Case of Seven hearing to be held without accused?

PanARMENIAN.Net

Case of Seven hearing to be held without accused?
12.03.2009 19:46 GMT+04:00

/PanARMENIAN.Net/ The only accused present at the hearing, Grigor
Voskerchyan, was hospitalized because of ill health. The other six
accused Myasnik Malkhasyan, Sasun Mikaelyan, Hakob Hakobyan, Alexander
Arzumanyan, Suren Sirunyan, and Shant Harutyunyan were removed from
the courtroom over disrespect for the court for 10 days.

Having been postponed twice, the hearing was continued today, attended
by Grigor Voskerchyan’s attorney Stepan Harutyunyan. Like the day
before, the hearing was held with one accused Grigor Voskerchyan, who
repeatedly filed a petition against the judge. Mnatsakan Martirosyan
refused to consider it, alleging that similar petition has already
been filed before. The attorneys filed a petition for rejection of
secretary of the sitting, claiming his deviation from duties.

The judge left the courtroom for an hour’s discussion of the petition,
yet the hearing couldn’t be continue because of Grigor Voskerchyan’s
worsened health. He was examined by the doctor who asserted he had
high blood pressure. According to Voskerchyan’s attorney, the judge
has been informed about the ill health of the accused during the
hearing, yet refused to take it into consideration. The hearing will
be continued tomorrow.

PM: Armenia does not support state protectionism

Prime Minister of Armenia: Armenia does not support state protectionism

2009-03-13 19:12:00

ArmInfo. Armenia does not support state protectionism. The government
policy aims to overcome the temporary difficulties in the country that
originated for quite objective reason, Prime Minister of Armenia Tigran
Sargsyan told media Friday.

He said protectionism for a long period of time leads to negative
consequences. In future, when global economy will overcome the crisis,
it will be possible to speak of changes in Armenia’s policy. Only in
this case it will be possible to speak of minimizing government
guarantees and providing state loans. `That is why the current measures
should have temporary nature’, T. Sargsyan said. He underlined that
many states have resorted to protectionism being aware of its
harmfulness. In particular, car industry is in question, which enjoys
state support. `Such measures are taken also in Armenia and it is
difficult to call these measures protectionism. It is assistance in
overcoming temporary difficulties by combined efforts’, the premier
said.

As regards the recall of the bill on amendments to the Law on Customs
Duty by the government, the premier explained that the national dram
devaluated by 20% whereas the law provides for a 10-15% growth of the
customs duty on a series of imported commodities. This devaluation is
an impetus for development of the country’s export potential and
creates favorable conditions to stiffen the local competition. `The
developments will show if the government will return to this bill or
not’, the premier said. He underlined that the increase of the customs
duties will have temporary character and will apply to the commodities
produced in Armenia. Thus, this government measure aims to support
local producers. If the customs duty rises by 15%, local producers will
grow their capacities to 30%, the premier said.

Armed forces of Azerbaijan violates ceasefire

Panorama.am
17:45 12/03/2009

ARMED FORCES OF AZERBAIJAN VIOLATES CEASEFIRE

On the night of 12 March and during the day the ceasefire has been
violated in the contact line of Azerbaijan-Nagorno Karabakh, reports
the Defense Ministry of Nagorno Karabakh. The Azeri armed forces fired
the military units of NKR army in the directions of Qarvend, Ashagh
Saidahmedli, Karachanbeili, Ashagh Veisali, Kuropatkino, Seisulan,
Levonarch, Karmiravan and Yarmdja.

The NKR defense army took appropriate measures and the rival stopped
shooting. Nagorno Karabakh armed forces did not suffer losses.

Source: Panorama.am

Harutyunyan: public better be prepared for democracy

PanARMENIAN.Net

Armen Harutyunyan: public better prepared for democracy than political system
10.03.2009 14:11 GMT+04:00

/PanARMENIAN.Net/ It’s not a secret that human rights are not
protected properly in Armenia, the republic’s Ombudsman said.

`The authorities should take action instead of thinking about reports
issued by various foreign organizations and states,’ Armen Harutyunyan
said during the presentation of his 2008 report.

