ARKA News Agency – 06/08/2004

ARKA News Agency
June 8 2004

Robert Kocharian and David Harutyunian discuss process of realization
of legal-executive reforms in Armenia

CBA Chairman receives delegation of KFW bank

RA president holds working meeting with representatives of small and
medium business

First instance courts’ newly appointed judges swore to RA Justice
Council

President of National Academy of Sciences of RA Fadei Sargsyan left
for Rostov -on-Don today

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ROBERT KOCHARIAN AND DAVID HARUTYUNIAN DISCUSS PROCESS OF REALIZATION
OF LEGAL-EXECUTIVE REFORMS IN ARMENIA

YEREVAN, June 8. /ARKA/. The President of Armenia Robert Kocharian
and RA Minister of Justice David Harutyunian discussed process of
realization of legal-executive reforms in Armenia. The parties
discussed perspectives of creation of schools for judges’ candidates
that will be activated in 2005. L.D. –0–

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CBA CHAIRMAN RECEIVES DELEGATION OF KFW BANK

YEREVAN, June 8. /ARKA/. CBA Council headed with CBA Chairman Tigran
Sargsian met with the delegation of Kreditanstalt fur Wiederaufbau
bank, headed with the Head of Directors Council Ingrid Matheus Mayer.
Delegation from Germany arrived in Yerevan in the frames of regional
visit and on June 10 it will leave for Georgia.
During the meeting Matheus Mayer noted that the Government of Germany
pays attention to development of middle class and KfW is the largest
Germany banks assisting the development of medium companies.
Sargsian said that RA Government also pays attention to creation of
small and medium business and in this view activity of KfW is very
important for Armenia. He stressed high effectiveness of its
activity, because there are almost no not-returned credits. He also
noted with satisfaction that at the moment CB and KfW conduct works
on creation of fund of deposits insurance.
The parties expressed hope that they will start cooperation in
implementation of concept of development of hypothec credits market
and corporate management. L.D. –0–

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RA PRESIDENT HOLDS WORKING MEETING WITH REPRESENTATIVES OF SMALL AND
MEDIUM BUSINESS

YEREVAN, June 8. /ARKA/. RA President Robert Kocharian held working
meeting with representatives of small and medium business,
President’s press office told ARKA. He said that serious steps on
improvement of general field have been made since the last meeting
the representatives of SMB. He paid attention to conduction of
similar meeting on a regular base. Kocharian said that these meetings
allow having clear understanding of the situation in given field.
Talking about general trends the President stressed that in 2003 the
share of SMB in GDP structure made 38%, which is pretty serious
indicator. “However there are still numerous goals and obstacles
related to activity of certain structures”, Kocharian stressed and
expressed readiness to discuss given issues with the businessmen.
The parties discussed as general issues, so concrete goals. They
noted the necessity of improvement of tax and custom administration,
provision of fair competition.
The President assured that all raised issues will be generalized and
discussed, as well as the way to solve the problems will be found.
According to preliminary estimations of RA Ministry of Trade and
Economic Development, the weight share of small and medium business
in RA GDP will grow by 2% in 2004 and amount to 40%. L.D. –0–

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FIRST INSTANCE COURTS’ NEWLY APPOINTED JUDGES SWORE TO RA JUSTICE
COUNCIL

YEREVAN, June 8. /ARKA/. The newly appointed judges of first instance
courts swore today to RA Justice Council. According to the Press
Service Department of RA President, the judges swore to administer
justice in accordance with the Constitution and laws, to be
impartial, just and humane and to keep high the country’s and court
authority.
As the press release says, Robert Kocharian, the President of RA and
the Head of Justice Council expressed his confidence that the newly
appointed judges will honorably fulfill their duties. L.V. –0–

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PRESIDENT OF NATIONAL ACADEMY OF SCIENCES OF RA FADEI SARGSYAN LEFT
FOR ROSTOV -ON-DON TODAY

YEREVAN, June 8. /ARKA/. Today, Fadei Sargsyan, President of National
Academy of Sciences of RA starts his visit to Rostov-on-Don. As
reported by web channel Don-TR during five days the representatives
of RA to meet with Governor Vladimir Chub, Minister of General and
Professional Education Leonid Kovalev. Also the delegation to meet
the scientists from Rostov, Taganrog, Aksay. They will discuss the
future exchange of students and lectures of universities and joint
projects. T.M. –0–

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