Warsaw Stock Exchange to acquire 65.03% shares of Armenian Stock Exchange

Public Radio of Armenia

The Board of the Central Bank of Armenia today gave its consent to the acquisition of the Armenian Stock Exchange by the Warsaw Stock Exchange.

According to the agreement, the Warsaw Stock Exchange (GPW) will acquire 65.03% of shares of the Armenian Stock Exchange (AMX) (967 shares in total). The Central Bank of Armenia will maintain 25.02% of shares, and the remaining 9.95% are the AMX’s own shares. The value of the transaction will be about AMD 873 million, a part of which (about AMD 499 million) will be paid after signing the Share Purchase Agreement, and the rest, after completion of processes established by the Share Purchase Agreement.

The GPW announced its plans to acquire the AMX in September 2020, after which necessary studies were carried out, a development plan for the next five years was developed, and necessary corporate approvals were obtained.

The Board of the Central Bank stresses the importance of the entry of the WFB as an institutional investor into the Armenian financial market, which will give an impetus to the development of Armenian capital market, and will foster integration of Armenian and Polish capital markets, opening new opportunities for both the Armenian companies and the investors.

The GPW is the largest and the developed market in Central and Eastern Europe. The GPW organizes trading in stocks, bonds, derivatives, fund shares and other instruments. The GPW is a public company, the shares of which have been listed since 2010 with a capitalization of about 320 million euros.

 Development program prepared by the GPW provides for a number of measures aimed at the improvement of capital market infrastructure, including development of the trading system, expansion of the stock exchange and the Central Depository services, as well as introduction of state-of-the-art technological solutions.

The AMX is the only operator in the regulated securities market in Armenia, which organizes trading of both securities and other financial instruments. The AMX is the 100% shareholder of the Central Depository of Armenia. 90.05% of the AMX shares belong to the Central Bank of Armenia, and the remaining 9.95% are the AMX’s own shares.

Armenian police searching homes of opposition members

Panorama
Armenia –

Law enforcement officers in Armenia have raided the homes of many opposition members since early Tuesday morning.

In particular, the police have conducted searches in the houses of the Armenian Revolutionary Federation (ARF) party members in Tavush, Kotayk and Gegharkunik Provinces, ARF Armenia chair Ishkhan Saghatelyan, a senior MP from the opposition Hayastan bloc, said.

He accused PM Nikol Pashinyan of ordering the searches.

“You won’t get away with it. All those who gave the orders and those who carried it out will be held to account. Long live Armenian ‘democracy’!” Saghatelyan wrote on Facebook.

The homes of opposition Homeland Party member Arsen Nikoghosyan and the Republican Party of Armenia (RPA) members in Noyemberyan and Gyumri have also been searched.

The Armenian opposition has been holding protests for several weeks now to force Nikol Pashinyan from office and thus prevent unacceptable concessions to Azerbaijan.

https://www.panorama.am/en/news/2022/05/24/search-opposition-members/2685972

PM Pashinyan sends condolence message on the occasion of Yuri Javadyan’s death

PM Pashinyan sends condolence message on the occasion of Yuri Javadyan’s death

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 18:40,

YEREVAN, MAY 20, ARMENPRESS. Prime Minister Nikol Pashinyan sent a condolence letter on the occasion of Yuri Javadyan’s death. As ARMENPRESS was informed from the Office of the Prime Minister, the message runs as follows,

“It was with deep grief that I learnt about the death of deputy of the Supreme Council of 3 convocations, Minister of Agriculture in 1991-1992, a long-term member of the public administration system Yuri Javadyan.

His contribution to the development of the agricultural sector and the management of water resources in our country is invaluable. He has shared his experience and knowledge with young professionals for many years, thus contributing to the recruitment of the necessary personnel in the above-mentioned areas. Lake Sevan was also in the center of his attention, making a significant contribution to solving its problems.

I offer my deep condolences to Yuri Javadyan’s family, relatives and colleagues, I share their grief”.

