Syria Kurds To Start Forming Their Army

SYRIA KURDS TO START FORMING THEIR ARMY

tert.am
11.12.12

Syrian Kurds, who established control over some areas in the north of
Syria in the middle of this year, have begun creating an independent
army, the Russian media report, citing a statement by the head of
the Kurdistan National Assembly of Syria Sherkoh Abbas.

“The main goal of our army is to protect the territory of Syrian
Kurdistan from any armed intervention, whether Assad’s forces or
Islamist militant groups,” said Abbas.

The US and Western European countries have agreed to provide military
and financial assistance in the establishment of an independent Kurdish
army, which, in their opinion, could prevent spread of radical Islam
in Syria.

From: Baghdasarian

Condoleances Du President Armenien Apres La Disparition De Zabel Mel

CONDOLEANCES DU PRESIDENT ARMENIEN APRES LA DISPARITION DE ZABEL MELKONIAN LA MERE DU HEROS MONTE MELKONIAN
Krikor Amirzayan

armenews.com
mardi 11 decembre 2012

Le president armenien Serge Sarkissian a envoye une lettre de
condoleances a la famille de Monte Melkonian pour la disparition de
Zabel Melkonian la mère du heros qui vient de disparaitre a Vayselia
(Californie) a l’âge de 92 ans. Monte Melkonian, heros de la guerre de
liberation du Haut Karabagh trouva la mort le 12 juin 1993. Appele ”
commandant Avo ” il a recu de nombreuses distinction dont la medaille ”
Aigle d’Or ” au titre de ” heros national ” decernee par la Republique
du Haut Karabagh.

mardi 11 decembre 2012, Krikor Amirzayan ©armenews.com

From: Baghdasarian

PFA Issues a Special Report on Armenia’s 2012 Parliamentary Election

PFA Special Report: Armenia’s 2012 Parliamentary Election
————————————————————
ARMENIA PUTS A NEW FACE ON ELECTION FRAUD
————————————————————

PRESS RELEASE
December 12, 2012

Contact: [email protected]

Washington/Los Angeles/Yerevan-Earlier this year, under mounting
pressure by the international community and civil society, the
government of the Republic of Armenia took measures to reduce fraud
and manipulation going into the 2012 parliamentary election. Yet,
according to a special report released today by Policy Forum Armenia
(PFA)-a U.S.-based international think tank and advocacy
organization-true election reform in Armenia has, once again, been
hijacked, only this time by even more inventive and well-concealed
methods of falsification.

The report, `The Armenian Parliamentary Election of 2012,’ provides an
in-depth analysis of the political-economic and legislative
developments leading up to the 2012 election. It also summarizes the
reactions of key stakeholders-the opposition parties, foreign
observers, and local civil society groups-to the election outcome.

What particularly sets the report apart from other analyses, however,
is the range of statistical tests, conducted by professional analysts,
which support stakeholder reactions. These tests not only yielded
ample evidence of persistent and strategic election fraud but also
pinpointed the beneficiary of such corrupt practices, namely the
ruling party.

In reviewing the findings, Adam Hug, the Policy Director at
London-based Foreign Policy Centre, called the report a `revelation as
to how the election authorities successfully managed to adapt to the
changes in laws of their own making as well as outside
pressures. These new forms of falsification-most notably multiple
voting, among them-compensate for the blatant practices abandoned for
appearance sake. It’s a growing phenomenon in the region as well as in
other struggling democracies compromised by authoritarian-prone
leaders.’

PFA Senior Fellow, Armine Ishkanian of the London School of Economics,
went on to say that `The growing sophistication of fraud techniques
and mechanisms, which are artfully concealed, make it difficult for
outside observers to cite and document specific instances. It is
electoral fraud 2.0. The authors of this report have had to bring to
bear all the tools of research and analysis available to shed light on
these techniques and provide stakeholders with statistical back-up
that election fraud is alive and well in Armenia. The question is,
what are the prospects for the forthcoming presidential elections
early next year?`

PFA Executive Board member and a Los Angeles-based attorney, Edgar
Martirosyan, pointed out that achieving free and fair elections is not
an end in itself. `Better elections are likely to result in better
governance and stronger social cohesion,` he asserted. `And it is an
internationally-accepted conclusion that good governance is the
primary driver of economic development and progress in developing
countries like Armenia.’

