NKR: A New Tourism Center Will Be Opened

A NEW TOURISM CENTER WILL BE OPENED

Azat Artsakh Tert, Nagorno Karabakh Republic
Dec 19 2007

Firstly the president visited the former clinic where the new tourizm
center will be opened. After being acquainted with the conditions of
the building, the president ordered to do the reconstruction in high
quality and according with architectural standards. The president
reminded about the importance of surrounding ecology.

Then Bako Sahakian visited Stepanakert’s furniture factory. He was
acquainted with the consiquences of the war and the products of the
factory. Discussing the problems of the factory, the president said
that it’s very important to product compatatable pruduction and
mentioned about the importance of corrective steps in this direction.

The president’s next visit was to the town police building, where the
president also paid attention to the conditions. Bako Sahakian also
was acquainted with their works, particularly, with the revelalations
of the crimes and road accidents’ prevention.

The president also visited the Surpreme Court, Stepanakert’s town
prosecutor’s office, police investigation isolator and was acquainted
with the conditions.

The Prime-minister Ara Haroutyunian, other officers and the Mayor of
the town of Stepanakert accompanied the president during the visit.

Armenian Ararat Bank Announces Emission Of Simple Nominal Undocument

ARMENIAN ARARAT BANK ANNOUNCES EMISSION OF SIMPLE NOMINAL UNDOCUMENTED SHARES TOTALING AMD 381.5MLN

ARKA News Agency, Armenia
Dec 18 2007

YEREVAN, December 18. /ARKA/. Armenian Ararat Bank announced the issue
of simple nominal undocumented shares totaling AMD 381.5mln.Executive
Director, Chairman of Board of Ararat Bank Ashot Osipyan told reporters
that the issue will be implemented through direct public offering
(DPO).

"Those interested can obtain shares in the central office of Ararat
Bank, as well as in any of its branches by filling in corresponding
applications," he said.

Osipyan pointed out that the main aim of entering the DPO market is
diversification of sources of capital attraction, one of which is
the issue of simple shares.

"The bank aims at defining the real value of shares of Ararat Bank,
as well as raise the level of its corporate management," he said.

Osipyan pointed out that the minimal number of issued shares totals
70,000, and the maximal – 76,300, the principal value of each is AMD
5,000, and the value of placement – AMD 5,900.

"Thus, total incomes from placement of Ararat Bank shares are expected
within AMD 450.2mln," he said and added that the emission started on
December 17, 2007 will last till January 21, 2008.

Osipyan also said that both individuals and legal entities, being
residents or non-residents of Armenia, may obtain shares of Ararat
Bank.

Ararat Bank (legal successor of "Amrsvyaz" Bank) was founded on
02.09.1991 and received banking license N4 on October 31, 1996. In
August 2007, the bank was reorganized into an Open Joint-Stock Company.

On May 15, 2007, Ararat Bank terminated the placement of corporate
bonds, the emission of which started on May 3. Corporate coupon bonds
of Ararat Bank passed listing on the Armenian Stock Exchange by the
highest Abond category.

The number of bonds issued totaled 25,000, with the circulation term
of 12 months, with the nominal value of AMD 10,000 with annual yield
of 8%.

As of September 30, 2007, the assets of the bank total AMD 16.4bln,
capital – AMD 4.5bln, income – AMD 224.8mln. Ararat bank has 10
branches. ($1 – AMD 303.36).

Two Armenian Gymnasts Receive Prizes In Moscow International Tournam

TWO ARMENIAN GYMNASTS RECEIVE PRIZES IN MOSCOW INTERNATIONAL TOURNAMENT

Noyan Tapan
Dec 17 2007

YEREVAN, DECEMBER 17, NOYAN TAPAN. Sport Gymnastics International
Tournament of Prizes after Mikhail Voronin, twice champion of Olympic
Games, was held on December 13-16 in Moscow. Representatives of 20
countries took part in the tournament.

