Armenia’s National Mortgage Company To Launch Activities Next Week

ARMENIA’S NATIONAL MORTGAGE COMPANY TO LAUNCH ACTIVITIES NEXT WEEK

/ARKA/
July 2, 2009
YEREVAN

YEREVAN, July 2. /ARKA/. Armenia’s National Mortgage Company will
launch mortgage loans refinancing next week, reported Chairman of
the Central Bank of Armenia (CBA) Arthur Javadyan.

"This will help cut interest rates and extend loan periods," he was
quoted as saying on Wednesday.

On June 16, CBA registered and licensed the National Mortgage Company
Universal Credit Organization (UCO).

Javadyan previously said the fund’s authorized capital would reach
30bln drams, against the planned 5bln drams.

The company is supposed to form long money by issuing securities to
refinance mortgage loans. This will help enhance mortgage lending in
Armenia. The company will refinance housing programs in the country.

Establishing an operator in the secondary mortgage market, the Armenian
government aims at boosting the country’s financial infrastructure
in order to settle housing issues. ($1 – 359.98 drams)

President Of Armenia: The State Order System In Educational Sector N

PRESIDENT OF ARMENIA: THE STATE ORDER SYSTEM IN EDUCATIONAL SECTOR NEEDS CHANGES TO ENSURE FULL INVOLVEMENT IN COUNTRY’S DEFENSE

ArmInfo
2009-07-02 18:19:00

It is necessary to change the system of state order in the educational
sector to ensure full involvement in defense of the country, President
of Armenia Serzh Sargsyan told pupils and graduated pupils of the
general education schools on Thursday.

The president said the post-graduate students are males by 100%. "Do
you think that females cannot get post-graduate education? Actually,
the law and the system are used to void army", the president said. He
does not differentiate evasion of army in peace or war- time since
there is no 100 percent peace at present either. "If we want the
situation to be continued, i.e. if we want no military actions in
our country, we must have a powerful army and armed forces meeting
nowadays requirements. Our rivals must understand that they will get
proper resistance if they try to attack Armenian lands", the president
said. Nevertheless, Serzh Sargsyn said the law on compulsory military
services of the males at the age of 18 will not be adopted in the
current or the next year.

PACE Adopts Resolution N 1677 On Activity Of Democratic Institutions

PACE ADOPTS RESOLUTION N 1677 ON ACTIVITY OF DEMOCRATIC INSTITUTIONS IN ARMENIA

Noyan Tapan
June 29, 2009

YEREVAN, JUNE 29, NOYAN TAPAN. The Parliamentary Assembly of Council
of Europe (PACE) at the June 25 evening sitting adopted Resolution
N 1677 on activity of democratic institutions in Armenia. It is
already the fourth resolution on the same issue adopted after the
2008 presidential elections.

The Resolution, in particular, stipulates that the demands and
proposals of PACE Resolutions N 1609 and 1620 adopted in 2008,
as well as of Resolution N 1643 adopted in 2009 are a concrete and
realistic "road-map" of overcoming the political crisis that emerged
after the presidential elections in Armenia and they are completely
in force. According to it, PACE will continue observing the process
of fulfillment of the Resolutions’ demands.

In that respect, in particular, the Resolution attaches importance to
reforms in the spheres of justice, Police, electoral systems and to
the necessity to reveal the death circumstances of the 10 persons who
died on March 1. The Resolution stipulates that the Assembly welcomes
Armenian President’s decision, by which he demands from the Prosecutor
General to introduce a complete report on the investigation to the NA
Ad-hoc Committee on Events Occurred on 1-2 March in Yerevan and Their
Reasons. Meanwhile PACE feels sorry for dissolution of the fact-finding
committee and calls the committee former members for presenting their
conclusions to the above mentioned NA Ad-hoc Committee.

PACE also welcomes the decision on granting an amnesty mentioning that
it is going to observe the further developments regarding cases of
persons accused or convicted on March 1 events, to whom the amnesty
did not extend.

