Prosperous Armenia will nominate leader Gagik Tsarukyan for the upcoming presidential elections, the party’s parliamentary group member said.

“Signing of a no new coalition memorandum has been discussed,” Naira Zohrabyan said.

Dwelling on the discussions on the memorandum, Prosperous Armenia MP Vahe Hovhannisyan said, “The document has no relation to the present, after our party resolved against joining the ruling political coalition.”