Newsletter from Mediadialogue.org, date: 06-Jul-2005 to 12-Jul-2005

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Azerbaijan, Georgia and Turkey on issues of mutual concern. The latest
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CONFLICTS
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MINSK GROUP WORKS OUT `BASES FOR SETTLEMENT’ OF THE CONFLICT
—————————————– ———————————–
Source: “Azg” newspaper (Armenia) [July 12, 2005]
Author: Tatul Hakobian

In the course of the visit, the Co-chairmen will discuss `the options’

Sunday evening, OSCE Minsk Group Co-chairmen arrived in the
region. This visit is the first one after the parliamentary elections
in Mountainous Karabagh on June 19 assessed by the international and
local observers as complying with democratic standards.

Yesterday in Baku, Yuri Merzlakov (Russian Federation), Steven Mann
(USA) and Bernard Fassier (France) met Foreign Minister of Azerbaijan
Elmar Mamediarov. After the negotiations, the journalists were
informed about some details by the head of the so-called Azerbaijani
community of Mountainous Karabagh Nizami Bakhmanov, who participated
in the meeting. As reported by `Armenpress’, the negotiations raised
the issues of opening transport communications from Azerbaijan to
Armenia via Mountainous Karabagh territory and the issues of returning
the refugees to the places of residence.

Bakhmanov stated that `the priority is the issue of displaced
Azerbaijanis’ and `without their return to Mountainous Karabagh it is
impossible to resolve the status of this region’. There is a progress
in the negotiation process, we hope the public will be informed about
them on August 26 in Kazan at CIS summit after the meeting of
Azerbaijani and Armenian Presidents’, Bakhmanov stated.

`Mediamax’ reports that the meeting of the co-chairmen and Elmar
Mamediarov `considered the current stage of Karabagh settlement, the
situation after the Warsaw meeting of the Presidents of Armenia and
Azerbaijan’. After the meeting with President Aliev, the Minsk Group
will arrive in Yerevan to meet the Armenian authorities and to visit
Stepanakert afterwards for the negotiations with the authorities of
Mountainous Karabagh on settlement.

Recently, Baku authorities discuss joint use of transport corridors
with Armenia. In this respect, former mediator of OSCE Minsk Group
from Russia, Vladimir Kazimirov expressed an opinion in his article
published in `Novoye Vremya’ that the suggestion of official Baku `is
directed at the electorate and the world at large’.

`Azerbaijan is getting ready for parliamentary elections, and the
electoral calculations already impact the Baku tactics in the
negotiation process’, Kazimirov stated. He thinks `Armenians, who are
not yet influenced by elections factor, assess the process of the
dialogue positively but with more restraint’.

Kazimirov noted that despite the aggressive statements and toughening
of positions on the main issues, Azerbaijan already started discussing
events on confidence, something it did not want to hear about in the
past. In particular, former mediator mentioned about the Baku proposal
on joint control of Agdam-Nakhichevan route with Armenians (via
Mountainous Karabagh, Lachin and Armenia).

`The problem of communication in the conflict zone is very important,
however it is not a key to problem solution’, Kazimirov stated, adding
that `the status of Mountainous Karabagh and liberation of the
territories occupied by Armenians 11-12 years ago are still in the
spotlight’.

On the eve of the visit, Russian Co-chairman Yuri Merzlakov stated
that the mediators will continue discussing the bases of settlement
with the sides. `The atmosphere is very good and friendly. I think
this visit will be extremely useful’, he stated.

This visit of the co-chairmen will last up to July 16. At August 26
unofficial CIS summit, a regular meeting of Kocharian and Aliev will
take place in Kazan. Prior to that, 1-2 meetings of the Foreign
Ministers of Armenia and Azerbaijan are expected. }

SCANDAL AT OSCE PARLIAMENTARY ASSEMBLY SESSION
—————————————————————————-
Source: “Zerkalo” newspaper (Azerbaijan) [July 11, 2005]
Author: K. Guluzadeh

The Azerbaijani and Armenian delegation `gave a fight’

Head of Armenian delegation at OSCE Parliamentary Assembly (PA), Vice
Speaker of Armenian Parliament, Vahan Hovhannissian declared about
diplomatic victory over Azerbaijan. In his opinion, the report on
Karabagh settlement by the special representative of OSCE Secretary
General, Goran Lenmarker, made at OSCE PA 1-5 July session in
Washington, largely reflects the position of official Yerevan.

