Oct 1 Armeconombank Is Launching A New Credit Program To Stabilize T

OCT 1 ARMECONOMBANK IS LAUNCHING A NEW CREDIT PROGRAM TO STABILIZE THE ARMENIAN ECONOMY

ArmInfo
2009-09-29 19:11:00

ArmInfo. Oct 1 Armeconombank is launching a new credit program to
stabilize the Armenian economy, the chairman of the board of the bank
David Sukiassyan said during a press-conference today.

Under this program the bank will issue loans at 15% for 5 years.

Sukiassyan says that recently the banks have been accused of being
reluctant to reduce their interest rates and thereby curbing exports
and imports.

Armeconombank is going to stimulate the economy by issuing credits
with lower rates.

Particularly, the bank is going to finance export and import operations
at 12%.

Meanwhile, the bank continues its activity on the mortgage market. It
has reduced interest on mortgage loans by 2% to 14% for the purchase
and 16% for the repair and construction of a house.

In Q3 2009, despite the financial crisis, the confidence in
Armeconombank was growing. The assets grew by 15.5%, crediting by
3.3bln AMD, call deposits by 12.2bln AMD, time deposits by 9.2%. In
Jan-Sept 2009 the bank’s net profit totalled 300mln AMD.

President Serzh Sargsyan Has A Phone Conversation With The President

PRESIDENT SERZH SARGSYAN HAS A PHONE CONVERSATION WITH THE PRESIDENT OF LEBANON MICHEL SULEYMAN

ARMENPRESS
Sep 29, 2009

YEREVAN, SEPTEMBER 29, ARMENPRESS: Armenian President Serzh Sargsyan
before his All-Armenian tour which will start October 1 had a phone
conversation with the President of Lebanon Michel Suleyman. Press
office of the president told Armenpress that during the phone
conversation the Lebanese president once again pointed out the
peculiar sympathy of the Lebanese people toward Armenians. Serzh
Sargsyan and Michel Suleyman highly underscored the friendly ties
between the two peoples, pointing out the weighty contribution of
Lebanese Armenian community to the development of Armenian-Lebanese
friendly relations. The presidents also exchanged thoughts over the
prospects of development of bilateral relations.

U.S. Urges Armenian President To Visit Turkey For A Soccer Game

U.S. URGES ARMENIAN PRESIDENT TO VISIT TURKEY FOR A SOCCER GAME

/PanARMENIAN.Net/
29.09.2009 01:52 GMT+04:00

/PanARMENIAN.Net/ The United States said Monday that Turkish-Armenian
efforts to normalize ties would benefit if President Serzh Sarkisian
of Armenia visited Turkey for a soccer game between the two countries,
AFP reports.

Phil Gordon, the US assistant secretary of State for European affairs,
said on the sidelines of the UN General Assembly in New York that he
understood that "the Armenian president has been invited to Turkey
for the return" World Cup qualifying match.

"We think it would be a good thing if he attended it, reciprocating
the attendance of the Turkish president of the match when it was in
Armenia," Gordon told reporters when asked to comment on a reciprocal
visit.

"It would be a good sign and further evidence of the two countries
coming together if he went to the football match," Gordon said after
US Secretary of State Hillary Clinton met separately with the Turkish
and Armenian foreign ministers in New York.

In Ankara, Turkish officials said Sunday that Turkey and Armenia
will sign a landmark deal to establish diplomatic ties next month
in Switzerland in a bid to end decades of animosity over World War
I massacres.

Commonwealth Youth Orchestra To Perform In Yerevan October 6

COMMONWEALTH YOUTH ORCHESTRA TO PERFORM IN YEREVAN OCTOBER 6

/PanARMENIAN.Net/
29.09.2009 15:49 GMT+04:00

/PanARMENIAN.Net/ With support of the Interstate Humanitarian
Cooperation Fund in the cities of Ukraine a special tour of Youth
Orchestra of the Commonwealth started in the CIS countries.

