ARKA News Agency, Armenia
July 22 2005

ARMENIAN CORRUPTION CONTROL COUNCIL DISCUSSES NUMBER OF ISSUES

YEREVAN, July 22. /ARKA/. The members of the Armenian Corruption
Control Council discussed a number of issues, the Public Relations
and Mass Media Department, RA Government Staff, reports. During the
meeting Chairman of the Central Bank of Armenia (CBA) Tigran Sargsyan
reported on the RA Government’s corruption control strategy for the
CBA and on the actions taken to implement the strategy. He also
reported what has been done by the Council to meet the commitments
Armenia assumed by signing international conventions and agreements.
Sargsyan pointed out that a number of measures were taken during the
period under review to draft bills on Money Laundering Control, on
Settlement System and on Exchange Regulation and Control, as well as
of official explanations of the CBA regulations.
Chairman of the State Commission for Protection of Economic
Competition Ashot Shakhnazaryan also reported on the Commission’s
work under the corruption control strategy, as well as pointed to
some discrepancies in legislation, which are the ground for
corruption risks.
RA Minister of Justice David Harutyunyan reported on the problems of
legislative regulation of the control.
In conclusion, RA Prime-Minister Andranik Margaryan instructed to
place the reports on the Governmental web-site to make them available
for public. A.A. -0–