ATP Celebrating Fifteen Years of Greening Armenia

ARMENIA TREE PROJECT
65 Main Street
Watertown, MA 02472 USA
Tel: (617) 926-TREE
Email: [email protected]
Web:

PRESS RELEASE
June 29, 2009

ATP Celebrating Fifteen Years of Greening Armenia

WATERTOWN, MA–In celebration of the 15th anniversary of its founding,
Armenia Tree Project (ATP) has released a new documentary film about its
cutting-edge tree planting and environmental education programs. The
15-minute film, "Every Tree.," was directed by Kennedy Wheatley and
photographed and edited by Amaya Cervino.

"ATP began in 1994 with the modest goal of re-greening the public spaces in
Yerevan where trees had been sacrificed during the ‘dark years’ after
Armenia’s independence, when people were forced to burn whatever they could
find to stay warm," recounted ATP founder Carolyn Mugar. "By 2004, we had
planted 500,000 trees in Yerevan and neighboring communities, and it became
clear that rejuvenating public areas alone was not going to significantly
impact the larger issue of deforestation."

"It was then, only five years ago, that I issued a challenge to our staff to
undertake a program to plant 15 million trees by 2015–ten trees planted for
each victim of the Armenian Genocide by its 100th anniversary. By the end of
2009, we expect that ATP will have planted over 3.5 million trees in
Armenia. Thank you for your firm belief in our mission," Ms. Mugar stated in
a special message to ATP supporters.

"I personally accompanied the filmmakers on a tour of ATP’s three nurseries,
two education centers, and dozens of planting sites, and I think this new
ATP documentary film captures the emotion and impact of our tree planting,
poverty reduction, and educational programs," noted ATP Executive Director
Jeff Masarjian.

"Although it is our 15th anniversary, this has been a difficult year because
of the global economic recession," added Mr. Masarjian. "Nevertheless, we
are making every effort to follow through on our commitment to purchase and
plant the tree seedlings grown by partner families in Armenia who are
working with ATP."

The new ATP documentary, "Every Tree.," is being sent to thousands of
Armenian households in the United States this month. "We are hoping our
supporters will help us fulfill our pledge to these communities in Armenia,
most of whom are feeling the effects of the recession even harder than those
of us in the diaspora," emphasized Mr. Masarjian.

"Our donors have shown tremendous loyalty over the past 15 years, and we
hope everyone will remain committed to supporting our work since we now have
the experience and capacity to plant over one million trees each year, which
will have an enormous impact on the land and well-being of Armenia’s
people," he concluded.

Since 1994, Armenia Tree Project has planted and restored more than
3,000,000 trees at over 800 sites around the country and created hundreds of
jobs for impoverished Armenians in tree-regeneration programs. The
organization’s three tiered initiatives are tree planting, community
development to reduce poverty and promote self-sufficiency, and
environmental education to protect Armenia’s precious natural resources. For
additional information and to support ATP’s mission, visit the web site

PHOTO CAPTION

Armenia Tree Project has planted trees at more than 800 public sites around
the country; these before and after photos show the results of its work at
St. Anna Church in Yeghegnadzor, which started in 2000 with the planting of
hundreds of fruit and decorative trees

www.armeniatree.org
www.armeniatree.org.

Armenian, Georgian Leaders Discuss Regional Security

ARMENIAN, GEORGIAN LEADERS DISCUSS REGIONAL SECURITY

Armenian Second TV Channel
June 24 2009

[Presenter] Georgian President Mikheil Saakashvili and his spouse
arrived in our country today at the invitation of [Armenian] President
Serzh Sargsyan. After the official welcoming ceremony for the Georgian
president at the presidential residence [in Yerevan], Sargsyan and
Saakashvili held a one-to-one conversation. A meeting of the official
delegations in an expanded format and a joint news conference of the
Armenian and Georgian leaders were held afterwards.

[Passage omitted: correspondent gives details of the welcome ceremony
over video of the ceremony]

[Correspondent reports over video of Sargsyan-Saakashvili meeting]
Afterwards the presidents discussed a whole complex of bilateral ties
and regional issues, paying special attention to regional security
issues.

[Sargsyan, speaking in Armenian at a news conference] I informed
Mr President about developments in the settlement of the Karabakh
issue. I also informed him about prospects for the normalization
of Armenian-Turkish relations and about our approach to those. Our
approach is clear – [Armenian-Turkish] relations should be built
without preconditions. The countries in the region should find edges
of cooperation irrespective of the existing discords. Armenia is
interested in having a peaceful, stable and prosperous neighbour –
Georgia – with which we have not only a common past, but also a
common future.

