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Central Bank of Armenia: exchange rates and prices of precious metals – 23-02-22

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 17:29,

YEREVAN, 23 FEBUARY, ARMENPRESS. The Central Bank of Armenia informs “Armenpress” that today, 23 February, USD exchange rate up by 0.35 drams to 478.78 drams. EUR exchange rate up by 1.78 drams to 543.46 drams. Russian Ruble exchange rate up by 0.04 drams to 6.03 drams. GBP exchange rate up by 1.43 drams to 651.19 drams.

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

Gold price up by 108.29 drams to 29248.49 drams. Silver price up by 4.50 drams to 369.59 drams. Platinum price up by 150.67 drams to 16732.34 drams.

Ukraine Crisis Proves Tense for Armenia

Feb 23 2022

Yerevan faces uncomfortable choice between political and diplomatic alliances.


Analysts in Armenia warn that the standoff between Russia and NATO over Ukraine may impact deeply on the South Caucasus nation, whose foreign policy is a balancing act between socio-economic ties with the West and security relationships with Moscow.

Yerevan’s relations with Russia, NATO and the EU place it in a difficult spot, explained Tigran Grigoryan, former member of the Armenian Security CouncilYerevan has yet to respond to Russia’s February 21 recognition of the self-proclaimed Donetsk and Luhansk People’s Republics as independent states.

“The intensification of confrontation, when small and vulnerable countries will have to make a choice, is the most undesirable scenario for Armenia,” Grigoryan said.

Moscow is Yerevan’s closest military ally. Armenia hosts the Russian 102nd military base in the country’s second largest city, has about 3,500 Russian troops on its soil and depends on the Kremlin’s mediation in its fragile relation with Azerbaijan over Nagorny Karabakh.

It is also a member of two Russia-led entities – the Collective Security Treaty Organisation (CSTO), which deployed peacekeepers to Kazakstan in the wake of violent riots in early January, and the Eurasia Economic Union, which Yerevan chose to join over the association agreement with the EU.

There is still resentment in Armenian society over the CSTO intervention during the recent unrest in Kazakstan, whereas it refused to become involved when Azerbaijani troops entered the Armenian territory six months after the second Karabakh war.

The EU, meanwhile, is a key socio-economic partner as Brussels provides critical funding to implement reforms and build infrastructure. In March 2021, the Comprehensive and Enhanced Partnership Agreement (CEPA) entered into force, paving the road to cooperation in a wide range of areas from improving legislation, rule of law and human rights to strengthening businesses and education.

Then there is NATO. Armenia is a partner of the Alliance, through the Individual Partnership Action Plan (IPAP), which provides assistance especially in the field of military education, and has contributed troops to NATO missions in Kosovo and Afghanistan.

Caucasus Institute director Alexander Iskandaryan said that the countries of the South Caucasus would now feel the consequences of stronger Russian influence.

“However, the impact will be different, because all three states are at different levels of relations with Russia and NATO and have different potential to uphold their sovereignty,” Iskandaryan said. “Armenia is in the geopolitical orbit of Russia; Georgia follows the course of NATO and EU accession and Azerbaijan is an ally of Turkey, the country with the second most powerful army in NATO.”

On February 22, the day after officially recognising Ukraine’s breakaway regions as independent states, Russian President Vladimir Putin met his Azerbaijani counterpart Ilham Alyiev in Moscow. Putin stated that “Russia supports the sovereignty of its neighbours…Ukraine is different… the territory of this country is used by third countries to create threats against the Russian Federation.” 

Armenians question why Russia has recognised Donetsk and Luhansk as independent, whereas in the case of Karabakh concurred with international opinion regarding Azerbaijan’s territorial integrity.

Stepan Grigoryan, head of the Analytical Centre for Globalisation and Regional Cooperation (ACGRC) said that the declaration on allied cooperation between Russia and Azerbaijan was a “serious document” and may have a “decisive role in Moscow’s position on the ‘ownership’ of Karabakh,” the security of which after the 2020 war is provided by Russian peacekeepers, while Armenia’s capabilities in the region are significantly limited.

