TURKISH press: UK to start new drone program following example of Turkey’s Bayraktar: Guardian

An Azerbaijan army Bayraktar TB2, a medium-altitude, long-endurance unmanned combat aerial vehicle, is displayed during a military parade to mark the victory in the Nagorno-Karabakh conflict, in Baku, Azerbaijan, Dec. 10, 2020. (Turkish Presidential Press Office / Handout via Reuters)

The United Kingdom wants to embark on a new armed drone program after studying the success of Turkish Bayraktar drones in the recent Nagorno-Karabakh conflict, the Guardian newspaper reported late Wednesday, citing Ministry of Defense officials.

“Defence officials believe that Azerbaijan’s use of cheaper Turkish drones in the six-week autumn war was crucial in defeating the Armenians,” the paper said.

A Moscow-brokered truce was reached between Armenia and Azerbaijan, after more than six weeks of deadly clashes over Nagorno-Karabakh, a region that lies within Azerbaijan but has been illegally occupied by ethnic Armenian forces backed by Armenia since a separatist war there ended in 1994. Following the truce Nagorno-Karabakh’s separatist leader, Arayik Harutyunyan, acknowledged that "had the hostilities continued at the same pace, we would have lost all of Artsakh (an Armenian name for Nagorno-Karabakh) within days.” Bayraktar TB2 drones operated by the Azerbaijani military proved extremely effective in the country's success in taking back its territories.

The Guardian also touched upon the Bayraktar TB2 drones’ affordability, saying that each one of them costs between $1 million to $2 million while other drones previously procured by the British military cost around $20 million each.

The British defense secretary, Ben Wallace, also previously praised the Bayraktar drones.

"The roots of these drones are born out of Turkish innovation," Wallace said in a webinar organized by the Royal United Services Institute for Defense and Security Studies (RUSI), a British security think tank.

"Prevented from gaining access to exquisite foreign programs, they (Turkey) did what we used to do so well – they innovated."

Wallace said the Turkish drone has the capability to present "real challenges to the enemy."

Turkey realized its program of developing and producing drones over a short span of 10 years. The Bayraktar TB2 armed drones, produced by the country's leading unmanned aerial platform developer Baykar, have been operationally used since 2015. They have continued to support Turkey’s fight against terrorism in other regions while providing effective surveillance, reconnaissance and fire support.

TURKISH press: Ancient Urartian caves of Tunceli to be restored in eastern Turkey

The cave rooms photographed in Tunceli, eastern Turkey, Dec. 29, 2020. (DHA Photo)

Ancient Urartian cave rooms in the Çemişgezek district of eastern Turkey’s Tunceli are expected to boost tourism in the city. The cave rooms, which were carved out by ancient people to create a settlement area, will be restored thanks to a project by the local district municipality.

Located in the hidden paradise of Tağar Creek Valley, the prehistoric cave rooms are a natural and archaeological protected site. Although the cavernous holes attract thousands of visitors every season of the year, they are mostly in ruins and have been targeted by treasure hunters for many years. Çemişgezek Municipality has embarked on a project to restore the caves back to their former glory.

Mehmet Güder, district governor of Çemişgezek, authorized the project that was approved by the Fırat Development Agency, a state-funded organization to help the local development of the region. The restoration and the related environmental planning consist of a suspension bridge for ease of accessibility, a walking trail, decorative lighting and restoration of the caves while protecting their historical texture.

"The project will boost tourism in the district that is home to cultural, historical and natural attractions," Güder said. “We are working extremely hard on this project to ensure that the caves which were human-made nearly 3,000 years ago during the Urartu civilization, a ninth-century B.C. kingdom located in modern-day eastern Anatolia, are accessible and enjoyable to the public. Thankfully Fırat Development Agency has greenlit the project in recent days and efforts will continue according to plan,” he said.