`We do our best to be impartial. But when we criticize the authorities
we are accused of playing into the opposition’s hands, or on the
contrary,’ he said, adding that presently, the public is better
prepared for democracy than political system.

Armenian company ACP negotiates with Russian VTB bank on attraction

Armenian company ACP negotiates with Russian VTB bank on attraction of
extra credit

2009-03-09 16:08:00

ArmInfo. Armenian metallurgy company Armenian cooper Programme [ACP] is
negotiating with Russian VTB bank on attraction of extra credit up to
$280 mln instead of the arranged earlier $249,5 mln, director of ACP,
Gagik Arzumanayan, told journalists when replying to the ArmInfo
correspondent’s question, Monday.

He also added that to fulfill the programme of launching of the Tekhut
cooper and molybdenum mine field in the north of Armenia they need
attraction of extra funds. The credit between ACP and VTB bank at the
sum $249,5 mln was signed in 27 May 2008 in Yerevan. Arzumanyan also
said that last week in Moscow he met leaders of the Russian bank. "We
seem to find the format which will make it possible to start financing
of the Tekhut in a month or two", – he said and added that $280 mln
credit will be given the company through several tranches. He hopes the
first tranche $50 mln will be given in 2009.
Arzumanyan recalled that according to the credit programme mining and
processing of ore from the Tekhut deposit will start in 2011.

To recall, Russian VTB and ACP signed a US$249.5 million credit in
Yerevan on May 27 2008. The credit was provided for 12 years. Ore
reserves at Tekhut deposit total 450 million tons, whereas copper
reserves make up 1.6 million tons with average 0.355% of copper
content. Molybdenum reserves total 99,000 tons with average molybdenum
content of 0.021%. Nearly 25-30,000 tons of copper and 800 tons of
molybdenum are to be recovered annually to ensure 40-50% of total
copper and about 20% of total molybdenum recovery in the country. ACB
was given a license for exploitation of the deposit for 25 years in
2001. Liechtenstein-registered Vallex F.M. Establishment holds 81pct
stake in the Armenian Cooper Programme CJSC and a citizen of Russia
Valery Mejlumyan holds a 19pct stake in the company. V. Mejlumyan says
the turnover of Vallex group for 2007 totaled US$160 million, profit –
US$20 million.

Third Armenian-Azerbaijani Public Peace Forum devoted to NK conflict

Third Armenian-Azerbaijani Public Peace Forum devoted to
Nagorno-Karabakh conflict to take place in Vienna

2009-03-08 13:57:00

ArmInfo. The International Alert organization will hold the third
Armenian- Azerbaijani Public Peace Forum on the topic "Security:
Challenges and Opportunities, and Mechanisms for Building Confidence"
in Vienna on March 24-27. The discussions will be devoted to the
Nagorno-Karabakh conflict, International Alert Projects Manager Eurasia
Programme Dessislava Roussanova told ArmInfo.

She pointed out that there are going to be two main issues that will be
discussed: the issue of growing insecurity in the region, and possible
mechanisms and measures to build confidence between Armenian and
Azerbaijani societies.

According to Roussanova, in the course of last years, and particularly
in the past months after the summer of 2008, the organization has been
monitoring very closely the perceptions of the population from all
sides of the Nagorno-Karabakh conflict divide concerning different
aspects of security. There is one prevailing view among many Armenians
and Azerbaijanis – this is the view that a profound lack of trust
between the societies involved in the disputes in the Caucasus is a
main reason for the growing sense of insecurity, fear and threat that
people experience. But there is also a shared sense among the
populations that developing more trust between societies can be the
only real guarantor for reaching peace and stability.

At the Forum, the Armenian and Azerbaijani delegations, as well as some
international actors, will be discussing ideas and proposals for
measures and initiatives that could help the process of confidence
building between the Armenians and Azerbaijanis. Although the sessions
of the Forum will be taking place behind closed doors all agreed final
ideas and recommendations will be made available to the
public after the Forum. The participants in the Forum will be overall
36 Armenian and Azerbaijani experts and civil society leaders.
Furthermore, there is going to be significant participation of experts
and civil society leaders from Nagorno-Karabakh.

