Armenia’s PM reiterates his call to open road to Amulsar

News.am, Armenia
Jan 25 2020

Lydian will supposedly apply to arbitrary which will create legal issues for the country, Armenia’s Prime Minister Nikol Pashinyan told the reporters today in Kapan.

“Today too I urge to open the road and consider the actions of our dear compatriots illogical as because of them the issue has entered a deadlock. The issue will not be solved unless the road is opened,” Armenia’s PM said.

He stressed that he is interested in exploitation of the mine.

“I can say both yes and no. I am interested in the exploitation of Amulsar mine as it is related to Armenia’s security environment. If Amulsar was exploited this year we would have had not 7,5 but much bigger economic growth and thousands of jobs,” the head of the government stated.

“On the other hand in no case I will agree to exploitation of Amulsar if it harms the health of the people of Armenia, Jermuk and nearby communities and causes not restorable harms to the country’s nature,” Pashinyan said.

The PM said as far as the road to the mine is closed we cannot conclude whether the exploitation will harm or not.

“I consider such actions illogical, disrespectful, not stemming from Armenia’s interests,” the head of the government said.


Armenian Patriarchate of Constantinople objects public tender for Sanasaryan Han

Panorama, Armenia
Jan 25 2020
Society 18:38 25/01/2020 Region

Turkey’s Armenian Patriarchate said on Friday that Turkish authorities decision to hold a tender to rent the Sanasaryan Han was unjust as the legal process over the ownership of the iconic Istanbul building was still underway, Agos newspaper reported.

The General Directorate of Foundations said the inn was to be put out to tender on Jan. 28 to rent it out for the next 35 years and make it a five-star hotel, in an announcement published in the Official Gazette on Dec. 31.

The Armenian Patriarchate of Turkey said in its statement that such a move would be wrong as Turkey’s Constitutional Court had been examining the appeal of the Patriarchate about the conflict on the ownership of Sanasaryan Han.

Sanasaryan Han in the Sirkeci district is one of the oldest Armenian buildings in Istanbul. The inn was built by the Armenian merchant and philanthropist Mkrtich Sanasaryan. The building was put under the administration of the Armenian Patriarchate in Istanbul in 1920, but the Turkish state confiscated it in 1928.
The Armenian Patriarchate filed a lawsuit in 2014, asking authorities to return the building. After years of legal battle, a Turkish appeals court last year ruled to return the title deed of Sanasaryan Han to the General Directorate of Foundations.

The Patriarchate’s lawyer, Ali Elbeyoğlu, took the case to the Constitutional Court as a result. Elbeyoğlu also filed a legal complaint in an administrative court in Ankara, requesting the directorate to return all revenues generated from the building to the Patriarchate to be used in accordance with the title deed of the Sanasaryan Foundation.

President Sarkissian visits Armenian Patriarchate of Jerusalem

Public Radio of Armenia
Jan 25 2020

Turkey’s Armenian Patriarchate objects public tender for iconic Istanbul building

AHVAL News
Jan 25 2020

Turkey’s Armenian Patriarchate said on Friday that Turkish authorities decision to hold a tender to rent the Sanasaryan Han was unjust as the legal process over the ownership of the iconic Istanbul building was still underway, Armenian weekly newspaper Agos reported

The General Directorate of Foundations said the inn was to be put out to tender on Jan. 28 to rent it out for the next 35 years and make it a five-star hotel, in an announcement published in the Official Gazette on Dec. 31.

The Armenian Patriarchate of Turkey said in its statement that such a move would be wrong as Turkey’s Constitutional Court had been examining the appeal of the Patriarchate about the conflict on the ownership of Sanasaryan Han. 

Sanasaryan Han in the Sirkeci district is one of the oldest Armenian buildings in Istanbul. The inn was built by the Armenian merchant and philanthropist Mkrtich Sanasaryan.

The building was put under the administration of the Armenian Patriarchate in Istanbul in 1920, but the Turkish state confiscated it in 1928.

The Armenian Patriarchate filed a lawsuit in 2014, asking authorities to return the building. After years of legal battle, a Turkish appeals court last year ruled to return the title deed of Sanasaryan Han to the General Directorate of Foundations.

