Armenian lawmakers elected Armen Sarkisian as the new president of Armenia. He will succeed Serzh Sarkisian. Armen Sarkisian was the ambassador to the United Kingdom.
He will assume presidential duties after his predecessor steps down in April 2018. The political shift comes after President Sarkisian in 2015 initiated controversial constitutional amendments to turn the impoverished Moscow-allied country into a parliamentary republic with a powerful Prime Minister.
Source- AIR World Service
Static/Current Takeaways Important for Canara Bank PO 2018 Exam-
- Armenia Capital- Yerevan, Currency- Armenian dram.