Armenia’s gas supply to be resumed soon – Georgian Embassy

Interfax, Russia
May 8 2010

Armenia’s gas supply to be resumed soon – Georgian Embassy

YEREVAN May 8

The shipment of Russian gas to Armenia will be resumed within the next
few days, the Georgian Embassy in Yerevan told Interfax on Saturday.

"The repair to the damaged gas pipeline section has been finished.

Georgia expects to test the section with Armenian specialists once
they arrive. After that, the shipment of gas to Armenia will be
resumed," a Georgian Embassy employee said.

Armenia is currently spending its own gas reserves, as supplies of
Russian gas were suspended on April 29 after the gas pipeline was
damaged by a landslide.

Construction Continues At Komitas Avenue Site Despite Stop-Order

CONSTRUCTION CONTINUES AT KOMITAS AVENUE SITE DESPITE STOP-ORDER

/
2010/05/06 | 14:53

society

Hetq still hasn’t been able to find out what exactly is being
constructed on a site at 60 Komitas Avenue in Yerevan. According to
a decision adopted by the Yerevan Municipality on April 26, all work
was ordered halted, but local residents say it was been continuing.

At the site, twenty-one trees were stripped of the branches in a heavy
dose of pruning by staff at the nearby CPS gas station. The station,
it appears, is supposed to be moved to the site to make way for a new
Yerevan City supermarket. The chain is owned by MP Samvel Aleksanyan.

After Hetq raised the alarm with the Ministry of the Environment,
the CPS gas station was fined 100,000 AMD ($250) for the illegal
tree pruning. Local residents have reported in that the work goes
on unabated.

Hetq has sent a letter of inquiry to the Yerevan Municipality regarding
the site but as yet we have received no answer.

http://hetq.am/en/society/komitas-60-2

Why Is Hek Leaving MIAK?

WHY IS HEK LEAVING MIAK?

Tert.am
14:26 07.05.10

Youth Party of Armenia (HEK) is leaving United Liberal National Party
(MIAK), HEK leader Vahan Babayan said at a press conference today.

Asked why he had come to the press conference wearing a cloth that
pictured the famous Argentinean revolutionist Che Guevara, Babayan
said: "That man is the symbol of youth, struggle and freedom."

He did not elaborate why HEK was going to abandon MIAK. Nor did he
speak about any disagreements between them.

"Disagreements are possible on any issue. There has been no serious
problem [between us]," said Babayan, advising to turn to the MIAK
secretary for any other detail about their move.

At the same time Babayan mentioned that they were in any way working
at two fronts while in MIAK.

"MIAK is extremely liberal, [while] we are a national power,"
explained he.

Speaking about their further work Babayan said they would back the
acting president Serzh Sargsyan and are planning to create a council
on youth issues with Sargsyan’s assistance.

Turkey’s Parliament Speaker Condemns Swiss Authorities For Imposing

TURKEY’S PARLIAMENT SPEAKER CONDEMNS SWISS AUTHORITIES FOR IMPOSING PUNISHMENT ON THOSE DENYING ARMENIAN GENOCIDE

ArmInfo
2010-05-07 14:35:00

ArmInfo. Turkey’s parliament speaker said on Thursday that historians
should solve the conflict over the incidents of 1915. Delivering
a speech during his meeting with Erika Forster-Vannini, speaker of
Switzerland’s Council of States, Turkish Parliament Speaker Mehmet
Ali Sahin said that Swiss authorities’ imposing punishment on those
denying "the incidents of 1915", was a disappointing act, Anadolu
agency reported.

Referring to Switzerland’s hosting an important meeting last October
for the solution of the problems between Turkey and Armenia, Sahin
said, "Protocols aiming at normalization of relations between the
two countries were signed in Switzerland. We are grateful for that.

However, Switzerland is still imposing punishment on those denying
the incidents of 1915 is a disappointment for us. Because, incidents
of 1915 is an issue that needs to be solved by historians".

Expressing the importance of inter-parliamentary relations, Sahin
said countries nowadays used parliamentary diplomacy to improve their
relations and Vannini’s visit to Turkey was of great importance in
this respect.

Guest parliament speaker Vannini said in her part that she was proud
to lead the first ever Swiss parliamentary group visiting Turkey.

