$50 million to be invested into Armenian economy

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 14:29,

YEREVAN, OCTOBER 18, ARMENPRESS. The “Entrepreneur + State Anti-Crisis Investments Fund” managed by ANIF’s subsidiary, will invest USD 4 million in the EU-Armenia SME Fund (hereinafter: the Fund) supported by the European Bank for Reconstruction & Development (EBRD) and the European Union and managed by Amber Capital Armenia. The committed capital of the Fund will hence reach the target size of USD 50million, which will be invested directly into the Armenian economy. The goal is to make equity investments in private companies operating in the Republic of Armenia to support business expansion plans.

FMO ,the Dutch entrepreneurial development bank, has also committed USD 7 mln to the Fund. FMO invests in the fund to support building the PE industry in Armenia, which in turn will help to make financing available for SMEs and facilitate the creation of jobs (SDG8).

CEO of ANIF, David Papazian, said: "Today there are almost no alternative business financing tools in Armenia, such as private equity funds. Our subscription is of strategic importance, as it takes place along a subscription by a strategic European investor such as FMO. The investment is especially valuable for ANIF taken into account the contribution to the development of the Armenian economy, as well as its capital markets”.

Managing Partner of Amber Capital Armenia Anush Simonyan said: "We would like to thank ANIF for this investment. We believe it reflects the trust in the EU Armenia SME Fund, and lays foundation for a long-term mutually beneficial partnership between Amber Capital and ANIF."

Authorities deny reports on surrendering Mount Pela in Syunik to Azerbaijan

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 16:58,

YEREVAN, OCTOBER 18, ARMENPRESS. Armenian authorities are denying media reports which claimed that the Mount Pela in Syunik Province is being surrendered to Azerbaijan.

“In response to some media reports claiming that Kapan’s Mount Pela has been surrendered to Azerbaijan, the National Security Service of Armenia is informing that no positional changes have taken place in the area called Mount Pela in the Syunik Province and the Armenian Border Guards continue conducting border protection in the mentioned part,” the National Security Service said in a statement.

Editing and Translating by Stepan Kocharyan

Foreign Minister of Belarus V.Makei meets the Foreign Minister of Armenia

Ministry of Foreign Affairs of the Republic of Belarus 
Oct 17 2021



 

On October 15, 2021 the Minister of Foreign Affairs of the Republic of Belarus, Vladimir Makei, met with the Minister of Foreign Affairs of the Republic of Armenia, Ararat Mirzoyan.

During the talks, the Foreign Ministers of the two countries discussed the entire spectrum of Belarusian-Armenian cooperation, interaction in integration structures, current challenges to global and regional stability and security. Special attention was paid to the issues of mutual support at the international platforms.

The sides reached an agreement to intensify the political dialogue between Belarus and Armenia, as well as scheduled contacts at various levels.



Karabakh war veterans claim difficulties with employment in Azerbaijan

Caucasian Knot, EU
Oct 15 2021

Veterans of the Karabakh war and family members of the killed soldiers and officers are offered by the Azerbaijani authorities the low-paid jobs as builders and waiters, and owners of cars and land plots are refused to be recognized as unemployed, participants of the combat actions in Nagorno-Karabakh complain.

Reserve Captain Khalid Agali was engaged in human rights activities before being drafted to the front, and after completing his service, he returned to his previous job. Meanwhile, three of his fellow countrymen from the Djalilabad District could not find job, Khalid Agali told the “Caucasian Knot” correspondent.

Bilal Abbasov, a resident of the Ilisu village in the Gakh District, a son of farmer Movlud Abbasov, shares his dissatisfaction that people with secondary education who returned from the war are offered working professions with low wages within the veteran employment programme.

“The guys who served together with me have been offered to work at construction sites and as waiters. They are not against, but they are paid little there. Besides, participants of the war do not consider it worthy to serve restaurant visitors. War veterans want to be accepted into government service,” Bilal Abbasov told the “Caucasian Knot” correspondent.

After returning from the war, Senior Lieutenant Vyusal Azaev was looking for a job in his native Saatli District. The man said that he saw how war veterans who applied to an employment agency were refused because they owned land plots on which, as officials believed, they could earn their living being engaged in agricultural activities. According to the employment agency’s rules, only citizens who do not have a land plot or a car may be granted the status of unemployed, otherwise officials suggest that a person can earn money by farming and taxing, Vyusal Azaev has told the “Caucasian Knot” correspondent.

This article was originally published on the Russian page of 24/7 Internet agency ‘Caucasian Knot’ on at 12:57 pm MSK. To access the full text of the article, click here.

Author: Kyamal AliSource: CK correspondent

Source: 
© Caucasian Knot

Vladimir Putin to CIS: Russian peacekeepers – guarantors of peace in Karabakh

Vestnik Kavkaza
Oct 15 2021
 15 Oct in 14:20

Russian peacekeepers stand as guarantors of the ceasefire in Nagorno-Karabakh, Russian President Vladimir Putin said on Friday at a meeting of the Council of Heads of State of the CIS (Commonwealth of Independent States).

