Armenian Speaker, Premier Join Board Of Major Fund

ARMENIAN SPEAKER, PREMIER JOIN BOARD OF MAJOR FUND

Public Television of Armenia, Yerevan
19 Jun 07

[Presenter] The Hayastan All-Armenian Fund is marking its
anniversary. For the past 15 years, the fund has implemented projects
worth 165m dollars.

They have contributed to the reconstruction and development of the
infrastructure in Armenia and Artsakh [Nagornyy Karabakh] as well as
helped implement social, cultural and scientific projects.

At the government’s House of Receptions, the 16th meeting of the
board of trustees opened today [19 June] after a blessing by the
Armenian catholicos.

The board of trustees unanimously voted to include National Assembly
[parliament] President Tigran Torosyan and Prime Minister Serzh
Sargsyan in the board based on their positions. The proposal was made
by President Robert Kocharyan, who is the chairman of the board of
trustees. In recent years, the fund has been sponsoring the Artsakh
Resurrection Project, the goal of which is to promote the economic
growth of Karabakh. In 2006, 47 projects, worth 40.2m dollars, have
been implemented. Armenia’s participation has also been significant
in the fund’s projects – about 80 projects, worth 22.82m dollars,
have been implemented.

[President Robert Kocharyan, addressing the meeting of the board of
trustees] I remember the period when the fund was established. It
was major progress, of course. There was great enthusiasm, romantics
then. All this has been transformed now into a better organized
structure, a more pan-Armenian [indistinct] structure, which has proved
over the past 15 years to be is a national treasure. This is the most
representative structure, and probably the most effective organization
among all the organizations of this type. Every time when participating
in the work of the fund, I am proud that I am not only the chairman of
the board of trustees of this structure but also an active participant,
and I believe that we all should have this feeling of pride. A lot
of work has been done and looking back the work looks more impressive.