The Patriarchate’s lawyer, Ali Elbeyoğlu, took the case to the Constitutional Court as a result. Elbeyoğlu also filed a legal complaint in an administrative court in Ankara, requesting the directorate to return all revenues generated from the building to the Patriarchate to be used in accordance with the title deed of the Sanasaryan Foundation. 


Armenian PM reflects on possible operation of Amulsar mine

News.am, Armenia
Jan 25 2020

15:26, 25.01.2020
                  

YEREVAN. – Armenian PM Nikol Pashinyan believes that the actions of activists who blocked the road leading to the Amulsar mine are not logical and disrespectful.

He said there are concerns over possible appeal of the Lydian owners to the international court of arbitration.

“I reiterate my calls to open the road and believe that the actions of our dear compatriots are wrong. The issue will not be solved, until the road is closed,” he said.

Wondering whether he is interested in the operation of Amulsar, Pashinyan said: “Yes, because, as I mentioned it previously, the exploitation is associated with an atmosphere of security. If the mine worked, economic growth would not be 7.5%, thousands of jobs would be created. But on the other hand, I would never agree to the operation of the mine to the detriment of the health of the local residents in Jermuk, neighboring villages, or irreversible damage to the environment and the country”.

However, until the roads leading to the mine are blocked, it is not possible to clarify the matter.

“The actions of the activists are not logical, disrespectful and they do not stem from the interests of Armenia,” he said.

Pashinyan admitted that those concerned are doing everything to reduce the company's shares on the stock exchange.

“But they will be disappointed. If it turns out that there is something like that, they will be held accountable,” Pashinyan promised.

Armenian PM: We broke backbone of hybrid coup

News.am, Armenia
Jan 25 2020

14:19, 25.01.2020
                  

YEREVAN. – Armenian Prime Minister Nikol Pashinyan said they managed “to break the backbone of a hybrid coup attempt”.

He added that tens of thousands of dollars, media and the Internet were used to discredit the Armenian authorities, the Prime Minister and his family, but the attempts in a “hybrid war” were “fully neutralized”.

Pashinyan emphasized that senior officials, the representatives of criminal circles and even judiciary representatives were involved.

“Constitutional Court, some officials. But, I am glad to happy that it seems 80% of the members of the Constitutional Court are not involved in the process,” said Pashinyan but declined to name anyone.

He added that these individuals had made several foreign visits and met representatives of the international organizations.

Pashinyan assured that the Armenian security officials are dealing with the matter and those responsible will be held accountable once they have enough evidence.

“We broke the backbone of the hybrid coup. Some of them pin hope on the Artsakh election. They hope to make a person renounced by people the president of Artsakh. But they will face, as the authorities of Armenia and Artsakh have clear understanding of this scenario, just as the people of Artsakh and the national security agencies,” Nikol Pashinyan concluded.

Congressman visits Armenian school in California

Big News Network
Jan 25 2020

PanARMENIAN.Net – The students of Holy Martyrs Ferrahian High School had the unique opportunity to deliberate in a Student Town Hall with Congressman Brad Sherman, who represents California's San Fernando Valley, Asbarez reveals.

Rep. Sherman paid a visit to the school three months after the historic passage of House Resolution 296, affirming the United States acceptance of the Armenian Genocide in Congress.

Through a series of questions proposed by students from 9th through 12th grades, Congressman Sherman addressed unresolved issues regarding the impacts of the homelessness crisis, federal and military spending, American foreign policy, and the recent impeachment of an American president. As such, the students were eager to make a conscious effort of staying involved in local, state, and national politics, while pressing the congressman on the relevant topics of Genocide denial, Azeri indifference to border control, and his personal desires to amend this country's broken stance on Genocide recognition.

Rep. Sherman informed the students on the work he's accomplished in Washington, D.C. and commented on a wide array of the political and social hardships he faced in attempts to advocate for the well-being of his district's minorities. Additionally, he commented on the partisan, biased Senate impeachment hearings to come in the following weeks, amplifying the already dire conditions associated with impeaching a president. Congressman Sherman appeals to the minority population of his district and the entirety of the state, and he advocates for more efficient public transportation, well-balanced foreign policy, an emphasis on ensuring women's reproductive rights, and an open, bipartisan approach to legislative matters from local, state, or federal lawmakers.