[Passage omitted: Saakashvili said at the news conference that
efforts are needed to develop both European integration and regional
cooperation; spoke about friendship between Armenian and Georgian
peoples]

[Correspondent reports over video of the meeting between the
delegations] Armenia and Georgia have had friendly relations for
centuries. Sargsyan said we are obliged to multiply what we inherited
from our ancestors. Issues of cargo transportation via Georgia,
bilateral communication, development of tourism, and issues related
to educational and cultural cooperation were discussed at the meeting
in the expanded format.

[Sargsyan, speaking in Russian at the meeting of the delegations] Dear
Mr President, ladies and gentlemen! I would like to heartily welcome
you in Armenia. There are not so many peoples in the world that can
be proud of such long good-neighbourly relations. We are obliged
to multiply what we inherited from our ancestors. That’s why we are
obliged to meet more frequently, as there are no issues between our
states that would not find quick answers taking into account mutual
interests. That is why I am very happy, I welcome you.

[Correspondent reports over video of the meeting between the
delegations] Communication routes that pass through Georgia are
essential for Armenia’s economy, and the Armenian side expressed
interest in the re-commissioning of a terrestrial automobile checkpoint
between Georgia and Russia as soon as possible. Also, general security
issues were discussed.

[Sargsyan, speaking in Armenian at the news conference] Of course,
we also discussed security issues, as the presidents of two friendly
states cannot but discuss security issues at their meeting. Our
conclusion is clear: the first factor of security is friendship
between our peoples. I said once and I repeat now that the influence
of friendship between peoples upon the security atmosphere is that
peoples, their leaders do not create extra problems for each other, and
by means of their problems do not create complex relations with other
countries either – exactly as they do not condition their friendship,
their good-neighbourly relations on their relations with a third party.

[Passage omitted: Saakashvili says that the Verkhniy Lars border
checkpoint between Russia and Georgia should be opened; Georgia will
try to decrease airfare prices and open a Yerevan-Batumi flight;
the Caucasus has a joint future and no foreign factor can harm mutual
interests]

[Correspondent reports over video of the news conference] Sargsyan
said normalization of Georgian-Armenian relations is in Armenia’s
interest. Normalized ties between neighbouring Georgia and [Armenia’s]
strategic partner Russia are only to be welcomed.

[Sargsyan in Armenian at the news conference] We have strategic
relations with the Russian Federation, and we are linked to Georgia
with centuries-old relations, and we are linked with thousand of
ties. We are developing our ties with both Russia and Georgia. We are
doing this openly, without doubt, without a veil of secrecy, in an
open way. I believe all of you witness relations which we at present
have with both Russia and Georgia. If good relations of the Armenian
side with both Russia and Georgia may to some extent assist the
normalization of Russian-Georgian relations, we would only be happy.

Armenian Foreign Ministry: NKR Cannot Be An Anclave At The Territory

ARMENIAN FOREIGN MINISTRY: NKR CANNOT BE AN ANCLAVE AT THE TERRITORY OF AZERBAIJAN

ArmInfo
2009-06-26 14:54:00

ArmInfo. Nagornyy Karabakh Republic cannot be an anclave at the
territory of Azerbaijan, Armenian Deputy Foreign Minister Shavarsh
Kocharyan said in an interview with ‘Sobesednik Armenii’ newspaper.

‘In this context, at present ensuring of security of Nagornyy Karabakh
Republic via establishment of the NKR status, ensuring the reliable
land connection between Armenia and the NKR, under the jurisdiction
of Armenia, integration of the NKR in international structures are the
prior tasks of Armenia. I have mentioned just few points fixed in the
Paris and Madrid documents’, – he said and added that the Armenian
party has nothing to yield to Baku, as many compromises may arouse
Azerbaijan’s appetite.

Kocharyan specially mentioned that in such principle issues Armenia
has to disprove the disinformation from outside which causes doubt
and discord in the Armenian society. ‘The reality is that at present
there is only one document – the Madrid, which fixed three general
international principles: the right of nation for self-determination,
territorial integrity principle and the principle of non-application
of force’, – Kocharyan said.