Grigoryan distinguished three main factors in Russia’s policy.

“First, a certain historical inertia persists in Russian policy. In this case, Russian President Vladimir Putin, in a way, continues the policy of the Bolsheviks of the USSR, when they decided to incorporate Karabakh into Azerbaijan. The second factor is Turkey, which is very important for Russia, especially amidst the geopolitical confrontation with NATO; Russia wants to use Turkey in its disagreements with the West- similar to the times when Turkey was very important for Soviet Russia in its confrontation with the Entente. And the third is Azerbaijan, which has become very important for Russia over the past 30 years,” Grigoryan told IWPR.

For now, Yerevan appears to be taking a wait-and-see approach to the crisis in Ukraine.

Iskandaryan said the Armenian authorities would not rush to take a position, adding,

“There will be an official response, it will be calm, restrained and measured.”

“There is no unified position on the issue and I don’t think that we should definitely respond to processes that we have no influence on,” a member of Nikol Pashinyan’s political team told IWPR on condition of anonymity.

The day after Russia’s recognition of the self-proclaimed republics, the Euronest parliamentary assembly – the forum bringing together members of the European Parliament and lawmakers from Ukraine, Moldova, Armenia, Azerbaijan and Georgia – met in Yerevan.

Maria Karapetyan, the head of the Armenian delegation and a deputy from the ruling Civil Contract party, abstained from voting when the forum adopted a resolution on the situation in Ukraine.

She said, “I hope it will be possible to maintain peace and ease tension with the help of dialogue. I will not comment on other issues yet.”

Responding to IWPR’s questions about developments in Ukraine, Andranik Kocharyan, chairman of the standing committee on security and defence, said only, “We hope that the situation around Ukraine will stabilise.”

 

Azerbaijani MPs visit Armenia for the first time in a decade

Feb 22 2022
 

Official photo.

Two Azerbaijani MPs have visited Yerevan as participants in the Euronest Parliamentary Assembly hosted by Armenia. The last time Azerbaijani MPs had stepped foot on Armenian soil was in 2012.

MPs Tahir Mirkishili and Soltan Mammadov arrived in Armenia on 21 February. 

The Euronest Parliamentary Assembly is an inter-parliamentary forum of the members of the European Parliament and the national parliaments of Ukraine, Moldova, Armenia, Azerbaijan, and Georgia.

The arrival of the MPs was met by a small group of protesters holding a demonstration near hotel where the MPs would be staying. 

The protest continued on Tuesday outside of the Karen Demirchyan Complex, where the plenary session was being held. One of the protest organisers, former Chief of Staff of the Constitutional Court of Armenia Edgar Ghazaryan, told reporters that they were protesting not only the ‘arrival of the Azerbaijani delegates’ but also ‘the situation with democracy in Armenia’.

‘Today, the presence of Azeris here has symbolism, because back in 2021, the President of Azerbaijan Ilham Aliyev announced that the Azeris, taking the so-called Zangezur corridor, will return to Yerevan, and it is not necessary that they will come and take Yerevan by tanks’, Ghazaryan said. 

He added that there was the impression of a ‘connection between the presence of high-ranking Azerbaijani delegates and Aliyev’s statement’. 

Naira Zohrabyan, a former MP from the opposition Prosperous Armenia party who was also at the protest, said that Armenia should have included the question of remaining prisoners-of-war in Azerbaijani custody on the agenda. 

Armenian Prime Minister Nikol Pashinyan met with the Euronest delegation on Monday, one of the members of which was the Azerbaijani MP Tair Mirkishili, who is a  co-rapporteur on issues relating to the pandemic.

Mirkishili is from Azerbaijan’s ruling New Azerbaijan Party. He is also the chair of Azerbaijan’s Parliamentary Committee on Economic Policy, Industry, and Entrepreneurship and is a member of the Azerbaijani delegation to the OSCE Parliamentary Assembly.