Policy Forum Armenia is an independent professional non-profit
association aimed at strengthening discourse on Armenia’s economic
development and national security and, through that, helping to shape
public policy in Armenia. This special Election Report and other PFA
reports, which provide assessments of critical developments taking
place in Armenia and the Diaspora, are available at

# # #

See the Report in Armenian
See the Report in English

From: Baghdasarian

www.pf-armenia.org/reports.

Ã-zgüden: Int’l Pressure Needed To Stop Jailing Of Journalists In Tu

Ã-zgüden: International Pressure Needed To Stop Jailing Of
Journalists In Turkey

Inteview by RFE/RL on December 12, 2012:

The Committee to Protect Journalists (CPJ) says a record 232
journalists are currently imprisoned around the world, with Turkey
being the worst offender. In a report released December 11, the
U.S.-based media watchdog says 49 journalists are behind bars in
Turkey — a NATO member and EU candidate country – compared with 45 in
Iran and 32 in China.

The CPJ says most of the imprisoned Turkish journalists are Kurdish
reporters and editors held on terror-related charges and in connection
with alleged antigovernment plots. Turkey was already subjected to
harsh criticism in an EU progress report in October, which listed
freedom of expression, as well as the right to a fair trial, as areas
of particular concern.

RFE/RL correspondent Eugen Tomiuc talked to exiled Turkish journalist
Dogan Ozguden, the head of the Brussels-based Journalists’ Association
of Turkey, about the report’s findings.

RFE/RL: Mr. Ozguden, there is still an arrest warrant in your name in
Turkey, the country which you left decades ago to escape jail. You
risk being thrown in jail for insulting the Turkish military by
calling for the democratization of the country after years of military
dictatorship. How would you rate press freedom in Turkey?

Ozguden: I am a 76-year-old journalist, and from the beginning of my
career I have not seen anything else than [journalist]
prosecutions. Turkey is now an EU candidate, and it has promised to
fulfill all the obligations in the democracy and liberty fields. In
the beginning, [Prime Minister Recep Tayyip Erdogan’s] Islamist
government said it will respect all the criteria. But unfortunately
for the past three or four years, the pressure on the opposition —
and particularly on the press — increased.

RFE/RL: The Committee to Protect Journalists said in its report that
broadly worded antiterrorism and penal code articles allow Turkish
authorities “to conflate the coverage of banned groups and the
investigation of sensitive topics with outright terrorism or other
antistate activity.” How accurate is this statement?

Ozguden: [The Islamist government is] using the pretext of supporting
terrorist movements to arrest all the journalists who are not
considered “reasonable” by Erdogan’s government.

RFE/RL: Prime Minister Erdogan’s government has pushed forward with
the prosecution and conviction of hundreds of army officers accused of
plotting a coup. Prosecutors have said that what they called Operation
Sledgehammer was a conspiracy by the army to trigger a coup against
Erdogan’s elected government, an accusation sharply rejected by the
army, which has long seen itself as the guarantor of the country’s
secular constitution. The country is also in the grips of a
decades-long Kurdish insurgency. Could these be reasonable arguments
for a harsher attitude toward those suspected of supporting the
alleged conspirators or Kurdish terrorists?

Ozguden: Under the pretext of combating the military putchists,
they’ve arrested many people who have nothing to do with the military
conspirators’ movement. Most important, in terms of Kurdish
journalists — they are in different prisons in Turkey under the
accusation of supporting the PKK. Any declaration, any criticism, or
any call for Kurdish rights is considered support for the terrorist
movement.

Many journalists, even not Kurdish journalists who are defending the
fundamental rights of the Kurds or other minorities — Assyrians,
Armenians, and Greeks — are considered terrorists or defenders of
terrorism.

RFE/RL: What are the most prominent cases of journalists currently
imprisoned for exercising their profession?

Ozguden: The most spectacular one is about 16 journalists — among
them, Mustafa Balbay, from the daily “Cumhuriyet,” [and] television
journalists Tuncay Ozkan and Soner Yalcin, who have been in prison for
more than two years [for allegedly supporting the army plotters] and
[whose] trial is continuing.

After that, there are many Kurdish journalists — particularly from
the “Azadiya Welat” Kurdish newspaper or Dicle News Agency. They are
subjected to prosecution continuously.

RFE/RL: Do you think that the international community is doing enough
to bring about a change in the way the government deals with freedom
of expression?

