Pashinyan to resume testimony at parliament select committee on 2020 war next week

 13:52,

YEREVAN, JUNE 20, ARMENPRESS. The next session of the parliamentary select committee probing the causes and course of the 2020 war will take place on June 27 with participation of Prime Minister Nikol Pashinyan.

Pashinyan delivered a speech at the committee on June 20.

During the next session on June 27, lawmakers will have the chance to ask questions to Pashinyan.

“Today’s speech has caused numerous questions that we must include in the question time to receive answers publicly, but if that turns out to be impossible then we will continue the work in the closed format,” chair of the committee Andranik Kocharyan told reporters.

Pashinyan said he will answer all questions at the committee publicly.

“But I assume that there could be questions where I’d have something to add to the public answers, which would be classified. If I find those additions to be classified information, I will ask to do so in a closed format session,” Pashinyan said.

With no medical supplies, blockaded Nagorno Karabakh suspends all non-essential surgeries and other healthcare services

 15:40,

YEREVAN, JUNE 19, ARMENPRESS. All non-essential surgeries and checkups have been put on hold in all hospitals of Nagorno Karabakh (Artsakh), the Nagorno Karabakh Ministry of Healthcare said in a statement. 

The move comes days after Azerbaijan blocked Red Cross medical evacuations that were being carried out amid the blockade of the Lachin Corridor. 

“The two-way movement of patients from Nagorno Karabakh and supplies of medical items and medicine by the International Committee of the Red Cross is completely blocked by Azerbaijan for already five days. Due to the halt of medicine imports, the medicine supplies in the stationary sector have dropped to 40%, and 20% in the outpatient sector. Taking into account the situation, all non-urgent checkups and interventions (surgeries) in all medical facilities are cancelled starting today. Approximately 175 patients with various diagnoses are waiting for the opportunity to be transported to hospitals in the Republic of Armenia for treatment. Patients requiring urgent transportation have cancer and cardiovascular diseases,” the Ministry of Healthcare said, adding that 8 children are hospitalized in the intensive care and neonatal department at the Arevik hospital. Another 8 patients are under intensive care in the Republican Medical Center, three of whom are critically-ill.

Azerbaijani forces use long range shots in targeting Yeraskh, no attempt to advance

 14:37, 14 June 2023

YEREVAN, JUNE 14, ARMENPRESS. The Azerbaijani military is firing long range shots in the direction of Yeraskh and it hasn’t attempted to advance, Deputy Minister of Defense Arman Sargsyan told reporters when asked on the situation in the village.

“There’s no need to panic because we live in a region, a country which seems to have adapted to living in such tense situations. We must be vigilant and confident in any case that our military and security forces are giving and will give an adequate response in case of necessity, however an escalation of the situation isn’t desirable, and we hope that there will be an end to this unconstructive approach by the Azerbaijani armed forces and those circles,” Sargsyan said.

“We are constantly releasing information, and analyzing this information will make the true goal obvious. I think their goal is to create tensions, and thank God we don’t have deaths. I don’t have other details,” he added.

Speaking about the combat readiness of the Armenian military, Sargsyan said that the armed forces have their objectives and these objectives change according to the situation.

“The army is ready and must adequately respond to every such step,” Sargsyan said.

MyInvest: Ameriabank has Launched an Online Investment Platform

 12:07,

YEREVAN, JUNE 16, ARMENPRESS. Ameriabank has launched a new platform, MyInvest, available in MyAmeria mobile application. MyInvest users are able to trade securities online, have real-time access to the investment portfolio, and obtain detailed information about their holdings.

MyInvest is the first platform in the market giving access to 30 international markets with more than 15000 stocks, as well as to Armenian corporate and government bonds, including Eurobonds.

MyInvest platform offers investment opportunities to everyone looking for alternative saving options since the process of trading stocks, bonds and other financial instruments has been simplified. With just a click, investors can place orders to buy or sell stocks, bonds, and ETFs, monitor order status, and track changes in the executed trades/portfolio at any time.

 “Having been one of the most active players in the capital market for years, we have consistently contributed to its development. It is no coincidence that this year Ameriabank has received six awards at the AMX Award ceremony organized by Armenia Securities Exchange and the Central Depository. It is pleasing and binding at the same time. With the launch of MyInvest, we aim to provide an additional incentive and create preconditions for further growth and development of the investment market in Armenia," states Diana Hakobyan, Co-Director on Brokerage and Foreign Exchange Operations of the Trading Department at Ameriabank.

Since June 7, the shares of Team Telecom Armenia have also been available on MyInvest platform. As part of the initial public offering (IPO), Ameriabank is placing 40 million shares of Team Telecom Armenia with the total volume of AMD 8 billion 240 million. Team is the first telecom company to go public in Armenia. Detailed information about the public offering is available here. Investors who purchase shares of Team Telecom Armenia via MyInvest platform, will be able to open a securities account automatically.

