37 kilograms of "hard" drugs confiscated in 2010

Aysor, Armenia
July 31 2010

37 kilograms of “hard” drugs confiscated in 2010

Armenia’s police said at its board meeting that it had registered 811
drug-related crimes, in comparison with 539 cases for the same period
in 2009.

It was reported that country’s police succeed in identifying the
illegal trafficking in narcotic drugs: there were registered 809
cases, marking a 51,2% increase in comparison with the same period of
2009. Drag trafficking and trade was marked by a double-digit increase
(228 cases for six months of 2009 against 423 cases for six months of
2010).

Police officers confiscated 44 kg 646 grams of drugs, including 37
kilograms of `hard’ drugs like opium, heroin, and methamphetamine.

From: A. Papazian

74 foreigners suffered from criminals in Armenia, police say

Aysor, Armenia
July 31 2010

74 foreigners suffered from criminals in Armenia, police say

Armenia’s police has announced at its board meeting that 74 foreigners
experienced problems being suffered from criminals in Armenia for the
first half of 2010, among them are 30 Iranians, 19 Russians, 8
Americans, 5 Indians, 3 Georgians, 2 Ukrainians, and an Uzbek, a
Korean, a Lithuanian, a Greek, an Austrian, a Bulgarian, and a Turk.

For the reported period, there was registered decline in crimes
committed by groups; crimes committed by non-adults declined by 1,1%
as well.

From: A. Papazian

New Wave 2010: Sona Shahgeldyan to get on stage 9th

Panorama, Armenia
July 31 2010

New Wave 2010: Sona Shahgeldyan to get on stage 9th

The final round of `New Wave 2010′ international song festival is due
Saturday. The participants will present songs specially written for
the contest which they have never performed before. Armenian
representative Sona Shahgeldyan will get on stage 9th.

Sona Shahgeldyan is third with 189 points after the first two days of
the contest. Israel’s representative has scored as much. Ukrainian
singer Tatiana Shirko scored 191 and is the leader, Uku Suviste of
Estonia has scored 190 and got the second horizontal.

`New Wave 2010′ international song festival got underway July 27 in
Yurmala.17 singers from 12 countries participate in the contest `
Russia and Ukraine (3 contestants), Belarus, Estonia and Latvia (2
contestants), Armenia, Azerbaijan, Bulgaria, Kazakhstan, Finland,
Brazil and Israel.

The contest budget is 100 thousand euros. The winner will get 50
thousand euros, second contestant ` 30 thousand and the third ` 20
thousand euros.

From: A. Papazian

Senate schedules Bryza confirmation vote after incomplete, evasive a

Panorama, Armenia
July 31 2010

Senate schedules Bryza confirmation vote after he gives incomplete and
evasive answers

Matthew Bryza, President Obama’s controversial nominee to serve U.S.
Ambassador to Azerbaijan, responded to written questions submitted by
Senate majority leader Harry Reid, Senate Foreign Relations Committee
Chairman John Kerry, and Senators Barbara Boxer, Robert Menendez, and
Russ Feingold, reported the Armenian National Committee of America
(ANCA).

Senator John Kerry (D-MA), Chairman of the Foreign Relations
Committee, Friday announced that his panel will hold a vote next
Tuesday, August 3rd, on the confirmation of Matthew Bryza, as the U.S.
Ambassador to Azerbaijan, despite the nominee’s evasive and incomplete
answers to a series of written questions submitted to him by Senate
Majority Leader Harry Reid (D-NV) and key members of this influential
panel.

“Mr. Bryza’s evasive, unresponsive, and incomplete written answers to
the Senate Foreign Relations Committee, even more than his spoken
testimony before this panel, confirm our reservations about his
troubling track record, and clearly confirm that he is not the right
person to serve as U.S. Ambassador to Azerbaijan,” said Aram
Hamparian, Executive Director of the ANCA.