Ozguden: I am very thankful to the international professional
organizations like the Committee to Protect Journalists, or the
International Press Institute, or the International Federation of
Journalists, or Reporters Sans Frontieres. They are always very
attentive at defending the imprisoned Turkish or Kurdish
journalists. They have accepted that these people are accused and
prosecuted and condemned because of ideas, not for their political
activities or terrorist activities. All these organizations are
unanimously defending all journalists in Turkish prisons.

RFE/RL: Turkey is an important player in the Middle East and its
contribution to regional stability is substantial, especially during
this period of growing instability in places like Syria or Egypt. Is
the balancing act by NATO and the EU in their relations with Turkey
successful enough?

Ozguden: As for the international institutions like NATO, the European
Union, the Council of Europe, even the United Nations, unfortunately
they are not so attentive toward these burning questions [on human
rights and freedom of expression]. For example, the relations with the
Turkish regime are maintained without taking into consideration all
these violations of press freedom. These institutions and
organizations should change their attitude and put more pressure on
the Turkish government.

RFE/RL: But the EU on October 10 issued a very critical progress
report on candidate Turkey…

Ozguden: Yes, critical, I agree. But there is no practical
pressure. They say that these, these, and these [rights] are not
respected. OK, but what is the result? The result should be sanctions
against the Turkish government. But such sanctions are not being
applied. Why? Because of geopolitical and strategic issues, the
problems with the Middle East countries, and for all these reasons,
despite their criticism, they are not applying sufficient pressure on
the Turkish regime.

RFE/RL: You yourself have been subjected in absentia to an arrest
warrant under the notorious Article 301, whose abolition has been
demanded by many rights watchdogs. Can you describe Article 301?

Ozguden: For example, insulting the president of the republic or the
prime minister or the Turkish Army. If you criticize one of these
institutions, there is always the Article 301 of the Turkish penal
code. And naturally, there are many private trials opened [under
Article 301] by Prime Minister Erdogan against many journalists
demanding very high fines for insulting [him].

INFO-TURK53, rue de Pavie1000 BRUXELLES
Tel: (32-2) 215 35 76Fax: (32-2) 215 58 60

From: Baghdasarian

http://www.info-turk.be/412.htm#International_
http://www.rferl.org/content/journalists-imprisoned-turkey-cpj-interview-ozguden/24796225.html
http://www.info-turk.be

Baku: Secretary General: Nagorno-Karabakh Problem Always In Oic Spot

SECRETARY GENERAL: NAGORNO-KARABAKH PROBLEM ALWAYS IN OIC SPOTLIGHT (PHOTO)

Trend
Dec 11 2012

The Nagorno-Karabakh problem is always in the spotlight of the
Organisation of Islamic Cooperation (OIC), the organisation’s secretary
general Ekmeleddin Ihsanoglu told Trend on Tuesday.

“The Nagorno-Karabakh conflict is always uppermost with the OIC and
the organisation always supports Azerbaijan’s just position on this
issue,” Ihsanoglu said.

Ihsanoglu underlined that he has a particular view towards this
problem someone who is thoroughly familiar with it.

“In the 1990s I experienced this problem together with the Azerbaijani
brothers,” Ihsanoglu said.

The OIC carries out serious work to intensify acquainting the Muslim
communities with the Nagorno-Karabakh conflict, Ihsanoglu said.

He believes that his last speech on Nagorno-Karabakh at the OSCE was
not supported by a number of bodies.

“The support we give to Azerbaijan on the Nagorno-Karabakh issue is
not directed against any country. This is a matter of international law
and the OIC will always provide the necessary support,” he stressed.

One of the basic principles in creating the organisation is Islamic
solidarity, Ihsanoglu said.

The OIC was founded on Sept.25, 1969 at a conference of the heads
of various Muslim countries in Rabat to ensure Islamic solidarity
in the social, economic and political spheres, the struggle against
colonialism, neo-colonialism and racism and to support the Palestine
Liberation Organisation.

Bosnia and Herzegovina, Central African Republic, Russian Federation,
as well as the Moro National Liberation Front in the Philippines and
several organisations such as the UN and NAM have observer status in
the organisation. The headquarters is located in Jeddah (Saudi Arabia).

The conflict between the two South Caucasus countries began in 1988
when Armenia made territorial claims against Azerbaijan. Armenian
armed forces have occupied 20 per cent of Azerbaijan since 1992,
including the Nagorno-Karabakh region and seven surrounding districts.