V. Hovhannisian states that `the balanced and objective’ report of
G. Lenmarker `Invaluable Opportunity – Some Considerations on
Mountainous Karabagh Conflict’ is the outcome of hard work by both
G. Lenmarker, the Armenian delegation and the authorities of
`Mountainous Karabagh National Assembly’. V. Hovhannissian cites the
following postulates from the report as evidence.

According to the head of Armenian delegation, G. Lenmarker emphasizes
that one of the most acceptable ways for settling the conflict is
annexation of Mountainous Karabagh to Armenia. “Armenia wants
independence for Mountainous Karabagh, and this option ensures most
security’, the report notes. Besides, the documents stresses the
necessity for establishing cooperation between Armenia and Azerbaijan
within European Union `Enlarged Europe: New Neighbors’ project and
unblocking communications without any preconditions. The document also
contains a call on Azerbaijan to start direct negotiations with
Mountainous Karabagh. The speaker presents Mountainous Karabagh as a
party to the conflict (“Arminfo”).

V. Hovhannisian emphasized that all these provisions meet the
interests of the Armenian side and are not fixed in any international
document.

However, V. Hovhanissian states the report contains such theses as for
instance inexpediency of granting independence status to Mountainous
Karabagh since `small populations’ in the South Caucasus may lead to
regional disintegration.

Besides, the document stresses the necessity for the return of the
refugees and the territories controlled by the Armenian side `in case
of definite security guarantees for the people of Mountainous
Karabagh’. The report also refers to the deployment of international
peacekeeping forces on the territories controlled by the Armenian
side.

According to V. Hovhannissian, G. Lenmarker suggested setting up a
reconciliation committee including not only parliamentarians of the
conflicting sides but also the delegations of OSCE PA. Vice Speaker
referred to this idea as quite acceptable for the Armenian side.

Thus, it was previously planned that on the basis of G. Lenmarker’s
report OSCE PA will adopt a special resolution on Karabagh
settlement. However, it turned out that both Azerbaijani, Armenian
delegation and G. Lenmarker himself gave a halt to this process.

First, the report of G. Lenmarker was not discussed at OSCE PA because
of its incompliance with procedural norms, based on which the assembly
cannot consider two documents on the same issue. The point is that
before the planned discussion G. Lenmarker did not present a full text
of the report to the Azerbaijani side but submitted only the
theses. As stated to `Zerkalo’ by member of Azerbaijani delegation
Eldar Ibragimov, our delegates made their amendments to the theses of
G. Lenmarker after which they returned the report. However when
G. Lenmarker stated that he is against adopting the resolution by OSCE
PA at the current stage, the head of Azerbaijani delegation Sattar
Safarov submitted his draft of resolution.

The standing committee of OSCE PA delegations rejected the Azerbaijani
draft with a three-vote difference, which E. Ibragimov explains by the
activity of pro-Armenian delegations.

Second, due to the intention of the Azerbaijani delegation to
introduce provisions from Council of Europe Parliamentary Assembly
resolution on Mountainous Karabagh qualifying Armenia as aggressor, in
G. Lenmarker’s draft, its consideration was impeded by the Armenian
delegation. V. Hovhannissian thinks that in this issue the Armenian
delegation was supported by the delegations from Russia, France and
USA. The head of Armenian delegation states `we all are well aware
that the Armenian side will accept only the resolution ratifying that
Fizuli and Kelbajar are originally Armenian territories, and at the
current stage adoption of such a resolution by international
structures is out of the question’.