According to him, American diplomacy in the region would be well
served by a fresh start, with a new ambassador who doesn’t have deep
ties into Azerbaijan’s corrupt government, a history of turning a
blind-eye to Baku’s aggression, or serious conflict of interest
issues.

From: A. Papazian

Day of Railway Workers at Children’s Railway park

Aysor, Armenia
July 31 2010

Day of Railway Workers at Children’s Railway park

An event dated to the Day of Railway Workers will be held at Yerevan
Children’s Railway park tomorrow. It was organized by the South
Caucasian Railways company, company press office reported.

The celebration will be attended by high-ranking officials. It will
start at 07:00 pm.

Note that before the Soviet period the day was marked on June 25.

The first Day of Railway Workers was marked in 1896 in Russia and was
dedicated to Tsar Nicholas I of Russia, since under the tsar the first
railway was laid in the country. Initially the day was timed to tsar’s
birthday.

From: A. Papazian

Sociologist’s opinion: who wins seats at Armenia’s Parliament?

Aysor, Armenia
July 31 2010

Sociologist’s opinion: who wins seats at Armenia’s Parliament?

The Republicans, ARFD, Party of Prosperous Armenia, Orinants Erkir,
and Heritage can win seats at the Parliament when next elections
start, shared his view Director of Sociometer Center, Agaron
Adibekian.

He said that National Unity Party and the Union of National
Self-Determination remained in a shadow. `Those forces that have own
media, can influence the electorate,’ said sociologist, referring to
the People’s Party and the Union of Constitutional Law.

The Republicans and Party of Prosperous Armenia will mainly campaign
for 60% of votes; ARFD, Heritage, the Armenian National Congress will
fight for other 40% of votes. `Other political forces should decide
whom they will support,’ said Adibekian.

`Orinants Erkir, Heritage and other forces must seriously work to win
seats at the Parliament. Heritage’s chances are low, especially after
recent developments,’ said Adibekian.

From: A. Papazian

Amendments to contract on Russian mil base will strengthen Armenia

Eduard Sharmazanov: amendments to contract on Russian military base in
RA will strengthen Armenia’s defense capacity

July 31, 2010 – 18:51 AMT 13:51 GMT
PanARMENIAN.Net –

RPA parliamentary group secretary Eduard Sharmazanov gave positive
assessment to RA-RF protocol envisaging introduction of amendments to
the contract on Russian military base on the territory of Armenia.

As he said in a conversation with PanARMENIAN.Net reporter, `The
protocol suggests strengthening of Armenia-Russia cooperation.’

As he noted, the document will promote Armenia’s defense capacity
improvement, making a positive influence on RA military-industrial
complex.

From: A. Papazian

Hague court ruling: a precedent to be used in Karabakh issue?

Hague court ruling: a precedent to be used in Karabakh issue?
July 24-30 overview of political events

Hague court verdict on Kosovo independence is a moral and juridical
assessment of the situation which may have an influence on Karabakh
conflict settlement, according to Orinats Yerkir deputy chairman Mher
Shahgeldyan. As he told July 24 news conference in Yerevan, Kosovo
precedent consolidates juridical and diplomatic position of Armenian
side in peace talks for Karabakh conflict settlement. `The ICJ ruling
is legitimate and acceptable to international community. Kosovo
verdict gives de jure confirmation of de facto situation with
Karabakh, as well as other conflict zones.’

July 31, 2010
PanARMENIAN.Net –

Mher Shahgeldyan pointed out that the statement of the Heads of
Delegation of the OSCE Minsk Group Co-Chair countries once again
accentuated the three principles of international law for the Karabakh
conflict settlement: the people’s right to self-determination, non-use
of force and territorial integrity.

It is very important that the statement views these principles as
something single and interrelated, Shahgeldyan stressed.

According to him, Armenia hails this approach of the Heads of
Delegation of the OSCE Minsk Group Co-Chair countries.

