The aim of the project is to establish simple, transparent and predictable legal bases adapted to the modern requirements of investment relations to ensure the protection of investors’ rights, the freedom and promotion of investments, both for local and foreign investors. This was stated by RA Deputy Minister of Economy Lilya Sirakanyan, presenting the draft law “On Investments” for consideration in the first reading at the regular session of the NA Standing Committee on Economic Affairs on April 8.

It was noted that with the adoption of the project, a clear and predictable investment legal environment will be formed, which will enable Armenia to increase its international investment rating and competitiveness, investment attractiveness and promote stable and inclusive economic growth.

According to the information of the Deputy Minister, the “Foreign Investments” law, which was adopted in 1994, is currently in force, but it does not provide a complete regulation of the investment process that meets modern requirements. According to the reporter, the regulations defined by the draft will be extended not only to foreign, but also to local investors and investments.

The law will regulate the legal bases of investments in the Republic of Armenia, the freedoms and guarantees applied to investors and their investments, the rights of investors and the structures for the protection of those rights, the responsibilities of investors, the legal bases of investment incentives – privileges, the principles and administration of provision. The institutional framework of the investment policy will also be regulated.

Babken Tunyan, deputy chairman of the commission, informed that the draft law was discussed for a long time, a working discussion took place with the participation of interested businessmen.

It was noted that after the adoption of the project, the current law “On Foreign Investments” will be declared invalid.

The project was approved by the commission. It is planned to be included in the draft agenda of the upcoming regular sessions of the National Assembly.

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In Armenia in the 90s, the disappearance of the luma was presented as a technical detail. In fact, it was a political decision, a tacit admission that inflation had broken the basis of the measurement of value.

Today, when economic development is being talked about again, it is worth asking a simple question. why do we live without change?

The absence of luma not only simplifies the calculation. It also legitimizes “rounded” prices.
And the “rounded price” almost always works against the consumer.

This is not a small matter. This is a daily micro-inflation that no one calculates, but everyone pays.

So the question is much deeper:
Does the state protect the accuracy of the value, or has it come to terms with its distortions?

This is a simple test for the forces going to the upcoming elections. will they see this problem or will they continue to talk only about big numbers, ignoring the small but real losses?

Energy issues expert Vahe Davtyan

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This morning, the Anti-Corruption Committee detained former RPA deputy, former head of the State Property Management Department Arman Sahakyan and a number of former high-ranking officials. The Anti-Corruption Committee confirmed this information to News.am.

“A number of persons, including the head of the State Property Management Department and other former high-ranking officials, were arrested on charges of committing criminal acts under various articles of the RA Criminal Code within the framework of the criminal proceedings under investigation by the Anti-Corruption Committee. In the interests of the preliminary investigation, we cannot provide other information,” said Marina Ohanjanyan, spokesperson of the Anti-Corruption Committee.

It should be noted that today, April 8, is the birthday of Arman Sahakyan’s father, Galust Sahakyan, the former Speaker of the National Assembly.

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I would like to emphasize once again our principled approach. Armenia needs a long-term peace that does not depend on empty words or the will of the enemy. We need to close the door to war once and for all. Armenia needs a guaranteed peace, based on the strength of the state, a functioning security system and clear mutual obligations. Peace, where Armenia is not vulnerable, where our borders are protected, and where people are confident about the future. Gagik Tsarukyan, the chairman of the “Prosperous Armenia” party, said this in an interview with 168.am before the upcoming congress of the party.

“Weakness does not bring peace, it creates new threats. Only a united, strong state can ensure long-lasting peace. And we will build such a peace, based on real international guarantees,” said Tsarukyan.

Turning to the question of whether Armenia’s external vector will be determined by these elections, the PAP leader emphasized that these elections are internal Armenian elections, they will first determine Armenia’s internal life. Then he turned to the international partners of RA.

“In the case of the success of the force led by me, Armenia will be open for cooperation. We are ready for dialogue. We are ready for honest partnership. In terms of the region, we stand with a clear position of continuing dialogue with our neighbors and resolving all difficult issues peacefully.

There is one principle, however, which is not subject to discussion. The fate of Armenia is decided by the people of Armenia. Elections are not a tool of geopolitics. We don’t need outside mediators in our society.”

Gagik Tsarukyan also stated that they reject the dangerous policy of dividing the Armenian society into camps.

“Pro-Russians, pro-Westerners – such divisions only break the backbone of our society. We need a united, strong backbone, especially now. We must unite all the divided and divided groups within our society, build bridges between people. One of the important tasks of our team will be just that,” he said. Then specifically refer to our relations with Russia, noting that we have passed through a difficult stage and made relevant conclusions.

“Armenia needs strong, honest and effective strategic relations with Russia. We will rebuild our alliance, it will include real commitments and mutual responsibility. We will create a security system where Armenia is not a weak link, but a valuable and necessary partner. It is in the interests of both Armenia and Russia.

Now they are talking about leaving the EAEU. I want to understand, do they at least imagine what it means? Ordinary people imagine and worry a lot. People still haven’t forgotten the beginning of the 90s, when the economy collapsed and we started building everything from scratch.