Historically several names have been given to the mountain houses in these caves, including “Derviş (Dervish) cells” and “den holes.” The ancient architects of the caves are thought to be from the Urartian civilization.

The scenic view from a cave room in Tunceli, eastern Turkey, Dec. 29, 2020. (DHA Photo)

The settlement complex consists of four stories and features 25 rooms with natural heating systems and long corridors with large scenic windows. The topmost flat, called “Bey Odası” ("Bey's Chambers"), is a stone kiosk of sorts with an indoor pool but is almost impossible to reach due to the narrow stairs and corridors. There are also underground water reservoirs that collect fresh rainwater that seeps through the rock. Whether these reservoirs are natural or human-made is unknown.

The caves are one of the most intriguing and fascinating sights in Tunceli. Güder stated that they are determined not to alter the natural and historical texture of the site and will be using wood for the restoration project. “We have plans for a wooden suspension bridge, a walking trail with wooden railing and external installations of lighting.”

“We have acquired approval from Erzurum Cultural and Natural Heritage Preservation Foundation, for the project,” he added. “This project will boost tourism in Çemişgezek and Tunceli, and will be an important part of our regional and national heritage.”

RFE/RL Armenian Report – 12/30/2020

                                        Wednesday, 

Armenian Parliament Delays Anti-Tobacco Measures

        • Narine Ghalechian

Armenia -- Deputies from the ruling My Step alliance attend a parliament session 
in Yerevan, June 28, 2019.

Ignoring strong objections from health experts, the National Assembly has 
delayed by one year the entry into force of several provisions of a law designed 
to curb widespread smoking in Armenia.

The law enacted in February 2020 among other things banned supermarkets, smaller 
shops and kiosks from displaying cigarette packs on their shelves and 
advertising e-cigarettes and vaporizers in any way. It also required tobacco 
manufacturers to put starker health warnings on cigarette packs starting from 
January 2021.

Several pro-government lawmakers, including the chairman of the Armenian 
parliament committee on healthcare, proposed earlier this month that these 
anti-smoking measures be delayed until January 2022 for economic reasons. The 
parliament unanimously passed on Tuesday a relevant amendment to the law drafted 
by them and strongly opposed by the Ministry of Health.

The main sponsor of the legislation, Babken Tunian, has cited the need to shore 
up the Armenian economy which plunged into a deep recession following the 
outbreak of the coronavirus pandemic. Tunian, who represents Prime Minister 
Nikol Pashinian’s My Step bloc and heads a parliament committee on economic 
issues, has claimed the ban on promoting cigarette substitutes alone would cost 
local retailers at least $15 million in annual revenue.

“Nobody has a problem with the fight against smoking,” he said during a 
parliament debate on the issue. “We just need to achieve that [public health] 
goal in a maximally balanced way, without creating further risks for the 
economy.”

Deputy Health Minister Lena Nanushian dismissed these arguments. She insisted 
that the economic cost of enforcing the restrictions would be minimal and that 
Armenian businesses were ready to comply with them.

“The amendment submitted by the deputies will lead to an increase in the number 
of smokers at the expense of our children,” Nanushian told the parliament. She 
claimed that the one-year delay would cause 310 additional tobacco-related 
deaths in Armenia.

The anti-smoking law drafted by the Ministry of Health already underwent some 
changes before being passed by the National Assembly in February. In particular, 
the parliament decided to postpone until March 2022 a ban on smoking in cafes, 
restaurants and all other indoor public places.

Armenia is a nation of heavy smokers with few restrictions on tobacco sales and 
use enforced to date. According to Ministry of Health estimates, 52 percent of 
Armenian men are regular smokers. Medics blame this for a high incidence of lung 
cancer among them. The smoking rate among women is much lower.



Armenian, Azeri Security Chiefs Meet In Moscow


Russia -- Alexander Bortnikov (R), the head of Russia's Federal Security 
Service, hosts a meeting of his Armenian and Azerbaijani counterparts, Moscow, 
December 28, 2020.