According to the "Commonwealth News" news channel, the orchestra
performed on September 28 in Kiev, and before that in Odessa. The
next stops of the tour is in Minsk, Moscow and Chisinau. In each
city, besides classical melodies music of national composers will be
performed as well .

The concert of the Commonwealth Youth Orchestra will be held on October
6 in Yerevan conducted by Sergey Smbatyan, Armenia’s State Youth
Orchestra’s conductor. The program includes works by Khachaturyan,
Gershwin. Well-known pianist Miroslav Kultyshev will arrive in Armenia
to take part in a concert.

Hovik Abrahamyan Will Leave For Iran

HOVIK ABRAHAMYAN WILL LEAVE FOR IRAN

5327.html
18:02:57 – 28/09/2009

On September 29, the delegation of the Armenian National Assembly
headed by the Speaker Hovik Abrahamyan will leave on a two-day official
visit for Iran.

In Tehran, the delegation headed by the Armenian NA Speaker will meet
the Iranian president Mahmoud Ahmadinejad, the Speaker of the Iranian
parliament Ali Larijani, the Secretary of the Iranian Supreme Security
Council Sayid Jalili.

In the course of the meeting, the members of the delegation will
also meet representatives of Armenian community of Iran. The NA press
service informs.

Recall earlier leaving for Iran, after the presidential elections
in Iran, the airplane of the Armenian NA Speaker Hovik Abrahamyan
returned to Yerevan.

http://www.lragir.am/engsrc/politics-lrahos1

Heritage Expects Serge Sargsyan Will Appeal To Cc

HERITAGE EXPECTS SERGE SARGSYAN WILL APPEAL TO CC

25.html
17:37:31 – 28/09/2009

The Head of the Heritage faction Stepan Safaryan addressed a letter
to Serge Sargsyan on behalf of the Heritage party. The Heritage
expressed hope in its letter that Serge Sargsyan himself will
appeal to the Constitutional Court with the demand to discuss the
Armenian obligations in pre-signed Armenian and Turkish protocols
whether these obligations correspond to the Armenian Constitution
or not. As well as, the party expects that Serge Sargsyan will hold
a referendum on the Armenian-Turkish protocols which on these days
the government refused. The Heritage also asked to inform about the
day of the upcoming session of the National Security about which the
party had informed the Secretary of the Armenian National Security
Service Artur Baghdasaryan in a letter.

http://www.lragir.am/engsrc/politics-lrahos153

Boyajian: The Coming Russian Defeat In The Caucasus

BOYAJIAN: THE COMING RUSSIAN DEFEAT IN THE CAUCASUS
David Boyajian

8/boyajian-the-coming-russian-defeat-in-the-caucas us/
September 28, 2009

Russia will be well along the road to total defeat by the U.S. and NATO
in the Caucasus and beyond if the recently proposed Armenian-Turkish
protocols are ratified.

Within two months after ratification, Turkey would be required to
open its border with Armenia. Subsequently, or perhaps simultaneously,
the Azerbaijani-Armenian border will open if, as appears increasingly
possible, an Artsakh (Karabagh) peace agreement is signed.

Regardless of whether the Azeri border opens, a fully open
Turkish-Armenian border would inevitably result in the U.S. and NATO
penetration and subjugation of Armenia.

Let us look at U.S. and Russian policy in the Caucasus, both past
and present.

The West’s Goal: Domination

For two decades, the West, as well as Israel, has dreamt of dominating
the Caucasus, which is the gateway from Europe and Turkey into
the oil and gas-rich Caspian Sea region. To do so required ripping
the Caucasus’ three ex-Soviet countries-Armenia, Azerbaijan, and
Georgia-from the Russian bear’s claws.

The U.S. and NATO have largely succeeded in doing so. The West
has already built two major gas and oil pipelines-BTE and BTC-from
Azerbaijan’s Caspian coast through Georgia and Turkey. The U.S. insists
that all pipelines bypass Russia and Iran.

