Month: June 2009

SEMINAR ON BUILDING UP INVESTOR RELATIONS TO KICK OFF IN YEREVAN ON JULY 17

ARKA
June 5, 2009

YEREVAN, June 5. /ARKA/. A seminar on building up investor relations
will take place in Yerevan on July 17, NASDAQ OMX Armenia Stock
Exchange reports.

The event aims at explaining to participants the importance of shrewd
business relations and with investors and sharing international
experience with local companies.

Specialists from the Central Bank of Armenia (CBA) will introduce
participants to the requirements on information disclosure.

The organizers of the seminar are the USAID-based Partners for
Financial Stability program and East-West Management Institute,
a leading non-profit organization promoting market laws globally.

Leading offshore specialists will speak about various issues during
the seminar.

ARMENIAN EXECUTIVES APPROVE LIST OF GOVERNMENT-BACKED CONSTRUCTION PROJECTS

ARKA
June 5, 2009

YEREVAN, June 5. /ARKA/. Armenia’s executives approved on Thursday
the list of government-backed construction projects worth 300mln drams.

During the government discussions, RA Finance Minister Tigran Davtyan
said the government is to finance those projects by end-2009.

"While making the list, the government did not take into account
whether those projects had been included in the 2009 state budget
program or not," the minister added.

Scheduled construction works are under way and the projects,
Davtyan said.

Cultural, educational, sports, healthcare facilities, arterial roads,
as well as apartments for families left homeless after the 1988 quake
have been included in the list.

PRESIDENTS OF ARMENIA, AZERBAIJAN MET IN MOSCOW

armradio.am
05.06.2009 11:14

The President of Armenia Serzh Sargsyan and the President of
Azerbaijan Ilham Aliev held a meeting at the Baltic Star Hotel in
Saint Petersburg, President’s Press Office reported.

This meeting in Saint Petersburg is the fifth between Presidents
Sargsyan and Aliev in the framework of the Nagorno Karabakh peace
process. The meeting started with the participation of the Ministers
of Foreign Affairs of the two countries Edward Nalbandian and Elmar
Mamedyarov, Co-Chairs of the OSCE Minsk Group Yuri Merzlyakov, Matt
Bryza and Bernard Fassier, as well as the Personal Representative of
the OSCE Chairman-in-Office Andrzey Kasprzyk.

Later, the meeting of the Presidents of Armenia and Azerbaijan
continued in the tete-a-tete format. The negotiations, which lasted
almost two and a half hours, were continued again in the extended
format.

The meeting of the Presidents of Armenia and Azerbaijan was conducted
in a constructive atmosphere. The parties agreed to move forward the
negotiation process. The Foreign Ministers of the two countries were
instructed to continue to work with the assistance of the OSCE Minsk
Group Co-Chairs towards the synchronization the parties’ positions
and arrangement of the next meeting between the Presidents of Armenia
and Azerbaijan.

U.S. ASSISTANT SECRETARY DR. PHILIP GORDON TO VISIT ARMENIA

armradio.am
05.06.2009 11:24

Dr. Philip Gordon, Assistant Secretary for European and Eurasian
Affairs, will travel to the South Caucasus next week, visiting
Armenia on June 9. The purpose of the visit is to discuss regional
and bilateral issues. During his visit, Dr. Gordon will meet with
government officials, civil society representatives, and other local
figures. Following his trip to Armenia, Dr. Gordon will visit Georgia
and Azerbaijan.

This is Dr. Gordon’s first visit to the South Caucasus as Assistant
Secretary. He assumed office on May 15, 2009, replacing Daniel
Fried. Before joining the State Department, Dr. Gordon was a Senior
Fellow from 2000-2009 at the Brookings Institution, in Washington, DC,
where he focused on European and U.S. foreign policy issues. Prior to
joining Brookings, Dr. Gordon served as Director for European Affairs
at the National Security Council in the Clinton Administration.

16TH MEETING BETWEEN THE PRESIDENTS OF ARMENIA AND RUSSIA

armradio.am
05.06.2009 13:37

On June 4 the President of Armenia, Serzh Sargsyan, had a meeting
with the President of the Russian Federation, Dmitry Medvedev. This
was the 16th meeting between the two Presidents after Serzh Sargsyan
assumed office.

During a conversation in an atmosphere of full understanding the
parties discussed issues related to the cooperation between two
strategic partners, as well as a number of questions on the regional
and international agenda.

Russian president Dmitry Medvedev assessed the frequent meetings
with Serzh Sargsyan as useful from the perspective of development of
Armenian-Russian cooperation and the development of personal relations.

Expressing gratitude for the invitation to participate in the
International Economic Forum in Saint Petersburg, President
Sargsyan said the forum acquires a new importance under the global
financial-economic crisis.

The Armenian President thanked his Russian counterpart for providing
a $500 million stabilization loan.

The interlocutors dwelt on the process of settlement of the Karabakh
conflict. "After our last meeting we have been working with our Russian
colleagues towards implementations of the agreements reached. The
Armenian side has been diligently working with the support of the
Minsk Group on the settlement of the Karabakh conflict, searching
for ways that would allow the people of Nagor no Karabakh to live
safely in their homeland and determine their own future," President
Sargsyan stressed.

