The rights certified by the 6.8% shares of the Zangezur Copper and Molybdenum Combine have transferred to the fiduciary management of the Armenian National Interests Fund (ANIF). The respective decision was taken at Wednesday's Cabinet session of the government.

Deputy Chief of Prime Minister's Staff, Bagrat Badalyan, stated that Armenia had received 188,947 common shares of the Zangezur Copper and Molybdenum Combine as a donation from AMP Holding.

"They make up 6.8 percent of the total number of shares of the combine. The authority to manage them has been assigned to the Armenian Prime Minister's Office. It is proposed to hand over the shares to the Armenian National Interests Fund based on the fiduciary management agreement, preserving the ownership rights of the state over the shares," added Badalyan.

According to him, ANIF is a commercial organization with 100-percent state ownership, and one of its mandates is the effective representation of the state—as the owner—in the strategic assets of the state.

Prime Minister Nikol Pashinyan, for his part, stated that on September 30, 2021, the Armenian government had received a 15-percent share from the Zangezur Copper and Molybdenum Combine as a donation, and now they have received 6.8 percent of its shares—and again as a donation.

"The [Armenian] government has a 21.8-percent share [of the Zangezur Copper and Molybdenum Combine], which is a very important event. I made such a pre-election pledge in 2021, in Kapan [city], and I am happy to record that this pre-election pledge has also been fulfilled," added Pashinyan.