Launched in 2022, MyAmeria mobile application has been specifically designed for individuals.

 

Ameriabank CJSC

Ameriabank is a leading financial and technology company in Armenia, a major contributor to the Armenian economy, with assets exceeding AMD 1 trillion. In the course of digital transformation, it has launched a number of innovative solutions and platforms going beyond banking-only needs of its diverse customer base, thus creating a dynamically evolving financial technology space. 

Ameria was the first in Armenia to create ecosystems for both businesses and individuals, which give one-window access to a range of banking and non-banking services, among them - Estate.ameriabank.am, Automarket.ameriabank.am, Business.ameriabank.am. 

As a truly customer-centric company, Ameria aims to be a trusted and secure financial technology space with seamless solutions to improve the quality of life.

Azerbaijan Asks for Postponement of US-Hosted Talks with Armenia


Voice of America
June 8 2023
Nike Ching

The timing of new U.S.-sponsored peace talks between Armenia and Azerbaijan, which had been expected to start Monday, is now uncertain despite the U.S. administration's conviction that direct dialogue between the two nations is key to any stable peace agreement.

"At the request of the Azerbaijani side, the next round of discussions planned to take place next week in Washington D.C. is postponed," Armenia's foreign ministry spokesperson Ani Badalyan said in a statement Thursday on social media. "The public will be duly informed on the new timeframes of the meeting."

Badalyan had previously stated that foreign ministerial talks between Armenia and Azerbaijan scheduled for June 12 would be aimed at stabilizing relations between the neighboring rivals and reaching a peace treaty.

The countries have had a decades-long conflict involving the Nagorno-Karabakh region, which is inside Azerbaijan but populated predominantly by ethnic Armenians.

When asked Thursday whether the talks have been postponed, a State Department spokesman told VOA, "Regarding the date of the next round of talks, we don't have any specific dates to announce at this time."

Experts predict difficult talks whenever they begin, saying there are many obstacles to a durable peace deal between the two countries.

"Even though the [Nagorno-Karabakh] region is recognized as a part of Azerbaijan, the Armenia government will likely not sign a peace treaty with Azerbaijan unless the Azerbaijan government provides assurances about the security and safety of the Karabakh Armenians," said Heather Ashby, acting director for U.S. Institute of Peace's Center for Russia and Europe program.

"Azerbaijan's plan for incorporating Karabakh Armenians into Azerbaijan will play an important role in the peace talks," Ashby told VOA on Thursday.

Armenia's Ministry of Foreign Affairs on June 6 tweeted that Foreign Minister Ararat Mirzoyan and the State Department's principal deputy assistant secretary in the Bureau of European and Eurasian affairs, Dereck Hogan, had "discussed key issues of normalization process" of Armenia-Azerbaijan relations ahead of the talks.

They discussed "border delimitation and security" as well as the "rights and security" of people living in the Nagorno-Karabakh region, the ministry tweeted.

Azerbaijani Foreign Minister Jeyhun Bayramov had acknowledged the coming meetings and the need to prepare an agreement to normalize relations with Armenia, while expressing uncertainty about the duration of the peace process, according to VOA's Azerbaijani service.

At the State Department, deputy spokesperson Vedant Patel told reporters during a briefing this week that the United States looks "forward to hosting another round of talks in Washington as the parties continue to pursue a peaceful future in the South Caucasus region."

"We continue to believe that direct dialogue is key towards reaching a durable and dignified peace," said Patel, while declining to confirm the date that Secretary of State Antony Blinken would host the peace talks.

If the meetings take place next week, they will follow peace talks hosted by the State Department in early May, when Blinken said "tangible progress" had been made toward an agreement.

The top U.S. diplomat said he believed a peace deal was "within sight, within reach" at that time.

Azerbaijani Foreign Minister Jeyhun Bayramov had acknowledged the coming meetings and the need to prepare an agreement to normalize relations with Armenia, while expressing uncertainty about the duration of the peace process, according to VOA's Azerbaijani service.

At the State Department, deputy spokesperson Vedant Patel told reporters during a briefing this week that the United States looks "forward to hosting another round of talks in Washington as the parties continue to pursue a peaceful future in the South Caucasus region."

"We continue to believe that direct dialogue is key towards reaching a durable and dignified peace," said Patel, while declining to confirm the date that Secretary of State Antony Blinken would host the peace talks.

If the meetings take place next week, they will follow peace talks hosted by the State Department in early May, when Blinken said "tangible progress" had been made toward an agreement.

The top U.S. diplomat said he believed a peace deal was "within sight, within reach" at that time.

