RA Ombudsman: need strict separation between business and power

PanARMENIAN.Net

RA Ombudsman: there should be a strict separation between business and
power in Armenia
10.03.2009 16:38 GMT+04:00

/PanARMENIAN.Net/ `It’s time to create a free society in
Armenia. There should be a strict separation between business and
power in Armenia, by forming separate business and political elites,’
RA Ombudsman Armen Harutyunyan specified in his 2008 Report on Human
Rights Protection.

`Oligarchic network should be abolished. A one-person combination of
statesman, official and entrepreneur could liken the modern times
relations in Armenia to those of feudal times. To create free civil
society, the RA Government must resign control over economy resources
and stop imposing decisions in this sphere.’

According to Harutyunyan, oligarchic network of Armenia should
acknowledge the superiority of law and enter the field of
taxation. `We suggest a compromise which will enable establishment of
free economic relations in the country. Until then it’s pointless to
speak of human rights protection,’ the Ombudsman stated.

Armenian PM stresses economic ties with UAE

WAM – Emirates News Agency
March 8 2009

Armenian PM stresses economic ties with UAE

Mar 8, 2009 – 03:09 –

WAM Yerevan, March 08th, 2009 (WAM)–Armenian Prim Minister Serj
Sarkisian, has stressed that his country was keen to bolster bilateral
relations with UAE, particularly in the economic, trade and investment
areas.

Meanwhile, the delegation accompanying UAE Foreign Trade Minister HE
Sheikha Lubna Al Qasimi, lauded fruitful results of the visits to
Armenia and Russia.

On her part, Sheikha Lubna said that it was possible to upgrade
cooperation between the two countries through exchange of ideas and
proposals to strengthen the trade, economic and investment ties.

The Armenian PM, who held banquet in honour of Sheikha Lubna, said his
country was looking forward to further boost the relations with the
UAE in all fields, particularly in the economic and trade areas,
adding that "both countries share interest to exchange visits of
businesspersons and investors given huge investment opportunities in
the two countries".

WAM/MN
vlet/Satellite?c=WamLocEnews&cid=1235660875627 &p=1135099400124&pagename=WAM%2FWamLocEnew s%2FW-T-LEN-FullNews

http://www.wam.org.ae/ser

Armenia needs development of futures market and retaining of budget

PanARMENIAN.Net

Armenia needs development of futures market and retaining of budget
expenditures
09.03.2009 16:20 GMT+04:00

/PanARMENIAN.Net/ `Development of futures market is very important to
CBA currency and financial policy,’ ARF Dashnaktsutyun representative
Artsvik Minasyan told a news conference on Monday. According to
Minasyan, the absence of futures market caused CBA to undertake
drastic steps. `The presence of liability market could promote
positive expectations in society. People would know when and what
currency they should purchase.’
Despite the financial crisis, Armenia’s situation is not that
difficult, so we don’t need state budget sequestration,(
i.e. expenditures decrease). RA Government should increase social
programs’ expenditures and apartment construction to strengthen the
country’s economy. `At present we mustn’t revise the budget, as the
rate of tax proceeds is not as bad as it was described to be’ Artsvik
Minasyan stated.

Int’l Alert to organize the 3rd Armenian-Azerbaijani Pubic Peace For

PanARMENIAN.Net

International Alert to organize the Third Armenian-Azerbaijani Pubic
Peace Forum
07.03.2009 11:59 GMT+04:00

/PanARMENIAN.Net/ The Third Armenian-Azerbaijani Pubic Peace Forum
underpinning the peaceful resolution of the Nagorno-Karabakh conflict
will take place in Vienna on 24-27 March. The topic of the forthcoming
Forum will be: Security: Challenges and Opportunities, and Mechanisms
for Building Confidence. The Forum was launched with an aim to create
a space in which experts and civil society leaders from across the
conflict divide can discuss issues relating to the peaceful resolution
of the Nagorno-Karabakh conflict.

`The forthcoming meeting of the Forum is responding to the growing
sense of insecurity in the region and will try to develop shared ideas
for mechanisms and measures that could contribute to building
confidence between societies,’ the representative of International
Alert, Dessislava Roussanova told PanARMENIAN.Net reporter.

During the course of 4 days the delegations will work in working
groups as well as in plenary sessions with the aim to develop shared
ideas regarding approaches and initiatives that could contribute to
confidence building between societies across the Nagorno-Karabakh
conflict divide. The ideas and the recommendations of the Forum will
be made public.

