Gazprombank ups stake in Armenia’s Areximbank to 100%

Prime-Tass English-language Business Newswire
September 12, 2008 Friday 12:09 PM EET

Gazprombank ups stake in Armenia’s Areximbank to 100%

MOSCOW Sep 12

Russia’s Gazprombank has brought its stake in Armenia’s Areximbank to
100% from 94.15% previously, Gazprombank’s press office said Friday.

Gazprombank purchased the 5.85% stake from Raiffeisenbank for an
undisclosed sum.

Gazprombank bought 80% in Areximbank in November 2007 and then
increased its stake to 94.15% in July through the purchase of the
bank’s additional share issue.

Areximbank provides a full range of banking services. As of July 1,
the bank’s assets were at U.S. $110.5 million, while shareholders’
equity was at $31.8 million.

Gazprombank is the banking arm of Russia’s natural gas monopoly
Gazprom.

President Sargsyan Received Secretary General of BSEC

RIA OREANDA, Russia
Sept 12 2008

President Sargsyan Received Secretary General of BSEC

Yerevan. OREANDA-NEWS . On September 08, 2008 The President of Armenia
discussed with the Secretary General of the BSEC issues related to the
upcoming presidency of Armenia in the organization and events
scheduled for that period, reported the Official website
.

According to Serzh Sargsyan, Armenia has seriously prepared for that
mission and will do her best to carry it out properly. Serzh Sargsyan
said that Armenia has developed a precise plan of action and is
intended to follow it thoroughly.

Leonidas Chrisanthopoulos expressed his satisfaction with the
preparatory works and noted that Armenia is assuming presidency in a
critical period of time related to the recent events in Georgia and
tendencies of normalization of the Armenian -Turkish relations.

In his opinion, the normalization of the relations between Armenia and
Turkey and the dialogue between the two will directly and positively
influence efficient cooperation with the BSEC.

http://news.president.am

Proper time to resolve NK conflist has come

Interfax, Russia
Sept 12 2008

PROPER TIME TO RESOLVE NAGORNO-KARABAKH CONFLICT HAS COME

MOSCOW Sept 12

The proper time has come to resolve the Nagorno-Karabakh conflict,
U.S. Ambassador to Azerbaijan Anne Derse said.

The U.S. notes that the conflict should be resolved by peaceful means
only on the basis of the principle of Azerbaijan’s territorial
integrity, Derse told journalists in Baku on Friday.

At this stage, the U.S. is resolved and able to continue its activity
and advocate peaceful resolution of the problem, the ambassador said.

The diplomat also expressed hope that the OSCE Minsk Group will be
able to continue working in the same format.

As Suren Sureniants Affirms, Russia Carries Out Its Imperial Ambitio

AS SUREN SURENIANTS AFFIRMS, RUSSIA CARRIES OUT ITS IMPERIAL AMBITIONS IN SOUTH CAUCASUS

Noyan Tapan

Se p 12, 2008

YEREVAN, SEPTEMBER 11, NOYAN TAPAN. According to Suren Sureniants,
Political Board member of the Hanrapetutiun (Republic) party, today
Russia is carrying out policy of empire’s revival. As he stated at
the discussion organized on September 12 at the National Press Club,
recognizing the independence of South Ossetia and Abkhazia was only
a veil for Russia to conceal its imperial ambitions.

Aram Mayilian, a deputy of the former Armenian Supreme Council, said
that he was away from Armenia during the five-day Georgian-Russian war
and on returning he noticed emphasized anti-Georgian and anti-American
moods in the country. To have a negative attitude towards Georgia,
as A. Mayilian affirmed, means to violate moral norms forgetting that
Armenian culture has mainly developed in Georgia. "Today Armenia is
a puppet country, which decides and says nothing. A little change
happened in 1988, but now do not have its result. Armenia knows seven
songs and all of them are about Russia," he stated.

http://www.nt.am/news.php?shownews=117342

Russian Expert Thinks Abdullah Gul’s Visit To Yerevan Is Of Symbolic

RUSSIAN EXPERT THINKS ABDULLAH GUL’S VISIT TO YEREVAN IS OF SYMBOLIC NATURE

ArmInfo
2008-09-11 14:54:00

ArmInfo. Turkish President Abdullah Gul’s visit to Yerevan was of a
symbolic nature, representative of Political and Military Analysis
Institute Sergey Markedonov told ArmInfo correspondent.

He explained such a view since the two presidents did not discuss
the problem of the Armenian genocide recognition by Turkey, opening
of the Armenian-Turkish border or the Karabakh conflict.

Stemming from all this, one can conclude the visit was of a symbolic
nature which nevertheless was a positive one, thinks the European
vector in the foreign policy of Turkey is a prior one>, – Markedonov
concluded.