This is the Third Armenian-Azerbaijani Public Peace Forum. The previous
two were in May 2008 in Istanbul and in October 2008 in Brussels.
"These events are taking place in the framework of
International Alert’s long term initiatives aiming to support peaceful
settlement of the Nagorno-Karabakh conflict. As you know we are one of
these organisations that have been working in the Caucasus for almost
20 years now. Otherwise we work in 24 other regions in the world that
have been affected by conflicts. We have many global initiatives as
well. But the South Caucasus has been always one of our priorities",-
she said.

Turkey Relations w/ Armenia and the Impact of the Armenian Diaspora

Journal of Turkish Weekly, Turkey
March 7 2009

Turkey’s Relations with Armenia and the Impact of the Armenian Diaspora

Kamer Kasim
Assoc. Prof. Dr., Columnist

Turkey’s relations with Armenia started in the unstable atmosphere of
the Caucasus. As a landlocked country, Armenia needed to establish
good relations with its neighbors, particularly with its western
neighbor Turkey. However, developments in Turkish-Armenian relations
have stalled over the years. There are three main reasons for this
situation. One reason is that Armenia has not openly recognized
Turkey’s territorial integrity and refuses to sign an agreement about
good neighborly relations and the inviolability of borders. Another
reason is the Armenian genocide allegations and the Armenian
government’s policy towards it. The last reason, which was
particularly responsible for the border closure, is the
Nagorno-Karabakh problem. The Armenian Diaspora is an actor to be
reckoned with in Turkish-Armenian relations.

Despite the obstacles mentioned above, there have been attempts for
rapprochement between the two countries, although they have not yet
produced meaningful results. It might be argued that Armenian Diaspora
and particularly the Diaspora organizations in the US are the main
reason for this.

The Armenian Diaspora has influenced Armenian politics through
Diaspora parties and organizations. It is particularly active in the
campaign about genocide allegations, which is an element of identity
that functions to keep the Diaspora together. The Diaspora spends a
great deal of its time, money, and energy on this issue, and an
industry composed of research institutes has developed that produces
materials such as shirts and mugs with symbols of genocide allegations
printed on them and even movies supporting these allegations. Armenian
Diaspora organizations in the US are particularly important in this
aspect. The Armenian Assembly of America (AAA) and the Armenian
National Committee of America (ANCA) are the two important Diaspora
organizations in the US. Although there are differences and
competition between them, they usually act together regarding the
genocide allegations. As the Diaspora has focused its efforts on a
single issue it has developed a professional ability to pressure the
political machinery. After Armenia became independent, the Diaspora
imposed its own political agenda on Armenia, which radicalized
Armenian politics. The Diaspora has negative effects on the
rapprochement efforts in Turkish-Armenian relations. The Diaspora and
Diaspora parties even interrupted the Armenian administration’s
opinion about the civilian initiative between the Turks and the
Armenians. For example, the Turkish-Armenian Reconciliation Commission
was established on 9 July 2001 with four Armenian and six Turkish
members. The Armenian Foreign Ministry welcomed the establishment of
the Commission. However, some Diaspora organizations, like the
Armenian Revolutionary Federation and the Armenian National Committee
of America, were against the Commission. After the Diaspora’s reaction
against the Commission, the Armenian Foreign Ministry changed its
opinion about the Commission and distanced itself from the work of the
Commission.

Turkey offered to establish a commission to research the
allegations. The idea to set up a scientific commission and study the
matter is an idea that the Diaspora strongly rejects, and it argued
that it would discuss the matter ` for instance, with regard to
matters such as compensation – after Turkey recognized the
`genocide.’ Why does the Diaspora push that approach? Because the
Diaspora accepts the genocide as a given fact. Re-evaluating
something accepted as a fact would also mean discussing an important
aspect of its identity, as well as questioning all the activities
undertaken by the Diaspora. As a result of these activities, a
genocide industry has developed around the allegations. Regarding
Turkey’s proposal, the Armenian Foreign Minister made an interesting
statement. He said that historians have already made their point,
meaning that now it is Turkey’s turn to recognize the `genocide,’
then we can talk. After that, former President Kocharian changed his
tone and said they could discuss the matter. He said historians may
get together as well but that actual talk should be made at a
governmental level. At that point the Armenian government departed
from the stand point of the Diaspora. After Turkey’s insistence, the
current Armenian government has reached a point that some kind of
commission might be established. However, this issue will probably
continue to be an obstacle in Turkish-Armenian relations for a long
time.