The heads of Armenia’s and Azerbaijan’s main security services have met in 
Moscow to discuss the implementation of the Russian-brokered agreement to stop 
the war in Nagorno-Karabakh, it emerged on Wednesday.

Armenia’s National Security Service (NSS) reported that the head of Russia’s 
Federal Security Service (FSB), Alexander Bortnikov, hosted a trilateral meeting 
with his Armenian and Azerbaijani opposite numbers on Monday.

An NSS statement said the three men discussed “a number of pressing issues, 
including the exchange of prisoners and the search for missing persons.”

The statement added that NSS Director Armen Abazian and the chief of 
Azerbaijan’s State Security Service, Ali Naghiyev, reached “understandings on 
works to be carried out in various directions.” It did not elaborate.

The FSB issued no statement on the meeting. Bortnikov visited Yerevan and Baku 
earlier in December.

The Moscow meeting took place amid Baku’s claims that Armenian troops attacked 
on Sunday an Azerbaijani army unit in Karabakh’s southern Hadrut district that 
was occupied by Azerbaijani forces during the six-week war. Azerbaijan’s Defense 
Ministry said one Azerbaijani and six Armenian soldiers were killed in the 
firefight.

Armenia’s Defense Ministry strongly denied the allegations, saying that 
Karabakh’s Armenian-backed Defense Army did not conduct any military operations 
or violate the ceasefire otherwise.

The Defense Army likewise insisted on Wednesday that “not a single gunshot” was 
fired by its troops in recent days. In a statement, it also argued that the 
scene of the alleged incident is located dozens of kilometers from the nearest 
section of the Armenian-Azerbaijani “line of contact.”

The Karabakh Armenian army said it is now examining videos posted on Azerbaijani 
social media accounts purportedly showing the six Armenians allegedly killed on 
Monday. It suggested that they may have been captured and executed earlier.



Pashinian To Continue Talks On Snap Elections

        • Naira Nalbandian

Armenia -- Amenian Prime Minister Nikol Pashinian addresses the nation, Yerevan, 
November 14, 2020.

Prime Minister Nikol Pashinian will continue political consultations on his 
proposal to hold fresh parliamentary elections despite being rebuffed by the two 
opposition parties represented in Armenia’s parliament.

The leaders of the opposition Prosperous Armenia (BHK) and Bright Armenia (LHK) 
parties, Gagik Tsarukian and Edmon Marukian, insisted on Pashinian’s resignation 
when they separately met with him on Tuesday. They said the elections must be 
held by a new, interim government.

“I cannot say that yesterday’s meetings were failed ones,” Pashinian’s press 
secretary, Mane Gevorgian, told RFE/RL’s Armenian Service on Wednesday. “There 
was a discussion, the interested parties listened to each other, and discussions 
are continuing at this stage.”

Gevorgian said Pashinian will also meet with a nominally independent 
parliamentarian leading a recently formed party as well as the heads of other 
political groups that hold no seats in the National Assembly. She could not say 
whether he plans further talks with the BHK and the LHK.

Pashinian declined to talk to reporters after meeting with Tsarukian and 
Marukian in the parliament. Senior lawmakers from his My Step bloc could not be 
reached for comment on Wednesday.

Tsarukian’s BHK is part of a coalition of more than a dozen opposition parties 
that have been holding anti-government demonstrations since the Russian-brokered 
ceasefire that stopped the war in Nagorno-Karabakh on November 10. In a weekend 
statement, the Homeland Salvation Movement again demanded that Pashinian hand 
over power to an interim government that would hold fresh elections within a 
year.

The prime minister has repeatedly rejected the opposition demands.



Putin Looks To Strengthen Russian-Armenian Ties


RUSSIA -- Russian President Vladimir Putin holds an end of the year meeting with 
members of the government via a videoconference call at the Novo-Ogaryovo state 
residence outside Moscow on December 24, 2020.

