Armenia Location : Southwestern Asia, east of Turkey
Capital City : Yerevan
Curreny : dram (AMD)
Languages Spoken : Armenian 96%, Russian 2%, other 2%
Climate : highland continental, hot summers, cold winters
National Holiday : Independence Day, 21 September (1991)
Background Information
An Armenian Apostolic Christian country, Armenia was incorporated into Russia in 1828 and the USSR in 1920. Armenian leaders remain preoccupied by the long conflict with Azerbaijan over Nagorno-Karabakh, a primarily Armenian-populated region, assigned to Soviet Azerbaijan in the 1920s by Moscow. Armenia and Azerbaijan began fighting over the area in 1988; the struggle escalated after both countries attained independence from the Soviet Union in 1991. By May 1994, when a cease-fire took hold, Armenian forces held not only Nagorno-Karabakh but also a significant portion of Azerbaijan proper. The economies of both sides have been hurt by their inability to make substantial progress toward a peaceful resolution.
Geographical Note
landlocked in the Lesser Caucasus Mountains; Sevana Lich (Lake Sevan) is the largest lake in this mountain range
Economy
Under the old Soviet central planning system, Armenia had developed a modern industrial sector, supplying machine tools, textiles, and other manufactured goods to sister republics in exchange for raw materials and energy. Since the implosion of the USSR in December 1991, Armenia has switched to small-scale agriculture away from the large agroindustrial complexes of the Soviet era. The agricultural sector has long-term needs for more investment and updated technology. The privatization of industry has been at a slower pace, but has been given renewed emphasis by the current administration. Armenia is a food importer, and its mineral deposits (gold, bauxite) are small. The ongoing conflict with Azerbaijan over the ethnic Armenian-dominated region of Nagorno-Karabakh and the breakup of the centrally directed economic system of the former Soviet Union contributed to a severe economic decline in the early 1990s. By 1994, however, the Armenian Government had launched an ambitious IMF-sponsored economic program that has resulted in positive growth rates in 1995-2001. Armenia also managed to slash inflation and to privatize most small- and medium-sized enterprises. The chronic energy shortages Armenia suffered in recent years have been largely offset by the energy supplied by one of its nuclear power plants at Metsamor. Armenia's severe trade imbalance has been offset somewhat by international aid, domestic restructuring of the economy, and foreign direct investment.
Religions
Armenian Apostolic 94%, other Christian 4%, Yezidi (Zoroastrian/animist) 2%
Ports : none
International Disputes - Risks to travellers
: Armenia supports ethnic Armenian secessionists in Nagorno-Karabakh and militarily occupies almost one-fifth of Azerbaijan - Organization for Security and Cooperation in Europe (OSCE) continues to mediate dispute; border with Turkey remains closed over Nagorno-Karabakh dispute; traditional demands regarding former Armenian lands in Turkey have subsided
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Armenia
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