Armenia adopted the Declaration of Independence 32 years ago today

Public Radio of Armenia
Aug 23 2022

On August 23, 1990 the Supreme Council of the Soviet Socialist Republic of Armenia adopted Armenia’s Declaration of Independence, ending decades of Soviet rule and beginning a new chapter in history.

The adoption of the Declaration marked the start of the process of establishment of independent statehood positioning the question of the creation of a democratic society based on the rule of law.

The country was renamed the Republic of Armenia and a year later, on September 21, 1991 Armenia became an independent state.

То guarantee the security of the country and the inviolability of its borders, the Republic of Armenia created its own armed forces, internal troops, state bodies and public security under the jurisdiction of the Supreme Council.

Under the Declaration, the Republic of Armenia guaranteed the use of Armenian as the state language in all spheres of the Republic’s life, created its own system of education and of scientific and cultural development.

This declaration served as the basis for the development of the Constitution of the Republic of Armenia.

Armenian PM congratulates Moldova’s President on Independence Day

 

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 15:56,

YEREVAN, AUGUST 27, ARMENPRESS. Prime Minister of Armenia Nikol Pashinyan sent a congratulatory letter to President of Moldova Maia Sandu on the occasion of the national day, the PM’s Office said. 

The letter reads:

“Dear Mrs. President, 

I warmly congratulate you on the national day of Moldova – the Independence Day.

I reaffirm our sincere desire to develop the mutually beneficial cooperation with Moldova, that is based on friendship, trust and mutual respect, at all possible directions and in different platforms. 

By using this chance, I wish you, dear Mrs. Sandu, good health and success in all your initiatives, and to the good people of Moldova – peace and welfare”.

Embassy of Kazakhstan offers condolences over Yerevan explosion

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 10:12,

YEREVAN, AUGUST 17, ARMENPRESS. The Embassy of Kazakhstan in Armenia expressed condolences over the Surmalu market explosion in Yerevan.

“The Embassy of the Republic of Kazakhstan in the Republic of Armenia is expressing deep condolences on the deaths which resulted from the explosion in the Surmalu trade center in Yerevan. We wish swift recovery to all who were injured,” the embassy said.

Artsakh’s Herher and Machkalashen villages get new playgrounds

Public Radio of Armenia
Armenia – Aug 15 2022


The official opening of two new playgrounds in Martuni’s Herher and Machkalashen villages recently took place as part of the Tufenkian Foundation’s Herher Village Cluster Restoration and Redevelopment program. The playgrounds have already been serving as safe and welcoming spaces for the 200 children in the two villages for the past few months.

The villages’ children and their families, the two mayors, and representatives of the Foundation’s Artsakh and Yerevan offices attended the ceremonies.

The Herher playground was built thanks to a partnership between the Tufenkian Foundation and Los Angeles-based JHM Foundation. Established by their namesakes, John and Hasmik Mgrdichian, JHM supports Armenian communities worldwide. The ceremonial ribbon was cut by Herher Mayor Arman Aleksanyan and Tufenkian Foundation director Greg Bedian.

“The 80 school- and 35 preschool-age children in the village will now have the opportunity to play together outside, disconnect from their screens, and, if even for an hour a day, forget their worries. The children needed a space like this, especially in the summer months, when they are out of school,” explained Herher Mayor Aleksanyan.

Speaking to local reporters, Edvin Grigoryan, Tufenkian’s director of Artsakh programming, said the playground would help the village’s children better interact with one another and thus, allow them to develop social and interpersonal skills. “We must create comfortable conditions, so families stay in their villages. In this process, we should never forget the children—the future of our nation. The establishment of playgrounds and places of leisure and entertainment for kids is crucial,” Grigoryan explained.

Following the 2020 War and consultations with Artsakh authorities, the Foundation decided to work in the Herher cluster in the Martuni region of Artsakh, focusing on Herher and its surrounding villages, including Tsovategh, Kherkhan, and Machkalashen.

The playground in Machkalashen was renovated and outfitted with brand new equipment thanks to a generous gift by Sevan and Hagop Agopian of Vancouver, Canada, in honor of their parents, Clara Kassabian and Vahe Agopian. At the request of the donors, the playground was named the “Vanashen Playground.”

Machkalashen’s Mayor Lernik Avanesyan, who thanked the Canadian-Armenian donors and stressed the importance of such playgrounds in Artsakh’s villages, joined Bedian in the ceremonial ribbon cutting. “There are about 80 children in this village; they spend most of their day in this playground. Today marks the start of a new and exciting opportunity for our village and the development of community life here,” Avanesyan said. The new playground equipment includes swing sets, a jungle gym, a merry-go-round, and slides.

Following the ceremony, six-year-old Lilly, born and raised in Machkalashen, expressed her joy about the playground, which, according to her, not only provides her an opportunity to play but also to spend time with her dear friends outside of her school. “I love this playground because I get to play with all of my friends here. I want to keep coming here every day,” Lilly explained.


Rescuers search for trapped persons as K9s detect indication under rubble

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 14:32,

YEREVAN, AUGUST 15, ARMENPRESS. Search-and-rescue dogs of the K9 units searching for trapped people at the Yerevan market blast site have detected some indication under the rubble, the spokesperson of the Ministry of Emergency Situations Hayk Kostanyan told reporters.

“Search and rescue operations are ongoing. The search-and-rescue dogs found some trace. We are now working in that area to see whether there are people there. We will give more information some time later,” he said.

The death toll in the explosion stands at 6.

