Central Bank of Armenia: exchange rates and prices of precious metals – 09-03-23

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 17:10, 9 March 2023

YEREVAN, 9 MARCH, ARMENPRESS. The Central Bank of Armenia informs “Armenpress” that today, 9 March, USD exchange rate down by 0.11 drams to 388.49 drams. EUR exchange rate down by 3.65 drams to 410.56 drams. Russian Ruble exchange rate down by 0.03 drams to 5.12 drams. GBP exchange rate down by 4.83 drams to 461.84 drams.

The Central Bank has set the following prices for precious metals.

Gold price down by 415.59 drams to 22686.03 drams. Silver price down by 12.31 drams to 251.12 drams. Platinum price stood at 16414.1 drams.

U.S. Ambassador meets EUMA head Markus Ritter to discuss Armenia-Azerbaijan border situation

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 17:14,

YEREVAN, MARCH 10, ARMENPRESS. United States Ambassador to Armenia Kristina Kvien met with the head of the European Union Mission in Armenia (EUMA) Markus Ritter to discuss the situation on the Armenia-Azerbaijan border, the embassy said on Friday.

“Ambassador Kvien met with the head of the European Union Mission in Armenia Markus Ritter to discuss the situation on the Armenia-Azerbaijan border. The United States strongly supports the EU Monitoring Mission in Armenia,” the US embassy’s statement reads.

EUMA is a non-executive, non-armed civilian Common Security and Defence Policy (CSDP) Mission tasked with observing and reporting on the security situation along the Armenian side of the international border with Azerbaijan.

Barracks fire: Coroner’s report released

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 14:53,

YEREVAN, MARCH 11, ARMENPRESS. The first coroner’s report in the barracks fire was made public on March 11.

The cause of death of 8 of the 15 soldiers who died in the barracks fire was determined by the coroner to be carbon monoxide and burn shocks, the legal representative of the families of the victims Norayr Norikyan told reporters. The bodies of the other 7 victims are still undergoing postmortem examination.

15 troops died in January 2023 in what authorities said was a major fire that broke out at a military barracks in the village of Azat. Authorities said the fire was caused accidentally by an officer who attempted to ignite a heater using gasoline – in violation of safety rules.

“I am informing you that today we received the coroner’s report of the deaths of eight of the fifteen servicemen who died in the military barracks in Azat village. According to the coroner’s report, the cause of death of the servicemen was carbon monoxide and burn shocks,” he said. The toxicology report was clear and determined that there were no drugs or any other foreign substances.

Norikyan, who represents 13 of the 15 victims, said he will deliver a statement on behalf of the victims’ next of kin soon.

Azerbaijan cuts off gas supply to Nagorno-Karabakh

Azerbaijan cut off the gas supply from Armenia to Nagorno-Karabakh. This was announced by the information headquarters of the self-proclaimed Nagorno-Karabakh Republic on Friday, March 10.

“The Azerbaijani side has just once again blocked the supply of gas from Armenia to Artsakh (Nagorno-Karabakh. – Ed.). Please strictly follow the safety rules,” reads the Telegram channel of the headquarters.

The situation on the Armenian-Azerbaijani border escalated in the fall of 2022. Yerevan and Baku accused each other of the escalation, and also reported deaths from each side as a result of shelling.

On November 1, at a meeting with Russian President Vladimir Putin, Azerbaijani leader Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan agreed to refrain from the use of force, discuss and resolve all problematic issues solely on the basis of mutual recognition of sovereignty.

In September 2020, the Azerbaijani armed forces occupied a number of villages and strategic heights in the Fizuli and Jabrayil regions, adjacent to the unrecognized Nagorno-Karabakh. Two months later, Armenia and Azerbaijan, with the participation of Russia, signed an agreement on the cessation of hostilities in Nagorno-Karabakh. The document, among other things, provided for the introduction of Russian peacekeepers into the region, the exchange of prisoners between the parties to the conflict, the transfer by Armenia to Azerbaijan of a number of regions of the region and the return of refugees to Karabakh.

Armenia and Azerbaijan have disputed ownership of Nagorno-Karabakh since 1988. Then the region, which is inhabited mainly by Armenians, announced its withdrawal from the Azerbaijan SSR. During the military conflict of 1992-1994, Baku lost control over Karabakh.

 

Persian Gulf-Black Sea corridor: Armenia proposal will see India bypass Azerbaijan to Europe, Russia

Story by Ajeyo Basu
New Delhi: India may soon get another trade route to Russia and Europe if a proposal reportedly put forward by Armenia regarding the Persian Gulf-Black Sea corridor goes through.

The offer was made by senior Armenian officials last week during a visit to India by Armenia’s foreign minister Ararat Mirzoyan.