Expert: The third meeting in the Pashinyan-Mishel-Aliyev format speaks about the resuscitation of the OSCE Minsk Group

ARMINFO
Armenia –
David Stepanyan

ArmInfo. The third Pashinyan-Michel-Ali meeting,scheduled for May 22, speaks of the final revival of the OSCE Minsk Group, which fell into an artificial coma after a 44-day war. Associate Expert of the Armenian Institute of International Relations  and Security David Stepanyan expressed a similar opinion to ArmInfo.

On May 22, Armenian Prime Minister Nikol Pashinyan will leave for  Brussels on a working visit, where he will meet with Ilham Aliyev and  President of the European Council Charles Michel. Separate  negotiations will also be held in Brussels in the Pashinyan-Michel  format. This is the third meeting in this format. At the last meeting  in Brussels, an agreement on the establishment of a commission for  the delimitation and demarcation of borders was reached.

“We also have to admit that the settlement process, the settlement  process may finally move from Moscow to Brussels. We see that if the  first meeting in this format was preceded by calls from Michel and  French President Macron to Russian President Putin, then the second  was preceded by calls from US Secretary of State Blinken to Pashinyan  and Aliyev. Thus we can state that there is no coordination between  the actions of Moscow and the actions of Brussels, behind which  Washington undoubtedly stands,” he stressed. 

Causing such a situation with new geopolitical realities created  after the Russian invasion of Ukraine on February 24, Stepanyan  believes that, at least at this stage, the plans of the collective  West to remove the Russian Federation from the negotiation process to  resolve the Armenian-Azerbaijani problems are being successfully  implemented. And the fact of the resuscitation of the settlement  process within the framework of the OSCE Minsk Group co-chairmanship,  but without the direct participation of the third co-chair in the  person of Russia, clearly confirms this.

“As for the Brussels-3 agenda, I don’t think we should expect quick  decisions on the issues of delimiting the borders between Armenia and  Azerbaijan. Not to mention such a fundamental problem as determining  the status of Artsakh. In all likelihood, the parties will take  another small step in Brussels to launch the work of the already  established border clarification commission. And this work will last  for years. Besides, Brussels-3 will be disguised as a humanitarian  shell, ant it is possible that another batch of Armenian captives,  hostages, will be returned to their homeland in the form of another  promise by Aliyev,” the analyst concluded. 

Opposition protests resume in Yerevan

Panorama
Armenia –

The Armenian opposition resumed peaceful protests in Yerevan early on Wednesday morning.

Groups of protesters again blocked a number of streets in the city, including the road leading to the Nor Nork district, to force PM Nikol Pashinyan from office.

The opposition began a large-scale civil disobedience campaign on May 2, blocking key streets and street intersections in the Armenian capital to disrupt traffic and step up pressure on Pashinyan’s government.

Air temperature to rise in Armenia by 4-6 degrees

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 14:17,

YEREVAN, MAY 14, ARMENPRESS. No precipitation is expected in Armenia in the daytime of May 14, in the night of May 15, 17-19, the ministry of emergency situations said.

Rain is possible in some regions in the daytime of May 15, 17-19.

Air temperature will gradually rise by 4-6 degrees on May 14-15.

Asbarez: Yerevan Insists on Security Guarantees for Artsakh Residents

The foreign ministers of CIS member states meet in Dushanbe, Tajikistan on May 13


Armenia’s Foreign Minister Ararat Mirzoyan told his CIS counterparts that Yerevan seeks to guarantee the security, rights and freedoms of the Armenians of Artsakh, as well as ensure the status of Karabakh under a comprehensive settlement of that conflict.

However, Azerbaijan’s Foreign Minister Jeyhun Bayramov toed Baku’s position, that the Karabakh conflict was settled when Azerbaijani forces, aided by Turkey, unleashed their aggression on Artsakh and “liberated” it through the use of force.

This scenario played out at the CIS Foreign Ministers summit, which is begin held in the Dushanbe, the capital Tajikistan. This is where Mirzoyan and Bayramov met Thursday to discuss the parameters for so-called peace talks between Armenia and Azerbaijan. They also agreed that the first meeting of a commission tasked with advancing border delimitation between the two countries will be meeting next week in Moscow.