As for G. Lenmarker, E. Ibragimov states that special representative
of OSCE Secretary General opposed the resolution. G. Lenmarker holds
that it is essential to give OSCE Minsk Group one more year for
achieving positive results at peace negotiations. The resolution may
be adopted at OSCE PA summer session in 2006, G. Lenmarker states.

‘We invited G. Lenmarker for private conversation and accused him of
deliberate delay in adopting the resolution. It is already two years
he has worked on this problem and we really expect to see concrete
results of this activity. Why is Council of Europe PA adopting a
special resolution, qualifying Armenia as aggressor and OSCE PA is
silent?’ E. Ibragimov asks.

Yesterday, V. Hovhannissian spoke about another interesting
meeting. According to Vice Speaker of Armenian National Assembly, back
in Washington Elizabeth Ruff, Assistant of American Co-chairman of
OSCE Minsk Group stated in a private conversation with the delegations
of Azerbaijan, Turkey and Armenia that the Armenian side should return
the controlled territories, however the principle of the people’s
right for self-determination should be respected.

According to V. Hovhannissian, representative of OSCE Chairman on
Karabagh conflict Andjey Kasprshik, participating in the meeting,
noted on his behalf that each of the conflicting sides has its own
myth. Thus, Armenia holds that it may exist and develop in `hostile
environment’ similarly to Israel. However, according to A.Kasprshik it
is only an illusion, since in the near future Armenia will not have
enough resources for further development. There is a myth in
Azerbaijan that oil dollars may help to increase military potential of
the Republic and resolve the Karabagh conflict by force. However,
according to A. Kasprshik it is also an illusion, `since the defensive
capacity of the Armenian side is so high that any army will have
difficulty breaking it’, V. Hovhannissian states. Alongside this,
A. Kasprshik emphasized that there is an agreement on conventional
armed forces in Europe based on which the fixed armament quotas cannot
be surpassed.

In the conversation with `Zerkalo’ E. Ibragimov accused
V. Hovhannissian of telling lies. In his opinion, victory at the
session and lobby discussions went to the representatives of
Azerbaijan, since Armenians `could not respond to our just
arguments’. E. Ibragimov states that in the course of discussions and
private conversations with G. Lenmarker, E. Ruff and A. Kasprshik the
representatives of international organizations mostly supported the
position of Azerbaijan.

Thus, E. Ibragimov holds that the thesis of G. Lenmarker on the
possibility for annexing Mountainous Karabagh to Armenia is no more
than a point in the list of the wishes by the conflicting sides. Thus,
G. Lenmarker just enumerates the positions of the sides in the draft
resolution: Azerbaijan wishes to restore its territorial integrity;
Mountainous Karabagh wants independence, Armenia aspires to annex
Mountainous Karabagh.

Besides, E. Ibragimov stated that the draft resolution does not
contain a call to Azerbaijan for opening communications with Armenia
without any preconditions. `Lenmarker, Ruff and Kasprshik fully
understand and agree with us that without liberating the occupied
territories and return of the refugees to their homes it is impossible
to open the communications’, E. Ibragimov states.

Thus, after the OSCE PA session the situation was not clear. Both
sides, contradicting each other, proclaim their diplomatic
success. However, no concrete documents were adopted on the results of
the session that might serve as a basis for objective conclusions on
the success of diplomacy.

However, for the current moment it is not the resolutions adopted and
rejected by the parliamentarian structures of various international
organizations that matter but the active negotiations between the
parties to the conflict. Thus, during the August meeting of the
Presidents of Azerbaijan and Armenia working out `main settlement
options’ is to be completed. Russian Co-chairman of OSCE Minsk Group
Yuri Merzlakov stated about it, commenting on the mediators’ visit to
the region fixed for July 10-16 (`Trend’). In his opinion, the Baku
meetings with the officials are scheduled for July 11. `The atmosphere
is very good, work-disposing. I think the visit and our stay in Baku
will be very useful for further negotiation process. We planned it
right in this context’, the diplomat added. }

REFERENCE BOOK EDITORS FINED IN FRANCE ON ALLEGED GENOCIDE
—————————————————————————-
Source: “Turkish Daily News” newspaper (Turkey) [July 08, 2005]
Author:

A court in Paris fined the editors of a French reference book the
symbolic amount of one euro for not portraying the killings of
Armenians in eastern Anatolia during World War I, which Armenians
claim are tantamount to genocide, in a balanced manner.

