Armenian Ruling Party Names Karen Karapetyan Prime Minister

YEREVAN – The ruling Republican Party of Armenia (HHK) nominated in late September 8, Karen Karapetyan, a former Yerevan Mayor, for the post of Armenia’s Primer Minister, hours after the resignation of Prime Minister Hovik Abrahamyan.

“The Republican Party of Armenia expects the new government to continue the reforms”, said Deputy Chairman of the party, Armen Ashotyan, after a meeting of the HHK Executive Body.

Speaking at the meeting, President Serzh Sargsyan said the party has chose Karapetyan because of his deep awareness of economic issues, the energy sector, Yerevan’s municipal affairs and other fields and given his governance skills and personal traits.

The President also said he expects the new government to embark on sweeping reforms that would “give the new impetus to economic development.”

“The new government of Armenia will be endowed with great freedom and great responsibility”, Sargsyan said. “It must restore the broadest trust in the authorities and find unconventional solutions for our economy and public life, which will bolster Armenia’s positions in the region.”

Karapetyan was born on August 14, 1963. In 1985 he graduated from from the Faculty of Applied Mathematics of Yerevan State University. He has a PhD in economics and has taught at Yerevan State University. He worked as deputy director of Armenergo energy company and later as its CEO, then as deputy energy minister.

He was awarded the medal of “Anania Shirakatsi”. He is married and has three children.

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