Though Georgia and Azerbaijan are under continual Russian pressure,
both are NATO candidates and have aligned themselves with the U.S.

That leaves Armenia, perhaps Russia’s only real ally in the world,
as the sole obstacle to total American domination of the western land
route into the Caspian.

By coaxing Turkey to open its border, Washington is now trying to
lure Armenia away from Russia and into the infinitely richer and more
modern, attractive, and democratic Western/NATO bloc.

Wealthier, stronger, and about 30 times larger and more populous than
its small, besieged eastern neighbor, Turkey has been picked for the
lead role in the West’s seduction of Armenia.

Armenia’s Importance to U.S. Strategy

Until last year’s Georgian-Russian war, the U.S. had been silently
pleased with Turkey’s blockade of Armenia. Washington hoped the
blockade, imposed mostly due to the Artsakh war, would create economic
pressure on Armenians to resolve that conflict.

Note that only an Artsakh peace agreement could fully pry open
the Azeri-Armenian-Turkish corridor that NATO and Washington
craved. [See "Why Artsakh Matters to the West and Russia" by Boyajian
on Armeniapedia.org.] But the war in Georgia cast doubt on that
country’s ability to continue hosting western-bound pipelines. For
the U.S., the only alternative to unstable Georgia is Armenia. This
explains why Washington has been dramatically stepping up pressure
and the protocols are part of that pressure-on Turkey, Armenia,
and Azerbaijan-to resolve their differences and thereby create a new
American path into the Caspian.

How does Russia feel about Armenia’s border issues?

Russia’s Fatal Mistakes

The Kremlin had long been silently pleased with the closed
Turkish-Armenian border and the Artsakh stalemate. After all, these
prevented the U.S. from penetrating Armenia and dominating all three
Caucasus countries.

Now, however, confidential and other sources indicate that Moscow
favors both the Turkish-Armenian protocols and an Artsakh peace
agreement.

Russia reportedly hopes that trade across the Turkish-Armenian border
would enable it to profit from its ownership of Armenian industry,
particularly electricity production and transportation.

However, given Armenia’s small economy and size, the extra revenue
for Russia would not be considerable.

The Kremlin is also reportedly worried that a new Russian-Georgian
war would hurt Armenia’s economy since most Armenian imports/exports
must now go through Georgia.

Thus, Russia allegedly hopes that an open Turkish-Armenian border
would give its Armenia ally an alternative import/export route in case
of a war. Yet, given its alliance with Georgia, Turkey might well
close its border with Armenia in such an eventuality. Conversely,
were the Turkish-Armenia-Azeri corridor to remain open, this would
partly defeat the very purpose of a Russian attack on Georgia.

Moscow and Ankara have developed significant economic and political
relations in recent years. And Russia supplies most of Turkey’s
natural gas. Thus, the Kremlin apparently believes that it can dictate
to Ankara.

The Kremlin is wrong. Regardless of how friendly it becomes with
Russia, Turkey will stay within NATO, its only protection against
its historic, nuclear-armed Russian enemy.

Moreover, Turkey and Georgia, which also depends on Russian gas,
will eventually develop alternative energy sources and no longer
be vulnerable to Russia pressure. In the meantime, Russia will lose
Armenia to the West.

Russia is also trying to buy up future production from Azerbaijan’s
oil and gas fields in hopes that, in so doing, the West will lose
interest in Azerbaijan. In return, Russia is apparently pressuring
Armenia to, in effect, hand Artsakh to Azerbaijan.

This is a grave error. Historically, Azeris have betrayed Russia,
as happened in World War I when they sided with Turkey, and will do
so again. In the meantime, Armenian anger at Russia for selling out
Artsakh, combined with the lure of Western wealth, will permanently
drive Armenia away from Russia. Only a true Russian alliance with,
not economic and military bullying of, Armenia will keep Armenia as
a friend. Armenia’s fear of Turkey is not enough.