According to reports, the proposed corridor is expected to connect Mumbai with the port city of Bandar Abbas in Iran before going on to Armenia and onward to Russia or Europe.

The Persian Gulf-Black Sea corridor is slated to run parallel to the International North-South Transport Corridor (INSTC) and will bypass Azerbaijan which does not enjoy good ties with India due to its close relations with Turkey and Pakistan.

Armenia, which has developed close ties with India in recent times amid growing purchase of Indian defence equipment, has reportedly sought investment from India for the Persian Gulf-Black Sea corridor in Armenian territory.

“As the new cold war disrupts Russia-West economic and political relations, any large-scale transit of cargo passing the Russia-Europe border looks too risky for the international logistic and insurance companies,” Benyamin Poghosyan, founder and chairman of Yerevan, Armenia-based Center for Political and Economic Strategic Studies and senior research fellow at APRI-Armenia, was quoted as saying by ET.

“At the same time, India’s need for additional trade routes to reach Europe circumventing the Suez Canal remain valid. In parallel to the discussions around INSTC, Iran in 2016 put forward a new international transport corridor project, Persian Gulf-Black Sea, which should connect Iran with Europe via the South Caucasus. The negotiations were paused during the Covid pandemic, but all potential participants of the project – Iran, Armenia, Georgia, Azerbaijan, Bulgaria and Greece-expressed their interest in participating,” he added.

India’s trade with Russia through the INSTC has grown since the start of the Russia-Ukraine war. However, Azerbaijan is a key part of the INSTC which connects Mumbai with Russia via Iran and the Caspian Sea.

https://www.msn.com/en-in/news/other/persian-gulf-black-sea-corridor-armenia-proposal-will-see-india-bypass-azerbaijan-to-europe-russia/ar-AA18sqRZ?li=AAgges1

Armenian American Museum Elevate Gala Sold Out

Tickets to the Armenian American Museum's Elevate Gala, set for March 19, have sold out


GLENDALE—The Armenian American Museum and Cultural Center of California announced that the highly anticipated Elevate Gala is officially sold out. The signature event of the year, to be held on Sunday, March 19, is anticipated to welcome a capacity audience at the Fairmont Century Plaza in Los Angeles.

The Elevate Gala will celebrate the completion of the first phase of construction featuring the museum parking garage and building foundation and mark the next exciting chapter for the Armenian American Museum as the landmark center is elevated to the horizon as a destination for education, enrichment, and inspiration for generations to come.

Internationally acclaimed and award-winning entertainer Kev Orkian will serve as the Master of Ceremonies for the evening. Kev Orkian is a notable actor, musician, and comedian who has earned a reputation as one of the United Kingdom’s finest entertainers.

Pacific Western Bank Vice President Relationship Manager and Armenian American Museum Board of Governors Member Diana Timuryan is serving as the Elevate Gala Chair. The Elevate Gala Committee includes Mayda Altounian, Alvard Barseghian, Angela Bedoyan, Ani Bekarian, Araxie Boyamian, Garine Depoyan, Hilda Fidanian, Aida Gharakhani, Marie Jeanne Harmandayan, Natalie Hariri, Christine Hovnanian, Tanya Kalaydjian, Maro Kasparian, Dr. Alexia Kevonian, Erika Toriz-Kurkjian, Carmen Libaridian, Margaret Mgrublian, Narine Mouradian, Aleen Orucakciel, Dzovig Zetlian, and Elizabeth Zoryan.

Major Sponsors include Donnell & Rima Cameron, Armen & Gloria Hampar Family Foundation, Avadis & Nancy Tevanian, Jack & Zarig Youredjian, Ayvazian Family Foundation, The GASKA Alliance Foundation, Anonymous, Dr. Vicken & Sossy Aharonian, Ron & Kourtni Arakelian, Bank of America, Gregory & Gina Felikian, Steve & Sandi Hampar, Nabil & Hanan Karabetian, Berdj & Mary Karapetian, Matthew & Audrey Matoesian, William McMorrow, Nora Tertzag Hampar Charitable Trust Ara & Nina Ohanian, Sarkis & Nune Sepetjian, and Isaac & Frieda Vartanian.

The Armenian American Museum is a world-class educational and cultural institution that is currently under construction on the museum campus at Glendale Central Park. The museum will offer a wide range of public programming through the Permanent Exhibition, Temporary Exhibitions, Auditorium, Learning Center, Demonstration Kitchen, Archives Center, and more.

For more information on how to contribute to the Armenian American Museum and the Elevate Gala, contact Major Gifts Director Mary Khayat at (818) 644-2073.

To learn more about the Elevate Gala, visit the Armenian American Museum website.

AW: Dolma: Seeking home, in the homemade

Our evening in Ashan, 2017

As I watched the steam rise each time we peeked into the pot, I was back home, in the homeland. 