Shahgeldyan noted that Armenia’s diplomatic positions have
strengthened in the Karabakh issue.

*

People’s diplomacy will help overcome the atmosphere of mistrust and
hostility between South Caucasus nations, Stepan Grigoryan, the head
of the Analytical Center on Globalization and Regional Cooperation
stated.

As he emphasized at July 26 news conference entitled Second Track
Diplomacy and Peace in the South Caucaus: Presentation of the
Rondine’s 14 Points for Peace, Rondine Cittadella della Pace Italian
association and Rondine University plan to establish cooperation with
Caucasus youth, offering a possibility of education at the university.

Rondine Cittadella della Pace association president Franco Vaccari, in
turn, pointed out that 14 Points for Peace document was drawn out by
Rondine University students.

*

Hague court ruling proves the prevalence of people’s right to
self-determination over territorial integrity principle, RA NA vice
speaker Samvel Nikoyan stated.

As he told July 26 news conference in Yerevan, the 2 principles do not
contradict each other, with territorial integrity principle to be
applied in case one UN state encroaches on another’s territory. `The
principle of people’s right to self-determination is to be applied in
case when to defense its rights an ethnic minority is separating
itself in accordance with international law to create its own state,’
the vice speaker stated.

As Samvel Nikoyan pointed out, Azeri president should draw inferences
from Kosovo precedent, with people’s right to self-determination given
priority over territorial integrity principle in international
practice. `Armenian parliament will use the ICJ ruling as a basis in a
struggle for international recognition of NKR independence,’ the vice
speaker noted.

According to Nikoyan, Armenia’s recognizing Karabakh independence
would be unreasonable at the moment, yet the possibility of
recognizing it in future should not be ruled out.

`Currently Karabakh conflict settlement process is conducted under
OSCE MG auspices, with Armenian side adhering to this position. Should
Azerbaijan bring negotiations into impasse, continuing with ceasefire
violations, Armenia may recognize NKR independence. This, in my
opinion, is one of the most probable steps of Armenian side,’ Nikoyan
stated.

Samvel Nikoyan also drew similarities between Kosovo and Karabakh issues.

`Difference between Kosovo and Karabakh issue is Kosovo’s being
situated in Europe and populated by Albanians,’ Nikoyan noted.

`NKR announced separation from Azerbaijan in accordance with USSR
legislation. Humanitarian catastrophe in Kosovo could only be curbed
through international forces interference, while Artsakh people had
only their own means to rely on.’

`However, from international law viewpoint, Kosovo and Karabakh issues
are virtually similar,’ RA NA vice speaker emphasized.

*

Vice-Chairman of the Russian Academy of Geopolitical Problems Araik
Sargsyan said that it is impossible to use the Kosovo precedent for
the international recognition of NKR’s independence, as Kosovo is a
program of the U.S. The Hague court’s ruling on Kosovo is conditioned
by pressure of the U.S, Sargsyan told July 27 press conference in
Yerevan.

According to him, the superpowers would have recognized NKR’s
independence long ago, if it were within their interests. `The
Karabakh conflict resolution is not within interests of the U.S.,
Great Britain and France, as the tense situation serves as a guarantee
of their presence in the region,’ Sargsyan said.

He added that the Albanian drug mafia spent $250mln for Kosovo’s
recognition by the international community. `The Armenian oligarchs
are not ready to spend as much for the international recognition of
NKR, as the Armenian leadership lacks relevant state policy and
political will,’ noted Sargsyan.

He added that NKR’s independence will be recognized only in two cases:
presence of relevant state policy and readiness to spend huge money,
as well as in case of a new war, after which the sides will sign a
peace agreement. `NKR will have the opportunity to be involved in
talks again only in case of a new war,’ said Sargsyan.

*

Chairman of European Integration NGO Karen Bekaryan said on July 27
that the Hague court’s ruling on lawfulness of Kosovo’s secession from
Serbia serves as a good reason for the Foreign Ministry of Artsakh to
initiate a certain process on NKR’s international recognition.