Armenian Prime Minister Nikol Pashinyan and Azerbaijani President Ilham Aliyev held face-to-face meetings hosted by Blinken on the sidelines of the Munich Security Conference in February.

"For any sustainable peace, the populations of Armenia and Azerbaijan also need to see the value of peace," USIP's Heather Ashby told VOA.

"For 30 years, they have lived through violence and conflict between the two countries. A peace agreement will have a significant impact on the populations of both countries and it is important not to lose sight on how they may respond and accept a treaty."

VOA Armenian and Azerbaijan services contributed to this report.



Armenpress: The Ministry of Defense of Azerbaijan continues to spread disinformation. Ministry of Defense of Artsakh

 21:08, 8 June 2023

YEREVAN, JUNE 8, ARMENPRESS. The message of the Ministry of Defense of Azerbaijan that the units of the Artsakh Defense Army allegedly opened fire on the border between 11:25 and 18:40 on June 8 in the direction of Azerbaijani positions located in the occupied territories of Martuni, Askeran and Shushi regions of the Republic of Artsakh, does not correspond to reality.

As ARMENPRESS was informed from the Ministry of Defense of the Republic of Artsakh, the Ministry of Defense of Azerbaijan, announcing the disruption of the engineering works allegedly being carried out in the direction of Martakert, Martuni, Askeran and Shushi, once again distorts the reality, trying to justify the possible cases of ceasefire violation by its units.

Construction of a new nuclear power plant: who will be Armenia’s energy partner?

June 5 2023


  • JAMnews
  • Yerevan

Construction of a new nuclear plant in Armenia

Armenia plans to build a new nuclear power plant by 2036. Which country will be the energy partner for this project is not yet clear. Cooperation with Russia, the USA and other countries is being discussed. According to the prime minister, the government is studying proposals to understand “which option is more economically viable.”

In 2022 Armenia and Russia signed an interstate agreement to build a power unit with a capacity of 1000-1200 megawatts. But in professional circles they talk about a preference for small modular reactors, which the United States proposes to build.

The operating life of the Metsamor NPP operating in Armenia expires in 2026. The government plans to extend its life by ten years. For this reason, it is planned to complete the construction of a new nuclear power plant in 2036.


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According to the Minister of Territorial Administration and Infrastructures Gnel Sanosyan, there is a lot of work to be done:

“About two years is needed for preparatory work, from 8 to 10 years for construction.”

According to him, it is necessary to understand what capacity the new nuclear power plant should have, and this must be decided by taking into account many factors – not for a short period, but for the next 100 years.

“For example, we must calculate how much electricity we will supply to Iran, whether we will supply it or not, whether we will supply electricity to Georgia. We need to understand what the relations between Armenia and Turkey will be like, whether Turkey will buy electricity from Armenia, because now the eastern regions of Turkey need it,” he said.

According to Sanosyan, it is also necessary to calculate volumes of local consumption to find out what kind of dependence on nuclear power plants is entailed.

Armenia and sanctions against Russia: In 2022, Armenia hoped to completely overcome the negative consequences of the coronavirus pandemic, however, the outbreak of the war in Ukraine has stalled these plans

The construction of a new power unit was first discussed with Russia, in particular with the Rosatom corporation. Russian partners have proposed the construction of a power unit with a capacity of 1000 or 1200 megawatts and there are already preliminary estimates of profitability and a working group that deals with preparatory issues.

Recently it became known that the United States is proposing the construction of small modular reactors. This proposal has not yet been studied from a technical point of view, it may take several months. The Minister of Territorial Administration and Infrastructures assured that by the end of the year the Armenian government would “decide on the issue of capacity.”

UN National Energy Expert in Armenia Ara Marjanyan recalls that, according to the agreement signed with Russia in 2022, it is planned to develop a roadmap within a year to determine the type of reactor and technical parameters.

“Construction will begin at the end of 2024 – beginning of 2025. The construction of a nuclear power unit will cost about 3-5 billion dollars. I think that these are reasonable expenses, Armenia needs to constantly have nuclear generation on its territory,” he told reporters.

“In the near future a delegation from Armenia will travel to the United States to learn more about the possibilities of modular nuclear power plants on site,” the Prime Minister of Armenia said at the end of May.

Pashinyan said that the capacity of modular NPPs is less, for example 70 megawatts, while the capacity of the current one is 400 megawatts:

“Other proposals are problematic for us because they offer a 1,000 megawatt nuclear power plant. And experts say that we have problems with the inclusion of such a powerful station in our energy system.”

According to him, the government intends to develop the nuclear potential of Armenia and “is very actively negotiating with Russia, the United States and third countries.”

The details of the negotiations with the Americans were announced by the Armenian government only after the statement of the representative of the US State Department Maria Longi in the Congress.