Among representatives of Armenia, Haroutiun Merdinian took the
third place in wooden horse and Artyom Avetian in vaulting. Astghik
Gyulnazarian, the third representative of Armenia, did not receive a
prize. She took the 23rd place among 28 participants. Artyom Avetian
was the 15th and Haroutiun Merdinian the 13rd among 50 participants.

RA National Assembly Speaker Sends Invitation Of Implementation Of M

RA NATIONAL ASSEMBLY SPEAKER SENDS INVITATION OF IMPLEMENTATION OF MONITORING MISSION TO PACE, OSCE PA, EUROPEAN PARLIAMENT, AND CIS INTERPARLIAMENTARY ASSEMBLY

Noyan Tapan
Dec 18 2007

YEREVAN, DECEMBER 18, NOYAN TAPAN. On December 18, RA National Assembly
Speaker Tigran Torosian sent an invitation of implementation of a
monitoring mission during the 2008 presidential elections to PACE, OSCE
PA, European Parliament, and CIS Interparliamentary Assembly. Noyan
Tapan was informed about it by the RA NA Public Relations Department.

NA Speaker Tigran Torosyan Met With EU Special Representative

NA SPEAKER TIGRAN TOROSYAN MET WITH EU SPECIAL REPRESENTATIVE

armradio.am
19.12.2007 16:26

December 19 Speaker of RA National Assembly Tigran Torosyan received
the EU Special Representative for the South Caucasus, Ambassador Peter
Semneby, who arrived in Armenia to participate in the parliamentary
hearings on Armenian-Turkish relations.

NA Speaker Tigran Torosyan welcomed Mr. Semneby’s visit to Armenia,
saying it’s a proof of EU’s attention towards issues of the region.

Mr. Torosyan highly assessed the European Union’s role in the region,
noting that the values and principles within the framework of which
the EU acts, are pursued by the region in general and Armenia, in
particular. The Armenian Parliament Speaker turned to the amendment
of the Electoral Code and the reforms in the judicial-legal field,
which are targeted at creating legal bases for holding the presidential
elections in accordance with democratic standards.

EU Special Representative Peter Semneby also confirmed the EU’s
interest in regional issues and improvement of Armenian-Turkish
relations. According to his assessment, the European Union wishes to
see more predictable relations and considers that European integration
will provide a greater opportunity for that. The EU is interested in
the development of relations between Armenia and Turkey.

In this regard Tigran Torosyan stressed the importance of discussing
the issue in European structures on the level of European values and
European integration, since in case of existence of certain standards
no party will be able to blame European structures for being biased.

The Parliament Speaker said the Parliaments of the two countries can
take steps encouraging the establishment of cooperation. R. Torosyan
emphasized the importance of PACE, in the framework of which the
delegations of Armenia and Turkey meet four times a year to work
together in Commissions and at plenary sessions

Obstacles In The Normalization Of Armenian-Turkish Relations Essenti

OBSTACLES IN THE NORMALIZATION OF ARMENIAN-TURKISH RELATIONS ESSENTIAL, BUT NOT INSURMOUNTABLE

armradio.am
18.12.2007 11:19

Former Deputy Foreign Minister of Turkey, Ambassador Ozden Sanberk
said in an exclusive interview with Mediamax that the obstacles
in the normalization of Armenian-Turkish relations are "essential,
but none of those must be considered insurmountable."

1985-1987 Ambassador Ozden Sanberk was the Adviser to Turkish
Prime Minister on Foreign Political Issues. 1987-1991 he was the
Ambassador of Turkey to the European Union. 1991-1995 he worked as
Deputy Foreign Minister of Turkey. 1995-2000 Ozden Sanberk served as
Turkish Ambassador to Great Britain. Until 2003 he headed the Turkish
TESEV Research Institute.

Ambassador Ozden Sanberk has been a member of the "Armenian-Turkish
reconciliation commission."