`The fact that Karabakh is not directly involved in the talks provides
Stepanakert with the opportunity to be less constrained in similar
initiatives,’ the expert stated.

Bekaryan added that the civil sector of NKR also should be involved in
the process of international recognition of NKR’s independence.

As for Armenia’s steps in this process, according to Bekaryan, it
should stir up the parliamentary diplomacy. `Through international
organizations and parliamentary friendship groups Armenia may initiate
steps for recognition of NKR’s independence by parliaments of friendly
countries. In its turn, the Armenian Diaspora should assist Armenia
and NKR in this process,’ noted Bekaryan.

The expert said that the Hague court’s ruling will definitely have an
impact on the negotiation process on Karabakh.

*

Member of Republican Party of Armenia parliamentary group Lernik
Alexanyan said that the ruling of the International Court of Justice
on Kosovo will definitely have a positive impact on the Karabakh
conflict resolution.

However, one should not expect it to have a considerable impact on the
international recognition of NKR’s independence, Alexanyan told July
28 news conference in Yerevan.

According to Alexanyan, though non-binding, the ruling was passed in
accordance with juridical logics. `The ruling is a good basis to
transfer the Karabakh problem from the political field into a legal
one. At last, the ruling will open the eyes of Azerbaijanis to the
fact that the Karabakh conflict may be resolved in the legal field,’
noted Alexanyan.

As for recognition of NKR’s independence by Armenia, he said that
Armenia should do it at a well-chosen moment. `Armenia should keep
this step as a trump card in its relations with Azerbaijan to use it
at the right moment,’ said Alexanyan.

According to him, Armenia can use this trump card in two cases: if
Azerbaijan resumes hostilities or favorable conditions are established
in international relations for recognition of NKR’s independence.

*

International Court of Justice ruling on Kosovo independence is
important to Armenia and NKR, confirming that acknowledgement of NKR
independence doesn’t run counter to international law, the head of
ARFD Hay Dat Bureau Kiro Manoyan stated on July 28.

As he pointed out at news conference in Yerevan, Artsakh independence
was declared in accordance with international law, as well as USSR
legislation.

Characterizing statements on Hague court ruling referring to Kosovo
case only as a flaw of judgment, Kiro Manoyan urged to undertake
specific steps towards international recognition of NKR independence.

*

Director of Sociometer center Aharon Adibekyan said that the Kosovo
precedent has divided the expert community’s opinion: a part of it
stands for the people’s right to self-determination, while the other
part – for territorial integrity. `All of them are right,’ Adibekyan
told a press conference in Yerevan.

According to Adibekyan, in this case all depends on force. `Armenia
has a force advantage in the Karabakh conflict settlement,’ the
Armenian sociologist said.

Presenting the results of sociological researches conducted by
Sociometer center during the parliamentary elections in NKR, Adibekyan
noted that 85% of NKR’s population stands for independence, while 15%
of it believes that a mutually acceptable solution should be achieved
among the sides to the conflict, and only 0.1% of NKR’s population
sees its future within Azerbaijan’s composition. `Possibly, these
people held senior posts during the Soviet era,’ said Adibekyan,
adding that the number of those who support reunification with Armenia
is decreasing in Karabakh with the lapse of time. `According to the
results of our researches, only 33% of population supports
reunification with Armenia, while 67% – independence,’ noted
Adibekyan.

At the same time, Adibekyan presented the results of recent
sociological researches by an American company in Azerbaijan.
According to them, less than half of the Azerbaijani population
believes that NKR will be within the composition of Azerbaijan. `It is
an obvious case of defeatist moods among the Azerbaijani population,
what has become a cold shower on hot heads of Azerbaijani leaders,’
concluded Aharonyan.

*

Political analyst Sergey Shakaryants said that superpowers are tired
of Baku’s destructive stance in negotiations on the Karabakh conflict
settlement.

