South Caucasus Railway: $245 Million Invested In Modernization Of Ar

SOUTH CAUCASUS RAILWAY: $245 MILLION INVESTED IN MODERNIZATION OF ARMENIA’S RAILROAD INFRASTRUCTURE BETWEEN 2009 AND 2014

YEREVAN, February 6. /ARKA/. The South Caucasus Railway’s delegation
headed by Oleg Shatalov, deputy CEO for interaction and logistics,
took part at South Caucasus Infrastructure & New Energy Investment
Summit opened Friday in Tbilisi.

Visitors of the company’s pavilion learned from the figures presented
here that $245 million had been invested in modernization of Armenia’s
railway infrastructure over a period between 2009 and 2014.

According to the company’s press office, the exhibition visitors and
journalists paid special attention to the South Caucasus Railway’s
pavilion, since it provided comprehensive information and was properly
designed.

Shatalov had an interview with Vrastan Newspaper and Zara Agasafyants,
deputy head of the transportation services center, with INFO-9
TV Channel.

Oleg Shatalov spoke at the summit on the company’s activities and
development prospects.

Many participants, especially from European countries, didn’t know
before this event that the South Caucasus Railway is a subsidiary of
the Russian Railways.

This information surprised them and the flow of visitors intensified
even more – there were mostly forwarders and businessmen searching
for reliable partners for implementation of their projects.

the press release says.

Many visitors of this two-day international summit wanted to know
about prospects for Iran-Armenia railway construction.

The pavilion was also visited by Georgy Bekua, advisor to the Georgian
economy and stable development minister, which asked questions about
the South Caucasus Railways’ activity and development prospects. South
Caucasus Railway, a subsidiary of Russian Railways, runs Armenian
Railway, which was handed over to the South Caucasus Railway on
February 13, 2008 for 30-year concession management with a right to
prolong the management term for other 10 years. –0—

http://arka.am/en/news/economy/south_caucasus_railway_245_million_invested_in_modernization_of_armenia_s_railroad_infrastructure_be/#sthash.rzOfVyMZ.dpuf

Construction In Armenia Falls 4.3% To AMD 433.2 Billion In 2014

CONSTRUCTION IN ARMENIA FALLS 4.3% TO AMD 433.2 BILLION IN 2014

YEREVAN, February 6. /ARKA/. Construction in Armenia faced 4.3%
decline in 2014 – AMD 433.2 billion was spent on construction that
year, the National Statistical Service of Armenia reports.

The population-paid construction cost AMD 108.8 billion in 2014 (18.9%
decline) – this amount made up 25.1% of the total amount spent on
construction in the country.

Construction carried out at the account of organizations amounted to
AMD 199.9 billion and made up 46.1% of total amount (a 3.7% growth),
construction paid from humanitarian aid cost AMD 7.2 billion or 1.7%
(23.6% decline), that paid from the government budget AMD 59.7 billion
and 13.8% respectively (13.8% decline) and from communities’ financial
resources AMD 19.8 billion and 4.6% respectively (61.9% growth).

Besides, construction paid from international loans amounted to
more than AMD 37.5 billion and made up 8.7% of total amount spent on
construction (7.5% growth).

The World Bank had AMD 6091.5 million here, the European Bank for
Reconstruction and Development AMD 6255.5 million, Asian Development
Bank AMD 20867.6 million, German Development Bank (KfW) – 2651.5
million and other organizations AMD 1677 million.

It should be mentioned that the 0.4% growth recorded at the first
half of 2014 gave grounds for thinking that this segment of the
country’s economy will rally after flagging, but in the second half,
particularly in September, construction faced a sharp diving – 13%.

It continued its downward motion also in October and November, when it
sank 14.4% and 10.1% respectively. In December a slight 0.2% growth was
recorded. This sector was one of the key catalysts of economic growth
in Armenia. Its share in GDP rose from 9.8% in 2000 to 24% in 2008.

More than that – ahead of the crisis, in 2008, the share of
construction in GDP was larger than that of any other segments of
the national economy.