The main session of the parliamentary assembly took place on Tuesday. During the session, the Azerbaijani MP Soltan Mammadov, an independent member of the Azerbaijani Parliament, spoke about the ‘reintegration of the Armenian ethnic minority [of Nagorno-Karabakh] as equal citizens of Azerbaijan’.

‘Azerbaijan is in favour of the restoration of all relations with Armenia. This will bring peace and security, at the same time economic benefits to our region’, he said. ‘This will turn the region into a bridge between north and south, east and west’.

He also commented on Armenian POWs in Azerbaijan, denying their status as prisoners-of-war, as ‘all the prisoners of war and detainees were returned to Armenia after the war’.  

‘Now there is a discussion under international law about the people who were arrested after the war,’ Mammadov said. 

Contrary to Mammadov’s position, international rights organisations such as Human Rights Watch do not dispute the status of Armenian soldiers held captive in Azerbaijan as POWs. 

Tahir Mirkishili, in his turn, lamented the deaths of ‘thousands’ during the last war in both countries and called for peaceful relations between Armenia and Azerbaijan. 

‘We do not have racist aspirations, we do not want the use of force in the future’, he said. ‘All that is already in the past, now we have to talk about the future.’

The last plenary session of Euronest held in Yerevan was in 2015, and was held without the participation of the Azerbaijani delegation, who refused to come to Armenia. They did, however, come in 2012. 

Armenian MPs also visited Baku under the auspices of Euronest in 2017.

‘During such visits, taking into account the general context, the parties provide security guarantees to persons arriving at the other country. When Ms Mane Tandilyan and Armen Ashotyan left for Baku in 2017, they were given similar guarantees’, Maria Karapetyan, an MP from Armenia’s ruling Civil Contract party told reporters.

Apparently responding to criticisms from protest organisers, the Armenian Foreign Ministry released a statement affirming that Armenian Euronest participants brought up the questions of POWs.

‘Minister Mirzoyan stressed the need to repatriate Armenian prisoners of war and civilians detained illegally in Azerbaijan’, the statement reads.  


Central Bank of Armenia: exchange rates and prices of precious metals – 18-02-22

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 17:48,

YEREVAN, 18 FEBUARY, ARMENPRESS. The Central Bank of Armenia informs “Armenpress” that today, 18 February, USD exchange rate up by 0.62 drams to 479.00 drams. EUR exchange rate up by 1.18 drams to 544.62 drams. Russian Ruble exchange rate up by 0.02 drams to 6.32 drams. GBP exchange rate up by 1.89 drams to 652.49 drams.

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

Gold price up by 512.22 drams to 29159.52 drams. Silver price up by 1.77 drams to 363.21 drams. Platinum price up by 575.20 drams to 16616.82 drams.

Upcoming Turkey Cabinet meeting includes discussion on Armenia normalization

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 13:42,

YEREVAN, FEBRUARY 15, ARMENPRESS. The process of normalizing the relations with Armenia will be touched upon at the February 16 meeting of the government of Turkey, Hurriyet reports.

The session will also cover issues relating to the ongoing developments in the Turkish economy, particularly the high inflation, the current tension in the Russia-Ukraine relations and Turkey’s steps on this matter, the preparation works for the upcoming visit of Russian President Vladimir Putin to Turkey, etc.

The current situation in the talks at the level of special representatives of Armenia and Turkey will also be discussed.

Armenpress: A multi-profile shopping center to be opened in Moscow to facilitate the entry of Armenian producers to Russian market

A multi-profile shopping center to be opened in Moscow to facilitate the entry of Armenian producers to Russian market

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 21:06,

YEREVAN, 15 FEBRUARY, ARMENPRESS. In order to stimulate exports from Armenia and support entrepreneurs, the Armenian Businessmen Association together with the Ministry of Economy of the Republic of Armenia held the presentation of “Bukhta Yug” retail-wholesale multi-profile trade center in Yerevan, ARMENPRESS reports the interested businessmen were introduced to the details and conditions of being involved in the work of the center.

