Net Foreign Debt Of Armenia Grows By 295.35 Million Dollars To 920.6

NET FOREIGN DEBT OF ARMENIA GROWS BY 295.35 MILLION DOLLARS TO 920.6 MILLION DOLLARS IN 2007

Noyan Tapan
April 21, 2008

YEREVAN, APRIL 21, NOYAN TAPAN. The gross foreign debt of Armenia
amounted to 2 bln 927.33 mln USD in late December 2007, growing by
917.33 mln USD as compared with late December 2006.

According to the RA National Statistical Service, 43% of the gross
foreign debt formed in the state governance system, 14.7% in the
private sector, 6.6% – in monetary and credit regulation bodies,
18.6% – in commercial banks, and 17.1% were foreign direct investments
received as intercompany credits from orgaizations engaged in various
sectors of the economy.

In late December 2007, the gross foreign assets of Armenia made 2 bln
6.73 mln USD, increasing by 621.98 mln USD as compared with December
2006. As a result, the net foreign debt of Armenia grew by 295.35
mln USD to 920.6 mln USD.

USA, Russia Not Interested In Armenian Pullout From Karabakh

USA, RUSSIA NOT INTERESTED IN ARMENIAN PULLOUT FROM KARABAKH

168 Zham
April 3 2008
Armenia

Arman Melikyan, former aide to the leader of Nagornyy Karabakh, has
said that the USA and Russia are not interested in Armenia’s withdrawal
from the Azerbaijani territories controlled by the Armenian forces,
the Armenian opposition 168 Zham newspaper reported on 3 April.

Speaking at a news conference in Yerevan on 2 April, Melikyan,
who also stood in the 19 February Armenian presidential election,
said that with the establishment of peace in the region Europe will
become a serious competitor to the USA and Russia, as Europe will
get a bridge to the Asian countries, the newspaper added.

Asked about the possibility of Armenia’s recognition of Nagornyy
Karabakh, Melikyan noted that newly-elected President Serzh Sargsyan
will not consider this issue in the nearest future, the paper
concluded.

Armenian Leader Slams Azerbaijan For Increasing Army Spending

ARMENIAN LEADER SLAMS AZERBAIJAN FOR INCREASING ARMY SPENDING

Public TV
April 16 2008
Armenia

Armenia’s new President Serzh Sargsyan has come out for a more
proactive and vigorous foreign policy, Public TV reported on 16 April.

Speaking at a ceremony to introduce a new minister at the Foreign
Ministry, Sargsyan said that conditions should be created for the
peaceful and fair settlement of the Nagornyy Karabakh conflict.

Sargsyan criticized Azerbaijan for trying to resolve the conflict
through beefing up its army.

"Azerbaijan is seriously mistaken if it thinks that its army can
become combat ready by merely investing dollars within a short period
of time and that it can resolve the issue of Nagornyy Karabakh with
the help of its army," Public TV quoted Sargsyan as saying. Sargsyan
said that the existence of the state of Nagornyy Karabakh was already
irreversible, adding that Armenia would continue to be the guarantor
of Nagornyy Karabakh’s security, TV reported.

Government Session Agenda Posted On Internet

GOVERNMENT SESSION AGENDA POSTED ON INTERNET

ARMENPRESS
April 17, 2008

YEREVAN, APRIL 17, ARMENPRESS: Visitors to the official website of
the Armenian government will have an opportunity to see the agenda
of its recurrent sessions and draft documents set for discussions.

The government press office said information about extra issues
which are placed on the agenda during the session can be obtained
from official press releases.

Turkish Christians Mark 1st Anniversary Of Malatia Murders

TURKISH CHRISTIANS MARK 1ST ANNIVERSARY OF MALATIA MURDERS

PanARMENIAN.Net
16.04.2008 12:36 GMT+04:00

/PanARMENIAN.Net/ This week Turkish Christians mark the 1st anniversary
of the murder of three Protestants in Malatia.

Religious freedom in Turkey is still suppressed, said Duzid Seyhan,
an evangelic. "Some people hire guards, some shut doors during the
divine service," he said. "A dialogue with all religious comminutes
should start with the equal attitude to all religions. The authorities
should encourage pluralism and equality of all citizens and also
punish the assaulters."

The Alliance of Protestant Churches of Turkey named the year of 2008 a
"black year" for the Protestant community. A report meant to attract
attention to the community’s problems found no reaction in the media.

Alliance’s chairman Zekai Tanyar said that concerns and expectations
of Protestants are the same as in 2006, before the murders.

Three Protestants (two Turks and a German) were murdered in southeast
of Malatia on April 18, 2007.

The trial is still underway.