According to him, statements of the OSCE Minsk Group’s Co-Chair
countries contain clear messages for the Azerbaijani leadership.
`Ilham Aliyev was clearly warned that Azerbaijan should reject
military resolution of the Karabakh conflict,’ Shakaryants told a
press conference in Yerevan.

Thus, Baku will refrain from new provocations on the contact line in
the near future, he said. Referring to the current situation around
the Karabakh conflict, the political analyst said that Armenia and NKR
have passed through this stage of negotiations without losses.

Commenting on the Hague court’s ruling, Shakaryants noted that it
recognizes the declaration of independence, but not Kosovo’s
independence as a state itself. He added that Kosovo cannot serve as a
precedent for the Karabakh problem, as these conflicts are not
similar.

*

July 30, RA National Assembly speaker Hovik Abrahamyan addressed a
letter to NATO Parliamentary Assembly President John Tanner, in
reference to possible discussion of Nagorno-Karabakh issue at the NATO
Parliamentary Assembly.

`I am surprised that such a step may have been taken without proper
consultations with the members of the Armenian Delegation to the NATO
Parliamentary Assembly.

As is known, currently the Nagorno-Karabakh peace process runs under
the auspices of the OSCE Minsk Group Co-Chairmen – USA, France and
Russia. It is our strong conviction that given the confidentiality,
specificity and delicacy of the negotiations, the initiatives held in
formats other than the Minsk Group Co-Chairmanship, even with a good
intent, preclude a great danger of jeopardizing the negotiation
process and undermining the mediation efforts. Therefore, any
initiative on the Nagorno-Karabakh conflict resolution requires prior
consultations with the Co-Chair States of the Minsk Group, having in
view that the USA and France are both NATO members.

The attempts of Azerbaijan to raise the Nagorno-Karabakh issue within
different international formats are aimed at advertising Azerbaijan’s
own perception of the conflict resolution with disregard of the
entirety of principles proclaimed by the Co-Chairs as the basis for
the conflict resolution. It is worth mentioning that the Co-Chair
countries voted against the resolution proposed by Azerbaijan at the
UN General Assembly session in March 2008, by stating that the
`resolution selectively propagates only certain of the principles [of
the conflict resolution] to the exclusion of others’.

Just a few days ago, exactly on July 17, Minister of Foreign Affairs
of the Russian Federation Sergei Lavrov, Minister of Foreign Affairs
of France Bernard Kouchner, and Deputy Secretary of State of the
United States of America James Steinberg issued a statement where they
reconfirmed the principles and elements of the conflict resolution
stated by the Presidents of the OSCE Minsk Group’s Co-Chair countries
at the G8 Summit convened on June 26, 2010 in Muskoka. They once more
stressed the point that the mentioned principles and elements have
been conceived as an integrated whole and that any attempt to give
preferences over other principles would make it impossible to achieve
a balanced solution.

With due respect to such an authoritative organization, as the NATO
Parliamentary Assembly, we consider it our duty to remind that not in
the distant past we had already experienced that the NATO PA report on
Nagorno-Karabakh had provoked selective references, unsubstantiated
interpretations, and wrong speculations. I believe that the report in
no way has contributed to the creation of a favorable environment for
the settlement process. I do not see any reason why this new
initiative may yield a different result. It was due to the clear
understanding of the sensitivity of the issue that the Secretary
General Rasmussen and other NATO high ranking officials voiced their
strong support for the efforts of the OSCE Minsk Group on different
occasions and stressed that NATO did not have direct involvement in
the issue nor did it play a role of its own in the mediation process.’

`Based on these concerns, I would like to strongly advise and suggest
that the NATO Parliamentary Assembly refrain from addressing the issue
on the Nagorno-Karabakh conflict,’ the letter concluded.