"First, there is a dispute between Armenia and Azerbaijan. If we find
its solution, everything will go much easier. Second, there are issues
connected with territorial claims, historic campaigns, international
prejudices toward Turkey and incandescence of hatred. Third,
there is the question of psychological preparedness. We need an
ice-breaker. What we need must be of public and symbolic nature. Do
you remember the table tennis tournament between Americans and
Chinese before the two countries reconciled? If we manage to hold the
qualifiers between the football teams of Armenia and Turkey in the
framework of the World Cup, it may become a similar step. However,
we must confess that football is a passionate sport, so that this
occasion may not be that proper. But I think that sooner or later we
will find something proper," the retired Turkish diplomat said.

Why doesn’t Yerevan’s suggestion to establish diplomatic relations
without any preconditions satisfy Ankara? Ozden Sanberk said: "It’s
senseless to build a house that will be destroyed from the first blow
of wind. Diplomatic relations must be based on clear comprehension
and compromise, at least on most important issues."

BAKU: Armenian Foreign Ministry Positive On Week Of Azerbaijan In Ar

ARMENIAN FOREIGN MINISTRY POSITIVE ON WEEK OF AZERBAIJAN IN ARMENIA

Today, Azerbaijan

Dec 18 2007

"We approve all initiatives aiming at expanding a dialogue in the
South Caucasus".

The Statement was made by the spokesman of Armenian Foreign Ministry
Vladimir Karapetyan.

He said the event demonstrates Armenia’s loyalty to dialogue and peace:
"We regard this as an example of our loyalty to dialogue and peace. The
same has been said by the Foreign Minister of Armenia Vardan Oskanyan
during his visit to Madrid.

Such arrangements must not end in themselves, we would like this
initiative to continue in all countries, engaged in the program. We
are confident that public diplomacy and international communication
will encourage peaceful settlement of Nagorno-Garabagh conflict".

It should be noted that the Week of Azerbaijan has started in Armenia.

The event will be organized in Yerevan in the Mkhitar Sebastatsi
educational complex headed by Ashot Bleyan.

The Azerbaijani delegation, which participates in the event, includes
writer Seymur Baycan and the representatives of Azerbaijan office of
Helsinki Citizens’ Assembly and several human rights activists

The schoolchildren will write compositions on the topic "How I imagine
Azerbaijan" and "How I see the future of Armenia and Azerbaijan"
during the week of Azerbaijan.

The film "Open borders" by Luisa Pogosyan about Nagorno Garabagh,
a territory of Azerbaijan, occupied by Armenians, will be presented
during the event.

The British Embassy to Armenia is among the organizers of the event.

Mkhitar Sebastatsi is a state school, headed by the former Education
Minister of Armenia Ashot Bleyan, who had been in prison for several
years and who is often blamed for his pro-Azerbaijan position.

Bleyan protests against Armenia’s occupying Azerbaijani territories
and speaks for establishment of close relations with both Azerbaijan
and Turkey.

http://www.today.az/news/politics/41910.html

New Iraq A Ray Of Hope For Greek Assyrians

NEW IRAQ A RAY OF HOPE FOR GREEK ASSYRIANS
By Demetrios Rhompotis

Assyrian International News Agency

Dec 17 2007

New York — Seventy Greek Assyrian families could claim compensation
for lost property in northern Iraq, as reconstruction plans try to
bring justice to oppressed minority groups.

Thousands of Assyrians, also known as Chaldeans and Syriacs, were
driven from the oil-rich area of Mosul in the 1910s. For decades, those
who settled in Greece hesitated to press claims, fearing reprisals
against their compatriots in Iraq. The overthrow of Saddam Hussein
now brings new hope to the cause.

"Our people lived there for thousands of years and they threw them out
violently," says Steve Sorros, whose grandparents were expelled from
the Mosul district. "Of course, we do not wish to return there… but
(we) have every right to be compensated. And our property was where
the oil is."

