 Armenia was a Soviet Socialist Republic within the USSR, but historically its land encompassed a much greater area including parts of all present-day bordering countries (see fig.). At its greatest extent it occupied the plateau covering most of what is now central and eastern Turkey (c. 300,000 sq. km) bounded on the north by the Pontic Range and on the south by the Taurus and Kurdistan mountains. During the 11th century another Armenian state was formed to the west of Historic Armenia on the Cilician plain in south-east Asia Minor, bounded by the Taurus Mountains on the west and the Amanus (Nur) Mountains on the east. Its strategic location between East and West made Historic or Greater Armenia an important country to control, and for centuries it was a battlefield in the struggle for power between surrounding empires. Periods of domination and division have alternated with centuries of independence, during which the country was divided into one or more kingdoms. Page 1 of 47 PRINTED FROM Oxford Art Online. © Oxford University Press, 2019.
    [Show full text]
  • Ministerial Report 2007 - 2011
    REPUBLIC OF ARMENIA MINISTRY OF NATURE PROTECTION MINISTERIAL REPORT 2007 - 2011 YEREVAN 2011 2 REPUBLIC OF ARMENIA The 2007-2011 Ministerial Report was developed by the working group of the Ministry of Nature Protection of the Republic of Armenia. The 2007-2011 Ministerial Report was translated and published with financial assistance of the United Nations Development Programme in Armenia MINISTERIAL REPORT 2007-2011 3 CONTENTS Foreword of Mr. Aram Harutyunyan, Minister of Nature Protection of the Republic of Armenia ............................................................................ 4 Introduction ................................................................................................. 7 1. State Governance of the Environment. Mechanisms for Nature Protection ............................................................................................ 8 1.1 Legislation Regulating the Environmental Sector and Institutional Issues .......................................................................... 8 1.2 Economic Mechanisms ................................................................. 10 1.3 Awareness, Participation and Environmental Education .............. 22 1.3.1 Participation and Public Awareness .................................... 22 1.3.2 Environmental Education .................................................... 24 1.4 Environmental Monitoring ............................................................. 25 1.5 Inspection Control .........................................................................
    [Show full text]
  • Georgia-Armenia 11Days € 1501
    GEORGIA-ARMENIA 11 DAYS Small group tour to Georgia and Armenia BOOK 6 MONTHS IN ADVANCE SAVE 10% € 1501 Starts from Tbilisi every second Saturday The route is open from April to October. Choose the date and join the group in Tbilisi. 11-day combined tour with guaranteed dates to two countries – Georgia and Armenia – takes off in Tbilisi, the capital of Georgia. During these 11 days, participants of this tour will be able to visit different cities and towns of Armenia and Georgia, and get acquainted with people, history and culture of the two countries. Group will be guided by the local experts in each country who will introduce the most important and interesting historical and cultural monuments of Georgia and Armenia to them. The group is “Guaranteed to run” after 2 people book this tour. MAIN HIGHLIGHTS & SITES: GEORGIA Samtskhe region • Borjomi Spa-Resort Tbilisi CITY • Borjomi-Kharagauli NP • Holy Trinity Cathdral • Akhaltsikhe Town • Narikala fortress & Mosque • Rabat Castle 14-18th cc • Legvtakhevi waterfall • Vardzia Caves 12th c • Sulfur bathhouse district • Sharden & King Erekle II street ARMENIA • Sioni & Anchiskhati basilica • Gyumri town Kartli province • Echmiadzin • Gori J. Stalin Museum • Zvartnoc • Uplistsikhe caves; • Yerevan city Mtskheta CITY • Matenadaran museum • History museum • Svetitskhoveli of 12th c • Geghard Monastery • Jvari Monastery of 6th c • Garni Pagan Temple KHEVI province • Khor Virap Monastery • Ananuri Castle 16-17th c • Armenian Wine Village Areni • Gudauri Ski-Resort 2196m • Noravank monastery • Stephantsminda Town, Kazbegi • Lake Sevan • Gergeti Holy Trinity Church 14th c • Dilijan town & Sharamberyan Str • Sanahin Monastery • Haghpat Monastery DAY TO DAY ITINERARY 1 DAY Tbilisi City Tour will visit one of the tallest Orthodox church in the world 11-day Georgia-Armenia tour takes off in Tbilisi.