“The development of the Armenian infrastructure in different countries is very important, because through them Armenian goods reach the consumers of these countries much easier. I welcome the creation of the Bukhta Yug shopping center, where Armenian products can be sold on the Russian market without risks. Bukhta Yug is a huge trading platform where one can sell Armenian agricultural products both wholesale and retail on favorable terms,” said Economy Minister Vahan Kerobyan.

He added that his ministry is ready to do everything possible so that the new Bukhta Yug becomes demanded and works efficiently. He urged Armenian exporters and traders to give preference to this particular infrastructure.

“Armenian agricultural producers and exporters have always faced this problem, and the chairman of the Tashir group of companies, Samvel Karapetyan, ordered the creation of an economic trade zone open to Armenian producers and endowed with priority rights. Today, one of the largest shopping centers in Moscow has already been purchased, and we have prepared interesting offers for Armenian manufacturers and exporters,” said Narek Karapetyan, First Vice President of the Tashir Group of Companies, urging Armenian exporters to be active.

During the event, Viktor Grigoryan, general director of the Bukhta Yug shopping center, presented the advantages of the center, the commercial success already achieved and the conditions for renting the pavillions.

“Today, two Bukhta centers are already operating in Moscow. The main concept of the project is the wholesale and retail sale of food products, as well as construction products and furniture. At the moment, more than 100,000 goods are presented in each center,” said Grigoryan.

The wholesale and retail center Bukhta Yug is the third such center in Moscow. The 270,000-square-meter center, which plans to open its doors to consumers in September 2022, will house more than 2,000 stores and pavilions. The shopping center will present various goods directly from suppliers: fabrics, clothing, building materials and food.

AZERBAIJANI press: Armenia not thrilled about detainees’ return from Azerbaijan

By Sabina Mammadli

The eight Armenian servicemen handed over by Azerbaijan back home on February 7 were interrogated immediately on the arrival, Baku-based news website Day.az has reported, citing Armenian media.

Parents, relatives, and friends of the detainees were unable to meet them because the Investigative Committee began interrogation immediately. Given the tragic experience of previous returnees from Azerbaijan, some of them will almost certainly be charged with multiple criminal cases – the charges against those returning from captivity are stamped one after the other.

The welcome back home was not so warm, as the interrogation was conducted in a tense atmosphere, with indignant relatives of the servicemen attempting to break the building’s windows. Six of them were released after the interrogation, and two were led to the recruitment office to resolve the issue of their service.

 

French ambassador to Armenia Anne Luyo and head of the EU delegation to Armenia Andrea Victorin greeted the returning citizens at the airport. There was no sign of the defence minister, the chief of General Staff, or te chairman of the parliamentary defence and security commission. The Armenian state does not provide all possible assistance to citizens, instead of relying on law enforcement agencies.

After the second Karabakh war, the Armenian army is in a demoralized state. Meanwhile, Armenians are skeptical that their Motherland will go to any length to ensure their safe return.

These are the realities of modern Armenia, where military personnel are used for selfish ends in the service of the state’s geopolitical ambitions. When the Karabakh conflict was still unresolved, the Armenian government issued illegal orders and sent soldiers to serve in Azerbaijan’s occupied territories.

Following government orders, the Armenian army regularly commits provocations on the state border with Azerbaijan now that the conflict has been resolved. However, after receiving a satisfactory response from the Azerbaijani armed forces, Armenia declares the detained soldiers to be traitors.

All of this is taking place at a time when Armenia is emphasizing the importance of normalizing relations with Azerbaijan and Turkey.

On February 7, Baku handed over back to Yerevan eight Armenian servicemen proceeding from the principle of humanism.

Some of them were the servicemen detained while the Azerbaijani armed forces prevented Armenia’s military provocation on the state border in Kalbajar region on November 16, 2021.