Fresh push on ‘genocide’ law threatens ties with Turkey

Fresh push on ‘genocide’ law threatens ties with Turkey
By Daniel Dombey in Washington and Delphine Strauss in,Ankara

FT
March 6 2009 02:00

The US Congress is renewing a push on legislation that Turkey has
warned could devastate Washington’s ties with one of its staunchest
Nato allies.

Sponsors of a resolution branding the Ottoman empire’s 1915-1923
massacres of Armenians as genocide have begun gathering backers for the
measure, which has long been supported by Barack Obama, US president.

Ankara, which has frequently warned that the legislation could endanger
both Turkish-US and Turkish-Armenian relations, halted an attempt to
pass the legislation in 2007 after calling into question US use of its
Incirlik airbase.

Mr Obama is confronted with a choice between breaking a campaign pledge
or risking long-standing defence ties with a strategic ally.

Ali Babacan, Turkish foreign minister, said this week that Ankara would
take a "positive" approach if Washington asked for help in its exit
from Iraq. The US also wants more assistance from Turkey in
Afghanistan. A Turkish delegation is in Washington to hammer home the
message that the genocide resolution is "unacceptable" and would
inflame public opinion.

Turkey’s leaders are expected to raise the issue with Hillary Clinton,
US secretary of state, when she visits Ankara tomorrow. They are likely
to argue that passing the resolution would also derail a drive to mend
relations between Turkey and Armenia, including moves to open the
border.

Mr Babacan says settlement is closer than at any point since 1915.

Members of Congress say US frustration with recent Turkish behaviour
raises the chances of the resolution going through. In particular, the
denunciation by Recep Tayyip Erdogan, Turkey’s prime minister, of
Israel’s Gaza offensive has angered Jewish and pro-Israel groups that
supported Turkey behind the scenes in 2007.

Mr Obama promised during his election campaign "to recognise the
Armenian genocide" were he to become president – a step that would have
more impact than the House of Representatives’ resolution.

Samantha Power, one of Mr Obama’s closest foreign policy advisers and
author of a book on genocide, also supports such recognition.

A key moment will come on April 24, the official day of remembrance,
which in previous years has seen former presidents Bill Clinton and
George W. Bush refer respectively to "the deportations and massacres"
and the "annihilation" of 1.5m Armenians.

But congressional backers of the resolution say they will formally
introduce it before then.

"I don’t think it serves our interests well to be complicit in Turkish
denial of something that is historical fact," said Adam Schiff, a
Democratic member of the House and one of the measure’s chief sponsors.

Turkey denies systematic killings, and maintains thousands of Turks
also died during the violent disintegration of the Ottoman empire.

The US state department has always fought the resolution, fearing its
impact on relations with Turkey.

Discussing the 1915 massacres is no longer the taboo it once was in
Turkey, but the "G-word", as Turkish diplomats refer to it, still
provokes official outrage and a visceral reaction from nationalists.

A foreign ministry spokesman said Turkey expected "third parties" to
avoid making talks with Armenia more difficult, but added: "There are
no assurances in life."

Mark Stephen Kirk, a Republican backer of the resolution who denounces
the use of millions of dollars of Turkish "taxpayers’ money" for
"foreign lobbyists" fighting the measure, says the Incirlik base is
less important now that the Obama administration plans to keep up to
50,000 troops in Iraq until the end of 2011.

But the administration says Incirlik is still significant for
operations in Iraq – while acknowledging it has yet to make up its mind
on the genocide resolution.

"Incirlik airbase has all the time been an important transit hub," says
a senior state department official. But his comments on the genocide
resolution were much more cautious than the Bush administration’s
admonitions against it.

ARMENAL Foil Rolling Mill Is Up And Running At Full Capacity

ARMENAL FOIL ROLLING MILL IS UP AND RUNNING AT FULL CAPACITY

ArmInfo
2009-03-04 11:19:00

ArmInfo. OC RUSAL, the biggest producer of aluminum and alumina oxide
in the world, informs about running of ARMENAL foil rolling mill
(Armenia) at full capacity of 25,000 tons.