Sorros, who emigrated to New York in 1976, believes the interests of
oil companies overrode human concerns. He hopes Greek Assyrians will
pursue a class action lawsuit, as Holocaust victims did against Swiss
and German financial institutions, winning $20 billion.

The case has potential, according to lawyers like Nick Karambelas
of the Washington-based law firm Sfikas & Karambelas. "There might
be a strong legal base for compensations," he says. Karambelas has
experience in such matters, representing families that lost property
in the 1974 Turkish invasion of Cyprus.

Assyrians are still classed as foreigners in Greece, which may help
the case, he adds. Six thousand emigrated from Iraq, Iran, Syria and
Turkey. Only around 1,000 are naturalised citizens. The rest have no
papers. Karambelas says this refugee status means they did not give
up rights to their land.

Another Greek American lawyer at one of New York’s largest consulting
firms – who asked to remain anonymous – was even more optimistic. He
estimates desce! ndants o f the expelled Assyrians could demand 20
percent of the profits since oil started to be exploited on their
properties – an amount that could reach billions of dollars.

Greek authorities are largely oblivious to the brewing controversy.

Last November, the Athens News asked Adamandios Vasilakis, Greece’s
permanent representative to the UN, if the government was aware of
the situation – and willing to push it into the global spotlight.

Vasilakis said he had no idea and promised to find out. Nothing has
happened since. The Greek foreign ministry has not commented on the
situation, despite repeated requests.

The time is ripe for political settlement for Assyrians in Iraq and
abroad. They dare not hope for an autonomous state like the Kurds.

Cultural freedom is all they ask, according to Kyriakos Batsaras,
president of Union of Assyrians in Greece. "Whatever the Muslims get,
this is what we also want, nothing more, nothing less," he stresses.

Yet the Assyrians may be excluded from the final settlement in northern
Iraq, sources there claim. Instead of being recognised as a minority
group, they are being dismissed as Orthodox Christian Arabs.

"For a people with 7,000 years of history, it’s ridiculous to call
us that," Batsaras says.

Greek Assyrian odyssey

Today 4.5 million still consider themselves Assyrians. Their empire
once stretched across northern Iraq, northeastern Syria, Turkey
and Iran. Ninevah – the ancient capital near Mosul – may have been
the world’s first city. The kingdom crumbled in 612 BC, scattering
the people into small pockets around the Middle East. They embraced
Christianity in the 1st century AD and still speak Aramaic, one of
Jesus Christ’s languages.

Over the centuries, the Assyrians have been persecuted for their
ethnicity and their religion. The enjoyed some autonomy under
Ottoman rule in the early 20th century, because it was dif! ficult
f or Imperial forces to subdue their militia. This delicate balance
ended when the Ottoman Empire massacred Christians – Assyrians and
Armenians alike – in 1915. Winston Churchill described it as "whole
districts blotted out in one destructive holocaust".

Sorros believes oil-hungry foreigners prompted the attack. "They used
the Muslims to expel the more educated Christians. After they threw
them out, they drilled the oil. Our forefathers did not receive any
form of compensation."

The late Nissan Yaou – president of the Union of Assyrians in Greece
for many years – supported this theory. His written testimony attests:
"Oil was running into the river and people used it to burn wood that
had not yet dried." Locals called the stream "Kriya" (black), because
it brimmed with the crude liquid. During the winter snowfall, the oil
turned to asphalt, which had to be scraped off to cultivate the land.

Yaou documented the expelled Assyrians’ flight. They initially sought
refugee in Iran, then Christian Russia, followed by the Black Sea
port Novorossisk. They decided to return home in 1922, as the Mosul
district was under British rule.

Yet English authorities in Constantinople stopped their ship, claiming
an epidemic had struck their area. The Assyrians were lumped in
with the people fleeing the Asian Minor disaster – and re-routed to
Greece. They landed at Makronessos, which later became a notorious
prison island.