The court said the Quid reference book favored Turkey’s position and
only briefly described the Armenian point of view.

Turkey categorically denies allegations of genocide and says
Armenians were killed as part of civil unrest sparked by the Armenian
revolt against Ottoman rule in collaboration with invading Russian
forces.

The court issued the one-euro fine and ordered publication of its
verdict in three daily newspapers, three weekly newspapers and on the
Quid Internet site.

The court ruling was in response to a 2003 complaint against the
encyclopedia by the Committee for the Defense of the Armenian Cause
(COCA).

Defense lawyers for the reference book cited its editorial freedom
and pointed out that the book mentions a 2001 French law that
recognizes the killings as genocide.

The same court fined renowned historian Bernard Lewis in the past for
not portraying the Armenian killings in a balanced way in an article
he wrote for Le Monde. The court issued a fine of one French franc in
that ruling.

Turkish-French relations have been strained in the past over French
recognition of the alleged genocide. The alleged genocide is a source
of tension between Turkey and Armenia. Turkey closed its border with
Armenia more than a decade ago in protest of the Armenian allegations
and an Armenian invasion of the Azerbaijani territory of
Nagorno-Karabakh. }

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ECONOMY
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KARS – CAUCASUS GATES?
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Source: `Khvalindeli Dge’ newspaper (Georgia) [July 06, 2005]
Author:

The last month meeting of entrepreneurs and representatives of the
local authorities of Turkish Kars city, Georgian regions of
Akhaltsikh, Ninotsminda and Akhalkalak considered the possibilities of
economic cooperation between the border regions of Georgia and Turkey.

The visit of Samtskhe-Javakheti to Kars was organized by the European
Center for Minority Issues (ECMI) by the official invitation of the
Turkish side. The meeting discussed the possibilities of economic
cooperation and creation of job places through joint projects mainly
in the tourism sphere for the current period. The meeting participants
think that the first step to intensive cooperation may become opening
of one more, third check point on the Georgian-Turkish border. Before
that, it is necessary to restore a whole set of highways. Afterwards,
we will be able to speak about Kars getting the unofficial status of
`Caucasus gates’ lost in the previous century.

The Georgian border regions in their turn seriously considered close
cooperation with a powerful southern neighbor. Setting direct ties may
improve the economy and raise life standards. Economic integration of
Samtskhe-Javakheti with the neighboring Turkish regions is as
promising and tangible as the developing integration of Ajaria with
the Black Sea regions of Turkey. The meeting participants agreed that
their next meeting will take place in Akhalkalaki for further
consideration of cooperation possibilities. `The two border regions,
where the uniqueness and cultures of Georgia, Turkey and Armenia are
closely intertwined, have a chance for being transformed into a key
point of Caucasus integration process’, the leading expert of Caucasus
Institute for Peace, Democracy and Development, Paata Zakareshsvili
thinks.

He wonders what impeded Kars to return to its previous activity with
all the positive tendencies for the Georgian side. Kars lost the
status of a border city in 1993 after the land routes between Turkey
and the Soviet Union via Dogukap-Akhurian checkpoint were
closed. Akhalkalaki, administrative center of Javakheti, was located
in a prohibited area due to its military strategic significance in
Soviet times. At present this territory, because of its distance from
the center and weak infrastructure, turned into one of the poorly
developed regions of Georgia. The distance from Armenian and Turkish
borders to Akhalkalaki is 35 and 30 kilometers respectively. Kars is
at 70 kilometers distance from both borders – Georgian and
Armenian. Opening of communications with Kars has been one of the
priorities of Georgian-Turkish cooperation for several years. To solve
this issue, a joint Turkish-Georgian economic commission was set up,
however with no obvious results in its activity. The expert thinks
that efficiency was not achieved because of the poor state of regional
highways both on the Turkish and Georgia sides. In other words,
Zakareshvili thinks that repairing the roads is a start, whereas the
rest will be settled by itself. }