According to the source, the volume of the annually produced output at
the enterprise has been increased 1,5 times since December, 2008, that
has become possible due to complex upgrading of the basic equipment
and assimilation of up-to-date foil production technologies. Since
early, 2007, after completion of complex upgrading, ARMENAL has
produced and sold about 30,000 tons of finished products. ‘A new
process policy has been developed and implemented at the enterprise,
the labour discipline has been much improved, as well as backgrounds
have been created for further assimilation of the upgraded equipment
design capacities and serious work has been performed on improvement of
the organizational structure, the forms and methods of the personnel
motivation and staff deployment – in short, the bases of a long-term
success have been laid’, Director General of ARMENAL Sergey Borovik
said. Considerable enhancement of efficiency of the work of ARMENAL
is testified by reduction of the prime cost of metal processing by
42% in December, 2008 as compared with July, 2008. Improvement of
the production indicators was also followed by almost 13% growth
of salary in the second half year, 2008, as compared with the first
half year. This was achieved due to change of the labour payment fund
structure and optimization of the personnel number.

At late, 2008, a delegation of the biggest European traders visited
ARMENAL to get acquainted with the improved production technology
and the foil quality. Upon the results of the meeting, the experts
concluded that the enterprise’s production meets the international
requirements. At present, the mill production is tested for compliance
with the specific requirements of the European clients, and positive
assessments have already been received. The enterprise’s products
will be supplied to the Near East and African countries, besides the
USA and EU states, in the near future.

Despite the world reduction of demand for the primary aluminum, the
foil-rolling products is still in demand in almost all the fields
of application. Running of ARMENAL at full capacity will allow the
Packing Division of RUSAL to meet the demand in foil-rolling products
which grows also because of reduction of the foil production volume
in Northern America.

It is also scheduled to increase production of an ultra-fine foil
with width of 7- 9 mkm which is strongly sought-for.

ARMENAL foil rolling mill was founded in May 2000 as part of the
Kanaker aluminum smelter. It is one of the biggest production
facilities in Armenia and is the only producer of aluminum foil in
the Caucasus and Central Asian regions.

On May 18th, 2000 the mill was integrated into United Company RUSAL
and in January 2003, the Armenian government and United Company RUSAL
signed an investment cooperation agreement, under which United Company
RUSAL acquired a 26% share and undertook modernization of the mill.

Together with two other foil mills, Sayanal in the Russian republic
of Khakasia and Urals Foil, ARMENAL forms the company’s Packaging
Division. The mill employs over 800 people. RUSAL is the leader in
the world aluminum industry. It occupies nearly 12% of world aluminum
market. RUSAL employs 90000 people. It is represented in 19 countries
on 5 continents.

ANKARA: Armenia Reschedules Regional Meeting To Accommodate Turkey

ARMENIA RESCHEDULES REGIONAL MEETING TO ACCOMMODATE TURKEY

Today’s Zaman
March 4 2009
Turkey

Armenia has rescheduled a foreign ministerial meeting of Black Sea
countries, apparently as a goodwill gesture to ensure Turkish Foreign
Minister Ali Babacan will be among the participants, diplomatic
sources have said.

Armenian authorities moved the date of the Organization of the Black
Sea Economic Cooperation (BSEC) meeting from the previously announced
April 29 to April 16. The shift is significant because April 29 is
only a few days after April 24, which Armenians claim marks the
beginning of a genocide campaign against Anatolian Armenians in
the early 20th century. April 24 is also the day when US presidents
release a traditional message to commemorate the Armenian killings.

Armenian-American groups expect President Barack Obama to break with
presidential tradition and use the word "genocide" in his message this
year, given the strong promises he made to Armenian-American voters
during his election campaign that he would endorse the genocide claims.

Turkey is concerned that any US move to acknowledge the genocide
claims would deal a heavy blow not only to Turkish-US ties but also to
ongoing efforts to normalize relations with neighboring Armenia, with
which Turkey has had no formal ties since 1993. Ankara wants a change
in Yerevan’s policy toward the genocide recognition campaign under
way around the world before normalizing its ties with Armenia. Other
conditions posed by Turkey are peace between Armenia and Azerbaijan and
formal Armenian recognition of its current borders with Turkey. Foreign
Minister Babacan said in an interview with Today’s Zaman this week
that Turkey and Armenia were closer than ever to resolution of their
dispute. Turkish and Armenian diplomats have been holding closed-door
meetings on restoration of ties since a landmark visit by President
Abdullah Gul to Yerevan in September.