However, in 2009, amid the recession raging across the world,
“construction bubble’ in Armenia burst and the sector sank 37.4%
and its share in GDP shrank to 18.4%. The fall continued also in the
next years. In 2013 this indicator dropped to 10.3%.

Although Armenia’s economy was gradually recovering its growth in
post-crisis years, construction sector remained stagnant.

In particular, it fell 2.2% in 2010 and 8.9% in 2011, showing 0.2%
growth only in 2012, which was however followed by 8.1% decline
in 2013.

According to the Armenian urban planning ministry’s forecast,
construction sector will be recorded at 4 to 5 percent in 2014
instead of the 5.2% projected in the government budget. ($1 – AMD
476.51).–0—–

http://arka.am/en/news/economy/construction_in_armenia_falls_4_3_to_amd_433_2_billion_in_2014/#sthash.RSaFmK3e.dpuf

VivaCell-MTS And The Center Of Management Technologies Of Yerevan Pr

VIVACELL-MTS AND THE CENTER OF MANAGEMENT TECHNOLOGIES OF YEREVAN PROVIDED INTERNET IN THE BRANCHES OF THE CITY CENTRAL LIBRARY AFTER AVETIK ISAHAKYAN

05-02-2015 18:04:28 | Armenia | Science and Technology

Armenia’s leading telecommunications operator VivaCell-MTS
provided a number of libraries in Yerevan with modern information
infrastructures. Wi-Fi corners were created in all branches of
City Central Library after Avetik Isahakyan managed by the Yerevan
Municipality. 13 3G-compatible Wi-Fi routers with “Home Zone Turbo”
Internet package were donated to the branches of the library.

The wish to encourage reading lies in the core of this initiative
implemented jointly by the state and private sectors. The project makes
the use of innovative technologies easier for the young generation,
its target group. The number of users of the rich information available
on the Internet grows year by year. According to statistics, within
the last year alone the number of patrons of the above-mentioned
libraries has grown by around 13 000 people. The cost of the project
is over AMD2.4 million per year. In general, AMD 4.8 million has been
allocated for the implementation of the whole project.

Taking into account the efficiency of the program, the cooperating
sides have decided to expand it.

It is planned to provide Internet access to four more cultural centers
in the current year: the Museum of History of Yerevan, the Modern Art
Museum of Yerevan, Karen Demirchyan Museum and the Erebuni Historical
and Archeological Museum-Reserve.

– Science and Technology News from Armenia and Diaspora – Noyan Tapan –
See more at:

http://www.nt.am/en/news/202010/#sthash.QXIUbHOs.dpuf

Armen Ghahramanyan Appointed Head Of Vazgen Sargsyan Military Instit

ARMEN GHAHRAMANYAN APPOINTED HEAD OF VAZGEN SARGSYAN MILITARY INSTITUTE

12:49 | February 6,2015 | Politics

Serzh Sargsyan has signed a decree to appoint Major-General Armen
Ghahramanyan Head of the Military Institute after Vazgen Sargsyan.

The former head of the Institute, Lieutenant-General Martin
Karapetyan, was relieved of his duties earlier this week, following a
tragic incident that occurred at the Institute last week.

Soldier Haykaz Barsegyan was found hung in the gym of the Institute on
January 29. On Monday, February 2, four Armenian soldiers were charged
with the murder of Haykaz Barseghyan.

http://en.a1plus.am/1205502.html

Oligophrenic?: Russian Media Claim Gyumri Massacre Suspect Has ‘Ment

OLIGOPHRENIC?: RUSSIAN MEDIA CLAIM GYUMRI MASSACRE SUSPECT HAS ‘MENTAL RETARDATION’

News | 06.02.15 | 10:55

By Naira Hayrumyan
ArmeniaNow correspondent

The case of the murder of a seven-member family in Gyumri may be
taking a whole new turn as Russian media have published results
of a journalistic investigation claiming that the prime suspect,
serviceman of the Russian military base Valery Permyakov, has a
history of mental illness and was allegedly “oligophrenic”, which is
a mental retardation.