    [Show full text]
  • Armenian Monuments Awareness Project
    Armenian Monuments Awareness Project Armenian Monuments Awareness Project he Armenian Monuments Awareness Proj- ect fulfills a dream shared by a 12-person team that includes 10 local Armenians who make up our Non Governmental Organi- zation. Simply: We want to make the Ar- T menia we’ve come to love accessible to visitors and Armenian locals alike. Until AMAP began making installations of its infor- Monuments mation panels, there remained little on-site mate- rial at monuments. Limited information was typi- Awareness cally poorly displayed and most often inaccessible to visitors who spoke neither Russian nor Armenian. Bagratashen Project Over the past two years AMAP has been steadily Akhtala and aggressively upgrading the visitor experience Haghpat for local visitors as well as the growing thousands Sanahin Odzun of foreign tourists. Guests to Armenia’s popular his- Kobair toric and cultural destinations can now find large and artistically designed panels with significant information in five languages (Armenian, Russian, Gyumri Fioletovo Aghavnavank English, French, Italian). Information is also avail- Goshavank able in another six languages on laminated hand- Dilijan outs. Further, AMAP has put up color-coded direc- Sevanavank tional road signs directing drivers to the sites. Lchashen Norashen In 2009 we have produced more than 380 sources Noratuz of information, including panels, directional signs Amberd and placards at more than 40 locations nation- wide. Our Green Monuments campaign has plant- Lichk Gegard ed more than 400 trees and
    [Show full text]
  • Agriculture and Food Processing in Armenia
    SAMVEL AVETISYAN AGRICULTURE AND FOOD PROCESSING IN ARMENIA YEREVAN 2010 Dedicated to the memory of the author’s son, Sergey Avetisyan Approved for publication by the Scientifi c and Technical Council of the RA Ministry of Agriculture Peer Reviewers: Doctor of Economics, Prof. Ashot Bayadyan Candidate Doctor of Economics, Docent Sergey Meloyan Technical Editor: Doctor of Economics Hrachya Tspnetsyan Samvel S. Avetisyan Agriculture and Food Processing in Armenia – Limush Publishing House, Yerevan 2010 - 138 pages Photos courtesy CARD, Zaven Khachikyan, Hambardzum Hovhannisyan This book presents the current state and development opportunities of the Armenian agriculture. Special importance has been attached to the potential of agriculture, the agricultural reform process, accomplishments and problems. The author brings up particular facts in combination with historic data. Brief information is offered on leading agricultural and processing enterprises. The book can be a useful source for people interested in the agrarian sector of Armenia, specialists, and students. Publication of this book is made possible by the generous fi nancial support of the United States Department of Agriculture (USDA) and assistance of the “Center for Agribusiness and Rural Development” Foundation. The contents do not necessarily represent the views of USDA, the U.S. Government or “Center for Agribusiness and Rural Development” Foundation. INTRODUCTION Food and Agriculture sector is one of the most important industries in Armenia’s economy. The role of the agrarian sector has been critical from the perspectives of the country’s economic development, food safety, and overcoming rural poverty. It is remarkable that still prior to the collapse of the Soviet Union, Armenia made unprecedented steps towards agrarian reforms.
    [Show full text]
  • Armenian Tourist Attraction
    Armenian Tourist Attractions: Rediscover Armenia Guide http://mapy.mk.cvut.cz/data/Armenie-Armenia/all/Rediscover%20Arme... rediscover armenia guide armenia > tourism > rediscover armenia guide about cilicia | feedback | chat | © REDISCOVERING ARMENIA An Archaeological/Touristic Gazetteer and Map Set for the Historical Monuments of Armenia Brady Kiesling July 1999 Yerevan This document is for the benefit of all persons interested in Armenia; no restriction is placed on duplication for personal or professional use. The author would appreciate acknowledgment of the source of any substantial quotations from this work. 1 von 71 13.01.2009 23:05 Armenian Tourist Attractions: Rediscover Armenia Guide http://mapy.mk.cvut.cz/data/Armenie-Armenia/all/Rediscover%20Arme... REDISCOVERING ARMENIA Author’s Preface Sources and Methods Armenian Terms Useful for Getting Lost With Note on Monasteries (Vank) Bibliography EXPLORING ARAGATSOTN MARZ South from Ashtarak (Maps A, D) The South Slopes of Aragats (Map A) Climbing Mt. Aragats (Map A) North and West Around Aragats (Maps A, B) West/South from Talin (Map B) North from Ashtarak (Map A) EXPLORING ARARAT MARZ West of Yerevan (Maps C, D) South from Yerevan (Map C) To Ancient Dvin (Map C) Khor Virap and Artaxiasata (Map C Vedi and Eastward (Map C, inset) East from Yeraskh (Map C inset) St. Karapet Monastery* (Map C inset) EXPLORING ARMAVIR MARZ Echmiatsin and Environs (Map D) The Northeast Corner (Map D) Metsamor and Environs (Map D) Sardarapat and Ancient Armavir (Map D) Southwestern Armavir (advance permission
