Bjni Factory’s Closure Unequivocally Has A Political Implication, Va

BJNI FACTORY’S CLOSURE UNEQUIVOCALLY HAS A POLITICAL IMPLICATION, VAHAGN KHACHATRIAN ASSERTS

Noyan Tapan

Dec 17, 2008

YEREVAN, DECEMBER 17, NOYAN TAPAN. According to the evaluation of
Armenian National Congress representative Vahagn Khachatrian, the
closure of the Bjni factory unequivocally has a political implication:
the problem is not economic. As V. Khachatrian mentioned at the
December 17 dispute with RA NA ARFD faction member Artsvik Minasian,
if the problem were economic, that issue would have raised long ago,
as it is not the first year Bjni is operating.

According to A. Minasian, it is possible that there is an economic
basis, but he did not exclude, either that Bjni’s closure is also
connected with political activity. "I think it is one of the worst
phenomena in our independent republic we have dealt with since 1991,
when any problem existing on the political plane also brings to
economic redistributions," A. Minasian said.

In response to the question of how much Bjni factory’s closure affected
country’s economy, V. Khachatrian emphasized that 500 people worked at
Bjni, and now these people are unemployed. According to A. Minasian’s
estimation, closure of any enterprise or alienation of the main assets
has a negative impact on economy, though, according to him, now it
is very difficult to value the extent of that impact. As to Bjni
property’s alienation, according to A. Minasian, it is a procedure
established by the law, and if the director is not aware that his
property is put on sale, he has the right to apply to the court and
demand that the decision of the Service of Compulsory Execution of
Legal Acts be invalidated or at least be suspended.

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