In particular, Russian Lifenews TV channel published the results of
interviews with the commander of a unit and doctors, according to
whom before being transferred to Gyumri Permyakov had been treated
in a psychiatric hospital for a month.

Moreover, the unit commander and the commissar are already held
accountable for drafting a sick person and sending him for service
abroad.

In Armenia, this information provoked a strong reaction – many feel
that the Russians simply try to justify the heinous crime allegedly
committed by their serviceman and do not want to hand him over to
Armenian justice.

Thousands of Gyumri residents staged protests near the Russian
consulate and the military base on January 15 demanding that Permyakov
be transferred to Armenian law-enforcement bodies. One of the
participants of the protests, Mnatsakan Alexanyan, was later arrested.

Gyumri-based political analyst Gagik Hambaryan thinks that the
arrest of Alexanyan may cause a new wave of protests in Gyumri,
especially that the demand of the people has not been met despite
the information that Armenian Prosecutor General Gevorg Kostanyan
had sent a corresponding letter to his Russian counterpart.

Russia’s refusal to transfer the suspected criminal to Armenia is
interpreted in two ways.

First, it is believed that this way Russia is trying to prove the
supremacy of its Constitution in Armenia, violating the right of
Armenia to sovereign justice.

Secondly, some suspect that the Russian side may be keeping Permyakov
to ensure that he does not tell Armenian investigators a different
version of events. Media have written a lot about the great likelihood
that Permyakov was not alone in committing the crime and that it
could have been an act committed by a group involving either other
Russian servicemen or “agents of third countries”. And, according to
this version, Russia is doing everything for these theories never to
be developed.

Now declaring Permyakov to be “oligophrenic”, the Russian side may
even allow Armenian investigators to have immediate access to him. Now
Permyakov can tell anything and whatever he says will only be taken as
“delirium of a mentally ill person”.

One cannot, of course, exclude that Permyakov may have some mental
problems and that it was him alone who committed the monstrous crime.

But Russia’s persistent unwillingness to hand him over to the Armenian
side prompts that there may be another version, which is much more
disadvantageous to Russia than declaring its soldier mentally ill
and admitting that unhealthy people can be sent to the Russian base.

http://armenianow.com/news/60401/armenia_permyakov_russia_gyumri_family_murder

Russian, Armenian Prime Ministers Discuss Bilateral Agenda

RUSSIAN, ARMENIAN PRIME MINISTERS DISCUSS BILATERAL AGENDA

20:14, 05 Feb 2015
Siranush Ghazanchyan

In view of the forthcoming meeting of the Eurasian Economic Union’s
inter-government commission at the head-of-government level, due
Friday, the prime ministers of Russia and Armenia have discussed the
bilateral agenda and integration cooperation.

“This is our first meeting since Armenia has joined our integration
project, the Eurasian Economic Union, I mean,” Russian Prime Minister
Dmitry Medvedev said at a meeting with his Armenian counterpart
Hovik Abrahamyan.

In 2014 Russian-Armenian trade went up 3.2% on the year to $1.5
billion. Russia is the largest foreign investor into the Armenian
economy. Its accrued foreign investment stands at about $3.4 billion.

http://www.armradio.am/en/2015/02/05/russian-armenian-prime-ministers-discuss-bilateral-agenda/

The Khartoum Regime, And The National Prayer Breakfast

THE KHARTOUM REGIME, AND THE NATIONAL PRAYER BREAKFAST

Sudan Tribune
Feb 5 2015

By Eric Reeves

The “National Prayer Breakfast”–a sixty-two year tradition in
Washington, held annually on the first Friday in February–will this
year commemorate the 100th anniversary of the Armenian genocide.

Bringing together a wide range of guests from all fifty states and
more than 100 countries, the event is hosted by the U.S. Congress
and is designed to facilitate engagement between various social and
religious groups. This year President Obama and the Dalai Lama are
headline guests.

But we must wonder about the appropriateness of one of those invited,
Foreign Minister Ali Ahmed Karti of the National Islamic Front/National
Congress Party regime in Khartoum, Sudan. Any perusal of Karti’s
“record of service” to this cabal of genocidaires should make all
in attendance uneasy, particularly given the terrible genocide of a
century ago that is being commemorated on this occasion.