Noting Turkish and Swiss parliaments should strengthen their relations,
Vannini said a Turkish-Swiss Inter-parliamentary Friendship Group
would soon be established and it would hold its first meeting on June
8. Vannini also said Turkey and Switzerland had certain problems that
could not be neglected. "However, any MP can bring an issue to the
agenda of the parliament or submit a motion on such matter in our
system. Parliamentarians have such a right," she said.

Turkey And Russia Assemble An ‘Xaxis Of Outsiders’

TURKEY AND RUSSIA ASSEMBLE AN ‘AXIS OF OUTSIDERS’

The National
rticle?AID=/20100506/OPINION/705059944/1080/HOUSE_ HOME
May 6 2010
UAE

It was one of the most memorable parliamentary brawls of recent times.

Members of Ukraine’s Supreme Council threw punches, eggs and smoke
bombs, while the speaker was shielded with an umbrella.

Last week’s turmoil erupted when lawmakers were considering whether
to endorse an agreement that would, over the next 10 years, decrease
the price that Ukraine pays for Russian gas in exchange for a 25-year
extension of Moscow’s lease on the Crimean port of Sevastopol, home
to Russia’s Black Sea fleet.

On one level, these tensions are just the latest episode in a
century-long struggle between Ukraine’s Russian-speaking east and
south on the one hand, and the country’s centre and west on the other.

The former looks to Moscow; the latter considers itself part of the
West. Coming less than three months after a divisive presidential
election narrowly won by the pro-Russian candidate Victor Yanukovych,
the deal marks the end of Ukraine’s flirtation with Nato and seals
its return into Russia’s orbit.

More importantly, it signals a wider realignment in the Middle East
and Central Eurasia that heralds the return of former outsiders like
Russia, Ukraine and Turkey to the forefront. Disillusioned with the
EU’s bureaucratic diktat and fed up with what they view as arbitrary
US interference in their Central Asian and Kurdish backyard, leaders
such as the Russian prime minister Vladimir Putin and his Turkish
counterpart Recep Erdogan are forging close ties. Traditional rivals
are becoming partners.

With the EU conspicuous by its absence and the US struggling to
make progress in Afghanistan or on Israel-Palestine, Russo-Turkish
co-operation is filling a growing void in the Caucasus and in the
strategic corridor that links the Gulf to Afghanistan and Central
Asia. In the process, Moscow and Ankara are reshaping the geopolitics
of the Middle East and Eurasia.

Many in the US and the EU will dismiss this rapprochement as little
more than a desperate move by two deeply disgruntled, post-imperial
powers in search of a role in a changing world. But there can be
little doubt that Russia and Turkey are building an "axis of outsiders"
that is challenging US hegemony and the EU’s complacent indifference
regarding its own periphery.

Mutual geopolitical and economic interests are at the heart of this new
axis. Geopolitically, Moscow and Ankara have a stake in stabilising the
wider Caucasus and other parts of their shared neighbourhood. That’s
why both have mediated in the ongoing conflict between Armenia and
Azerbaijan over the enclave of Nagorno-Karabakh.

Moreover, Turkey – a long-standing member of Nato – created the
Caucasus Security and Stability Platform after the 2008 war between
Georgia and Russia. Aimed at all countries in the region (including
Armenia and Iran) and granting Russia special status, this platform
was initiated independently from Turkey’s traditional western allies.

Crucially, it marks a neo-Ottoman concern for the wider Caucasus
and underscores an imperial recognition that great power conflicts
threaten the collective security of entire regions.

This recognition also applies to the wider Middle East, where Ankara
and Moscow show their deep mistrust in Israel by maintaining links
to Hamas and other Palestinian groups. Even though any peace deal
depends on US brokerage, enhanced involvement from Turkey and Russia
can help prepare the ground for new negotiations.

Turkey and Russia have identified shared interests that go beyond
tourism and trade in cheap consumer goods. Both are engaged in the
geopolitics of energy security.

In the past, they seemed to be on opposing sides. Turkey was part
of the Nabucco pipeline project, delivering gas from Turkmenistan
via the Caspian Sea to Europe, thus bypassing Russia. Meanwhile, the
Kremlin championed the South Stream project, with a pipeline running
under the Black Sea from Russia to Bulgaria, thus bypassing Turkey.