Azerbaijan and Armenia signed a ceasefire agreement in 1994. The
co-chairs of the OSCE Minsk Group – Russia, France, and the U.S. –
are currently holding the peace negotiations.

Armenia has not yet implemented the U.N. Security Council’s four
resolutions on the liberation of the Nagorno-Karabakh and the
surrounding regions.

From: Baghdasarian

Armenia And Azerbaijan Can Find Solution To Nagorno-Karabakh Problem

ARMENIA AND AZERBAIJAN CAN FIND SOLUTION TO NAGORNO-KARABAKH PROBLEM, LUKASHENKO SAYS

News of Belarus
Dec 11 2012

MINSK, 11 December (BelTA) – President of Belarus Alexander Lukashenko
believes that Armenia and Azerbaijan can find a solution to the
Nagorno-Karabakh problem, President of the Republic of Belarus
Alexander Lukashenko said at the meeting with members of the Club of
Editors-in-Chief of the CIS, Baltic States and Georgia on 11 December,
BelTA has learnt.

“Who benefits from this conflict? Maybe it is beneficial in terms of
the policy “divide and rule”. Therefore, the two Presidents should
sit down and resolve this issue. There is a solution to the problem,”
said Alexander Lukashenko.

“There is a need to summon the political will so that people could
live normal lives there,” said the Belarusian leader.

“The burned-out zone is not needed for either Armenia or Azerbaijan.

The solution should be found,” believes the Belarusian President.

From: Baghdasarian

http://news.belta.by/en/news/president?id=701422

Dzarougian: ‘Ethereal Aleppo’

DZAROUGIAN: ‘ETHEREAL ALEPPO’

Posted by Jennifer Manoukian on December 11, 2012 in Books & Art, Opinion

Translated by Jennifer Manoukian

The following passages are taken from Antranig Dzarougian’s 1980
memoir, Ethereal Aleppo (ÔµO~@Õ¡Õ¦Õ¡ÕµÕ”Õ¶ Õ~@Õ¡Õ¬Õ§ÕºÕ¨). One
of the foremost writers and editors in the Armenian Diaspora,
Dzarougian lived and worked in the Armenian communities of Syria and
Lebanon. Born in 1913 in the Ottoman town of Gurin (modern Gurun),
Dzarougian was rescued during the massacres and brought to Aleppo,
where he was raised in an Armenian orphanage. He is best known for
a memoir about that period in his life, People without a Childhood
(Õ~DÕ¡Õ¶Õ¯Õ¸O~BÕ©Õ”O~BÕ¶ Õ¹Õ¸O~BÕ¶Õ¥O~AÕ¸Õ² Õ´Õ¡O~@Õ¤Õ”Õ¯), as well as
for his long poem, Letter to Yerevan (Ô¹Õ¸O~BÕ²Õ© Õ¡Õ¼ ÔµO~@Õ¥O~BÕ¡Õ¶),
and for the various pieces of prose and poetry published in Nayiri,
the Aleppo-based, and later Beirut-based, literary journal that he
founded and edited.

The way to the cinemas in Aleppo. (Photo by Nigol Bezjian)

When Dzarougian passed away in 1989, Aleppo still bore a resemblance to
the city that he had known as a young man, the city that he describes
with such pride in Ethereal Aleppo. Through the following selections,
we are transported to the mid-20th century when Aleppo was a thriving
center of Armenian life, a haven for Armenians as they slowly rebuilt
their community. In this memoir, Dzarougian shows us how, in many ways,
Armenians adopted the city of Aleppo as their own.

The Armenian community of Aleppo in the 1940’s and 1950’s was
culturally vibrant, and the city continued to serve as a stronghold
for diasporan Armenian identity into the 21st century, with its
various cultural organizations and schools that have instilled
in young Armenians a sense of responsibility in maintaining their
language and culture. Today many Aleppo-Armenians teach in Armenian
schools throughout the diaspora, imparting enthusiasm for Armenian
culture to their students wherever they go. It was in fact thanks to
the dedication of an Aleppo-born Armenian teacher that I developed
a love for the Armenian language and learned the skills needed to
translate texts like the following.