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State Duma to hold last meeting of spring session Friday

ITAR-TASS News Agency
TASS
July 8, 2005 Friday 12:43 AM Eastern Time

State Duma to hold last meeting of spring session Friday

By Diana Rudakova

MOSCOW

The State Duma lower house of Russia’s parliament will hold on Friday
the last scheduled meeting of its spring session. Duma speaker Boris
Gryzlov will summarise the results of the deputies’ work.

The house intends to ratify the agreement on the status and
conditions of deployment of the Russian air base in the territory of
the Republic of Kyrgyzstan, as well as the Russian-Armenian
Intergovernmental protocol of August 29, 1997 on the extension of the
term of regulating the process of voluntary resettlement.

The Duma will consider in the third reading the draft laws “On state
regulation of handling scrap and waste of non-ferrous and ferrous
metals,” “On state regulation of manufacturing and turnover of
ethanol and alcoholic beverages,” as well as a number of important
amendments to the Tax Code.

The house will discuss in the second reading the draft laws “On state
registration of municipalities’ regulations,” “On special economic
zones in the Russian Federation” and amendments regarding
restrictions on advertising of the gambling business.

The lawmakers will consider in the first reading the presidential
draft law “On the formation within the Russian Federation of a new
constituent entity as a result of merger of the Krasnoyarsk
territory, Taimyr (Dolgano-Nenets) Autonomous Area and Evenki
Autonomous Area,” as well as amendments to the law “On general
principles of organising local self-government in the Russian
Federation,” envisaging a three-year postponement of its full entry
into force.

The parliamentarians are also expected to consider a package of
resolutions – on possible raising natural gas prices to the world
level for a number of near-abroad countries, as well as several other
draft parliamentary inquiries to Prime Minister Mikhail Fradkov, in
particular, “On payments of compensations and giving additional time
off to officers of the Interior for overtime work.”

Population of Azerbaijan amounts to 8,388 million

AZG Armenian Daily #126, 09/07/2005

Neighbors

POPULATION OF AZERBAIJAN AMOUNTS TO 8.388 MILLION

website informed that as of July 1 the population of the
country amounts to 8 million 388 thousand. The population of Azerbaijan grew
by 41 thousand in six months. According to unofficial data, the population
of Azerbaijan amounts to about 5 million. Since 1990, over 2 million Azeris
left Azerbaijan and settled down in Russia.

www.realazer.com

RA NA Speaker sends congratulatory msge on 10th anniversary of RA

ARKA News Agency
July 5 2005

RA NA SPEAKER SENDS A CONGRATULATORY MESSAGE ON 10TH ANNIVERSARY OF
RA CONSTITUTION

YEREVAN, July 5. /ARKA/. RA NA Speaker Arthur Baghdassaryan sent a
congratulatory message on the 10th anniversary of the RA
Constitution. According to the RA NA Public Relations Department, the
message says that 10 years ago, after the referendum, the first
Armenian constitution was adopted. “Now it is obvious that for
further development we need changes especially in the Fundamental Law
of the country. We should conduct constitutional reforms, which are
necessary for our people and comply with international standards”,
the message says. Congratulating all citizens of independent Armenia,
Baghdassaryan expressed a conviction, that new version of
Constitution to be put on referendum will lead our society towards
civil society and jural state. A.A. –0–