National Gallery Festival For First Time Included In Activity Plan O

NATIONAL GALLERY FESTIVAL FOR FIRST TIME INCLUDED IN ACTIVITY PLAN OF RA MINISTRY OF CULTURE

Noyan Tapan
April 16, 2008

YEREVAN, APRIL 16, NOYAN TAPAN. The holding of the National Gallery
International Music Festival has become traditional and one of the
most expected cultural events for art lovers. Mariam Shahinian,
the festival’s founder, said at the April 16 press conference.

According to her, the National Gallery fourth International Music
Festival to be held between April 17 to June 15 in Yerevan this
year for the first time has been included in the activity program of
the RA Ministry of Culture. In M. Shahinian’s words, the festival’s
peculiarity is that not only world-famous musicians, but also beginners
take part in it.

Paravon Mirzoyan, the Director of the National Gallery of Armenia,
said that the idea of holding music festivals in picture galleries
and museums is not new: for many decades it has been fulfilled
successfully in authoritative cultural centers of the world. In his
words, besides presenting pieces of world music art performed by
renowned musician-performers, orchestras, the festival also pursues
another goal: to acquaint the art loving society with the activity of
the given picture gallery, as well as with the masterpieces kept there.

It should be mentioned that both Armenian and foreign best musicians
and orchestras, including State Armenian Chamber Orchestra, Narekatsi
orchestra, Alliance quintet (Germany), Mario Stefano Pietrodarchi
(Italy), Alexander Chaushian (Great Britan), will take part in
the festival. In total, the festival will consist of nine series
of conerts.

OSCE: Efforts To Thaw Frozen Conflicts Growing More Complicated

OSCE: EFFORTS TO THAW FROZEN CONFLICTS GROWING MORE COMPLICATED
Jean-Christophe Peuch

EurasiaNet
April 16 2008
NY

In his first public appearance as chairman-in-office of the
Organization for Security and Cooperation in Europe (OSCE), Finland’s
new foreign minister, Alexander Stubb, called for enhanced efforts
toward resolving the Soviet-era conflicts of Nagorno-Karabakh, South
Ossetia, and the Transdniester region.

"I am really convinced that there are many areas where we need to
make a difference, and we need to work a lot harder on them. I think
we must seriously look at all [three] frozen conflicts and my aim as
[chairman]-in-office is to re-energize efforts towards the peace
settlement of these conflicts," Stubb told the OSCE’s Permanent
Council in Vienna on April 10. "I sincerely hope that our efforts
are met with constructive engagement by all the partners."

Addressing that same panel on January 10, Stubb’s predecessor Ilkka
Kanerva had listed conflict resolution among Finland’s top priorities
at the helm of the OSCE.

Yet, three months into Finland’s chairmanship, OSCE efforts to promote
peaceful solutions to the Soviet-era conflicts seem only to be growing
more complicated. Recent developments concerning Karabakh underscore
the difficulties facing Finland.

Azerbaijan has been outspoken in its criticism of the peace process in
recent weeks, and has pressed for changes in the existing Karabakh
negotiating framework. [For background see the Eurasia Insight
archive]. Armenia, meanwhile, has threatened to recognize Karabakh’s
independence, if Azerbaijan refuses to participate in peace talks
overseen by the OSCE’s Minsk Group. [For background see the Eurasia
Insight archive].

Addressing reporters in Vienna on April 10, Stubb said he fully
supported the Minsk Group’s mediation efforts, adding that he saw
"very little room for maneuver, or change" in the existing negotiation
process.

Among the 39 nations that voted in favor of a UN resolution recognizing
Azerbaijan current borders and calling for the immediate withdrawal of
Armenian forces from occupied Azerbaijani territory were Baku’s fellow
GUAM members — Ukraine, Georgia, and Moldova. The latter two are
themselves entangled in conflict settlement talks involving the OSCE.

Frustrated by the disproportionate influence that Georgia asserts
Russia enjoys over the existing negotiating framework, Tbilisi recently
came out with a new proposal for peace talks. Dubbed 2+2+2, the new
formula seeks to leave the Russian republic of North Ossetia out of the
peace process, award Georgia’s loyalist Provisional Administration of
South Ossetia a seat at the negotiation table and bring the European
Union in. Georgia has threatened to withdraw from the peace process,
if its proposal is not accepted. [For background see the Eurasia
Insight archive].

OSCE Secretary General Marc Perrin de Brichambaut, who met behind
closed doors in Vienna in March with Georgia’s State Minister for
Reintegration Temur Iakobashvili, has not commented on Tbilisi’s
initiative. Stubb in early April made it clear he was not in favor
of modifying the existing negotiation framework.