Armenia’s borders with Turkey are closed due to the Nagorno-Karabakh
problem and the genocide allegations. Armenia’s dependency on Russia
should be reconsidered after the Russian-Georgian crisis, and Armenia
should also consider its relations with Turkey in this atmosphere. The
US also reassessed its policy towards Armenia after the Russia-Georgia
war. Some policy makers in the US thought that Armenia should be tied
to the West and `rescued’ from Russian domination as soon as
possible. The key country in this strategy is Turkey. For this reason
Turkey faced pressure to open the land border with Armenia. The US and
Europe wanted Turkey and Armenia to start a dialogue. In this
atmosphere, the Armenian President’s invitation to the Turkish
President to attend a football match between the two national teams
was seen as reminiscent of the ping-pong diplomacy during the thaw in
US-Chinese relations in 1971. After long discussions, Turkish
President Abdullah Gül went to Armenia for the football match
on 6 September 2008. There were great expectations from this visit;
however, Armenia was reluctant to make the necessary effort to
normalize its relations with Turkey.

The normalization of Turkey’s relations with Armenia and the opening
of the Turkish-Armenian land border requires Armenia to take some
steps to fulfill Turkey’s conditions. Both former Armenian President
Kocharian and current President Sarkisian have from time to time
stated that Armenia is ready to establish relations with Turkey
without pre-conditions. These kinds of statements might be considered
a public relations activity and to give a message to the international
community, rather than a sign of genuine commitment. Turkey perceives
these statements as that Armenia will not take any steps regarding
Turkey’s conditions related to the normalization of relations between
the two countries. These statements also do not explain why Turkey
requires conditions to normalize relations and to open the land border
with Armenia. There are three reasons for this. First, as mentioned
above, Armenia has made the recognition of the genocide allegations a
major objective of its foreign policy and has included it their
documents. Second, the Declaration of Independence mentions `Western
Armenia,’ which indicates that Armenia claims rights to a part of
Turkey’s territory; Armenia also rejected the opportunity to make a
declaration involving the inviolability of borders and good neighborly
relations, thus it is unrealistic to expect that a country would
establish normal diplomatic relations with a country which does not
recognize its territorial integrity. And third, the Nagorno-Karabakh
problem has not been solved, and 20% of Azerbaijan’s territory is
under Armenian occupation. In this situation, saying `we are ready to
talk with Turkey without preconditions’ actually means setting forth a
condition. It means Armenia will take no action whatsoever on those
issues. It is an approach that tells Turkey to recognize the genocide
allegations, establish normal diplomatic relations, and open the land
border. Imagine, for instance, if France did not recognize the
territorial integrity of Spain and claimed that a certain part of the
territory of Spain is Western France, or if forces supported by France
occupied a part of another regional country which has good relations
with Spain. In such a situation, the relations between France and
Spain would not be so peaceful, and Europe would be like the Caucasus.

The normalization of Turkish-Armenian relations will reduce Armenia’s
dependence on Russia and help Armenia’s integration with the West. In
fact, the US Armenian Diaspora is also not happy with Armenia’s
dependence on Russia. However, the Diaspora’s stance regarding the
issues which are obstacles to Turkish-Armenian relations is not
helpful for bilateral relations. The US might be able to put pressure
on Armenia using the economic aid card to take the necessary steps to
improve its relations with Turkey. However, the influence of Armenian
Diaspora means that the US finds it difficult to implement policy
which suits the US national interest. If the US manages to reduce the
Diaspora’s influence on Armenia, that will be helpful in improving
Turkish-Armenian relations. This became even more important after the
Russian-Georgian conflict in the Caucasus. Cooperation between Turkey
and the US is important for the security of energy transit in the
region and also the security of energy producer and transit
countries. The Armenian administration’s strong cooperation with
Russia and its policy towards the Nagorno-Karabakh conflict increases
Russian influence in the Caucasus. Despite the mutual benefits of
regional cooperation, the circumstances do not allow the normalization
of relations between Turkey and Armenia. Only domestic policy change
in Armenia through outside pressure or other ways might lead to the
adjustment of Armenian policy regarding the three issues which prevent
the normalization of Turkish-Armenian relations.