Armenian temple to be built in Kamenets-Podolsky

Pan Armenian News

ARMENIAN TEMPLE TO BE BUILD IN KAMENETS-PODOLSKY

05.07.2005 03:01

/PanARMENIAN.Net/ It was decided to establish the historical justice in
Kamenets-Podolsky. A location where there was once an old Armenian cathedral
demolished by the Soviet authorities was given to the Armenian community for
building the temple. Armenians say the bridge and the canyon at the entry of
the Old City in Kamenets-Podolsky are very similar to their fatherland.
Armen Khachatryan, the Armenian Ambassador to Ukraine said, «There are arcs
though and the bridge is more beautiful, however the landscape is like the
Kiiv bridge and the gorge in Yerevan.» Six centuries ago Armenians built
Kamenets-Podolsky equally with Ukrainians and Poles. Thus they also have
their emblem on the city arms. Now there is a Khachkar – a stone cross in
the city. It is erected in the location where a temple will be built. The
Khachkar also commemorates the victims of the Armenian Genocide in Ottoman
Turkey in 1915, reported Novy Kanal.

BAKU: OSCE PA discusses Karabakh conflict

AzerTag, Azerbaijan
July 2 2005

OSCE PA DISCUSSES OF NAGORNO KARABAKH CONFLICT
[July 02, 2005, 11:29:24]

Swedish MP Göran Lennmarker, OSCE Parliamentary Assembly Special
Representative on the Nagorno Karabakh Conflict, presented his report
to Heads of Delegations to the OSCE PA. The Report spells out his
ideas on how to promote a peaceful settlement of the Nagorno Karabakh
conflict within the ongoing OSCE Minsk Peace-process.

The conflict between the Armenians and Azerbaijanis over the region
of Nagorno Karabakh broke out more than a decade ago, leaving
territories occupied and resulting in displaced people living under
miserable conditions on both sides. Although a ceasefire was
established in 1994, the conflict remains unsolved.

Mr. Lennmarker stresses that `the conflict is not frozen. Several
people are killed along the line-of-contact every year’. He adds:
`there is no alternative to a peaceful solution – in fact there is an
urgent need to solve the conflict in order to end the personal,
economic, and social suffering on both sides of this conflict’.

He suggests basing a solution on experiences from Europe, where
democracy and integration are fundamental components in securing a
lasting peace. Strong European and international institutions stand
ready to support Armenia and Azerbaijan. This is a generous offer and
must be seized.

He also stresses the usefulness of the work done by the Parliamentary
Delegations of Armenia and Azerbaijan: `Once a peace agreement has
been finalized by the two Governments, the parliamentary dimension
becomes invaluable in informing the public and in ensuring the
implementation. It is of utmost importance that networks of Members
of Parliaments already exist and stand ready to take on these tasks’.

Mr. Lennmarker was appointed in June 2002 and has since then visited
Armenia and Azerbaijan on numerous occasions, meeting with
representatives of all sections of society including refugees on both
sides. He has also met with international actors, including the
Co-Chairs of the OSCE Minsk Group.

Serge Sargsian everyone minds his business as he can

Pan Armenian News

SERGE SARGSIAN EVERYONE MINDS HIS BUSINESS AS HE CAN

01.07.2005 04:30

/PanARMENIAN.Net/ `Speaking of arms race in current situation is shameful’,
the Armenian Defense Minister Serge Sargsian stated when commenting on the
statement by Ilham Aliyev, who said that in 2005 Azerbaijan’s defense
expenses will make $300 against $175 million last year. `Moreover I think it
is shameful to declare such things publicly. If these people wish to gain
superiority and in this way settle the Karabakh conflict, so way say about
it so loudly?’ the Minister wondered. `$300 million is not the figure to
frighten us. I reiterate that the Armenian army has no less means and
possibilities. I do not see any sense in such statements, especially now,
when all speak of peaceful settlement of the Karabakh conflict’, S. Sargsian
stressed. `Suppose Azerbaijan brings expenses up to $400 million. But it
will not change anything It’s not the arms race between the US and USSR when
millions of dollars were spent on creation of new types of armament. But, as
it’s said, everyone minds his business as he can’, the RA Defense Minister
resumed, IA Regnum reports.