Conditions were rough there. The refugees would draw water and wash
from a big hole, encouraging the spread of disease. Around 10-15
people died each day, among them Yaou’s stepmother. They were moved
several times to Keratsini, a monastery in Poros and the military
barracks of Kalamata, where an estimated 4,000 people perished.

Locals warned them not to drink the contaminated water, but no one
understood Greek, Yaou explained. At the end of 1923, the Assyrians!

finally settled in the Athens suburb of Aegaleo, building a church
in the memory of Saint Andrew.

Further troubles back home

Assyrians who remained in the Middle East suffered as well. They fought
for the Allies in World War I, but were left without ammunition and
support just before the conflict’s end. They fled to Baghdad, losing
one-third of their population to attack, disease and hardships.

Britain, France and Russia promised to help establish an Assyrian
homeland in the Mosul district, but this never came to pass. During the
formation of the modern Iraqi nation in 1933, civilians were massacred
and 60 villages destroyed. Batsaras says that English authorities
moved 80,000 Arabs into the abandoned area, harshly oppressing any
remaining Assyrian resistance.

Iraqi forces razed another 200 towns in the 60s and 70s, as well
as scores of ancient churches. Saddam Hussein’s "Arabisation policy"
forced more people from their homes in the mid-80s. After the Gulf War,
250,000 Assyrian refugees joined fleeing Kurds. Batsaras stresses:
"When you hear about ships full of Iraqi refugees, their majority
are Assyrians."

Search for justice

Both Sorros and Batsaras hope all Assyrians eventually could return to
a safe and tolerant homeland. In the meantime, those in Greece will
pursue compensation for lost lands and revenue. At least 70 families
are eligible.

Sorros plans to push the case through powerful Assyrian organisations
in the US, whose leaders met with the President George W Bush and his
administration in March 2003. "For 70 years big conglomerates drill
oil from my grandfather’s backyard," he says. "At least something
should be given to us."

www.athensnews.gr

New Nuclear Plant Is A Complicated Process

NEW NUCLEAR PLANT IS A COMPLICATED PROCESS

Lragir, Armenia
Dec 17 2007

The United States signed an agreement with the Armenian ministry of
energy three weeks ago by which the U.S. government will finance the
feasibility study of the new nuclear plant of Armenia, stated Joseph
Pennington, U.S. Charge d’Affaires, a.i., in a news conference on
December 17, in answer to the question on the participation of the
United States in the construction of the new nuclear plant of Armenia.

Pennington said the U.S. government will assign 2 million dollars for
this activity. He says it is the first step because the process will
be lasting and complicated. Their purpose is to help the ministry
of energy attract investors who are interested in building a nuclear
plant in Armenia, he says. Pennington says they have worries regarding
the security of the nuclear plant of Metsamor and have invested
a considerable sum in enhancing the security of the old nuclear
plant. He says they are hopeful that the nuclear plant of Metsamor
will be closed down not a long time later but they understand the
stance of the government that it cannot be closed down unless there
is another commensurate capacity.

U.S. Embassy Offers Training Class To Armenian Election Commissions’

U.S. EMBASSY OFFERS TRAINING CLASS TO ARMENIAN ELECTION COMMISSIONS’ MEMBERS

ARKA News Agency, Armenia
Dec 17 2007

YEREVAN, December 17. /ARKA/. U.S. Charge d’Affaires to Armenia Joseph
Penington supports the idea of upgrading qualification of election
commissions’ members ahead of presidential election.

He told journalists on Monday that the U.S. Embassy representatives
offered at the meting held recently in electoral commissions to conduct
a training course to members of the Central Election Commission.

The diplomat voiced some concern over the fact that not a single member
of the Central Election Commission had responded to this initiative
so far.

He said that the United States had launched a comprehensive
election-supporting program yet before Armenian parliamentary elections
and is implementing it also now.

The program includes a wide range of measures – from updating voter
lists to attracting women and young people to the vote.

Armenian presidential election is scheduled for February 19.