Her precious earth still manages to live on the soles of my shoes, and as they traveled along the unpaved road to Ashan, they climbed to the priceless stories that were shared. I was home for the first time in a long time, and an unger had invited my mother and I to dinner in his home. When we arrived, we were greeted with open arms and warm souls. There was no lack of love, affection or passion in that home, and of course, when there is company, there is a feast. Our hosts found us worthy of their finest cutlery and homemade Tuti OghiGenats after genats was said, in honor of our land, our struggle, our diaspora and our fallen. However, with every piece of advice given and laughter heard, there was a part of that table that remained constant: the handmade dolma, or litzk. It provided warmth and nourishment, as did the sweet sounds of Artsakh. It fed the room and fueled the fire in our hearts, to live here, remain on our land, and above all, maintain our struggle. We left the dinner with full bellies and enlightened minds, and while the people of Artsakh maintained this struggle, we as diasporans are on every corner of the Earth, doing what we can and what we must. And sometimes, when the day is too short and my mind too overwhelmed, I am back on that table, held by the warm embrace of the stuffed squash and pomegranate juice. And so I thought, “Why don’t I bring Artsakh to me?”

At first, the process seemed particularly daunting. This is the work of well-seasoned grandmothers, nothing a mere mortal such as I can take on. And so, I decided to inquire with the master herself  Etig (Etig is my grandmother, and throughout the journey of reconnecting with the meals of the motherland, her guidance will often be referenced). Although the phone call lasted over an hour, she left me with practically no information to work with. You know, a little of this, a little of that. And so, with the limited knowledge I gathered between gossip sessions, I headed to the grocery store. The whispers about how the deli meat was not sliced thin enough, the old man deciphering which can of nuts he prefers without the assistance of his wife, and the candy wrapped in the metallic, Arabic packaging – I am back in my favorite place, the Armenian market. I gathered my ingredients with subtle panic and urgency. However, I was reassured when the cashier knew exactly what I was up to. Besides, why else would you need calrose rice, zucchini and lemon? 

As I started to prepare, Etig arrived, guns blazing (dolma porelik in hand). And so it begins! Dip the end in salt so it is easier to hollow. Dissolve tomato paste in the water for better color. Please stop puncturing holes in the bottom of the vegetables! This meal was not by any means simple, straightforward or low-effort. The squash was not hollow enough. The broth had too much lemon. No matter how many onions I chopped, it was not enough. We slaved for hours, and yet, despite its complexity, there was a looming awareness I could not shake. With every pepper I chopped, I was back in Ashan, singing the hymns of the homeland, convinced the night would never end. With every sprinkling of salt, I heard the echoes of Ghazanchetsots, peering over the cliff where our most dedicated rose and ensured our liberation. There was a bitterness with each bite as I sat at my table in my house, and I was not home. And as a spoonful met the roof of my mouth, I stared at the backs of those who claim to care the most, the same backs the people of Artsakh see every day. Thousands of miles away from each other, we stare at the same backs, with the same empty promises. They shake hands and smile for photo opportunities, and we remain here, battling for each moment on our land and for our existence. And so, as I watched Etig lift the lid of the pot to allow the steam to escape, the aroma that blanketed the kitchen air was the same as it was five years ago, on a piece of land most people cannot even pronounce. We are all interlinked, and I understood at that moment that no matter who tries, whichever powers, foreign or domestic, try to eradicate us and the spirit ablaze in our hearts, we are here, laughing, singing, fighting and making dolma.

Lar Tabakian is from Los Angeles, California. She is an active member of the AYF West Pasadena “Nigol Touman” Chapter and is also involved with the ANCA and ARS. She is pursuing a degree in Middle Eastern Studies with hopes of becoming a conflict journalist. In her free time, she enjoys writing, reading Armenian history and learning new songs on her guitar.


CivilNet: Washington ‘not considering’ sanctions against Baku, says US envoy

CIVILNET.AM

09 Mar, 2023 10:03

  • Freedom House released the latest edition of its annual Freedom in the World report today, maintaining Armenia’s “partly free” status, while slightly lowering the country’s overall score and warning of the risk of war in the region.
  • Armenian Prime Minister Nikol Pashinyan described Azerbaijan’s deadly attack on a Karabakh Armenian police car Sunday as a “terrorist act.”
  • The United States is not considering imposing sanctions on Azerbaijan over its blockade of Nagorno-Karabakh, said Louis Bono, the new U.S. special envoy for the South Caucasus.