“In a number of countries, including Armenia, we are considering the possibility of building small modular nuclear reactors using American technology. This can contribute to energy independence from both Russia and China,” she said.

As the largest solar power plant in Armenia will soon be built, and amid the country’s ambitious plan to increase the share of renewable energy sources, experts are wondering whether nuclear power plants be abandoned

Suren Bznuni, a specialist in nuclear and radiation safety, considers the existence of an “economic justification” and safety issues to be the most important condition for the construction of a nuclear power plant.

He says that it is necessary to build a safe and economically profitable reactor, regardless of whether it is Russian or American. A nuclear power plant with a capacity of 1,000 or more megawatts, in his opinion, will be problematic for Armenia in terms of grid stability.

“Discussing the issue with experts, we came to the conclusion that we need a nuclear power plant with approximately the same capacity as we have now. Large reactors are not attractive from the point of view of high cost, as well as from the point of view of obtaining a large amount of electricity in the future,” he opined.

Small modular reactors, according to Bznuni, can be built as much as there is demand at the moment:

“A high-capacity reactor costs $6 billion, usually during construction costs increase, reaching up to $7 billion. In some countries, the amount has doubled. And the modular reactor costs $500 million, which is quite an acceptable amount for Armenia.”

Energy security expert Artur Avetisyan claims that small modular reactors have an “unprecedented high degree of safety.” And the advantages of such reactors have already been convinced both in the USA and Great Britain, France and other countries.

Avetisyan talks about the political motivation for building a new nuclear power plant. According to him, it consists in joining global energy projects. And with this in mind, the new nuclear power plant should be more powerful than the current one, which will allow Armenia to “have a dominant position in the region”:

“For example, in the northern regions of Iran there is a fairly large demand for electricity in summer, in the southern regions of the Russian Federation – in winter. Buying this electricity in Armenia is more profitable than building new stations.”

Avetisyan does not exclude even the implementation of ambitious projects in the future. For example, he considers it possible to supply electricity produced in Armenia to Europe via cables along the bottom of the Black Sea:

“If we say, let’s build a small nuclear power plant, a big one is not for us, this already means that we are saying to our society: we are a small player, we cannot pretend to be a serious player.”

https://jam-news.net/construction-of-a-new-nuclear-plant-in-armenia/







Armenia and Azerbaijan Hold Continued Peace Talks

May 31 2023
Department of State

We are pleased to see that talks between Armenia and Azerbaijan have continued. As Secretary Blinken said, peace is achievable in the South Caucasus. We recently expressed appreciation for Prime Minister Pashinyan’s commitment to peace, and we welcome President Aliyev’s recent remarks on consideration of amnesty.

Armenia and Azerbaijan’s leaders will meet later this week in Chisinau with our European partners, and we hope that will be a productive step to resolving these issues at the negotiating table and not through violence. Aggressive rhetoric can only perpetuate the violence of the past; constructive dialogue-both public and private-can create peace, opportunity, and hope. The United States stands ready to support the efforts of both parties to conclude a durable and dignified peace agreement.

/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.

Armenia to appoint trade representatives to China, Germany and United States

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 13:34,

YEREVAN, MAY 30, ARMENPRESS. The main mission of the Armenian government is to diversify commercial and economic directions, have better partnership with Arab, European, American and Asian markets with the goal of building multilateral and diversified economic relations, Minister of Economy Vahan Kerobyan said on May 30.

Speaking at parliamentary discussions on the budget report, the minister said that the Armenian government will soon appoint trade representatives to China, Germany and the United States. At this moment Armenia has trade representatives only in Iran and the World Trade Organization.

Trade with Iran doubled since the trade representative was appointed two years ago.”We believe this is a good indicator. But you also know that there are rather many constraining circumstances for further developing trade with Iran, the reasons are both objective and subjective. But we are now planning to appoint trade representatives in China, Germany and the United States and develop turnover with these countries as well,” Kerobyan said.

Speaking about the possibility of having a trade representative in Russia, Kerobyan said the work with the Russian market has a different nature. “We are rather open towards all Russian businessmen who are interested in relations with Armenia and we are trying not to focus on a single person or institution. The work there is diversified,” Kerobyan said.

People have faith and optimism in Armenia’s future, says PM citing home construction data

 11:24,

YEREVAN, MAY 29, ARMENPRESS. 55,000 apartments are currently under construction in Armenia, Prime Minister Nikol Pashinyan said on May 29.

“Today, fifty five thousand apartments are in the most various stages of construction in the Republic of Armenia,” Pashinyan told lawmakers at a joint committee session for preliminary debates of the 2022 government budget report.

“I believe this to be a highly important social, economic and even political indicator. This means that people have faith and optimism in Armenia’s future, otherwise the investments of this many billions in apartment construction doesn’t have any other interpretation,” he added.