Civil Society organizations demand border opening

The war in Georgia has left the countries of the South Caucasus struggling with substantial risks and challenges. As a consequence of the recent crisis, which further exacerbated an impasse created by the existence of the protracted conflicts, the region is deprived of a vital vain to transport goods through the countries of the region. The railroad running through Georgia is practically useless today because of the destruction of the bridge near Gori. There is…

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Western Union international money transfer system is prohibited in Armenia

August 25 decision of the Armenian Central Bank the Western Union international money transfer system is prohibited in Armenia. The CB Council decided to prohibit participation of the Armenian banks in the mentioned system and annul the contracts with it. The decision is motivated by the Armenian banks’ risk management. In reality, it all started after Azerbaijan protested the fact, that Western Union, Money Gram and other money transfer systems are operating in the territory…

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