Aleppo has molded community leaders and educators who have enriched
Armenian communities across the diaspora for three generations,
but its future is now in great peril. The magnitude of this loss has
the potential to devastate not only the Armenians of Aleppo, but the
entire Armenian Diaspora. It is essential that diasporan communities
extend a hand to Aleppo and lend their support to protect one of the
last bastions of diasporan Armenian culture left today.

***

Nights in Aleppo.

During the summer, my mother would take our mattresses out of our
rooms, so that we could sleep out in the open air. On those deep dark
nights in the city of Aleppo, we saw the sky’s brightest stars and
the world’s fullest, most radiant moon. From the infinite silence of
the night emerged a wandering display of shooting stars, a confusion
of lights that left a trail of silvery feathers in its path.

Nights in Aleppo.

In Aleppo, there were still no buses to shake the ground and the old
walls; cars were a rare sight and served only to transport people
out of the city. It was the horse-drawn carriages that would circle
around the streets; we would hear the rhythmic stamping of hooves on
the black cobblestone, but this sharp tune would grow softer before
it reached our sprawling third floor roof, and as the night drew
on, it too would disappear. We had to listen very closely to hear
the distant sound of the night patrol whistling from one street to
another, or the dull clanking of caravans coming and going on the
outskirts of the city at daybreak. These sounds seeped into my dreams,
lulling me into the sweet slumber of the morning hours.

For me the sky became a diary, even an illustrated book of memories,
where the day’s events and people, and the things they did and said,
would parade past me once again. It was to such an extent that I had
to wait until nighttime–lying on my back with my head on a pillow
and my eyes fixed on the stars–for the events of the day to become
simpler and clearer in that calm, quiet environment, even though I
had seen or participated in those events during the day. My daily
routine replayed over again at night, like a film reel rotating for
the second time; people and events appeared sharper, and I saw details,
subtleties and hues that had eluded me during the first showing.

And when I reminisce about the past, about my dreams and days in
Aleppo, people and events come to me not in their proper places and
moments, but in the vast night’s sky on the roof of the Marsilia
Hotel. The boiling, crazy, foolish adolescent episodes of my youth
in the streets, homes and gardens of Aleppo calmed over the years,
but the sky saved copies of them, surrendering them night after night
to create a pristine album…

***

It is written that first loves do not come of anything and, even if
they do, rarely do they end well. Being that they are the first,
they stay pure and ethereal, like a lingering sunset in a haze of
sweet sorrow…

The star-studded sky of Aleppo–a close confidant–reminds me, one by
one, of my first loves, crises and inner feelings. I reminisce about
those days; in reality, about those nights. And as I write these
lines, my eyes instinctively look up in hopes of finding the sky,
but there is only a white ceiling above me…

>>From very early on, my distinct comprehension of life, which matured
over the years and took root in me, was born out of the sky and the
stars above the Marsilia Hotel.

On that rooftop, it was not dawn that announced the morning, but the
call heard from below: haleeb!

It was the milkman.

They never mixed water into the milk, and in my days, Aleppo as pure
as that milk.1

***

Easters in Aleppo…

There are thousands of Armenians who have left Syria and Lebanon for
all corners of the world; from Armenia to Canada, from Argentina to
Australia. And among them is a generation in their forties and older
for whom Easters in Aleppo have remained an indelible memory. For a
whole twenty years, the city of Aleppo was the heart of the Diaspora,
and during the three days of Easter that heart beat with national
pride. Two or three thousand Armenian boys and girls, coming from
all over the region to a sports field, transformed the city into
a garden full of flowers that perfumed the air with freshness and
Armenian identity. These days recalled the feasts of Navasart2 that
we had read about in books, and after the games and competitions,
the children paraded down the city’s main boulevard like a torrent,
accompanied by the roaring, rhythmic sounds of the brass instruments
in the marching band.

Easters in Aleppo would remain the greatest source of joy for every
Armenian who experienced them, wherever in the world they happen to
live now.

On that field, I have seen Hagop Oshagan,3 who was given a standing
ovation by twenty thousand Armenians. As he was being invited to the
microphone, he squeezed my arm with such emotion that it stayed blue
for days.

I have seen Shavarsh Missakian,4 who momentarily forgetting modern
Armenian, muttered, “Oh, take me to the days of Navasart,”5 in
classical Armenian, as if he were praying.

I have seen Dro,6 his eyes accustomed to seeing parades of soldiers,
put his large, bear-like hand on my shoulder and say, “I want to fly
among these children and hug them close.”

