ACP GUIDED BY THE STRICTEST REQUIREMENTS OF THE LAW IN TEGHUT PROJECT

ArmInfo
2009-05-07 15:12:00

ArmInfo. When calculating the environmental damage as a consequence
of implementation of the project on development of the Teghut
copper-molybdenum deposit, the Armenian Copper Project (ACP) was
guided by the strictest requirements of the law, even if they didn’t
directly concern the project.

ACP official representative made such statement when commenting on
ArmInfo’s article entitled "SOS Teghut holds a protest action in
front of VTB Bank (Armenia) against crediting the Teghut project".

Official representative of ACP disagrees with the position of
ecologists, who point out that the environmental risks in the ACP
project submitted for consideration of Government are marked down for
several times, and development of the Teghut deposit runs counter to
Armenia’s legislation and international conventions. Concerning this,
ACP representative said that representatives of some NGOs came out with
similar accusations in their speeches earlier as well. Such opinions
were discussed at various public hearings where the representatives
of the Armenian Copper Program CJSC gave irrefragable answers to the
questions on this problem.

If the project on development of the Teghut copper-molybdenum
deposit really contained any violations of the Armenian legislation or
international conventions, the authors of the critical statements would
have mentioned specific points in the project and the company’s actions
which violate specific requirements of specific laws. "Instead, we deal
with abstract ungrounded declarations about violations. Actually, when
calculating the environmental damage as a consequence of implementation
of the project on development of the Teghut copper-molybdenum deposit,
the company was guided by the strictest requirements of the law,
even if they didn’t directly concern the project. Any violations of
the Armenian legislation, Armenian Constitution or international
conventions ratified by Armenia are out of the question",- the
statement of ACP says.