Suffrage: 18 years of age; universal
Executive branch: chief of state: President Robert KOCHARIAN (since 30 March 1998) head of Prime Minister Andranik MARKARYAN (since 12 May 2000) cabinet: elected by popular vote for a five-year term; special election last held 30 March 1998 (next to be held NA March 2003); prime minister appointed by the president election results: Robert KOCHARIAN elected president; percent of vote - Robert KOCHARIAN 59.5%, Karen DEMIRCHYAN 40.5%
Legislative branch: unicameral National Assembly (Parliament) or Azgayin Zhoghov (131 seats; members elected by popular vote to serve four-year terms) elections: results: percent of vote by party - NA%; seats by party - Unity Bloc 61 (Republican Party 41, People's Party of Armenia 20), Stability Group (independent Armenian deputies who have formed a bloc) 21, ACP 10, ARF (Dashnak) 8, Law and Unity Party 7, NDU 6, Law-Governed Party 6, independents 10, unfilled 2; note - seats by party change frequently
Judicial branch: Supreme Court; Constitutional Court
Political parties and leaders: Agro-Technical People's Group
(formerly Stability Group) [Hmayk HOVHANISSIAN]; Armenian Communist
Party or ACP [Vladimir DARBINYAN]; Armenia Democratic Party [Armen
SARGSIAN]; Armenian Revolutionary Federation ("Dashnak" Party) or ARF
[Hrant MARKARYAN]; Christian Democratic Union or CDU [Azat ARSHAKYN,
chairman]; Constitutional Rights Union [Hrant KHACHATRYAN]; Democratic
Liberal Party/Ramkvar Azatakyan or DL/RA [Ruben MIRZAKHANIAN, chairman];
Law and Unity Party [Artashes GEGAMIAN, chairman]; Law-Governed Party
[Artur BAGDASARIAN, chairman]; National Accord Front [Ashot MANUTCHARIAN];
National Democratic Alliance [Arshak ZADOYAN]; National Democratic Party
[Shavarsh KOCHARIAN]; National Democratic Union or NDU [Vazgen MANUKIAN];
Pan-Armenian National Movement or PANM [Alex ARZOUMANYAN]; People's
Democratic Party [Gagik ASLANYAN]; People's Deputies Group [Hovhannes
HOVHANISSIAN]; People's Party of Armenia [Stepan DEMIRCHYAN]; Republic
Party [Aram SARGSIAN]; Republican Party or RPA [Andranik MARKARYAN];
Shamiram Women's Movement or SWM [Shogher MATEVOSIAN]; Social Democratic
(Hunchak) Party [Yeghia SHAMSHAYN]; Social Democratic Union (formerly
National Self-Determination Union) [Paruyr HAYRIKIAN]; Twenty-first
Century Party [David SHAKHNAZARIAN]; Unity Bloc [Stepan DEMIRCHIAN and
Andranik MARKARYAN] (a coalition of the Republican Party and People's
Party of Armenia); Yerkrapah Union [Manval GRIGORYAN]
Political pressure groups and leaders: NA
International organization participation: BSEC, CCC, CE, CIS, EAPC,
EBRD, ECE, ESCAP, FAO, IAEA, IBRD, ICAO, ICRM, IDA, IFAD, IFC, IFRCS,
ILO, IMF, Interpol, IOC, IOM, ISO, ITU, NAM (observer), OAS (observer),
OPCW, OSCE, PFP, UN, UNCTAD, UNESCO, UNIDO, UPU, WFTU, WHO, WIPO, WMO,
WToO, WTrO (observer)
Diplomatic representation in the US: chief of mission: Ambassador Arman KIRAKOSIAN consulate(s) general: Los [1] (202) 319-1976 chancery: Diplomatic representation from the US: chief of mission: Ambassador John M. ORDWAY embassy: 18 Baghramyan Ave., Yerevan 375019 mailing address: American Embassy Yerevan, Department of [374](1) 521-611, 543-900 FAX: Flag description: three equal horizontal bands of red (top), blue, and orange
Economy Armenia
Economy - overview: 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.