Despite long-standing pricing and volume disputes, both have been
profoundly frustrated by a lack of investment and political support
from the EU and the US. In response, Moscow and Ankara are now
envisaging a second Blue Stream gas pipeline. The first such pipeline
was inaugurated in 2003 and currently transports 10 billion cubic
metres of gas yearly. Alternatively, Ankara could take up Moscow’s
offer to join the South Stream project, using Turkey’s exclusive
economic zone in the Black Sea. Either way, this would transform the
Turkish Republic into Europe’s real energy hub, with possible gas
deliveries to Israel and links to Iran’s vast energy reserves.

Moreover, Russia and Turkey have shared interests in Iran and
Afghanistan. As the tensions over Iran’s nuclear ambitions escalate
and the Afghan security situation deteriorates, expect more joint
initiatives from the "axis of outsiders".

Despite the "Obama effect", the US and Nato remain deeply discredited
in the Middle East and Afghanistan, which opens the way for other
actors. The EU suffers from both integration and enlargement fatigue
and it lacks a substantive vision for relations with its neighbours,
thereby exacerbating the frustration and disillusionment of countries
on Europe’s periphery.

Instead of simply opposing US domination or looking to the EU for
meaningless "strategic partnerships", Russia and regional powers
such as Turkey and Ukraine are forging close ties with each other
and intervening in their shared spheres of influence. Issues such as
future US troop withdrawal from Iraq and Afghanistan or a new wave of
sanctions on Iran won’t be solved without their involvement or support.

In the wake of the global economic crisis, the centre of geopolitical
and geoeconomic power is shifting from the developed countries of the
West to the emerging markets in the Gulf region, eastern Asia and
the southern hemisphere. As part of this shift, there are a number
of realignments in the wider Middle East and Central Eurasia that
presage the return of former outsiders to the centre of global affairs.

Adrian Pabst is lecturer in politics at the University of Kent,
Canterbury, UK.

http://www.thenational.ae/apps/pbcs.dll/a

"Hayastan" Fund In The Republic Of The Nagorno Karabakh

"HAYASTAN" FUND IN THE REPUBLIC OF THE NAGORNO KARABAKH

Aysor
May 4 2010
Armenia

On May 14 the sitting of the trustees of the "Hayastan" all-Armenian
fund will be held. On that occasion the members of the council of
trustees, representatives of the local bodies, benefactors of the fund
have arrived to Yerevan, informs the press office of the "Hayastan"
all-Armenian fund.

Till the sitting there will be a 5 day working visit to the Nagorno
Karabakh. The delegation will visit the following programs.

The cardiological hospital of Goris city, the secondary school of
Gishi village, the secondary school of Chartar village, N 11 school
of Stepanakert, the school after Abovyan in the city of Shushi and
the school after mratsan, the Library of the city, cultural center.

During the visit to Karabakh will take place the official opening
ceremony of the secondary schools of Spitakashen village and the
program of drinkable water supply of Sos village.

The delegation will also visit Ghazanchetsots Church of Shushi and
will partake in the ceremonies dedicated to the events dedicated to
the liberation of Shushi.

HSBC Bank Armenia Expects To Earn $11 Million In Profits This Year

HSBC BANK ARMENIA EXPECTS TO EARN $11 MILLION IN PROFITS THIS YEAR

/ARKA/
May 4, 2010
YEREVAN

HSBC Bank Armenia expects to earn $11 million in profits this year,
its CEO Astrid Clifford said in response to a question from ARKA news
agency today.

Speaking at a news conference she said the bank’s development plan
is drafted at the beginning of the year and as of today it was ahead
of it hoping to earn more than projected. She said the bank plans
to shift the focus this year on servicing businesses, crediting and
trade financing as the country’s economy is recovering.

‘We see quite a big activity on part of enterprises which is very
encouraging and we think that the bulk of profits will be earned from
providing our services to and crediting corporate customers,’ she said.

HSBC Bank Armenia cjsc was the first international bank to open in
Armenia in 1996. The bank is a joint venture between the HSBC Group,
which has 70 percent ownership, and members of overseas Armenian
businesses. The bank offers a wide range of products and services
to individual as well as corporate customers, including personal
financial services, commercial banking and treasury and capital markets
services. Thanks to the HSBC network in 88 countries and territories,
the bank is uniquely positioned to provide truly international services
for its customers. HSBC Bank Armenia cjsc has 9 branches and offices
in Yerevan, as well as 50 ATMs located throughout the city.