In his remarks on Friday, Mirzoyan told his fellow foreign, that his meeting with Bayramov and Russian Foreign Minister Sergei Lavrov the day before would be a step toward establishing peace in the region.

He reaffirmed Armenia’s commitment to the implementation of the agreements reached by the statements of November 9, 2020, January 11 and November 26, 2021.

Mirzoyan also reiterated Yerevan’s hope that the much-discussed peace talks would advance under the mandate of the OSCE Minsk Group co-chairs.

The group, which has been mediated the Karabakh peace process for more than two decades, seems to have dismantled as a result of the standoff between the West and Russia over the military campaign in Ukraine. The Minsk Group co-chairs seem to be engaged in the current Karabakh process as special envoys to the South Caucasus.

Iran, Armenia ink MoU to broaden coop. in various fields

Mehr News Agency. Iran

TEHRAN, May 13 (MNA) – Iran and Armenia signed a Memorandum of Understanding (MoU) in areas of transit, transportation, facilitation of trade in goods, energy, development of environmental cooperation in Aras area and medical tourism.

The document of 17th Iran-Armenia Joint Economic Cooperation Commission was signed between Iranian Minister of Energy Ali Akbar Mehrabian, as chairman of the Commission from the Iranian side, and Mehr Grigoryan Armenian’s Deputy Prime Minister and chairman of the Commission in Armenian capital of Yerevan on Thursday.

Iranian Energy Minister emphasized the approach taken by 13th government under President Raeisi in the development of international relations and stated that the good political ties between Iran and Armenia would certainly strengthen integration in the region.

Lack of a suitable transportation route and also stable financial and banking relations as well as a lack of utilization of the two countries’ high capacities and potentials are of the major problems ahead of enhancing cooperation between the two countries, Mehrabian said and expressed hope that the existing obstacles would be removed through the cooperation of officials of the two countries.

Armenia’s Deputy Prime Minister, for his part, appreciated the efforts made between the two countries in compilation of the document of 17th Iran-Armenia Joint Economic Cooperation Commission and emphasized the serious determination of the government of Republic of Armenia for strengthening cooperation with Iran in various fields.

Grigoryan pointed to the role of Eurasian Economic Union (EAEU) in the expansion of integration and increase of trade in the region and said that Armenia is ready to act as a facilitator in relations between Iran and the union.  

He pointed to the issue of transportation and energy as two important bases for expanding relations between the two countries, extending and updating the gas and electricity exchange agreement between the two countries, and following up on the completion of the north-south road of Armenia as part of the corridor which connects Persian Gulf and Black Sea and the facilitation of customs relations between the two countries and the establishment of railway relationship with Iran if the issue of resolving the barriers to transportation routes in the region is realized as some of the most important programs facing the two countries.

MA/5488347

What is left for Turkiye to be in the western camp? The Armenian tragedy and the last fig leaf

May 3 2022
Ahmed Asmar

The US – and most of the western governments – stance on the issue of the Armenian tragedy of 1915 was the last in a series of western positions that harmed their relations with Turkiye. Over the past decades, despite being a sincere and indispensable ally – as many western leaders occasionally said – Turkiye has received many setbacks from the western camp which shook their alliance and endangered the country’s national security. A situation that eventually and logically put forward the question for the Turkish decision-makers and international relations experts, as well: “What is left for Turkiye to be in the western camp?”

Following the end of the Second World War in 1945, Turkiye was not hesitant to join the western camp, comprised of the United States and most of the west Europe countries. In that period, Turkiye felt threatened by the Soviet Union, which sought to have control over the Turkish Straits which connect the Black Sea with the Mediterranean, an essential waterway route for Russian exports, as well as claims to cede Turkish lands to the Soviet Union.

Since that time, Turkiye defined itself as a western ally and stood with the western camp in the face of the Eastern Soviet camp. Turkiye made great contributions to the western camp, starting from the Korean War 1950 –1953, then joining the North Atlantic Treaty Organisation (NATO) in 1952 and allowing for military and intelligence bases to be stationed across the Turkish territories to tackle any Soviet threat.