Russia’s President Vladimir Putin has called for a further deepening of 
Russian-Armenian relations in New Year and Christmas messages sent to Armenia’s 
leaders.

“The outgoing year was not an easy one, but we hope that the challenges it 
brought along will be left behind,” Putin wrote to Armenian Prime Minister Nikol 
Pashinian. “Importantly, we became fully convinced of the significance of 
friendly, allied relations between our countries.”

“I am convinced that the further development of multifaceted Russian-Armenian 
ties meets the fundamental interests of our two brotherly peoples and goes in 
the mainstream of ensuring peace, security and stability in the South Caucasus 
region,” he said.

“I would like to confirm the commitment to the further development of 
Russian-Armenian allied cooperation,” read a separate message sent by Putin to 
President Armen Sarkissian on Wednesday.

Russia already has close political, economic and military ties with Armenia. Its 
strong geopolitical influence in the South Caucasus was highlighted by the 
recent war in Nagorno-Karabakh. Moscow helped to stop the six-week war with an 
Armenian-Azerbaijani ceasefire agreement which was brokered by Putin on November 
9.

The agreement led to the deployment of 2,000 Russian peacekeeping troops in 
Karabakh. Russia also deployed soldiers and border guards to Armenia’s Syunik 
region southwest of Karabakh to help the Armenian military defend it against 
possible Azerbaijani attacks.

Putin also praised Russia’s relationship with Azerbaijan. In a New Year message 
to Azerbaijani President Ilham Aliyev reported by the Kremlin, he said Moscow 
and Baku should deepen their “mutually beneficial relations in all directions.”

The Russian leader also sent a congratulatory message to Robert Kocharian, a 
former Armenian president facing coup and corruption charges rejected by him as 
politically motivated. He has previously described Kocharian as a “remarkable 
statesman who has done a great deal for the development of modern Armenia.”

Earlier this month Kocharian joined the Armenian opposition in blaming Pashinian 
for the Armenian side’s defeat in the Karabakh war and demanding his 
resignation. He visited Moscow later in December on what his office described as 
a private trip.

Pashinian’s resignation has also been demanded by some prominent members of 
Russia’s large Armenian community. They include billionaire businessman Samvel 
Karapetian and Ara Abrahamian, the pro-Kremlin head of the Union of Armenians of 
Russia.


Reprinted on ANN/Armenian News with permission from RFE/RL
Copyright (c) 2020 Radio Free Europe / Radio Liberty, Inc.
1201 Connecticut Ave., N.W. Washington DC 20036.

 


Asbarez: National Salvation Leaders Meet with Employees’ Union

December 30,  2020



National Salvation Movement’s candidate for prime minister, Vazgen Manukyan, and coordinator of the movement Ishkhan Saghatelyan on Wednesday met with the chairman of Armenia’s Employees’ Union, Gagik Makaryan.

National Salvation Movement’s candidate for prime minister Vazgen Manukyan and coordinator of the movement Ishkhan Saghatelyan on Wednesday met with the chairman of Armenia’s Employees’ Union, Gagik Makaryan.

The current socio-economic crisis in Armenia and its main reasons, as well as the challenges facing the country were discussed.

The side exchanged views on ways to emerge from the current situation and agreed to continue talks about programs to emerge from the socio-economic crisis.

Vazgen Manukyan meets with representatives of the cultural community

Earlier on Wednesday, Manukyan met with representatives of the arts and culture communities in Armenia.

Manukyan presented the priorities of the National Accord government, which he seeks to lead, among them modernizing the armed forces, the reestablishment of Karabakh talks under the OSCE Minsk Group banner, the recalibrating of relations with allies and the realization of financial and socio-economic program to lead Armenia out of the current crisis.

Manukyan said members of the arts, culture and academic communities will have an important role to play in addressing national concerns and said the cooperation with these communities was crucial.
The participants of the meeting expressed their concerns about the current domestic political situation in Armenia, and expressed their collective belief that the best way to emerge from the crisis and to not endanger the country’s future would be the resignation of the prime minister and government.