Assoc. Prof. Dr. Kamer KASIM*

———————————————— ————

*Abant Izzet Baysal University, Department of International
Relations/Turkey/ISRO (USAK) advisor. E-Mail:[email protected]
Saturday, 7 March 2009

——

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they necessarily reflect the opinions of JTW or ISRO. The opinions
published here are held by the authors themselves and not necessarily
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http://www.turkishweekly.net/columnist/3113/-turk

Valleta Company (Armenia) Effects First Coupon Payment

VALLETA COMPANY (ARMENIA) EFFECTS FIRST COUPON PAYMENT

ARKA
March 6, 2009

YEREVAN, March 6. /ARKA/. On March 4, the Valletta Company (Armenia)
effected the first coupon payment. According to the information
available on the official website of ArmSwissbank the payments
were effected on the coupon bonds of the AMVALTB23ER5 series, with
ArmSwissbank acting as clearing bank.

The Valletta Ltd launched its activities in Armenia in 1990. The
company specializes in export and imports, fast food production, tea
and coffee business, as well as in developing enterprises that later
operate as independent enterprises. The company comprises processing
enterprises, restaurants, store chains and firms importing household
appliances.

ArmSwissbank was incorporated on November 22, 2004, with 100%
Swiss capital.

On February 25, 2005, the bank received a banking license. On October
6, 2008, ArmSwissbank became an official market maker for the third
bond tranche of the Vallet Company.

ArmSwissbank joined the Armenian Stock Exchange on September 14, 2007,
and is currently acting as market-maker for corporate bonds issued by
ArmRosgasprom (HRGAB2), the only bonds presently on the Abond list,
as well as for the bonds issued by the Valletta Company (VALTB2,
VALTB3), Armenian Copper Program (ARCPB1) and HSBC Bank Armenia,
which bonds are on the Bbond list.

Ukrainian Diplomat Was Blamed For Demagogy

UKRAINIAN DIPLOMAT WAS BLAMED FOR DEMAGOGY

Lragir.am
14:36:54 – 06/03/2009

A couple of days ago during the economic forum in Tsakhkadzor in
the presence of the Armenian Prime Minister a representative of
the Ukrainian embassy to Armenia took out bottles of Ukrainian vodka
produced in Armenia considering illegal their presence in the Armenian
economy. Reporters informed about this incident the Chair of the State
Commission on the Economic Competition Ashot Shahnazaryan wondering
whether the Commission will deal with this problem.

First Ashot Shahnazaryan said that the Ukrainian diplomat should
officially bring up that question instead of demagogy. As to that
problem, he stated that the Armenian citizens are better aware of
such products because they see the difference in prices between the
same types of vodka as for example the vodka Medoff sometimes is sold
at 300 drams and sometimes 1000 drams.

Ashot Shahnazaryan said that they took proceedings in this connection.

IMF To Allocate $540 Million For Armenia To Stabilize Payment Balanc

IMF TO ALLOCATE $540 MILLION FOR ARMENIA TO STABILIZE PAYMENT BALANCE

ARKA
March 3, 2009
YEREVAN

The International Monetary Fund (IMF) plans to earmark $540mln to help
Armenia stabilize its payment balance, IMF Permanent Representative
in Armenia Ninke Oomes reported.

The annual interest rate of the five-year loan is 1.54%. The credit
funds will be sent to the Central Bank of Armenia (CBA) and will help
replenish the country’s foreign-currency reserves, Oomes said.

IMF Managing Director Dominique Strauss-Kahn today urged the fund’s
Executive Board to approve a 28-month $540mln stand-by arrangement
for Armenia.

According to Oomes, the application will probably be approved on
March 6 and the fund will start earmarking the funds. The first
$240mln will be paid flat next week.

The funds are enough to boost Armenia’s payment balance, Oomes said,
citing IMF experts’ forecasts.

With $525mln worth WB assistance and $500mln Russian loan, Armenia
will get a strong financial support, the IMF permanent representative
concluded.