Russian Policy Blunders

Russia has a long history of disastrous policies. In the space
of 75 years, Russia lost two empires-Czarist and Soviet-and the
Cold War. Russia allowed false prophets-the Bolsheviks-to impose
on it the inefficient and inhumane political and economic system
of Communism. Russians let a deranged Georgian, Josef Stalin, maim
and murder countless millions of them. Even today, most of Russia’s
wealth comes not from human productivity but courtesy of Mother Nature:
oil and gas.

Recent Kremlin policy has been deeply influenced by Aleksandr
Dugin, an extreme nationalist ideologue. His political philosophy,
neo-Eurasianism, advocates a Russian-led alliance of Asian and Slavic
countries. Like most Russian analysts, Dugin saw Armenia as a barrier
against Turkey, Russia’s historic enemy. Dugin then changed his
mind. He now thinks that Turkey is a Russian ally. This is a clear
sign of neo-Eurasianism’s immaturity.

The Kremlin-this time with Medvedev and Putin at the helm-is once
again listening to false prophets.

Turkey’s arm can indeed be twisted, but not broken, by
Russia. Moreover, Turkey is tougher than Russia. During the Cold War,
genocidal Turkey would have annihilated Russia had it, rather than
the Soviets, possessed nuclear weapons.

While Turks make Russians think they’ve become friends, Russians
foolishly throw their only ally, Armenia, to the Turkish wolf. Russia
will lose Armenia but will not win Turkey over. Pan-Turkism will
continue, pushed by the West for its own purposes.

Moreover, as I noted two years ago, once NATO enters the Caucasus,
it "could then jump across the Caspian Sea and march straight into
Muslim Central Asia, posing a possibly mortal threat to Russia."

Reject the Dangerous Protocols Armenians must openly reject the
protocols. Besides abrogating long-standing Armenian rights vis-a-vis
its genocidal neighbor, they are a formula for Turkish hegemony
over Armenia.

If the Turkish-Armenian border is to open, it must be in a way that
does not permit Turks to infiltrate, buy up, Ottomanize, and eventually
control Armenia.

Armenians must now publicly and bluntly emphasize to their Russian
ally that the protocols will result in Russia’s being surrounded by
NATO and ultimately, along with Armenia, destroyed.

The author is an Armenian American freelance writer. Many of his
articles are archived at Armeniapedia.org.

http://www.hairenik.com/weekly/2009/09/2

New Column: Diary Of An Armenian Journalist

NEW COLUMN: DIARY OF AN ARMENIAN JOURNALIST
Tom Vartabedian

9/28/new-column-diary-of-an-armenian-journalist/
S eptember 28, 2009

I never intended to keep a journal but my wife had other ideas.

She said, "If you’re going to Armenia, it behooves you to record
your daily experiences. Besides, it’ll give me something juicy to
read when you come back."

I didn’t keep a journal my first trip to Hayastan in 2006. My
mistake. While sorting through my slides and compiling my stories,
I wish I had been more organized.

On the other hand, I needed a break from writing and didn’t entertain
the thought of leaving a newspaper behind for two weeks and resuming
my journalism in Armenia.

So I skipped a journal and resorted to hen-scratching on pads, which
turned out to be rather illegible at times. So disengaged that I
actually identified the wrong church in a photo exhibit until a
curator brought it to my attention.

One important facet about Armenia. Either get it straight or don’t
get it at all.

So my wife went out and purchased this fancy leather journal with a
red cover and dark red elastics to keep it bound. "Here’s a little
something special to remember your trip by," she said, handing over
a neatly-wrapped package.

It was an offer I couldn’t refuse.

In the days and weeks I spent in Armenia during April and May,
the journal became my commitment. And my panacea. Each evening, no
matter the time, I would sit on a cozy sofa and make my inscriptions
dutifully.