The culture and arts representatives also presented issues of concern to them and their community, adding that they are planning to start a movement to make the voices of the intelligentsia heard in Armenia’s civic life.

Yerevan Declares Position on Border Demarcation Process

December 30,  2020



Armenia-Azerbaijan border

Border demarcations are successive bilateral international processes that require the existence of a joint commission and within the framework of which professional discussions and negotiations are held. A prerequisite for the above-mentioned processes is the existence of normal bilateral relations, including diplomatic relations, between the neighboring states, Armenia’s Foreign Ministry said about the process, which has become a point of contention since the signing of the November 9 agreement.

The foreign ministry released its position in response to an inquiry from Armenia’s Human Rights Defender Arman Tatoyan, who published the statement on social media.

“Following my visit to the Syunik province of Armenia, I sent an official inquiry to the Ministry of Foreign Affairs in connection with the demarcation processes, taking into account the direct impact of these processes on human rights in the current situation,” Tatoyan explained.

Excerpts of the statement are presented below.

In international practice, a bilateral intergovernmental commission (chaired by representatives of the foreign ministries of the countries) is formed to carry out demarcation and demarcation processes between neighboring countries, consisting of representatives of state stakeholders (foreign policy, defense, security), experts (particularly in the field of geodesy cartography).

The first stage of the work of such commissions, as a rule, ends with a separate bilateral agreement on the legal basis of the demarcation, and later, after the demarcation, on the joint implementation of the demarcation process.

Upon successful completion of the bilateral process, the Commission concludes an agreement on the border between the two countries, which stipulates that all border issues have been resolved.

Prior to the commencement of the above-mentioned processes, “their successful completion, the deployment of armed forces or border troops to conduct combat duty along the state border is a purely defensive” security measure, in areas actually under the control of the parties, negotiated directly or indirectly between representatives of the armed forces.”

Therefore, the implementation of the current measures is not related to status issues, cannot be interpreted as a final agreement on demarcation, or mechanical approval of existing administrative boundaries”.

The Human Rights Defender of Armenia has established effective cooperation and reliable cooperation with the Ministry of Foreign Affairs on the mentioned issues, as well as on various other issues, especially with our country’s permanent representatives in international structures and our ambassadors to a number of countries.”

Lavrov Brushes Off Azeri Attack on Hadrut Villages

December 30,  2020



Artsakh Hadrut region came under attack by Azerbaijani forces

Russian Foreign Minister Sergei Lavrov brushed off the urgency and seriousness of Azerbaijani attacks on two Armenian villages in Hadrut on December 13, simply saying that at the time Russian peacekeepers were not stationed at the line of contact. He then praised efforts of his country to establish peace in the region.

“The only noticeable violation in the line of contact on December 13 took place in a location where there were no Russian peacekeepers,” Lavrov said during an interview with TASS. “The steps initiated by the command of our peacekeeping contingent in contacts with our Azerbaijani and Armenian colleagues allowed us to avoid an escalation of the incident. We will further continue making all efforts to not allow ceasefire violations.”

Azerbaijani armed forces, using heavy military equipment and vehicles attempted an invasion of the Hin-Tagher and Khtsabert villages in the Hadrut region of Artsakh, which fall under Armenian control following the November 9 agreement.

The Russian foreign minister said that through his country’s efforts, the situation in the conflict zone is “on its way to a resolution.” He added that there have not been any provocations against Russian peacekeepers.

Lavrov also expressed readiness to organize a meeting between Armenia and Azerbaijan for discussing the unresolved political issues in the Nagorno Karabakh conflict.

“As for the political issues which are still not resolved, I can reaffirm our readiness both at the national level and within the OSCE Minsk Group Co-Chairs to assist in organizing such meetings when the sides are ready to that,” Lavrov told TASS.