In response to Azerbaijan’s humanitarian gesture, Armenia is expected to provide information on Azerbaijani military and civilian citizens who were killed (and most likely buried in mass graves) during the first Karabakh war (1988-1994), as well as the location of their mass graves.

The issue was raised by Azerbaijani President Ilham Aliyev at an online meeting organized with the participation of Armenian Prime Minister Nikol Pashinyan, French President Emmanuel Macron and President of the European Council Charles Michel on February 7.

At the meeting, Aliyev underlined that Armenia had to provide information about the mass graves of Azerbaijani citizens that went missing during the first Karabakh war.

Aliyev said that 3,890 Azerbaijani citizens, including 71 children, 267 women and 326 elderly people went missing during the first Karabakh war.

On February 8, Azerbaijan urged the international community to put pressure on Armenia to fulfill its obligations regarding the fate of Azerbaijani citizens who went missing during the first Karabakh war (1988-1994).

The ministry stated that Armenia’s denial of its international humanitarian obligations, as well as promises made during the videoconference on February 4, is completely outside the moral, ethical, and legal framework in light of Azerbaijan’s discovery and return of the bodies of 1,708 Armenian servicemen.

Garbis Bezdjian Sponsors 100 Student Tuitions In Lebanon Through Western Prelacy

Western Prelate Bishop Torkom Donoyan with benefactor Garbis Bezdjian

Prelacy Executive Council member Garbis Bezdjian announced on February 5 that he will sponsor the tuition of 100 students on Lebanon for the 2022-2023 academic year.

This latest announcement is in response to Catholicos Aram I proclaiming 2022 as the “Year of the Diaspora,” for which Western Prelate Bishop Torkom Donoyan has worked tirelessly to lend a helping hand to the needy Armenians of the Diaspora, especially in Lebanon.

Prelate Donoyan, along with the Prelacy’s Religious and Executive councils expressed their commitment to assist Armenians in Lebanon who are facing extreme difficulties.

The Prelacy expressed its appreciation to all benefactors, sponsors and those who are aiding in this goal.

Sports: Paris FC set to add Armenian investor as club pushes for Ligue1 promotion

Feb 8 2022
8th February 2022

February 8 – Ligue 2 club Paris FC is poised to announce a new investor from Armenia in a reshuffle of their ownership structure.

In an interview with French daily Le Parisien, the club’s president Pierre Ferracci said: “It’s nearly secured and I’ll make it official very soon. It’s also a foreign group that’s coming with a sponsor. We continue to reinforce the capitalist structure of Paris FC.”

The group reportedly represents Armenian interests and will be accompanied by the sports betting company Vbet.

Ferracci, the founder of the Alpha Groupremains the main shareholder of the club, but in 2020 the Kingdom of Bahrain acquired a 20% stake to provide new funds for Paris FC. Last year, Anglo-Sri Lankan telecommunication company Lyca Mobile obtained a 10% stake.

After 23 match days, the club sit in second place in the Ligue 2 table, on 44 points, a point behind league leaders Toulouse.

Paris FC last played in the top flight in the 1978-1979 season. Across town, Paris Saint-Germain have spent hundreds of millions in a bid to win the Champions League ever since the club was acquired by QSI in 2011.

Parliament expands family survivor benefits for military

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 10:43, 9 February, 2022

YEREVAN, FEBRUARY 9, ARMENPRESS. The Armenian parliament unanimously approved the bill by ruling Civil Contract party MP Hayk Sargsyan seeking to expand the military’s family survivor benefit beneficiaries.

The Insurance Foundation of Servicemen pays compensations to family members of servicemembers of the Armed Forces who die or go missing while in service. By the new law, if the servicemember doesn’t have parents, a spouse or children, then their sister, brother or grandparents are eligible to receive the compensation.

The bill passed with 92 votes in favor, 0 against.

Moreover, if a servicemember was factually in “marital relations” but didn’t have a marriage certificate, then the person with whom the servicemember was in these relations is eligible for the compensation.