    [Show full text]
  • Heavy Metals in Soils, Foodstuffs, and Human Hair in the Mining and Metallurgical Communities of Alaverdi and Akthala, Lori Province of Armenia
    Heavy metals in soils, foodstuffs, and human hair in the mining and metallurgical communities of Alaverdi and Akthala, Lori province of Armenia Author: Mgr. et Mgr. Václav Mach, Ph.D. Contributing authors: Bc. Valeriya Grechko, Bc. Jan Matuštík, Mgr. Jitka Straková Heavy metals in soils, foodstuffs, and human hair in the mining and metallurgical communities of Alaverdi and Akthala, Lori province of Armenia Author: Mgr. et Mgr. Václav Mach, Ph.D. Contributing authors: Bc. Valeriya Grechko, Bc. Jan Matuštík, Mgr. Jitka Straková This report was prepared and published as a part of the project “Empowering civil society in Alaverdi and Akhtala in addressing problems with industrial pollution”, with the financial assistance of the Ministry of Foreign Affairs of the Czech Republic under the Transformation Cooperation Programme. The production of this publication was also made possible thanks to the Global Greengrants Fund. The Project was implemented by Arnika – Toxics and Waste Programme, based in Prague, Czech Republic, Center for Community Mobilization and Support (CCMS), based in Alaverdi, Armenia, and Ecolur, based in Yerevan, Armenia. The content of this publication does not reflect the official opinion of the Ministry of Foreign Affairs of the Czech Republic or any of the institutions providing financial support. Responsibility for the content lies entirely with authors. Arnika – Toxics and Waste Programme, Dělnická 13, CZ 170 000, Prague 7, Czech Republic Tel.: + 420 774 406 825 Center for Community Mobilization and Support (CCMS), Sayat Nova 14/35, Alaverdi, Armenia Tel.: +374 98 935053 Ecolur, Hanrapetutyan St. 49/2, Yerevan, Armenia Tel.: + 374 105 620 20 Graphic design: Pavel Jaloševský Heavy metals in soils, foodstuffs, and human hair in the mining and metallurgical communities of Alaverdi and Akthala, Lori province of Armenia Mgr.
    [Show full text]
  • Armenia Armenia
    Armenia – Ancient & Modern 5 days / 4 nights Armenia is located in the southern Caucasus and is the smallest of the former Soviet republics. It is bounded by Georgia on the north, Azerbaijan on the east, Iran on the south, and Turkey on the west. Yerevan, is its capital city and Dram the official Currency. For travellers, easily visited highlights include ancient monasteries, candlelit churches and high -walled forts – leaving a lasting impression of this beautiful modernized country. Visit the beautiful cities of Yerevan & Sevan and the explore the cul tural cities of Garni & Geghard. Day 1: Arrival in Yerevan – Yerevan City tour Arrival to Yerevan, transfer to the hotel, check -in. City tour - Yerevan sightseeing including City center, Republic square, State University, City panorama, Mother Armenia Monument, Parliament, President’s Palace, Opera, Sports & Conce rt Complex . Walk in the Cascade complex, which is considered the modern art center of Yerevan, with art pieces displayed throughout the whole area: the boulevard and up the stairs, from top of which you can enjoy the panoramic view on the city and Mountai n Ararat. Cascade is home to Cafesjan modern art museum. This place becomes even more charming in the evenings, when it is full of people, both locals and tourists from all over the world, enjoying the magic and the warmth of the capital. Overnight in Yerevan. Day 2 : Tsakhkadzor – Sevan Breakfast at the hotel. Drive to Tsakhkadzor town the magical place of forested mountains (means “gorge of flowers”), short walking tour around the small town. Opportunity to go up to the mountain peaks by rope way, where you w ill catch an unforgettable gorgeous panoramic view of this part of the world (optional, at extra charge 5$ per ticket for going up the first level and back).
    [Show full text]