The Russian foreign minister said that currently the agenda is focused on not allowing any ceasefire violation, as well as clearing the territory from explosive objects, exchanging the prisoners of war and the bodies of the dead, ensuring the security of the return of refugees and internally displaced people, solving humanitarian problems, preserving the historical monuments regardless of their religious affiliation, unblocking transportation and economic ties.

“There is something positive in all these directions, but problems are emerging which are inevitable given the complexities of the situation,” he said.

Azerbaijan Attempts to Hide Another War Crime, Artsakh Defense Army Warns

December 30,  2020



Soldiers of the Artsakh Armed Forces

The Defense Army of the Artsakh Republic on Wednesday reaffirmed its earlier statement that neither on December 27, nor in the days preceding it, no unit of the Defense Army was involved in any military operation, not a single shot was fired. The ceasefire regime has been maintained along the entire length of the line of contact.

The comments come after footage was shared on Azerbaijani social networks, allegedly showing the bodies of six Armenian servicemen killed in the occupied Hadrut region of Artsakh.

“Azerbaijan is talking about a village in the depths of the territories controlled by them, far enough from the front line,” meaning that the Defense Army servicemen would have to cross the front line and fight behind enemy positions, which is impossible given the presence of the Azerbaijani forces and the Russian peacekeepers.

“No less important is the ‘coincidence’ that yesterday Azerbaijan violated the agreement reached earlier, did not allow search groups to enter the areas where, according to them, the “battles” took place. And this is in the case when the agreement on the work of the search groups in those areas was reached on December 27, that is, according to the Azerbaijani side, on the very day the so-celled ‘battles’ took place,” the Defense Army said.

The combination of the above facts suggests that the actions and statements of the Azerbaijani side are intended to cover up another war crime, and that was the purpose of refusing to allow search groups to enter the mentioned territories.

Active work is under way to find out the identities of the people depicted in the footage. The Defense Army does not rule out that we are dealing with the brutal murder of captives taken hostage earlier.

“We strongly condemn this policy of the Azerbaijani side, which contradicts the logic of the November 9 trilateral statement. The Artsakh Republic will be consistent in revealing the war crimes committed by Azerbaijan,” the Defense Army stated.

Asbarez: Armenia, Azerbaijan Security Chiefs Meet In Moscow

December 30,  2020



Alexander Bortnikov (right), the head of Russia’s Federal Security Service, hosts a meeting of his Armenian and Azerbaijani counterparts in Moscow on Dec. 28

YEREVAN (Azatutyun.am)—The heads of Armenia’s and Azerbaijan’s main security services have met in Moscow to discuss the implementation of the Russian-brokered agreement to stop the war in Nagorno-Karabakh, it emerged on Wednesday.

Armenia’s National Security Service (NSS) reported that the head of Russia’s Federal Security Service (FSB), Alexander Bortnikov, hosted a trilateral meeting with his Armenian and Azerbaijani opposite numbers on Monday.

An NSS statement said the three men discussed “a number of pressing issues, including the exchange of prisoners and the search for missing persons.”

The statement added that NSS Director Armen Abazian and the chief of Azerbaijan’s State Security Service, Ali Naghiyev, reached “understandings on works to be carried out in various directions.” It did not elaborate.

The FSB issued no statement on the meeting. Bortnikov visited Yerevan and Baku earlier in December.
The Moscow meeting took place amid Baku’s claims that Armenian troops attacked on Sunday an Azerbaijani army unit in Karabakh’s southern Hadrut district that was occupied by Azerbaijani forces during the six-week war. Azerbaijan’s Defense Ministry said one Azerbaijani and six Armenian soldiers were killed in the firefight.