"The Russian peacekeepers stand as guarantors of the established ceasefire. We are providing assistance by delivering humanitarian cargo and carrying out mine clearance, and, I want to emphasize, [we are helping] both sides. In Azerbaijan, as well as in Armenia, life support systems are being restored, medical assistance is being provided to the population, tens of thousands of refugees, over 52,000 people, have returned to their homes," Putin noted.

The Russian president pointed out that the CIS countries sometimes face disagreements and contradictions. "And it is bad when these contradictions result in sharp conflicts between CIS member states as it, unfortunately, happened last year in Nagorno-Karabakh," he stated. Putin also expressed gratitude to his CIS colleagues for appreciating Russia's contribution to resolving the conflict.

Furthermore, Putin said that Russia upheld the draft statement, prepared on Belarus’ initiative amid the 30th anniversary of the CIS, which took stock of the main results of the organization's activities and defined some long-term tasks for its further development. "Indeed, over three decades, the CIS has come a long way, establishing itself as an authoritative regional integration association, where the member states strive to build relations on the principles of good-neighborliness, partnership, mutual benefit and consideration of each other’s interests," the Russian leader stressed.

The president commented on the situation around Karabakh with the saying "a bad peace is better than a good war".

However, according to the president, the crucial thing is that the member states "have managed to preserve, and in some ways, to enhance the economic, social, cultural and humanitarian ties, which have been accumulated over many years of living in a single state," Putin concluded.

Opposition ‘Armenia’ alliance issues statement

News.am, Armenia
Oct 15 2021

The Azerbaijani Armed Forces continue to commit gross violations of the ceasefire regime established through the trilateral statement signed on November 9, 2020, and even a number of Armenian servicemen have received injuries. This is stated in the statement issued by the opposition “Armenia” alliance.

“The undignified policy that the authorities of Armenia are leading after the 44-day war that began on September 27, 2020 is not preventing the gross violations of the universal principles of international humanitarian and international law that the Azerbaijani authorities continue to commit.

The constant de facto unilateral peace-loving calls and the failure to respond to aggressive statements aren’t helping establish real and dignified peace.

By using the toolkit in the National Assembly, “Armenia” alliance will take all the possible measures to receive answers to specific questions regarding the mentioned incidents and the tense situation on the borders of Armenia in general and will even hold a discussion on an urgent topic in order to ensure fulfillment of the duty to be held accountable to the people,” the statement also reads.

Azerbaijan returns one more captive to Armenia – Deputy PM

Public Radio of Armenia
Oct 6 2021

The Azerbaijani side has returned one more captive to Armenia, Deputy Prime Minister Suren Papikyan said at the Q&A session at the National Assembly.

“Artur Davtyan, who had crossed the Artsakh border on August 22, 2021, has already returned to Armenia,” Papikyan said.

According to the Deputy PM, the Armenian authorities are doing their best to ensure the return of all captives.

Sports: 2022 World Cup qualification: Iceland 1-1 Armenia

Public Radio of Armenia
Oct 9 2021

Armenia played a 1-1 draw with Iceland in a 2022 FIFA World Cup qualifier.

Kamo Hovhannisyan opened the score in the 35th minute.

Isak Bergmann Johanesson made it 1-1 in the 77th minute.

Armenia will next face Romania on October 11.

Armenia are currently third in Group J with 12 points. Germany are group leaders with 18 points.

Central Bank of Armenia: exchange rates and prices of precious metals – 05-10-21

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 17:47, 5 October, 2021

YEREVAN, 5 OCTOBER, ARMENPRESS. The Central Bank of Armenia informs “Armenpress” that today, 5 October, USD exchange rate down by 0.65 drams to 484.67 drams. EUR exchange rate up by 0.32 drams to 562.27 drams. Russian Ruble exchange rate up by 0.03 drams to 6.67 drams. GBP exchange rate up by 5.13 drams to 660.12 drams.

The Central Bank has set the following prices for precious metals.

Gold price up by 146.68 drams to 27340.28 drams. Silver price up by 11.79 drams to 347.65 drams. Platinum price down by 222.69 drams to 14803.38 drams.

Speaker of Parliament Alen Simonyan visits Russia

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 10:41, 4 October, 2021

YEREVAN, OCTOBER 4, ARMENPRESS. Speaker of Parliament Alen Simonyan is leading a delegation to Russia on an official three-day visit.

Speaker Simonyan will have meetings with FM Sergei Lavrov, Chairman of the State Duma Vyacheslav Volodin and Chairwoman of the Federation Council Valentina Matviyenko.

A visit to the Russian Diplomatic Academy is also planned, where discussions with students and academic staff will take place.

The delegation will also meet with Archbishop Yezras Nersisyan, the Prelate of the Diocese of Russia and New Nakhijevan of the Armenian Apostolic Church.

A meeting with representatives of the Armenian community of Russia will also take place.

Editing and Translating by Stepan Kocharyan