Stubb also said that, in his view, the internationally-sponsored
negotiation mechanism between Moldova and its Russian-speaking
separatist republic of Transdniester "seems to be working quite
well." Yet, this so-called 5+2 settlement process — which brings
together the OSCE, Russia and Ukraine as mediators, along with the
EU and the United States as observers — has been stalled for the
past two years. Addressing the OSCE’s Permanent Council on March
13, Finnish diplomat Heikki Talvitie clearly indicated he did not
anticipate any breakthrough in the near future.

In the meantime, Russia unilaterally arranged for direct talks between
Moldovan President Vladimir Voronin and Transdniestrian leader Igor
Smirnov. The meeting — the first of its kind in seven years — took
place on April 11 in the separatist-controlled city of Bendery. The two
men agreed to work toward reinforcing confidence-building measures,
with the aim of reviving the 5+2 process. Voronin also promised to
lobby Brussels and Washington for the lifting of a travel ban imposed
on Transdniestrian leaders five years ago. In return, Smirnov pledged
to no longer deny Moldovan officials access to Transdniester.

In a statement, the OSCE welcomed the Bendery meeting as "a first step
that can pave the way to resumption of the settlement negotiations
in the 5+2 format."

The "Kommersant" newspaper on March 11 reported that Russia was ready
to help Moldova restore its sovereignty over Transdniester in return
from Chisinau’s assurances that it will not join NATO. That same
Russian daily on April 12 said solving the Transdniester conflict
would also help Russia counter Georgia’s attempts at weakening its
leverage on the South Ossetian peace process.

Editor’s Note: Jean-Christophe Peuch is a Vienna-based freelance
correspondent, who specializes in Caucasus- and Central Asia-related
developments.

Not To Be Vulnerable

NOT TO BE VULNERABLE

Hayots Ashkhar Daily
Published on April 16, 2008
Armenia

"One doesn’t have to be too perspicacious to realize that consistent
work is being done against the Republic of Armenia, and it is being
done in a very professional manner, by using us, the citizens of
the country.

No need to think that the March 1 events are just internal
manifestations; they are very simple, accurately calculated tools of
influence which are used in a perfect manner. And they were simply
imposed on us by the external forces with the purpose of weakening
Armenia and making it more yielding.

Unless we are able to close our ‘doors’ and create barriers against
such influences, we’ll be vulnerable to external challenges," HAYK
DENOYAN, Director of the Genocide Museum is convinced.

Armenian Young Man, Participant Of April 6 Brawl, Dies In Russia

ARMENIAN YOUNG MAN, PARTICIPANT OF APRIL 6 BRAWL, DIES IN RUSSIA

Noyan Tapan
April 14, 2008

MURAVYOVO, APRIL 14, ARMENIANS TODAY – NOYAN TAPAN. One Of The People, Who
Suffered During The Brawl That Happened On April 6 In The Village Of
Muravyovo, Rzhevsk Subregion, Tver Region, 26-Year-Old Karen Aghajanian
Died The Day Before. Radio Liberty Reports This.

Aghajanian had been taken to hospital after a brawl between local
residents and a group of Armenian young men. The representatives
of Armenian community affirm that the fight, as a result of which
nearly 20 people suffered, happened on the ethnic ground. However,
the Police excludes this version.

According to the main version of law enforcement bodies, the conflict
happened because of a hijacked car.

BAKU: PACE Parliamentarians Demand Amendments To Armenian Electoral

PACE PARLIAMENTARIANS DEMAND AMENDMENTS TO ARMENIAN ELECTORAL CODE

Azeri Press Agency
April 14 2008
Azerbaijan

Strasbourg. Fuad Gulubayli -APA. PACE spring session discusses
Presidential elections in Russia, Serbia, Armenia today, Hungarian
MP, member of European People’s Party Nemeth Zsolt made a serious
report on developments after the presidential elections in Armenia,
APA Europe bureau reports.

He stated that 9 people had been killed as a result of developments
and 200 people had been arrested because of political reasons.

"State of emergency was declared after that. Armenian government
adopted law on Freedom of Assembly without opinion of the Council
of Europe and Venice Commission. Armenian opposition demands to hold
by-elections and does not recognize legitimacy of current President.

Armenian government should carry out independent investigation with
opposition representatives to find the ways out of the situation. If
Armenia does not do it, PACE will do. Last elections in Armenia show
that Armenian Electoral Code should be amended", he said.

John Prescott, head of CE delegation to Armenia also made speech and
stated that many people had died and injured during the confrontation
in Armenia. He stated that all means were used against the protesters.

Samad Seyidov, Head of Azerbaijani Delegation to PACE will make a
report on the presidential elections in Armenia after the interval.