So did my sidekick Joe Dagdigian. He’s been keeping journals for years
and encouraged me to make it a daily exercise. "Miss a day and it’s
hard to recall," he told me. "Jot down places in your notepad and
transfer them to the journal at night."

Sounded like sage advice. If Joe was a general in some war, it would
never end because he would spend most of his time keeping journals
for future books.

Some people say I have such a way with words that I can write my
journal in advance. Well, they couldn’t be further from the truth. To
keep an accurate journal, no matter where you go, takes work.

The last time I had kept such a journal was at age 19 when I spent
a year studying with the Armenian Mekhitarist Fathers in Austria. At
the time, I had no intention of becoming a journalist but had begun
corresponding for the Hairenik Weekly through the AYF. Its editor,
James Tashjian, encouraged me to keep a journal.

Every day for a year, I made my notations, capturing the lives of the
Catholic priests and the social climate in Vienna. It turned into my
personal diary until I shared it with my wife and loved ones.

I never intended to have it published. It was kept for posterity. What
it did was open a window for me that ultimately led to a journalism
career and a published series of articles for the Hairenik which were
welcomed by the editor.

I wish to share my journal with Weekly readers in the weeks to
come. The beauty of any trip, be it Armenia or Africa, is to draw
others into the experience. Whether you’ve been to Armenia or not,
maybe these installments will take you there.

On the lighter side, I happen to be a big Mister Boffo cartoon fan. And
wouldn’t you know it? On the day I was writing this introduction,
they showed a man behind bars with the subtitle: "Too Little Too
Late Award."

The inmate, presumably a journalist, turns to the jail keeper and
says, "Should I be writing this?" I can assure you that I was never
incarcerated in Armenia much less given a snide look by any law
enforcement officer. Had that occurred, you’d probably be reading
about that as well.

Please join me as I transport you to places like Dzidzernagapert and
witness April 24th, like Gyumri and Artsakh and the many villages along
the way. Come sample the vibrant social life, some of the impoverished
areas, and the spiritual encounters in many of the churches. Relive
a heritage with me that dates back 5,000 years and refuses to die.

http://www.hairenik.com/weekly/2009/0

Armenian Fm Invited His Australian Counterpart To Armenia

ARMENIAN FM INVITED HIS AUSTRALIAN COUNTERPART TO ARMENIA

Panorama.am
13:16 28/09/2009

Armenian Foreign Minister Edward Nalbandyan who is currently paying
working visit to New York attended the ministerial summit of the
Collective Security Treaty Organization (CSTO) on 26 September,
MFA reports.

According to the source, the Foreign Ministers discussed a wide range
of issues.

Just on the same day Armenian FM had a meeting with his Russian,
Austrian, Swiss, Serbia, Kazakhstan, Australian, Canadian and Iranian
counterparts.

During the foreign ministers’ meeting various regional and
international questions have been discussed.

With his Australian counterpart Armenian FM discussed issues of
bilateral cooperation. Australian FM signified the role of Armenian
community in Australia and said that it could contribute to the
improvement of bilateral ties. To continue the discussion on this
respect Armenian FM invited his Australian counterpart to Armenia.

Erdogan: Turkey, Armenia To Sign Deal On October 10

ERDOGAN: TURKEY, ARMENIA TO SIGN DEAL ON OCTOBER 10

armradio.am
28.09.2009 13:38

The Turkish Prime Minister says Turkey and Armenia will sign a deal
to establish diplomatic ties on Oct. 10.

Turkish Prime Minister Recep Tayyip Erdogan said Sunday that the
deal would be signed by the countries’ Foreign Ministers, but it
must be approved by the countries’ parliaments before taking effect,
AP reports.

The deal also foresees the reopening of the Turkish-Armenian border.

The Turkish and Armenian soccer teams will meet in an Oct. 14 World
Cup qualifier.