*

After NATO PA session in Riga, Azeri delegation announced that a
possibility to draft a report on Karabakh issue was discussed with
NATO Parliamentary Assembly President John Tanner. The head of
Armenian parliamentary delegation in NATO PA Karen Avagyan denied the
information at the time, Heritage party leader, member of RA
parliamentary delegation in NATO PA Stepan Safaryan stated on July 30.

As he pointed out in a conversation with PanARMENIAN.Net reporter,
`Discussion of Karabakh conflict in any other structure but OSCE MG is
unacceptable. In the present case, NATO PA has to realize, the Azeri
initiative aims at raising the issue in international structures
rather than promote its settlement.’

`Should NATO PA accept the suggestion, thus supporting destructive
position of Azerbaijan, Armenia might need to give a serious thought
as to unhealthy atmosphere within the Organisation,’ Safaryan stated.

*

On July 28, ANC political council hosted a sitting led by Congress
leader Levon Ter-Petrossian.

RA internal and foreign policy, as well as ANC’s further actions were
discussed at the council sitting.

ANC council also approved pension reform program project to be
submitted for social discussion, ANC press service reported.

The next ANC meeting was scheduled for September 17.

Arshaluys Mghdesyan / PanARMENIAN News

From: A. Papazian

Georgia is the main target of Azerbaijani-Turkish expansion

Georgia is the main target of Azerbaijani-Turkish expansion
By Hrant MELIK-SHAHNAZARYAN,
07/31/2010

Turkish-Azerbaijani business forum took place in Baku on 29 July
2010. Minister of Economic Development of Azerbaijan Shahin Mustafayev
and State Minister for Foreign Trade of Turkey Zafer Chaglayan were
present at the forum. From the first sights this event attracts
attention as the ministers of Azerbaijan and Turkey pointed out the
priority directions of foreign trade policies of these states. `We
believe that businessmen from Azerbaijan and
Turkey can undertake joint investments in third countries. This is a
new direction for cooperation between entrepreneurs of both countries,
and we are sure this can be effective `, – said S. Mustafayev during
the above mentioned business forum. In his turn, State Minister of
Foreign Trade
of Turkey Z. Chaglayan noted that Azerbaijani and Turkish businessmen
could be implemented, for a start, joint investments in the economies
of neighboring countries. As for example Z. Chaglayan noted Georgia
and Kazakhstan.
Note that the Azerbaijani-Turkish capital is already long time present
in the Georgian market. Financial flows from Azerbaijan will focus
mainly on energy and transportation and communication sectors of the
economy of Georgia. In addition to this, during the recent years,
official Baku has sought a foothold in the banking and construction
segment Georgian economy. Now
Baku authorities decided to increase their economic impact on
neighboring Georgia, judging by the statements of Minister
Mustafayev. By this step they will also attract Turkish capital.
On July 18, Azerbaijani President Ilham Aliyev paid a one-day visit
Adjarian town of Batumi in Georgia. Aliev’s visit was rather
unexpected for the media and the public of both countries. During a
joint press conference with Mikheil Sahakashvili Aliyev mentioned that
he welcomes Azerbaijan’s investments in Georgian economy, and
expressed the hope that soon they will grow up. In his turn,
Saakashvili said that their countries should establish a confederal
relationship, since the relations between Georgia and
Azerbaijan go beyond mere partnerships and alliances. Sahakashvili
said in
particular: `Our countries are continuation of each other, an edge of
each other and a part of one organism. It is unable to provide a
better relationship than they are between Georgia and Azerbaijan’. But
is it really
so?
The reality is that there are many problems between Georgia and
Azerbaijan. There are many reasons for not balanced and not friendly
relations between two countries. Such problems are for example a
delimitation of boundaries
between the two republics, azeri minority in Georgia, the return of
Meskhetians in their places of origin, and selfish, aggressive
policies of Mikhail Saakashvili, which put at risk the Azeri energy
and transportation projects etc. .
In addition to all these problems between two `friendly’ countries
Armenian question is always actual. It is not a secret that the whole
foreign policy of Azerbaijan is aimed to isolate Armenia from regional
economic projects. However, Georgia is one of the two existing
corridors linking Armenia and Nagorno Karabakh with the outside
world. Therefore, for more effective implementation of the main
foreign policy objectives, Azerbaijan seeks as much as possible to
subject Georgia to his will. And the above-mentioned priorities of
investment policy of Azerbaijan and Turkey in the neighboring
countries serve this purpose.
It would be naive to assume that the Azeri-Turkish alliance hopes for
substantial financial return from investment in Georgia’s economy,
because the only profitable sector of Georgia, which is transport and
communication sector is already monopolized. The conquest of other
segments of the Georgian economy is nothing but a continuation of the
expansionist policy of Turkey and Azerbaijan against Georgia. Policy,
which sees Azerbaijan and Georgia as a single organism, involves the
creation of a confederation. But not Azerbaijani-Georgian, as it’s
seen by Mr. Sahakashvili, but Azeri-Turkish, as it had long been
planned by pan-Turkic ideologues.