The Congressman assured the students of Ferrahian High School that the work they do at school does not go unnoticed by influential lawmakers on Capitol Hill and proved how effective unity, consolidation, and strength can be when yearning for a goal that will better us collectively as Armenians in the diaspora.

This Armenian VC Will Fund Tech Start-ups At Home And Abroad

Entrepreneur
Jan 24 2020
  
Alexander Smbatyan, founding partner of Aybuben Ventures having $50 million initial corpus, talks about exciting new tech investment opportunities in Armenia
John Stanly, Contributor, Start-up mentor
January 24, 2020 
          
Opinions expressed by Entrepreneur contributors are their own.

Ayuben Ventures is set to invest an initial $50 million into Armenian tech and the country’s entrepreneur. Alexander Smbatyan, founding partner of Ayuben Ventures, in an interview talks about exciting new tech investment opportunities in Armenia and among the thriving Armenian diaspora.

At the World Congress on Information Technology 2019, Aybuben Ventures announced the first pan-Armenian venture capital fund primarily dedicated to global Armenian tech entrepreneurs with an initial $50 million fund. What led you to create this dedicated venture capital fund?

Armenian entrepreneurs and professionals have successfully created some of the most advanced technologies either by starting their own companies or working in other companies around the world. We are not limiting the fund for people within Armenia; this would be shortsighted and irrational. Armenians live all over the world. They are proud of their culture and don’t want to lose their identity. Potentially this creates a huge global pool of entrepreneurs, professionals, capital, companies and knowledge, which can be leveraged and scaled in any of the world's economies. That said, we welcome interest in our foundation, from any organization irrespective of nationality.

What are the most significant tech developments that have been driven by Armenian tech entrepreneurs in the past few years and how successful have they been?

Today dozens of international companies have their offices in Armenia and some of them are unicorns that have gone from start-up to high market value players. Many of them were founded in Armenia, and thanks to their founders efforts and strong national ties in the Silicon Valley, they have achieved brilliant results, and importantly become a reference point for dozens of other young companies. Among them are PicsArt, ServiceTitan, Krispos, Renderforest, Teamable and SoloLearn, among others.

Also, Armenians have created and developed large companies away from their homeland. For example, in the fiercely competitive taxi service market in Russia, there are many Armenian businessmen who are leading the way thanks to creative innovation. Even the tech giant Uber couldn’t succeed in this market. We also know about successful tech entrepreneurs in Europe, the Middle East and Southeast Asia.

I understand there is a large Armenian diaspora. Are you aiming to invest to emigres and if so, other than a sense of patriotism, what will compel them to invest in the fund?

Many representatives of the Armenian diaspora will be naturally interested in our foundation, and we are sure many will also connect us with other international investors in mind. For us it is, in equal measures, about drawing on business, patriotism and belief in technological progress. Together with our partners we are not just creating opportunities for the development of new companies that will make a difference, but companies that will win the loyalty of millions of customers around the world, and deliver many benefits and of course profits.

What are your investment targets in terms of how many tech start-ups you plan on supporting?

Aybuben means alphabet, the designation of the first two letters of the alphabet, A and B, are Ayb and Ben. This name symbolizes the first, but the most important step that we want to make together with our partners and company founders.

With the size of the first fund, we believe it’s possible to invest in more than 15 companies from 2020 to 2022. The average size of a single investment will be within the range of $1 million to $3 million. These investments will drive development breakthrough in terms of expanding the geography of sales and increasing investment attractiveness for the following rounds of investment.

Is the Armenian government helping in developing the tech sector and if so how does this dovetail with your investment plans?

The government of the Republic of Armenia has been actively implementing programmes to support technology companies in the country for a long time. However, the state is not taking on the role of an investor, rather its main task is to create a favorable infrastructure and investment climate, to be in continuous dialogue with entrepreneurs and not to interfere in the market relations of different parties. My partner Alexander Yesayan is the head of UATE Armenia, which unites all the successful technology companies in Armenia. Within this context we have deep expertise in the potential of Armenian companies and professionals. Also, thanks to WCIT 2019, we have established an effective dialogue with many Armenians from all over the world, and are already developing several projects.