Armenia’s Defense Ministry strongly denied the allegations, saying that Karabakh’s Armenian-backed Defense Army did not conduct any military operations or violate the ceasefire otherwise.
The Defense Army likewise insisted on Wednesday that “not a single gunshot” was fired by its troops in recent days. In a statement, it also argued that the scene of the alleged incident is located dozens of kilometers from the nearest section of the Armenian-Azerbaijani “line of contact.”

The Karabakh Armenian army said it is now examining videos posted on Azerbaijani social media accounts purportedly showing the six Armenians allegedly killed on Monday. It suggested that they may have been captured and executed earlier.

Armenpress: From disaster to new beginning: Government plans to revive Armenian economy in 2021

From disaster to new beginning: Government plans to revive Armenian economy in 2021

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YEREVAN, DECEMBER 30, ARMENPRESS. The Armenian government eyes to make the Defense Ministry one of the boosting forces of the economy, and in the next years the military will become one of the largest clients of the economy, according to the Minister of Economy Vahan Kerobyan.

“2020 was a year of decline, but 2021 must become a year of growth,” Kerobyan told ARMENPRESS in an interview on the government’s action plan for reviving the economy.

“There are different assessments, the most optimistic one is perhaps mine. We are going to try to have even a double-digit growth, in order to compensate and even surpass the 2019 results. 2020 was a disastrous year – the coronavirus, war, but this is also a good chance for a new beginning, to rethink the branches of the economy, our lifestyle, to focus on education, science and so on. One of the important issues that the state should focus on is the extension of the value chains through deepening of cooperation. For example, there are good jewelers and good diamond producers in Armenia. But the diamond producers are selling their diamonds abroad, while the jewelers in turn are buying diamonds abroad. It seems like the cooperation should’ve been closer domestically, and the resulting added value that stays in Armenia would be greater, but this cooperation doesn’t exist, everyone is working on their own. As a ministry, our job must be to bring these people together. This is one of the directions, but not the most important one. The most important is to inject blood into the economy’s veins. And that’s called capital. In Armenia the capital continues to be very inaccessible. We have banks that give loans, and this is an established financial system, but this is just one of the financing layers of the economy. We have neither angel funding tools, nor private or venture fund tools, nor corporate bond market, nor an established capital market. These are all the fundamental infrastructures which should feed the economy with capital. Our biggest priority should be to make financial means accessible to the economy and generally businessmen and anyone willing to conduct business,” Kerobyan said.

The minister said they are planning to significantly change the government’s role in investment policy to improve the investment climate. “The state has many resources – property, money, legislative regulations, and we must use this all to encourage the investment environment. For example, we don’t have a good legislation on reservoirs, and reservoirs aren’t being constructed. There is big competition now in terms of solar power stations. Now, if we give good opportunities to people, good business case on reservoirs, then we can create a new investment sector. And those who want to make a one-time investment and receive a 20-year guaranteed profit will immediately enter this business. We will create new opportunities.”

Speaking about the devaluation of the Armenian dram, Kerobyan dismissed concerns and noted that the devaluation is actually boosting exports.

“As an export-oriented country and economy, we should certainly keep our currency in line with those of our main trading partners. And today the Armenian dram is a lot more stable than the currencies of our main partners – EEU countries, Georgia, Iran and many others, where this year they experienced a COVID-19-related currency devaluation of 30-40%”.

“From this perspective we believe that on the contrary this devaluation is far less than the Armenian economy needs,” he added.

Interview by Anna Grigoryan; Editing and Translating by Stepan Kocharyan




With Peacekeeping Mission, Russia Finds a New Status Quo in Nagorno-Karabakh

Voice of Amercia
Dec 31 2020
09:48 AM
As the year winds down, Russia is taking on a new role in the decades-long fight between former Soviet republics Armenia and Azerbaijan over the disputed Nargorno-Karabakh enclave — namely, that of peacekeeper.  And as Charles Maynes reports from Moscow, that’s likely to ensure Russia remains a power broker in the south Caucuses region for the foreseeable future.

Camera: Ricardo Marquina, Agencies

Watch the video at