Ara Abrahamian Ready To Make Investments Of Nearly Another 150m USD



JU LY 24

Ara Abrahamian, the Chairman of the Union of Armenians in Russia, at
the Union Board sitting held in Moscow, highly estimated the speech
of Armenian President Serzh Sargsyan at the Baze All Armenian youth
gathering as an important step on the way of consolidating Armenians
spread all over the world. The statement of the Board of the Union of
Armenians in Russia read that the Armenian President in his speech
especially touched upon such important state issues as involvement
of all Armenians’ efforts in solution of problems regarding country’s
prosperity and guaranteeing its security. The head of Armenian state
addressed all Armenians concerned with homeland’s fate calling them
for providing a real, concrete assistance to Armenia with their
active participation.

The statement read that "The Union of Armenians in Russia from the
day of its creation has been providing material and moral assistance
to Armenia.

That line is reflected in elaboration and implementation of a number
of socio-economic programs. Much efforts have been exerted to provide
assistance to country’s economic progress and to attract investment
resources for development of individual economic branches. A number
of Russian-Armenian economic forums, meetings with the participation
of government members and Armenia’s leading entrepreneurs have been
held especially for that purpose. A charity program of providing
refugees from Azerbaijan with apartments has been implemented. Blocks
of flats have been purchased for them and given them as property. A
public canteen has been functioning for many years in Yerevan, which
every days provides food to nearly 300 lone pensioners. Large-scale
assistance has been provided to country’s scientific institutions,
creative unions, multipronged publishing activity has been carried out
for several years. Computerization program is implemented in Armenian
and Artsakh schools and higher edcuational institutions. Nearly 7000
computers have been already donated to them."

Responding to the speech of Armenian President Serzh Sargsyan
and to his initiative, A. Abrahamian proposed calling Armenians,
businessmen and entrepreneurs, residing in Russia on behalf of the
Board of the Union of Armenians in Russia for more actively making
investments in Armenia’s economy. The Board made a decision to send
a circular letter to regional branches of the Union of Armenians in
Russia by proposing them establishing direct contacts with Armenian
regions to carry out concrete programs. The Chairman of the Union
of Armenians in Russia stated that personally he will continue
implementing investment programs in Armenia, and nearly another 150m
USD will be invested. The Board of the Union of Armenians in Russia,
on the whole, approving Armenian President S. Sargsyan’s new policy,
expressed confidence that every Armenian in Russia will be filled
with sense of responsibility for homeland’s fate and will make his
contribution to its further development as far as possible.