On March 31 its total assets were worth 138.8 billion Drams,
liabilities grew to 120.8 billion Drams, its total capital stood
at about 18 billion Drams, chartered capital – at 7.6 billion Drams
and aggregate credit investments at 67.3 billion Drams. In the first
quarter of 2010 it earned 934.5 million Drams of net profits. ($1 –
384.47 Drams).

Trade Financing Academy To Open In June

TRADE FINANCING ACADEMY TO OPEN IN JUNE

/ARKA/
May 4, 2010
YEREVAN

A trade financing academy, a joint project of HSBC Bank Armenia and
the National Center for Supporting Small and Medium Businesses,
will offer the first training course to local business people in
mid June this year, a deputy governor of Armenia’s Central Bank,
Vache Gabrielian, said today.

"We welcome this joint initiative that on the one hand allows to track
down the businessmen who use actively banking services and on the other
hand, it is an educational project that will provide business people
with knowledge and skills to use these services more efficiently,’
he said.

Aram Pinajian, head of HSBC Bank Armenia’s trade and crediting unit,
said HSBC Bank Armenia will help Armenian exporters and importers to
enlarge the boundaries of their financial education.

Ishkhan Karapetian, head of the National Center for Supporting Small
and Medium Businesses, said the first course will be free and all
interested people may register and attend the training courses.

Arthur Petrosian, head of HSBC Bank Armenia’s unit in charge of trade
financing, said the training courses will be run by the bank’s experts
with a long experience of helping business people find acceptable
solutions.

HSBC Bank Armenia is a joint venture between the HSBC Group, which has
70 percent ownership, and members of overseas Armenian businesses. The
bank offers a wide range of products and services to individual as
well as corporate customers, including personal financial services,
commercial banking and treasury and capital markets services. HSBC
Bank Armenia cjsc has 9 branches and offices in Yerevan, as well as
50 ATMs located throughout the city.

Services Sector Catalyst Of GDP Growth In Armenia

SERVICES SECTOR CATALYST OF GDP GROWTH IN ARMENIA

news.am
May 3 2010
Armenia

Armenia’s GDP showed a 5.5% increase this January-March as compared
with the corresponding period last year. The radical change gave rise
to claims that the Armenian economy has overcome the crisis. Last
year, the global crisis caused a decrease in industrial production
and construction, in gross agricultural output as well as in foreign
trade turnover. As a result, the GDP showed a 14.4% decrease.

Speaking at a recent sitting of the Board of Trustees of the
RA National Competitiveness Fund, the RA Premier stressed some
progress in the industrial sector, which caused GDP growth. Indeed,
the industrial production index totaled 110.4% this January-March as
compared with the corresponding period last year.

The RA Statistical Service is known to calculate the GDP applying the
European methods as well. According to the calculations, the share
of the industrial sector (with energy and construction included)
in the GDP was 2%, with that of the services sector 2.4%.

Despite a 0.6% decrease in construction this January-March, the
construction sector ensured a 0.9% share in the GDP growth. So the
industrial sector’s actual share in the GDP growth was only 1.1%.

The services sector is comprises trade, repair of cars and household
appliances, hotel and restaurant business, transport and communication,
operations with immovable property, financial activities, etc… That
is, kinds of businesses Armenian businessmen are not interested in
as they are in production.

Lebanese PM May Visit Armenia In Near Future

LEBANESE PM MAY VISIT ARMENIA IN NEAR FUTURE

PanARMENIAN.Net
May 3, 2010 – 19:49 AMT 14:49 GMT

Despite Azeri media’s frequent reports on Lebanon backing resolution of
Karabakh conflict within Azerbaijan’s territorial integrity framework,
official Beirut repeatedly expressed support for Armenian nation’s
interests, Shahan Kandaharian, Editor-in-Chief of Beirut-based Aztag
newspaper stated.

As he told PanARMENIAN.Net reporter, "Support for Armenian
nation’s interests also spells support for NKR people’s right for
self-determination. At the same time, increased influence of Turkey is
being observed in Lebanon, arousing concern among Lebanese Armenians
and making them more unified around national issues."

As he noted, Lebanese Prime Minister Saad Hariri may visit Armenia
in near future. "Armenia has already issued an official invitation,
which will, in all probability, be accepted by Lebanese side," Shahan
Kandaharian said, adding that the visit of Lebanese Foreign Minister
to Yerevan is also possible.