Statement Council of Defense of Samvel Karapetyan regarding initiation of Investment Arbitration against the Republic of Armenia over Expropriation of Electric Networks of Armenia - Armenian - 12 August 2025
Country
Year
2025
Summary
On 11 August 2025, Mr. Samvel Karapetyan and his family formally initiated international arbitration proceedings, seeking to hold the Republic of Armenia liable for its takeover of CJSC "Electrical Networks of Armenia" (ENA).
The case is brought under the Agreement for the Promotion and Reciprocal Protection of Investments signed by the Republic of Armenia and Cyprus on 18 January 1995.