From: A. Papazian

www.Times.am

Armenian Americans sue Turkish government, banks over Genocide losse

Armenian Americans sue Turkish government, banks over Genocide losses
by Emil Sanamyan

Published: Saturday July 31, 2010

At a May 11, 2006, press conference, attorney Mark Geragos, California
State Treasurer Phil Angelides, and attorneys Brian Kabateck and
Vartkes Yeghiayan announce a class action lawsuit on behalf of
descendants of Armenian Genocide victims, against Deutsche Bank and
Dresdner Bank for assets belonging to descendants of Armenian Genocide
victims. Damian Dovarganes / AP

Armenian Genocide discussed in international legal context

In Armenian insurance case, lawyers to ask for rehearing

Washington – Lawyers who have helped secure multi-million dollar
settlements over Genocide-era insurance policies have launched an
unprecedented lawsuit against Turkish government and banks, Associated
Press reported.

In paperwork filed July 29, Los Angeles lawyers Mark Geragos and Brian
Kabateck are seeking class-action status for the suit that would
compensate descendants of victims of the Armenian Genocide for
financial and property losses they suffered.

Original plaintiffs include Garbis Davoyan of Glendale, Calif. and
Hrayr Turabian of Queens, N.Y., and others are expected to join the
suit that charges breach of statutory trust, unjust enrichment, human
rights violations and violations of international law as the Turkish
government expelled its Armenian citizens and ceased their properties.

Defendants

Turkey’s government along with its Central Bank and Ziraat
(Agriculture) Bank, Turkey’s biggest bank, are named as defendants.

Ziraat Bank was established in 1863 and operated continuously since.
It currently has assets of more than $81 billion and branches in
Moscow and throughout Central Asia.

Established in 1931, Turkey’s Central Bank took over central banking
operations from the Ottoman Bank which itself was established in 1856.

Since 1930s, the Ottoman Bank operated as a private bank until it was
incorporated into Garanti Bank, currently Turkey’s second largest bank
with $78 billion in assets.

A long process

The suit designation may take up to three years, Mr. Kabateck told AP.
“We are rolling up our sleeves and are going forward,” he said.

Turkish officials have not yet reacted to the lawsuit.

In 2000, California state law allowed heirs to Genocide victims to
seek payment on uncollected life insurance policies of dead relatives,
opening the way to lawsuits.

In 2004 and 2005, New York Life Insurance Co. and French insurer AXA
settled for a total of $37.5 million paid to Armenian community
organizations.

But in 2009, as it weighed another insurance case against several
German insurers, the 9th U.S. Circuit Court of Appeals invalidated the
state law on the grounds that it interfered with U.S. foreign policy.

An appeal by Armenian American lawyers is currently pending in that case.

From: A. Papazian

http://www.reporter.am/index.cfm?objectid=0DFB51D1-9CA7-11DF-9AD00003FF3452C2