The Russian government has approved a draft agreement for a free trade zone between the Eurasian Economic Union (EEU) and Vietnam. The deal is supposed to double bilateral trade and see the EEU more involved in integration processes in the Asia-Pacific.
Seventeen people are dead and more than 60 injured, after an apartment block in Azerbaijan’s capital, Baku, went up in flames in just seconds. Officials blame cheap plastic paneling for the rapid escalation of the fire.
Turkey should no longer cover for the atrocities committed by the Ottoman Empire, and recognize the Armenian genocide, Armenia’s president Serzh Sargsyan said on the eve of the 100th anniversary of the start of the mass killings.
Pope Francis honored the 100th anniversary of the slaughter of Armenians by Ottoman Turks and called it “the first genocide of the 20th century.” His comments have angered Turkey, which has recalled its Vatican envoy.
The Nagorno-Karabakh conflict between Azerbaijan and Armenia escalated on Thursday leaving several military dead. Different figures were produced by each side, ranging from at least three, up to 20 people in the disputed enclave in the South Caucasus.
India has proposed creating a free trade zone with the Eurasian Economic Union of Russia, Kazakhstan, Belarus and Armenia, said Alexey Pushkov, head of the International Committee of Russian State Duma.
An energy union between Russia, Kazakhstan, Belarus, and Armenia will be the main focus in the coming year, Russian Prime Minister Dmitry Medvedev said at the inaugural meeting of the Eurasian Governmental Council in Moscow.
Russian Pvt. Valery Permyakov who stands accused of the gruesome murder of a family of seven in a northwestern Armenian city, has pleaded guilty to the charges brought against him by law enforcement agencies, Armenia’s Investigative Committee said.
The Russian GDP forecast for 2015 was downgraded from plus 0.2 percent to a 4.8 percent decline by the European Bank for Reconstruction and Development. It’s due to falling oil prices and geopolitical tension that could mean a regional economic downturn.
About a dozen people were injured after police dispersed a rally outside the Russian consulate in Gyumri, Armenia. The crowd demanded that a Russian serviceman accused of killing a family of six be transferred under Armenian jurisdiction.