For Karti has long been a key member of the regime and done some of
its dirtiest work, particularly as head of the Popular Defense Forces
(PDF)–a militia organization notorious for its savage attacks on
civilians (Karti was appointed in 1997). The PDF were particularly
active in the Nuba Mountains of South Kordofan, where the Nuba
people were targeted for most of the 1990s in a brutal campaign of
extermination. No student of the period characterizes the actions by
Khartoum and its military and militia forces in the Nuba Mountains
as anything other than genocide.

And Karti is presently the international face of a regime that remains
committed to genocidal counter-insurgency in Darfur. Indeed, efforts
to destroy the lives and livelihoods of the non-Arab or African tribal
populations of Darfur have accelerated dramatically over the past
three years, particularly in 2014, when some 500,000 people were newly
displaced. The UN Panel of Experts on Darfur has recently reported
that in the first five months of 2014, more than 3,300 villages were
destroyed–overwhelmingly those of the region’s African tribal groups.

As has long been the case, displacement and violence in Darfur
correlate extremely highly. North Darfur is presently the region
that is enduring the worst atrocities committed against civilians,
including mass rape, indiscriminate bombardment of civilian targets,
village destruction, land appropriation, and murder on a large scale.

Again, the targets are inevitably the African tribal groups of the
region perceived as supporting the long-standing rebellion; and
Khartoum is using not only its regular Sudan Armed Forces (SAF),
but the new Arab militia force known as the Rapid Response Forces
(RSF), a part of the legacy of the PDF that Ali Karti once headed.

Currently some 3 million Darfuris are internally displaced or refugees
in eastern Chad; many more are in critical need of relief efforts,
efforts by distinguished international humanitarian organizations
that Khartoum has, for more than a decade, systematically obstructed,
harassed, expelled, and intimidated.

And yet Karti has attempted during his tenure as Foreign Minister–he
was appointed in January 2010–to minimize the genocidal destruction
in Darfur. In August 2011, speaking to a pending UN resolution–Karti’s
office declared at his behest:

“The resolution is full of negative and obsolete references to be
resolved within the framework of the tripartite mechanism, such as
visa problems and allegations of aerial bombardment and the violation
of human rights,” the foreign ministry said. (Agence France-Presse
[Khartoum], 2 August 2011.

In fact, what Karti referred to as “allegations” had for years been
substantiated by every human rights group working on Darfur (until
they were all expelled, along with all independent journalists). These
include Human Rights Watch, Amnesty International, and Physicians
for Human Rights. The civilian bombings were and have continued to be
verified by the UN Panel of Experts on Darfur. To refer to confirmed
atrocity crimes as mere “allegations” tells us that above all, Karti
represents the NIF/NCP regime, not the people of Sudan. And there
is nothing “obsolete” about the daily reports of atrocity crimes
committed in Darfur.

In short, Khartoum continues to wage genocidal counter-insurgency war
in Darfur, and efforts by Karti to minimize these realities make him
deeply complicit.

The regime Karti represents to the world also continues its campaign
of more than three years against the people of the Nuba Mountains and
Blue Nile State. Relentless aerial and ground assaults in the two
areas have left more than one million people displaced and without
humanitarian resources; many are close to starvation because Khartoum
has imposed an embargo on all relief efforts in areas controlled by
the Sudan People’s Liberation Movement/Army-North (SPLM/A-N). It is
nothing less than a repeat of the genocidal campaign of the 1990s
in the Nuba. And for this, too, Karti makes no apology–even when
SAF combat aircraft deliberately strike at hospitals, as has been
the case at the Mother of Mercy Hospital in Gidel and the Doctors
Without Borders/Medecins Sans Frontières (MSF) hospital in Frandala,
South Kordofan. The latter, winner of the 1999 Nobel Peace Prize,
has been attacked twice in the past year, despite apprising Khartoum
of their location.

Because Karti is well-spoken, and has made some of the right noises
for Western audiences, he is the point-person in Khartoum’s present
charm offensive, particularly as it is addressed to the U.S. and the
Obama administration. Karti has met with former Secretary of State
Hillary Clinton and twice with current Secretary of State John Kerry.