Despite the many contributions by Turkiye to the western camp during the post-WW2 period – acknowledged by many of the US and European leaders – yet, Turkiye was not met with the gratitude that equals its contributions and role for the success of the western camp. During the Cold War and post-Cold War periods, there were many setbacks from the western world towards Turkiye.

The Cyprus issue was an example of the western position against Turkiye. The US, and many of the European governments, sided the Greek narrative in the Cyprus case and imposed sanctions on Turkiye, including a military embargo, following its military operation in 1974 in Cyprus to protect the Turkish Cypriots from the crackdown of the Greek Cypriot terrorist groups that systematically sought to force the Turkish Cypriots to leave their lands. However, Turkiye remained a sincere ally to the western camp and stayed bound to its commitments under the alliance.

In another disregard for Turkiye’s security threats, the US denied the importation of defence capabilities to Turkiye, which was in dire need of these capabilities in the course of its fight against the terrorist PKK group, a group responsible for the killing of tens of thousands of Turkish people in the past four decades.

A US-made AH-1W Super Cobra attack helicopter on July 16, 2020 [SAM YEH/AFP via Getty Images]

In 1996, the US blocked the sale of the US-made Cobra attack helicopters to Turkiye; in 2012, the US also rejected a request from Turkiye to purchase armed Predator drones. Furthermore, the US rejected the provision to Turkiye of an air defence system following which it then moved to Russia to purchase its state-of-art S-400 air defence system and was eventually removed by the US from the joint production program of the US F-35 jet fighter.

Moreover, the US administration, including France, failed to understand Turkiye’s security concerns in northern Syria, where the former Donald Trump administration threatened to crush the Turkish economy if it continued its military operations in northern Syria.

The US did not stop at this point. Two groups considered by Turkiye as terrorist groups – the YPG/YPJ group and the FETO entity – are not considered by the US as terrorist groups. Instead, the US provides its support and backing to them. The US provided the YPG/YPJ groups – the Syrian branch of the PKK – with hundreds of millions of dollars in arms, despite Turkiye’s warning against such support, and the US is still hosting Fetullah Gulen – head of the Fetullah Terrorist Organisation (FETO) – a terrorist entity accused of being the mastermind of the 2016 defeated coup in Turkiye.

Consecutive US presidents were cautious to avoid the use of the word “genocide” to describe what happened to the Armenian community living in eastern Anatolia under the Ottoman Empire in 1915, which witnessed the horrors of the First World War. In that period, the Armenian people, the Muslims and the Kurds of the Ottoman Empire, suffered the hardships and tragedy of that war, and hundreds of thousands were killed from all these groups of people.

The Armenian communities abroad insisted on denying the tragedies that happened to others and lobbied for their own narrative of genocide, in order to let the governments adopt their narrative. Previous US administrations, under their strategic ties with Turkiye, resisted the attempts by the Armenian pressure groups, along with attempts by pro-Armenian Congressmen, to recognise what happened to the Armenians as genocide.

In October 2019, the US Congress passed a resolution on the “Armenian Genocide”, making the recognition of it as part of the policy of the United States. Moreover, President Joe Biden, at an event to remember the Armenian tragedy on 24 April, 2021, referred to the Armenian tragedy as “genocide” in a statement released by the White House and, recently, on 24 April, 2022 at the same event, President Biden also issued a statement commemorating the 107th anniversary of the start of the “Armenian Genocide.”

Biden’s statement was met with harsh criticism from the Turkish leadership, with Turkish President, Recep Tayyip Erdogan, saying the US leader’s statement was “based on lies and false information”. “Mr. Biden should first learn and know very well the history of Armenians. We cannot forgive this attempt aiming to challenge Turkiye, despite lacking such knowledge,” President Erdogan said in a televised address, commenting on Biden’s statement.

All in all, the US adoption of the Armenian narrative, and the ignorance of the Turkish call to examine the events based on historical truths, can be considered as the last fig leaf in the strategic relations between them. Turkiye can no longer describe its relations with the US as “strategic partner” and, therefore, it shall seek strengthening strategic partnerships with other powers in the world, including Russia and China, based on a policy of diversification and openness towards partners in different parts of the world, not only in the West.