People have been working for years, they are doing business, they finally started to get income, now all of that can just come to dust. Most of our products are exported to the EAEU market. If you are going out, where will it be sold, where will it be exported? Isn’t he saying nice words? The European Union is our good partner and it will become even better, but we have not been invited to join, nor are we expected to join. Isn’t this a game that puts the well-being of our people and the future of our country at risk?” he stressed.

Gagik Tsarukyan also touched on the internal life and answered the question of how he imagines the change and how it differs from today’s internal politics.

“It differs primarily in terms of goals. Today, when you look at what is happening in our country, in our society, you have the impression that they specifically want people to be enemies of each other, to divide into closed, hostile groups, to hate each other. We can all have different opinions on a thousand issues, different approaches. And that is very good, because we must share these opinions, we must listen to each other to choose the right path.

Isn’t the one who has a different opinion an enemy? But they make an enemy. Our goal should be to change that. We have to change the atmosphere so that people strive to help each other, take care of each other, overcome the difficulties of our country together, so that our country is strong from the inside.”

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Since this morning, news has been received about the arrests of former officials.

According to the press, the Anti-Corruption Committee also arrested the former Minister of Labor and Social Affairs Artem Asatryan.

A little while ago, VERELQ reported about the arrest of the former head of the State Property Management Department, RPA member Arman Sahakyan and a number of former high-ranking officials.

It is noted that Artem Asatryan was arrested in the framework of the same case as the former head of the State Property Management Department, Arman Sahakyan.

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In 2023, Armenia signed and ratified the agreement on the implementation of the unified reporting standard, which provides for the international exchange of financial accounts. This is the most important tool for tax transparency. It enables the exchange of financial account information between different countries. This year, Armenia has already exchanged information within the framework of the agreement with more than 40 countries.

This information was reported by Deputy Chairman of RA State Revenue Committee Rafael Gevorgyan at the session of the Standing Committee on Economic Affairs. In the first reading, he submitted for discussion the draft law on ratifying the addition of the multilateral agreement of competent authorities “On the automatic exchange of information on financial accounts”.

The changes mainly refer to self-declaration, identification rules, identification of account holders of organizations and persons related to clarification of certain provisions of the agreement.

The issue received a positive conclusion from the commission.

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There is a misconception that what is happening inside the country has nothing to do with geopolitical processes. The reality is just the opposite.

The 2018 conspiracy had geopolitical reasons, a prelude to the 2020 war. CP is a war party and was created as such to surrender Artsakh. The loss of Artsakh also had the goal of implementing geopolitical changes. That is why in 2020 an international coalition was at war against us.

The so-called TRIPP should be considered as one package together with Artsakh.

The war against Iran was the next stage of that geopolitical process, but it failed. The pre-made program also crashes.

The failure of TRIPP is also a failure for the CP, the party of war. The KP has nothing more to do, but with the defeat of the KP, a new difficult phase begins, which we must go through together.

Our defeat was first of all the defeat of political thought, or rather the consequence of the non-existence of collective political thought, and therefore the absence of a real political system.

After June 7, we have to solve this very problem, and it is not the case that with the removal of the CP, we will have established political units, in fact, quite the opposite.
after June 7

Political scientist Stepan Danielyan

https://verelq.am/hy/node/171797?fbclid=IwY2xjawRECQlleHRuA2FlbQIxMQBzcnRjBmFwcF9pZBAyMjIwMzkxNzg4MjAwODkyAAEeXN8fRdCKRFojNq_aFLSrvBalrjY971M-MMG_NGz1YgMhLYpMPIuuz3EYRS8_aem_pU4yKBGHzoT8Khoh6aetiA

Levon Ter-Petrosyan, the first president of RA, recalled on his Facebook page his statement made in 2013.

“The head of any country of our caliber should not, moreover, has no right to enter into the geopolitical (geopolitical) games of the superpowers.” He should not be so naive as to think that he can promise one thing to one of the superpowers and something else to the other, and achieve some kind of success thanks to this “cunning policy”.

It is not possible to conclude deals behind the back of any superpower, about which the other superpowers are not aware in all details. All the superpowers possess such powerful intelligence capabilities that small countries can hardly hide any secrets from them. Therefore, the leaders of small states should be as frank as possible with the superpowers.

Such behavior from the latter will definitely be appreciated, and even if you don’t gain anything from it, you definitely won’t lose anything. In short, speaking in the vernacular, the leader of a small country should not even think that by playing on two strings with his “beautiful hal”, he can “freak out” the greats of the world. One of those cords, and sometimes both, will inevitably end up wrapped around his neck.”

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A short rain is possible in the afternoon of April 8 in Yerevan. Rain is expected from time to time on April 9-13, and thunder is also possible. On April 9-10, intensification of the wind with a speed of 14-18 m/s is expected. This was reported by “Hydrometeorology and Monitoring Center” SNOC.

In the afternoon of April 8, short-term rainfall is expected in some regions on the territory of the republic. On April 9-13, precipitation is expected from time to time in most of the regions, on April 9-10, on April 9-10, on April 12-13, snow and wet snow, in the valley zones, in the form of rain. A thunderstorm is expected in some places.

The wind is south-westerly – 2-5 m/s, on the afternoon of April 8, on 9-10 in some regions, wind intensification is expected at the speed of 24-27 m/s, storm in the mountain zones, low horizontal visibility, ice on the roads.

The air temperature will drop by 5-7 degrees in the afternoon of April 9 and the night of April 10.

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