The effort, evidently encouraged by the Obama administration, is to
achieve a detente between Washington and Khartoum. So lustful for
counter-terrorism intelligence is the Obama administration that it
is willing to overlook all the crimes this regime must answer for.

Notably, for example, at a meeting on October 1, 2013,

Secretary of State John Kerry met his Sudanese counterpart [Karti] for
talks on Monday on the South Sudan peace process and conflict-hit areas
like Darfur, but did not raise U.S. concerns over the government’s
crackdown on protesters, the State Department said.

(Reuters [UN/New York], 1 October 2013)

This meeting followed immediately upon an extraordinarily bloody
effort by the regime to put down a popular uprising over rapidly
declining economic conditions. Amnesty International reported at the
time that security personnel had been given “shoot to kill” orders in
dealing with demonstrators, and many hundreds were killed or wounded in
Khartoum, Omdurman, and other major towns in Sudan. Kerry knew this,
but chose not to raise the issue with Karti. Karti for his part would
have subsequently reported to the genocidaires in Khartoum that the
U.S. was not inclined to press the regime on human rights abuses
of the worst sort, this in exchange for putative counter-terrorism
intelligence provided by Khartoum (which hosted Osama bin Laden from
1992 – 1996, the years during which al-Qaeda came to fruition).

Nor has the Obama administration pushed for a humanitarian corridor
to be opened to the people of the Nuba or Blue Nile; indeed,
the administration never speaks about these scenes of terrible
human suffering and destruction. Thousands have already died from
malnutrition and disease, and some 200,000 have fled to Ethiopia or
South Sudan. People have fled their homes and villages to live in caves
or ravines–desperate to escape the shrapnel-loaded barrel bombs that
are a daily reality, particularly in the Nuba. For this Karti makes
no apology; indeed, he and other civilians in the regime have long
ceded decisions about war and peace to senior military officials.

One of these men, Defence Minister Abdel Rahim Mohamed Hussein,
has been indicted by the international Criminal Court for massive
crimes against humanity in Darfur; President and Field Marshal Omar
al-Bashir has been indicted by the Court on multiple counts of crimes
against humanity and genocide.

The failure of the Obama administration to push hard and publicly
for a humanitarian corridor to provide food, medicine, and shelter to
many hundreds of thousands of human beings gives us all too clear a
picture of the cost of doing business with the regime Karti represents.

Karti has arrived in the U.S. for the National Prayer Breakfast with
a visa issued by the Obama administration’s State Department. He
is accompanied by a less conspicuous but no less savage regime
survivalist, political secretary of the NIF/NCP Ibrahim Ghandour, who
was also issued a visa by the State Department. Ghandour’s views are
revealed in the leaked minutes of a secret August 31, 2014 meeting of
the most senior military and security officials, where he reveals his
support for (among other policies) a scorched-earth campaign in the
Nuba Mountains, designed to “starve”–the word accurately translates
the Arabic–the Nuba people by burning their fall sorghum crop, the
staple grain of the region. His comments from the minutes are excerpted
and annotated at . His main task is clearly to
rig the “re-election” of President al-Bashir; and the lengths to which
the regime is prepared to go to orchestrate a “legitimizing” electoral
process are both extraordinary and extraordinarily comprehensive–and
completely corrupt.

The Obama administration has already declared its willingness to stand
by the regime despite its record of serial genocides, which includes
the massive human destruction and displacement of the Nuer people
during the “oil war” (1997 – 2002) in what was then Western Upper
Nile, now Unity State. Karti’s PDF militias were active participants
in the conflict at this point. Former special presidential envoy for
Sudan, Princeton Lyman, declared in late 2011–after the campaigns
of annihilation were well underway in South Kordofan and Blue Nile,
and continuing in Darfur:

“We do not want to see the ouster of the [Khartoum] regime, nor
regime change. We want to see the regime carrying out reform via
constitutional democratic measures.” (Asharq Al-Awsat, 3 December
2011 |

By “we” Lyman meant the Obama administration, which has expediently
indulged this preposterous political scenario. This is the same
administration that decided to “de-couple” Darfur from the issue of
real strategic interest: counter-terrorism cooperation with Khartoum.