St. Giragos Cathedral in Diyarbakir: Largest Armenian church in the Middle East reopens

Italy – May 9 2022
Diyarbakir (Agenzia Fides) – The Armenian Apostolic Cathedral of St Giragos in the Turkish city of Diyarbakir reopens for religious services. This also provides an opportunity to review the status of relations between the Turkish government and the Armenian Apostolic Faith Community, the largest of the many small Christian communities in Turkey today.

St Cyriacus Church reopened for worship for the first time in 2012 after decades of neglect. Shortly after reopening, the Christian church of the local Armenian community was again taken away after it was damaged leading to renewed clashes between the Turkish army and pro-Kurdish independence paramilitary groups linked to the Kurdistan Workers’ Party (PKK).

The conflict between the Turkish army and Kurdish militias that began in July 2015 was the bloodiest in two decades. As
reported by Fides Agency (see Fides, 30/3/2016), the government in Ankara had ordered the expropriation of the cathedral and all other churches in the metropolis on the Tigris in March 2016 as part of the military operations in southern Turkey against Kurdish PKK positions. The expropriation decision affected a total of five churches in Diyarbakir and more than 6,000 houses, most of which are located in the historic center of the Turkish city.

The official reopening of the church last Saturday afternoon, May 7, was attended by several national and local ecclesiastical and political authorities, including Armenian Patriarch of Constantinople Sahak II Mashalyan and Turkey’s Minister of Culture and Tourism, Mehmet Nuri Ersoy.

In his speech, Minister Ersoy pointed out that in Diyarbakir “different cultures and beliefs coexist in peace” and the different communities freely practice the practices and worship related to their beliefs. The minister expressed the hope that the places of worship “will be a sign of respect and brotherhood among us throughout Anatolia,” stressing the importance of protecting and preserving them. Explaining that he shares the joy of the Armenian community, the Turkish politician recalled the historical importance of the reopened holy site: “We know how important this building is not only for our citizens in the city, but also for the world cultural heritage. The largest Armenian church in the Middle East reopens. I believe that this restoration, which cost about 32 million Turkish lira, is of great importance for the protection of cultural heritage”.

The Armenian Patriarch Sahak II also confirmed in his speech that the restoration of the church and its reopening for worship was only possible thanks to the funds made available by the government in Ankara. “There is no doubt,” added the Patriarch, “that this opening is a day of celebration for the Armenians of Diyarbakir. Even with the numerical decline in the Christian presence in Diyarbakir, the opening of this church can be a lifeline. And it contains an important and meaningful message of friendship with a view to improving Turkish and Armenian relations”.

The historic Marian Monastery in Sumela in the northern Turkish province of Trabzon was reopened to visitors at the beginning of May after more demanding conservation work had been carried out to protect the monastery complex from the risk of landslides. The monastery is particularly dear to Orthodox Christians. According to tradition, the monastery (now Meryemana Manastırı, i.e. the Monastery of Mother Mary) was founded by the Greek monks Barnabas and Sophronius, who arrived there in 385 AD, during the reign of Emperor Theodosius I, after hearing an apparition received instructions from the Virgin Mary.

The location and the fortifications built over time made the monastery untouchable for centuries. In 532, after returning from one of his campaigns against the Persians, the Byzantine Emperor Justinian donated a silver urn containing the relics of Saint Barnabas to the monastery. The monastery remained a settlement of Christian monastic life during the Ottoman Empire until the last events of the First World War and the Greco-Turkish War: The monks only left the monastery for good in 1923. After decades of looting and neglect, the Turkish authorities began restoration work in the 1990s to protect the site as an archaeological-monumental complex of cultural importance, rarely allowing liturgies to be celebrated at the site important to the Byzantine monastic tradition. (GV) (Agenzia Fides, 9/5/2022)

http://www.fides.org/en/news/72132-ASIA_TURKEY_St_Giragos_Cathedral_in_Diyarbakir_Largest_Armenian_church_in_the_Middle_East_reopens