The parties discussed the issues connected with the further
expansion of the Armenian-Russian economic cooperation, and turned
to the strategic cooperation within the Collective Security Treaty
Organization and the creation of coalition forces.

Later the Presidents of Armenia, Russia and Azerbaijan had supper,
during which they discussed the peaceful settlement of the Karabakh
issue.

US ASSISTANT SECRETARY TO VISIT ARMENIA ON JUNE 9

/PanARMENIAN.Net/
05.06.2009 11:43 GMT+04:00

/PanARMENIAN.Net/ Dr. Philip Gordon, Assistant Secretary for European
and Eurasian Affairs, will travel to the South Caucasus next week,
visiting Armenia on June 9. The purpose of the visit is to discuss
regional and bilateral issues. During his visit, Dr. Gordon will meet
with government officials, civil society representatives, and other
local figures. Following his trip to Armenia, Dr. Gordon will visit
Georgia and Azerbaijan.

This is Dr. Gordon’s first visit to the South Caucasus as Assistant
Secretary. He assumed office on May 15, 2009, replacing Daniel
Fried. Before joining the State Department, Dr. Gordon was a Senior
Fellow from 2000-2009 at the Brookings Institution, in Washington, DC,
where he focused on European and U.S. foreign policy issues. Prior to
joining Brookings, Dr. Gordon served as Director for European Affairs
at the National Security Council in the Clinton Administration.

WORKS OF JAPAN AND ARMENIAN ARTISTS EXHIBITED AT NPAK

/PanARMENIAN.Net/
04.06.2009 22:32 GMT+04:00

/PanARMENIAN.Net/ Joint exhibition of Armenian and Japan artists
Transition Hypothesis opened today at the Armenian Center for
Contemporary Experimental Art "NPAK" in Yerevan. 28 Armenian and Japan
artists presented their pictures, sculptures, photos and ceramic works.

"Art, created in modern Japan is perceived by the Japanese, the
Armenian experimental art is not understood in Armenia, the problem
is rooted in stereotypic way of thinking," told a PanARMENIAN.Net
reporter at the opening of the "Transition Hypothesis" one of the
curators of the exhibition Ara Haytayan .

Armenian-Japan joint exhibition was organized thank to the efforts
of the artists Ara Haytayan and Maki Kikio and with support of the
Tokio Gallery "Gindzya and Chume".

RRF AGREEMENT DELAYED BECAUSE OF ARMENIA’S AND UZBEKISTAN’S POSITION

/PanARMENIAN.Net/
04.06.2009 22:51 GMT+04:00

/PanARMENIAN.Net/ CSTO agreement on creation of Rapid Reaction Forces
(RRF) is delayed because of Armenia’s and Uzbekistan’s position,
CSTO Secretary General Nikolai Bordyuzha stated. According to him, the
delay is caused by special positions of Armenia and Uzbekistan. Armenia
insists on setting more exact time frame for RRF readiness, Interfax
cited Bordyuzha as saying.

A decision on RRF creation was passed on Feb. 4 at SCTO summit
in Moscow.

RA PROSECUTOR GENERAL’S OFFICE INSTIGATED CRIMINAL CASES ON VIOLATIONS AT ELECTIONS INTO THE COUNCIL OF ELDERS

/PanARMENIAN.Net/
04.06.2009 23:10 GMT+04:00

/PanARMENIAN.Net/ RA Prosecutor General’s Office instigated criminal
cases on violations and falsifications of election results at 8/15,
7/7 and 7/9 polling stations.

Taking into consideration that in materials studied violations of
art. 150 of RA Criminal Code are registered (voting or election
results’ falsification), RA Prosecutor General’s Office instigated
3 criminal cases, submitting them to special investigatory service
for further examination, RA Prosecutor General’s Office reported.

SAGSYAN PERSONALLY THANKES MEDVEDEV FOR USD 500 MILLION CREDIT

/PanARMENIAN.Net/
04.06.2009 23:30 GMT+04:00

/PanARMENIAN.Net/ Today the meeting of the presidents of Armenia
and Russia Serzh Sargsyan and Dmitriy Medvedev took place in
St. Petersburg.

As the press service of the Kremlin reports, in the course of the
meeting Dmitriy Medvedev said: "We have had many meetings recently,
that is very useful for developing Armenian-Russian cooperation and
for deepening personal ties. They help to make relevant decisions
and today’s meeting, I believe, will give a stimulus to questions,
we will discuss.

We will speak about economy and the projects connecting our states,
humanitarian sphere, regional questions, we will exchange views
related to the most sensible and important topics. On the whole,
we will develop our partnership relations furthermore. " In his turn
Serzh Sargsyan expressed his gratitude for providing Armenia with a
USD 500 million worth credit, which can help the country to overcome
negative consequences of the crisis to some extent.

"We persistently look for ways which will enable the Nagorno Karabakh
people to live safely in their true motherland , to determine their
destiny by themselves," Serzh Sargsyan said.

We value our allied relationship in the framework of CSTO , we
firmly intend to deepent oeur relationship in political, military
and technological spheres," Serzh Sargsyan said.