MARTIN SARGSIAN RE-ELECTED CHAIRMAN OF CHAMBER OF COMMERCE AND INDUSTRY

Noyan Tapan
Apr 13 2006

YEREVAN, APRIL 13, NOYAN TAPAN. Issues related to elections of the
management of the RA Chamber of Commerce and Industry (CCI), amendments
to the CCI Regulations, and approval of the 2006-2010 strategy of
its activities were on the agenda of the 3rd special congress of
the RA Chamber of Commerce and Industry that took place on April
12. CCI Executive Director Samvel Hovakimian told NT correspondent
that the program on construction of a new exhibition center of the
RA CCI to be built in Yerevan, as well as program measures, were
presented during the congress. According to S. Hovakimian, Martin
Sargsian was re-elected Chairman of the RA Chamber of Commerce and
Industry at the congress. Head of the RA CCI Staff Kim Galoyan said
that the amendments to the CCI Regulations were made in compliance
with the new edition (June 2005) of the Law on Chambers of Commerce
and Industry in the RA. According to the new Regulations, the RA CCI
may have honorary members who participate in its activities with
the right of deliberative vote. Besides, it was stipulated that
the RA CCI chairmanship may express no confidence in the regional
CCI chairmans and chairmanships in the event they break their
regulations. In such cases, a congress shall be convened within
two months after no confidence is expressed, with new elections of
chairman and chairmanship to be held. K. Galoyan noted that under
the new edition of the Law on Chambers of Commerce and Industry
in the RA, regional chambers of commerce and industry are reserved
the right to open their offices abroad. Regional CCI may also have
their courts of arbitration, just as the RA CCI. The regulations
and file keeping orders of arbitration courts are approved by the RA
CCI Chairaman. According to the law, term of office of chairmen and
chairmanships of the RA CCI and regional CCI is 5 year instead of the
previous 3-year term of office. Congresses of the RA CCI and regional
CCI shall be convened at least every 5 years instead of every 3 years
as was required previously.