The word “de-couple” was used by an unnamed senior State Department
official, but was reported in the official transcript.

The Armenian genocide should be commemorated at a National Prayer
Breakfast; the refusal to recognize this genocide–and the belated
recognition by much of the world–is a failure to acknowledge the
terrible suffering and destruction of the Armenian people a century
ago–it remains a “stain on our soul.” But this is the same phrase
that candidate Obama used to describe Darfur in 2007:

“When you see a genocide in Rwanda, Bosnia or in Darfur, that is a
stain on all of us, a stain on our souls … . We can’t say ‘never
again’ and then allow it to happen again, and as a president of the
United States I don’t intend to abandon people or turn a blind eye
to slaughter.” ( )

Obama’s attendance at this year’s National Prayer Breakfast,
in the company of Khartoum’s Foreign Minister Ali Karti, signals
precisely that he is “turning a blind eye” to realities in Darfur,
South Kordofan, and Blue Nile–that he has “abandoned” them to on
the going slaughter in which Ali Karti is deeply complicit.

It is a day of national disgrace.

The views expressed in the ‘Comment and Analysis’ section are solely
the opinions of the writers. The veracity of any claims made are the
responsibility of the author not Sudan Tribune.

If you want to submit an opinion piece or an analysis please email
it to [email protected]

Sudan Tribune reserves the right to edit articles before publication.

Please include your full name, relevant personal information and
political affiliations.

http://wp.me/p45rOG-1AO
http://www.asharq-e.com/news.asp?section=3&id=27543
https://www.youtube.com/watch?v=QEd583-fA8M#t=15
http://allafrica.com/stories/201502050448.html

Jailed Azerbaijan Activist’s Health ‘Irreversibly Deteriorating’

JAILED AZERBAIJAN ACTIVIST’S HEALTH ‘IRREVERSIBLY DETERIORATING’

Agence France Presse
February 4, 2015 Wednesday 4:16 PM GMT

Baku, Feb 4 2015

Top Azerbaijani activist Leyla Yunus, who is being held in jail on
treason charges, has lost 16 kilos over the past six months and her
health is irreversibly deteriorating, her lawyer said on Wednesday.

“Doctors say that Leyla Yunus is suffering from liver necrosis,”
lawyer Elchin Gambarov told AFP.

“She has lost over 16 kilograms (35 pounds) since her arrest,” he said,
citing doctors.

Foreign and local doctors, who examined Yunus in December and January,
“believe the symptoms confirm irreversible medical processes,”
he added.

Doctor Christian Witt of the Berlin-based Charite hospital, who
examined Yunus last month, declined to comment.

Accused of spying for arch-enemy Armenia, Yunus, 59, and her husband
Arif were arrested and placed in pre-trial detention last summer.

The activist’s lawyer said in September that she had been beaten in
a pre-trial detention centre.

Azerbaijan’s justice ministry denied the claim.

Yunus heads one of the ex-Soviet republic’s leading rights groups,
the Institute for Peace and Democracy, in the capital Baku.

She has won several international prizes for her work, and has
collaborated with Armenian activists advocating the reconciliation of
the two countries, which have been locked in a decades-long conflict
over the disputed Nagorny Karabakh region.

Dissent in Azerbaijan is often met with a tough government response.

Rights groups say the government has stepped up pressure on opponents
since President Ilham Aliyev’s election for a third term in 2013.

Western governments and human rights groups have expressed concern
about Yunus’s prosecution.

Tigran Sargsyan Follows The Example Of Kim Kardashian: N. Zohrabyan

TIGRAN SARGSYAN FOLLOWS THE EXAMPLE OF KIM KARDASHIAN: N. ZOHRABYAN

14:24 | February 5,2015 | Politics

There are failures in all the spheres in Armenia. Today BHK deputy
Naira Zohrabyan said during the conference of “Non governmental
political and social powers” and added that the people, who have
caused those failures, today hold high posts, “One of them is now in
the USA and following the example of Kim Kardashian is doing photo
shoots on Facebook. It is a result of complete impunity.”