Turkish officials have refrained from discussing whether Babacan will
attend the BSEC meeting. Although Ankara has a high opinion of BSEC
and wants to revitalize it as an influential regional consultation
mechanism, Babacan’s participation in the group’s next meeting in
Yerevan will still depend on Armenia’s commitment to the ongoing
rapprochement process and on the course of closed-door talks with
Armenia, officials say. The same officials also make it clear that
Turkey has made no request for the foreign ministerial gathering to
be rescheduled.

Armenian Foreign Minister Edward Nalbandian traveled to Ä°stanbul to
attend the previous BSEC meeting held there. Nalbandian said then
that his country wanted to invite Babacan to the next BSEC meeting
in Yerevan. It is not clear whether a formal invitation for Babacan
has yet arrived.

Before the foreign ministerial gathering, BSEC countries are due
to hold ministerial-level working meetings also in Yerevan. The
energy ministers of BSEC countries will meet on March 13, while
the transportation and agriculture ministers will gather on March
27 and April 10, respectively. This means other Cabinet ministers
may visit Yerevan before Babacan. Diplomatic sources do not rule
out the prospect of ministerial visits to Armenia, underlining the
importance Turkey attaches to the BSEC functioning effectively. Turkey
has traditionally favored senior-level attendance at BSEC meetings,
and sources say Ankara is unlikely to scale down its role in BSEC
because of problems with Armenia.

Baku Won’t Participate In Yerevan BSEC Events

BAKU WON’T PARTICIPATE IN YEREVAN BSEC EVENTS

PanARMENIAN.Net
03.03.2009 21:48 GMT+04:00

/PanARMENIAN.Net/ The Azerbaijani delegation is not visiting Yervan
where a number of cultural events is going to be held within the
framework of Armenia’s Black Sea Economic Cooperation Chairmanship
(BSEC), reports "Novosti-Azerbaijan"

Within the framework of Armenia’s BSEC chairmanship a round-table will
be held in Yerevan on March 4-5 "Protection and Restoration of BSEC
Cultural and Historic Monuments, " exhibitions of BSEC countries’
painters will be opened at the National Picture Gallery of Armenia
and the Natioanl Centre of Aesthetics presenting children’s works
under the heading "Sunny sky for the Black Sea."

Screenings of documentaries on protection and restoration of cultural
and historical monuments in the BSEC member states will also be held.

Aronyan’s Chances Are Low

ARONYAN’S CHANCES ARE LOW

A1+
[12:15 pm] 03 March, 2009

Armenian chess master Levon Aronyan lost the chance of winning in the
chess competition taking place in Linares. In the 10th round of the
competition, the Armenian chess player lost to Azeri Temur Rajabov
with black figures and is already behind the leading chess player by
1.5 points.

There are four rounds remaining and Aronyan is at 5th place. The
defeat in the 10th round made it difficult for the player to reach the
top. Alexander Grishchuk from Russia heads the table. He faced-off
with Ukrainian Vasili Ivanchuk in the 10th round and took a step
further towards victory. Indian chess player Vishvanatan Anand was
not able to win Cuban Leinier Dominguez with the white figures. The
match was tied and the world champion is at 4th with 5 points. Magnus
Carlson lost to Chinese Vang Tsiu and this was a shock for everyone.

Levon Aronyan still has a chance to improve his score in the upcoming
four rounds. He will compete against lower ranking chess players
Dominguez and Vang Tsu. After that, Aronyan will go against leading
chess players Vasili Ivanchuk and Alexander Grishchuk.

Central Bank of Armenia returns to floating exchnage rate

CENTRAL BANK OF ARMENIA RETURNS TO FLOATING EXCHNAGE RATE
Hasmik Dilanyan

"Radiolur"
03.03.2009 13:07

"The economic system of Armenia is stable, sufficiently capitalized
and is ready to resist the future challenges of the crisis," the
Board of Directors of the Central Bank of Armenia stated.

Taking into consideration the continuous worsening terms of trade and
slowing capital inflows in the current stage of the global financial
crisis, the CBA Board decided to limit currency interventions and
return to free float policy. That latter will allow the exchange
rate to be formed in line with the current macroeconomic indices,
which will considerably improve the external competitiveness of the
country and will promote the process of creation of new jobs.

The Central Bank expects the dram to average 360-380 to dollar. The
refinancing rate was raised by 100 basis points to 7.75 percent.