ANKARA: Turk-Armenian Delegations Welcome Gul’s Visit To Armenia

TURK-ARMENIAN DELEGATIONS WELCOME GUL’S VISIT TO ARMENIA

Sept 10 2008
Turkey

Yavuz Mildon, chairman of the Congress of European Local Authorities
and also head of the Turkish delegation, issued a joint statement
with Emin Yeritsian, deputy chairman of the congress who also heads
the Armenian delegation.

Heads of Turkish and Armenian delegations at the Congress of Local
and Regional Authorities of the Council of Europe (COE) have welcomed
Turkish President Abdullah Gul’s visit to Armenia to watch a World
Cup qualifier between Turkish and Armenian national teams in Yerevan
on September 6th.

Yavuz Mildon, chairman of the Congress of European Local Authorities
and also head of the Turkish delegation, issued a joint statement
with Emin Yeritsian, deputy chairman of the congress who also heads
the Armenian delegation.

"The visit will constitute a productive opportunity to develop friendly
relations between the two countries. President Gul’s visit provided
new perspective for development of good neighborly relations and
cooperation between local authorities of the two countries. The two
countries should not miss such an opportunity," the statement read.

www.worldbulletin.net

51st Annual Conference Of International Association Of Judges Held I

51st ANNUAL CONFERENCE OF INTERNATIONAL ASSOCIATION OF JUDGES HELD IN YEREVAN

Noyan Tapan

Se p 9, 2008

YEREVAN, SEPTEMBER 9, NOYAN TAPAN. The opening ceremony of the 51st
annual conference of the International Association of Judges (IAJ)
took place in Yerevan on September 8. 216 judges from 53 countries
are participating in the conference. Armenia joined the IAJ in 2005.

The participants will discuss issues related to independence of
judicial power from executive power and to disciplinary liability of
judges, in partucular, the issue of initiating a disciplinary procedure
against a judge by the other branches of power. The conference will
last until September 11.

The election of the IAJ president and his deputies will be held and
the place of the next 52nd conference of the association will be
decided during the Yerevan conference.

The chairman of the RA Cassation Court Hovhannes Manukian attached
importance to the fact that a conference of IAJ, a structure promoting
the independence and efficient work of judicial power, is being held
in Armenia – for the first time in the CIS. He pointed out the fight
against corruption and the protection of the principle of everyone’s
equality before the law as the most important problems. In his words,
in order to fight effectively against corruption, it is necessary
that society place a social order, while political power display a
definite will. The chairman of the RA Cassation Court said that the
people’s trust in the judicial system is quite low, and the society
has serious doubts about impartiality and honesty of judges.

The sittings of the European Association of Judges, as well as of
the IAJ’s regional groups (Latin American, African, and Asian, North
American and Oceanian Groups) took place within the framework of the
conference. In the evening the guests went to the Tsitsernakaberd
Memorial Complex and the Genocide Museum to pay a tribute of respect
to the Armenian Genocide victims.

http://www.nt.am/news.php?shownews=117204

CSTO And EurAsEc To Discuss Migration Issues

CSTO AND EURASEC TO DISCUSS MIGRATION ISSUES

ArmInfo
2008-09-09 15:22:00

ArmInfo. Joint session of the CSTO Coordination Council on fighting
illegal migration and Migration Policy Council under EurAsEc
Integration Committee will be held in Cholpon-Ati (Kyrgystan), on
10 September, adviser of the CSTO Information Department Vitaliy
Strugovets told ArmInfo today.

CSTO Deputy Director General Toktasin Buzubayev said at the first
joint session the councils will discuss the problems of fulfillment
of the practical steps on deepening of cooperation in this sphere
between the CSTO and EurAsEc. First, data base about the legal and
illegal migrants should be created. Second, general approaches to
drawing out and application of the national legislations of the CSTO
and EurAsEc member-states in the sphere of migration should be defined.

He also added the problems of drawing out and signing of a number of
bilateral agreements on readmission are also on the agenda.

Armenian press cautious on Turkish president’s visit

Agence France Presse — English
September 6, 2008 Saturday 9:21 AM GMT

Armenian press cautious on Turkish president’s visit

YEREVAN, Sept 6 2008

The Armenian press took a cautious view of Turkish President Abdullah
Gul’s historic visit to Yerevan Saturday, saying no breakthrough in
healing strained ties was expected.

Under the headline "Major changes not expected," the independent Ayots
Ashkar daily quoted the director of Armenia’s genocide museum, Gaik
Demoian, as saying: "I don’t expect any major shift in
Armenian-Turkish relations. But I don’t exclude this small step will
open the road to more favourable attitudes."

Gul was expected to land in the Armenian capital at 1200 GMT and would
meet Armenian President Serzh Sarkisian before attending a World Cup
qualifier between Armenia and Turkey scheduled to begin at 1600 GMT.

The Russian-language Voice of Armenia said opinion on Gul’s visit was
divided and quoted political scientist Armen Aivazian expressing
scepticism over a possible change in Turkish attitudes.

"I am convinced that Turkey has not repented for its crimes in
1915-1923 and also continues a policy of oppressing Armenia," he said.

