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Ruben Vardanyan Officially Appointed Artsakh State Minister

Artsakh President Arayik Harutyunyan signed a decree today officially appointing Ruben Vardanyan as Minister of State. He replaces Artak Beglaryan who served as state minister since June 2021.

Vardanyan will coordinate the work of the following ministries: Ministry of Health, Ministry of Justice, Ministry of Foreign Affairs, Ministry of Agriculture, Ministry of Education, Science, Culture and Sports, Ministry of Social Development and Migration, Ministry of Territorial Administration and Infrastructures, Ministry of Urban Development, Ministry of Finance and Economy.

Vardanyan, a businessman with ties to Russia, announced his intention to move to Artsakh in September, saying he planned to create a social movement to save what remains in Armenian hands following the 2020 Artsakh war.

The post of State Minister of Artsakh was established in 2017 after constitutional amendments abolished the post of prime minister.

Vardanyan is best known for establishing the UWC Dilijan College, the Idea Foundation, and the Armenia 2020 project. He cofounded the investment company Troika Dialog in the early 1990s. He and his managers sold Troika Dialog to the Russian state-owned Sberbank for $1.4 billion. In 2014, he founded Vardanyan, Broitman and partners, an investment company serving the ultra-wealthy.

When he announced his move to Artsakh, Vardanyan said the Armenians of Artsakh feel abandoned and forgotten in the post-war period and they need the support of all Armenians.

Vardanyan said Armenian authorities do not have the resources or the desire to solve Artsakh’s problems and that Armenians must unite to develop the country.



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