Open Or Not To Open? ARF Prepares A Report On The Opening Of The Arm

OPEN OR NOT TO OPEN? ARF PREPARES A REPORT ON THE OPENING OF THE ARMENIA-TURKEY BORDER
Hasmik Dilanyan

"Radiolur"
23.06.2009 17:55

How will the opening of the Armenian-Turkish border benefit the
Armenian economy? The Armenian Revolutionary Federation has set up a
task force to conduct a research on the similarities and differences
in the economies of Armenia and Turkey. Chairman of the group David
Lokyan today presented the results of the study.

According to Vahan Hovhannisyan, head of the ARF faction at the
National Assembly, the study is called to answer what kind of economic,
trade and social problems might emerge in case of opening of the
Armenian-Turkish land border and to what extent Armenia is ready
for it with its economy, the internal resources and the legislative
field. At the same time he underlined that there was no political
pretext behind the research.

Thus, according to Davvid Lockyan, Armenia will definitely benefit from
the opening of the shared border with Turkey. "Naturally, a country
with the population of 3 million cannot but benefit from establishing
trade-economic relations with a country having a population of 74
million. This is an axiom which we cannot argue with," Lockyan said
in his speech.

Chairman of the National Assembly’s Standing Committee on Economic
Issue Vardan Ayvazyan noted that the report reveals all the possible
risks that might emerge after the opening of the border.

IMF Raises Financial Aid To Armenia

IMF RAISES FINANCIAL AID TO ARMENIA

RTT News
s.aspx?Id=986422
June 23 2009

(RTTNews) – The International Monetary Fund’s Executive Board on
Monday approved an increase in the IMF’s financial support to Armenia.

The IMF increased its loan to $822.7 million from $540 million
approved in March. The decision enables immediate disbursement of
$158.3 million.

The Board also granted a waiver of performance criteria on net banking
system credit to the government and the programme’s fiscal balance.

http://www.rttnews.com/Content/AllEconomicNew

Fellowship With U.S. Ambassador to Armenia, Marie L. Yovanovitch

PRESS RELEASE
3325 North Glenoaks Blvd. Burbank, CA 91504
Tel: (818) 558-7474 Fax: (818) 558-6333
E-mail: [email protected]
Website:

Western Diocese e-Newsletter
The Western Diocese of the Armenian Church of North
America

Under the Auspices of His Eminence Archbishop Hovnan Derderian

Invites You To A

Fellowship

With Distinguished Guest

U.S. Ambassador to Armenia, The Honorable Marie L. Yovanovitch

Thursday June 25, 2009

7:30 PM

Kalaydjian Hall of

the Arshag and Eleanor Dickranian Diocesan Complex

3325 N. Glenoaks Blvd.

Burbank, CA 91504

Please join us in welcoming Ambassador Marie L. Yovanovitch
to the Western Diocese

Admission is open to the public

The Western Diocese of the Armenian Church of North America, providing
spiritual guidance and leadership to the Armenian Apostolic community,
is a 501 (c)(3) non-profit, tax-exempt organization comprised of more
than 50 churches in 16 western states. It was established in 1898 as
the Diocese of the Armenian Church encompassing the entire United
States and Canada. In 1927 the Western Diocese was formed to
exclusivly serve the western United States.

www.armenianchurchwd.com

Turkey To Respect Any Decision Of Iranian Nation

TURKEY TO RESPECT ANY DECISION OF IRANIAN NATION

/PanARMENIAN.Net/
23.06.2009 13:01 GMT+04:00

/PanARMENIAN.Net/ Peace in Iran is very important for the stability
in the region, and Turkey hopes that fighting sides will reach a
compromise which ease recent tensions in the neighboring country,
Turkish Foreign Minister Ahmet Davutoglu told reporters in Istanbul
late Sunday.

"Iran is very important for us. It is one of our neighbors we
have an complicated past with. We believe Iran will reach the most
accurate result within healthy consultations and mutual talks inside
the country," Davutoglu told reporters when asked about the recent
developments in Iran. .

"Turkey will respect any decision of the Iranian people within this
framework," he added, Anatolian News Agency reports.