Mrs. Zohrabyan also remembered the year-end financial shocks, “The
whole republic was in panic because of dollar-dram fluctuations and
our authorities were paralyzed and the only news at the beginning
of the year was that Azerbaijani thief in law was deprived of that
title in Armenia, what an honor for Armenia!”

BHK deputies don’t blame the Constitution for that and the authorities
do those reforms for keeping their posts.

Today BHK deputy Naira Zohrabyan said during the conference of “Non
governmental political and social powers” and added that the people,
who have caused those failures, today hold high posts, “One of them
is now in the USA and following the example of Kim Kardashian is
doing photo shoots on Facebook. It is a result of complete impunity.”

Mrs. Zohrabyan also remembered the year-end financial shocks, “The
whole republic was in panic because of dollar-dram fluctuations and
our authorities were paralyzed and the only news at the beginning
of the year was that Azerbaijani thief in law was deprived of that
title in Armenia, what an honor for Armenia!”

BHK deputies don’t blame the Constitution for that and the authorities
do those reforms for keeping their posts.

http://en.a1plus.am/1205420.html

Government-Proposed Tax Preferences For Large Exporters Slammed By A

GOVERNMENT-PROPOSED TAX PREFERENCES FOR LARGE EXPORTERS SLAMMED BY ARMENIAN OPPOSITION

YEREVAN, February 5. /ARKA/. On Thursday, the National Assembly
of Armenia discussed a government-proposed bill implying a tenfold
abatement of profit tax (to 2%) for large exporters from Armenia.

Deputy Finance Minister Vakhtang Mirumyan, presenting the bill to the
lawmakers, said it is aimed at attracting fresh foreign investment,
which should be used to boost Armenian exports.

He explained that the dramatic drop in income taxes is for companies,
which will have government-approved plan of actions to boost their
exports up to at least 50 billion drams, which should be reflected
in the companies’ accounts in resident Armenian banks.

The preferences apply only to exported products, not those goods sold
in Armenia’s territory.

According to him, the bill is aimed at attracting fresh foreign
investment, which should be used to boost Armenian exports. Mirumyan
described the proposed change as ‘unprecedented.’

In his words, the two-percent tax would be an unprecedented incentive
for exporters.

“In fact, the government refuses tax revenues in order to stimulate
producers and promote creation of new jobs and economic growth,”
said Mirumyan.

He also said that the proposed change provides for special regulatory
measures to prevent attempts of companies to artificially reduce
their tax payments.

He said the change will not apply to Armenian mining companies.

According to him, no company in Armenia meets now this requirement,
‘however, we are negotiating with some foreign investors that could
be attracted by the proposed change’.

The opposition factions, however, reacted angrily to the bill finding
the deputy minister’s arguments not convincing.

Tevan Poghosyan, an MP from heritage opposition party, said the
profit tax abatement from 20% to 2% for large exporters will give
room for appearance of bogus companies that will enjoy this local
tax preference.

he said.

Another opposition MP, Khachatur Kokobelyan, leader of the Free
Democrats party, said it is unclear whom this reform targets.

He said nobody disputes the significance of large companies’
activities for Armenia’s economy, but . Lawmakers from Armenian
Revolutionary Federation/ Dashnaktsutyun, Orinats Yerkir party and
the Armenian National Congress said they will vote against the bill
since it doesn’t solve problems.

said Heghine
Bishryan, head of Orinats Yerkir faction. Remarkable is that even some
MPs from the ruling Republican Party of Armenia put the reasonability
of the bill into question.

In particular, Vahram Baghdasaryan, head of the party’s faction in the
parliament, said that support for big exporters should not harm others.

he said.

ôhe bill will be put to vote on February 23. ($1- AMD
476.51). —-0—–

http://arka.am/en/news/business/opposition_legislators_in_armenia_slam_government_proposed_tax_preferences_for_large_exporters/#sthash.yfQ64Uvm.dpuf