What types of tech development are taking place within Armenia and does it mirror what is happening in other parts of the world such as machine learning and blockchain developments?

Yes, of course. There are two very important things about the Armenian nation; on the one hand, there is a drive for creativity and developing new things, and on the other hand, there is a strong tradition of schooling in mathematics. When you bring these two together, there is an innate disposition to develop companies that make extensive use of technologies such as artificial intelligence, machine learning, biotechnology and more. Further, pupils in every Armenian school learn to play chess, which is a strong foundation for logic and maths. Also, Armenia has a strong and long-standing tradition of developing microchips, control systems and other things since Soviet times. So clearly the ground is fertile for utilizing advanced technologies to create things that are new and different.

How much is the Armenian tech sector valued at and what rates of growth do you expect to see in the coming years?

I don’t think there are any accurate statistics that provide an estimate of all companies whose shareholders or leaders have Armenian roots. But personally, and based on my knowledge of the Armenian diaspora, I believe there are hundreds of such companies with a total capitalization that runs into billions of dollars. That said, according to open source material, during the last few years well-known companies such as ServiceTitan, PicsArt, Teamable, SoloLearn, CodeSignal, RenderForest, Disqo and others have obtained finance in excess of $300 million, which only confirms their high potential in the eyes of investors.

Are any of the bluechip tech giants, such as Microsoft, playing a part in tech development and if so, does this reflect on the potential of new tech coming out of Armenia?

Yes, Microsoft, VMware, National Instruments and others have opened research and development (R&D) centers and offices in Armenia. This is driven by knowledge of Armenia as fertile investment ground with a tech-literate and creatively driven workforce that can help deliver technology transformation. For instance, VMware established its R&D site in Armenia in 2010 through the acquisition of Integrien Corporation, which was a leader in real-time performance analytics. Following the acquisition, VMware changed the name of Integrien’s core product from Integrien Alive Enterprise to VMware vCenter Operations, which later became the key component of vCenter Operations Management Suite. This product provides a new and more simplified approach to the operations management of physical, virtual and cloud infrastructures. In turn this helps enhance VMware vSphere thanks to this technology transformation. 



President Abbas receives Armenian counterpart

WAFA – Palestinian News & Info Agency
Jan 24 2020
 
 
 
 
 
BETHLEHEM, Friday, (WAFA) – President Mahmoud Abbas received today his Armenian counterpart, Armen Sarkissian, at the Presidential Palace in the southern West Bank city of Bethlehem.
 
The two leaders discussed issues of mutual interest for both countries as well as ways to boost cooperation in various fields.
 
President Abbas also offered congratulations to his Armenian counterpart on the Christmas celebrations according to the Armenian calendar, especially since the Palestinians of Armenian origin constitute an important portion of the Palestinian people.
 
M.N
 
http://english.wafa.ps/page.aspx?id=BZzGcDa114828999450aBZzGcD&__cf_chl_jschl_tk__=c5b40fe1d27305b4ba78de2c9f6d3be6e93a9a53-1579984298-0-AXg6dv58TFRdhzCXfuF7Y-JY_HNRGm4NfmY5cw8g_X6X96WP8EdGz0vfoLEuuiJPP355cuVZmR1oBLGECLgPlhUBJXF5VLTksSq9YNk_RN9p_hACz_Y9BhXd92pfh_WfYsRI_3GA1XH5r1ute6twONx_V1mgrgVMAdrCAGeCVX81HEuDoExok0xLxV4pFFPWOZM_HYgLtNNt3iAVtmqA3pDZ9PwVCGGhdboYP9voBNYVKMaRPzOzgYwHLB0bE_DNVVjOP53sGSLuX0x_9a60jxAxTc3LdIZMtRuUtwlokMbF84cO4o_nVUrkd8_zKN8yQw

Sports: Armenian skaters reached the final at the 2020 European Figure Skating Championships

Panorama, Armenia
Jan 25 2020
Sport 10:57 25/01/2020 Armenia

Armenian figure skaters Tina Karapetyan and Simon Senekal have reached the final in a pair event of the 2020 European Figure Skating Championships underway in Graz, Austria.

As the National Olympic Committee reported, the Armenian pair scored 61,25 points and was placed the 19th among 27 pairs representing 19 countries. The final will take place on January 25.