But the newspaper also quoted Armenian lawmaker Avet Adonts as saying
the meeting marked "the moment when Armenia and Turkey can begin
negotiating without intermediaries."

Still others wondered what all the fuss was about.

"It seems to me that the passion around this visit is exaggerated,"
wrote Aram Abramian, the editor of opposition newspaper Aravot.

"It’s only a game after all. If we win, we can all celebrate and if we
lose it won’t be the end of the world."

The two countries have no diplomatic relations and have waged a bitter
international diplomatic battle over Armenia’s attempts to have
massacres of their people under the Ottoman Empire classified as
genocide.

The Rude Awakening

Newsweek
Sept 6 2008

The Rude Awakening

EU leaders believed Russia’s economic development would make it more
European. Not anymore.

By Stefan Theil | NEWSWEEK
Published Sep 6, 2008
>From the magazine issue dated Sep 15, 2008

The criticism of the European Union’s weakly worded resolution on the
Russian-Georgian conflict’warning Russia to withdraw its troops from
Georgia without naming specific consequences should Moscow fail to
comply’was as predictable as it was seething. "Europe can keep sucking
our oil and gas," mocked the Moscow tabloid Tvoi Dyen. Western
commentators likened Europe’s message to Robin Williams’s spoof of
unarmed British cops: "Stop! Or we’ll say ‘stop’ again!"

Once again, the limitations of Europe acting as one on foreign policy
were painfully obvious. The one measure the 27 leaders could agree on
at their emergency summit in Brussels was to suspend talks on a
planned EU-Russia agreement regulating such things as trade and
visas’a largely symbolic act considering the talks have been stalled
for more than a year. But the more interesting news was how closely
aligned EU members were compared to the last emergency summit in 2003,
when the continent’s split over the Iraq War led to the worst
foreign-policy crisis in the EU’s history. This time, they unanimously
agreed that there had been a red line, and that Russia had crossed it
by invading Georgia and unilaterally declaring two of its provinces
independent.

What’s more, the lack of tough action was more a reflection of
coolheaded realism than of disunity. "Europe’s short-term options are
close to zero," says Jan Techau, an analyst at the German Council on
Foreign Relations. Fighting a nuclear-armed Russia over Georgia?
Forget it. Trade sanctions would hit Europe with a painful
backlash’its citizens depend on Russian deliveries for 25 percent of
their oil and gas consumption, and its companies are heavily invested
in Russia. Given Russia’s phobias about Western conspiracies and
encirclement, threats would likely harden Russian policies. Even if it
wanted to take a tougher line, says Techau, the EU hasn’t even begun
to develop strategic options for a more bellicose Russia, instead
choosing to live comfortably with the narrative that Russia’s economic
integration would align it with a soft-power, multilateral,
postconflict Europe.

The Russian-Georgian war has shot down this illusion. "Georgia shows
that a military conflict in Europe is not as unlikely as it seemed
just a short time ago," says Klaus Reinhardt, a retired Bundeswehr
general and former NATO commander. The real test of Europe’s resolve
is how it intends to deal with these threats in the future. That would
start with uncomfortable questions of how the bloc would react if one
of its members were threatened. Several EU countries (including
Estonia and Latvia) have sizable Russian minorities, which Russian
President Dmitry Medvedev said two weeks ago Moscow has the right to
"protect." It would include turning rhetoric into action on cutting
Europe’s growing energy dependence on Russia’finding new suppliers,
building new pipelines, boosting alternative energy and nuclear
power’and getting serious about a European energy market that would
make it harder for Russia to play off one country against another. And
it would include finally getting serious about resolving exploitable
frozen conflicts from Moldova to Armenia.

That assumes that the EU can find the will. The weakest link may be
Germany, despite Chancellor Angela Merkel’s shuttle diplomacy that
kept the bloc unified last week. Germany has traditionally nurtured a
special relationship with Russia, and there is a strong undercurrent
in public opinion blaming the United States (and its Trojan-horse
allies like Georgia and Poland) for any trouble with Russia. In recent
weeks, Russian diplomats and lobbyists, including former chancellor
Gerhard Schröder, seem to have been on a propaganda offensive
to boost public opposition to any robust EU reaction. The emerging
divide between the pro-Russian Social Democrats and Merkel’s more
hawkish Christian Democrats also threatens to draw Russia policy into
next year’s national-election campaign.

So far, though, the biggest effect on Europe of Russia’s actions is a
tenuous unity. Europe’s leaders seem desperate to avoid the fracas
that divided them over Iraq’or, for that matter, over the former
Yugoslavia in the 1990s, another conflict that battered Europe’s
illusion of itself as a soft-power superpower. Now there seems to be
growing agreement that Russia will be a more uncomfortable neighbor in
the future. Whether that is the catalyst for the EU to develop a
common strategy and effective foreign policy remains to be seen.

© 2008

http://www.newsweek.com/id/157498