Easters in Aleppo…

Notes

1 In the original sentence, Dzarougian plays with the words haleeb,
the Arabic word for milk, and Haleb, the Arabic and Armenian word
for Aleppo.

2 Navasart was a pre-Christian festival and athletic competition that
marked the beginning of the new year each August.

3 Hagop Oshagan (1883-1948) was one of the most prominent literary
critics and one of the most prolific writers in the history of
Armenian literature.

4 Shavarsh Missakian (1884-1957) was an editor and journalist best
known for founding the French-Armenian newspaper Haratch in 1925.

5 This is a verse from a poem from the pre-Christian era entitled,
“The Dying Words of King Ardashes.”

6 Dro (1884-1956) was the nickname of Drastamat Kanayan, an Armenian
general, revolutionary, and politician.

From: Baghdasarian

http://www.armenianweekly.com/2012/12/11/dzarougian-ethereal-aleppo/

Around 70 People Apply To Us Embassy Every Day

AROUND 70 PEOPLE APPLY TO US EMBASSY EVERY DAY

Tuesday,
December 11

Around 70 people apply to US embassy for getting “Green Cards” or
migration every day. The maount of the applications is much more
this year but it’s not more than it was 10 years ago, the US consul
to Armenia George Leen said.

To the question whether any of the Armenian authorities have applied to
the US embassy for the reduction of the amount of migration George
Leen replied that he does not know anything about providing any
documentation to any of the Armenian authorities.

US consul George Leen stressed that it’s not the first year that the
Green Card is being provided and many people apply, however very few
people get the permission.

TODAY, 19:04

Aysor.am

From: Baghdasarian

Arf: President Sargsyan Rejects Key Provisions Of 7-Point Election P

ARF: PRESIDENT SARGSYAN REJECTS KEY PROVISIONS OF 7-POINT ELECTION PLAN

VOTE 2013 | 11.12.12 | 10:56

Photolure

Hrant Markarian

President Serzh Sargsyan has rejected two key elements of the Armenian
Revolutionary Federation~Rs (ARF, Dashnaktsutyun) seven-point elections
platform following a lengthy meeting with the party~Rs Bureau chairman
Hrant Markarian and Supreme Council of Armenia representative Armen
Rustamian at the weekend.

Markarian said on Monday that Sargsyan, in particular, rejected the
ARF~Rs proposal for Armenia to adopt a parliamentary form of government
and the party~Rs insistence that Armenia withdraw its signature from
the Turkey-Armenia protocols.

Markarian explained that the president is firm in his belief that the
Armenian government is on the right path vis-à-vis the protocols and
has added that the system of governance was not the problem.

~SWas the meeting with the president useless? If we look at it only in
a purely functional way, then probably yes. But it also made sense
because our arguments and views might influence his thinking,~T said
Markarian, as quoted by Asbarez.com.

~SIf that happens, we will be grateful. If not, we will have no regrets
that we did not try,~T he added.

From: Baghdasarian

http://www.armenianow.com/vote_2013/41842/armenia_dashnaktsutyun_hrant_markarian_president_sargsyan

Corrupt Government Officials Major Obstacle To Bringing Foreign Inve

CORRUPT GOVERNMENT OFFICIALS MAJOR OBSTACLE TO BRINGING FOREIGN INVESTMENTS TO ARMENIA: IMF

YEREVAN, December 11. / ARKA /. Corrupt government officials are
one of the main obstacles to bringing foreign investments to Armenia
and running businesses here, IMF Resident Representative in Armenia,
Guillermo Tolosa, told a news conference today.

He said it is still difficult for foreign businessmen and investors
to work with the government, to negotiate deals; it is difficult to
accurately predict how much money will be needed to cover various
expenditures and how much to pay to government officials.

Mr. Tolosa said in view of complicated geopolitical situation in the
region, preventing the entry of foreign investors the Armenian market,
the government should attach great importance to ensuring progress
in improving the business environment.

On significant drop in foreign investment in the outgoing year Mr.

Tolosa said it was due to regional and global trends, as Armenia’s
major investors are experiencing difficult times.

The total amount of foreign investment in the real sector of Armenian
economy in January-September 2012 decreased by 35.2% year-on-year to
$391 million. Foreign direct investment in the real economy sector
amounted to about $221.3 million, down from $479.4 million in the
first nine months of 2011. -0-

From: Baghdasarian