NKR: CEC Published The Results

CEC PUBLISHED THE RESULTS

Azat Artsakh – Nagorno Karabakh Republic [NKR]
28 June  05

In the June 24 meeting the NKR Central Election Committee and the
chairmen of the divisional election committees officially presented the
results of the June 19 parliamentary election in Nagorno Karabakh. The
chairman of the Central Election Committee Sergey Nassibian informed
that the turnout of voters was 75.1 per cent. Then he read the names of
the 11 members of parliament elected under the majority system and the
22 members of parliament elected under the proportional representation
system. The chairmen of the district election committees stated the
fact that the past parliamentary election was democratic and better
organized than the previous elections held in Nagorno Karabakh. The
numerous foreign monitoring delegations and mass media in Karabakh
state the same. The chairmen of the divisional election committees
pointed out that despite being highly organized, the poll had
shortcomings as well There were errors on the electoral rolls in
a number of polling stations. It was stated that the use of moving
ballot boxes would facilitate the polls. The member of the CEC Sergey
Shahverdian.s opinion on the final document of the Central Election
Committee was negative. The chairman of the CEC S. Nassibian said
15 complaints had been lodged with the CEC, of which 11 have been
discussed, and four were sent to the Public Prosecutor.s Office. He
also informed that local elections were held in 9 communities; 9
mayors of villages were elected. In one of the communities election
to the village council was held as well. The results of the election
to the mayor of the village of Maghavus in the polling station 13
were denounced. In the end S. Nassibian thanked all the organizations
which had assisted to the conduct of the election, particularly the
administration of the NKR government, Karabakh Telecom, the Police,
as well as the mass media for covering duly the poll.

NVARD OHANJANIAN.
28-06-2005

–Boundary_(ID_7jmsrl7f5cIMZXXiJ1ESUg)–

Hence Prices In Armenia Will Be Fixed Only In National Currency

HENCE PRICES IN ARMENIA WILL BE FIXED ONLY IN NATIONAL CURRENCY

YEREVAN, JUNE 28. ARMINFO. The new law of the Republic of Armenia in
currency regulation and currency supervision comes into force beginning
from today. ARMINFO was informed in the press office of the Central
Bank of Armenia, this law is aimed at strengthening of the role and
significance of the national currency. In particular, according to
the law, the price quotations of goods, selling of property, provision
of services and doing works will be fixed only in Armenian drams.

Besides, the law stipulates that commercial banks and credit
organizations, who have the right for carrying out currency operations,
will be obliged to fix tariffs for services and receive payments from
clients only in drams. The law applies to natural and legal entities
irrespective of the fact are they residents of Armenia or nonresidents.

Central Bank of Armenia, Ministry of Finances and Economy of Armenia
and State Tax Service of Armenian Government will carry out supervision
over fulfillment of currency legislation within framework of their
functions.

BAKU: Azeri ministry finds 30 new mineral deposits

Azeri ministry finds 30 new mineral deposits

MPA news agency
27 Jun 05

Baku, 27 June: Thirty new precious metal and mineral deposits have
been discovered in Azerbaijan over the last three years, Azerbaijani
Ecology and Natural Resources Minister Huseyn Bagirov has told
journalists. Four of them are gold-bearing mines, he said.

Talks are under way with foreign companies on the exploitation of the
Covdar gold-bearing field. According to the outcome of an assessment,
the reserves of the deposit equal those of all the other gold-bearing
fields in Azerbaijan. Foreign companies are also showing interest in
Naxcivan’s Baskand gold-bearing mine, with the estimated reserves of
300-350 t.

Azerbaijan has a contract for the development of gold-bearing mines.
Under the contract signed on 21 August 1997 between the state concern
Azariqizil (dissolved, its functions have been handed over to the
Economic Development Ministry) and the R.V. Investment Group Services
LLS (Azerbaijan owns 51 per cent of shares and the US company 49 per
cent), nine gold-bearing fields with the estimated reserves of 400
t of gold, 2,500 t of silver and 1.5m t of copper are to be mined.
Three deposits (Qizilbulaq, Soyudlu and Vecnali) in Zangilan and
Kalbcar Districts are under the Armenian occupation.