Armenia proposes Iran-Black Sea corridor for Indian traders

India – March 9 2023


Dipanjan Roy Chaudhury
Synopsis
  New Delhi: Armenia has proposed a Persian Gulf-Black Sea corridor to connect
Indian traders with Russia and Europe. 
The offer was made last week by a visiting Armenian team comprising senior
officials and experts. It came at a time when Armenia's foreign minister Ararat
Mirzoyan was also visiting India. 
The proposed corridor-which will run parallel to the International North-South
Transport Corridor (INSTC)-will aim to connect Mumbai with Bandar Abbas in
Iran and then Armenia and onward to Europe or Russia, bypassing Azerbaijan
with whom India has lukewarm ties amid its close association with Turkey and
Pakistan. 
Armenia, whose ties with India have witnessed an upswing in recent years buoyed by defence exports from here, has
sought Indian investments for the corridor in the Armenian territory, sources in the Armenian government indicated to
ET. 
Since the beginning of the Russia-Ukraine war, India's trade with Russia has increased manifold via the INSTC that
connects Mumbai with Russia via Iran and the Caspian Sea. Azerbaijan is a key element under INSTC but has been slow
in completing an infrastructure link under INSTC. Historically, Armenia shares strong political and business ties with
Iran. 
"As the new cold war disrupts Russia-West economic and political relations, any large-scale transit of cargo passing the
Russia-Europe border looks too risky for the international logistic and insurance companies," Benyamin Poghosyan,
founder and chairman of Yerevan, Armenia-based Center for Political and Economic Strategic Studies and senior
research fellow at APRI-Armenia, told ET.

"At the same time, India's need for additional trade routes to reach Europe circumventing the Suez Canal remain valid. In
parallel to the discussions around INSTC, Iran in 2016 put forward a new international transport corridor project,
Persian Gulf-Black Sea, which should connect Iran with Europe via the South Caucasus. The negotiations were paused
during the Covid pandemic, but all potential participants of the project-Iran, Armenia, Georgia, Azerbaijan, Bulgaria and
Greece-expressed their interest in participating." 

The Persian Gulf-Black Sea corridor fits well into India's plans as it looks for additional routes to reach Europe,
circumventing the Suez Canal and avoiding the negative impact of Russia-West confrontation. The corridor itself may
connect Iran with Georgia via either Armenia or Azerbaijan. Armenia and Azerbaijan have railway and highway
connections with Georgia, and Azerbaijan has a railroad up to the Azerbaijan-Iran border. 
There is a missing link of some 165 km inside Iran (the Rasht-Astara line) to connect Azerbaijani and Iranian railways. In
January 2023, Russia and Iran agreed to launch the construction with Russian funding. Azerbaijan also has a highway
connection with Iran, Poghosyan explained .  
https://economictimes.indiatimes.com/news/international/world-news/armenia-proposes-iran-black-sea-corridor-for-indian-traders/articleshow/98526297.cms?from=mdr

Economist: Armenia has considerable decline according to Global Innovation Index

News.am
Armenia – March 9 2023

According to the Global Innovation Index, Armenia has a considerable decline, economist Tigran Jrbashyan wrote this on Facebook.

In particular, he noted: "According to the Global Innovation Index published by the World Intellectual Property Organization in 2022, which is considered one of the most reliable and accepted sources for measuring the innovation of economies, Armenia is in the 80th position (see https://www.wipo.int /global_innovation_index/en/2022/).

For comparison, I should note that in 2020, Armenia was in the 61st position; and within two years it dropped its position by 19 positions, which is one of the biggest declines in the Global Innovation Index (see https://www.wipo.int/global_innovation_index /en/2020/)

It is noteworthy that the rating is calculated according to different indicators (innovation pillars), among which, for example, in 2 years, Armenia lost 17 positions in the market sophistication indicator, 15—in business sophistication, 26—in the knowledge & technology outputs indicator, and 17—in the creative outputs indicator.

Such a situation is due also to the lack of collected data and their outdatedness. Thus, according to WIPO, 11 indicators, which are collected when compiling the rating, are missing for Armenia. Among these data, for example, the number of researchers is 1 million per capita, the venture capital received in the GDP, the PISA scores in reading, mathematics and science, etc. (see https://www.wipo.int/…/pub…/en/wipo_pub_2000_2022/am. pdf).

However, the 7 indicators that are considered outdated for Armenia are more interesting. This means that there is generally no problem with receiving the data, but it has not been updated.

Those indicators are:

-Business policy and culture (source: Global Entrepreneurship Monitor),

-Availability of financial resources for startups and company scaling (source: Global Entrepreneurship Monitor),

– Percentage of venture capital transactions in purchasing power equivalent in the GDP (source: Refinitiv),

– The share of knowledge-building work (source: International Labor Organization),

– Share of research funding by private companies in the GDP (source: UNESCO Institute of Statistics),

– Share of research funding by foreign organizations in the GDP (source: UNESCO Institute of Statistics),

– Participation of women with higher education in the labor market (source: International Labor Organization).

I am sure that at least if these indicators are updated, Armenia will considerably improve its ranking in the next edition of the Global Innovation Index."