18 people are missing and another 13 are hospitalized.

"Dimension" CJSC successfully placed "Fast Credit Capital” UCO CJSC’s Bonds

“Dimension” CJSC successfully placed “Fast Credit Capital” UCO CJSC’s Bonds

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 14:01,

“FAST CREDIT CAPITAL” UCO CJSC issued AMD and USD bonds with 11.5% and 6.25% yield. The purpose of the bonds issuance is to raise money for a certain period. The underwriting of Fast Credit bonds has been done successfully by “Dimension” CJSC. The bonds will be listed on the Bbond platform of the Armenia Securities Exchange, ensuring free circulation. The quotation of the bonds will be carried out by “Dimension” CJSC, which has experience in effectively providing market making services.

Coupon payments to investors will be made by “FAST CREDIT CAPITAL” UCO CJSC on a quarterly schedule and at the end of the term investors will receive the nominal value of the bonds.

Acquiring bonds has the following advantages:

– Listed, liquid bonds can be bought or sold on the securities exchange,

– In case of selling bonds before the maturity date, the investor receives the accumulated interest,

– The investor can allocate the assets between preferred sectors and companies,

– Interest income from listed bonds in the Republic of Armenia is exempt from income tax and non-resident profit tax,

– Portfolio diversification

You can learn more about the program prospectus of the corporate coupon bonds issued by “FAST CREDIT CAPITAL” UCO CJSC here.

 

About “Fast Credit Capital” UCO CJSC

 

Fast Credit has been operating since 1994 and was registered as “Fast Credit Capital” UCO CJSC by the Central Bank of Armenia on October 14, 2011. Currently, the Organization has 12 branches in Yerevan and 16 branches in different regions of Armenia.

Part of the company’s business strategy is to ensure the growth of the culture of using financial services in society and to strengthen the reputation of a reliable and conscientious financial consultant.

 

About “Dimension” CJSC

Founded in 2018 and with capabilities spanning Investment Securities Services, Capital Markets Advisory, and Investment Management & Research, Dimension strives to put clients first by being their most reliable, insightful, and effective investment services partner in Armenia, while maintaining the firm’s high integrity. Dimension’s capabilities are fortified by its core values, highly engaged shareholders and global network. 

Dimension Investments received the award of best account operator by the Armenia Securities Exchange and the Central Depository within the framework of the annual AMX Awards:

  • In the category of best account operator in 2020
  • In the category of best account operator in 2021

Dimension CJSC is supervised by the Central Bank of Armenia.

To learn more about Dimension visit our website or .

Karabakh Residents Question Russian Peacekeepers’ Effectiveness

Aug 11 2022

All along the road connecting Nagorno-Karabakh to Armenia, there are billboards erected by the Russian peacekeeping mission there: “Where there are Russians, there is peace.” “The Russian peacekeeping contingent is guarding the peace.”

But after recent escalations in tensions here, many Karabakh Armenians are doubting those promises.

An outbreak of violence in early August saw two Armenian soldiers killed, at least 19 injured, and allowed Azerbaijan to take a strategic height just north of that road. 

The escalation has led to an unprecedented level of criticism of the peacekeeping mission, which after Armenians’ defeat in the 2020 war against Azerbaijan is the only force keeping Baku from continuing its assault.

“Armenians returned [after fleeing in the 2020 war] because the Russians guaranteed them safety. But if they are here, they need to fulfill all their obligations,” Gayane Arstamyan, one Stepanakert resident, told Eurasianet. “Their main job is to protect our lives in our homes, which they are not doing. If they won’t do it, let other international peacekeepers come to Karabakh; we will agree as long as they actually protect and secure us.”

At a cabinet meeting just after the violence this month, Armenian Prime Minister Nikol Pashinyan recalled several other episodes in which Russian peacekeepers stood by as Azerbaijan violated the ceasefire, and gave a stronger reproach to the peacekeeping mission than he ever had before. 

“The December 11, 2020, capture of the villages of Khtsaberd and Hin Tagher and Armenian servicemen by Azerbaijan in the presence and connivance of Russian peacekeepers, the March 24, 2022, seizure of the village of Parukh in Nagorno-Karabakh again in the presence of Russian peacekeepers, the constant and increasing ceasefire violations along the line of contact, the cases of physical and psychological terror against the Armenians of Artsakh in the presence of peacekeepers are simply unacceptable,” Pashinyan said, using an alternative name for Karabakh.

Following the flareup, Russia’s Foreign Ministry said the peacekeepers were “making all necessary efforts to stabilize the situation.”

But many were unconvinced.

Most of the Armenian soldiers injured in the recent violence were wounded by drone attacks, officials in Karabakh’s de facto government said, and to many it called into question Russia’s promises to control the airspace over Karabakh. 

One Stepanakert resident, Hasmik Arushanyan, wrote on Facebook, “I am addressing [commander of the peacekeeping contingent Major General Andrey] Volkov personally. At one of your checkpoints, you [the peacekeepers] hung a poster: “Clear skies above Karabakh.” Do drone strikes fall from a clear sky? How can I believe and trust you after that?” 

The day after the violence peaked, Volkov met with several Karabakh political leaders and activists to discuss the situation, in an apparent admission of the sensitivity of local public opinion. The meeting was not public but afterwards, some of the Karabakhi participants told media that they weren’t satisfied with assurances from the Russians that the incidents would not be repeated. 

The Russians explained they did not have enough resources and power to resist Azerbaijani attacks, said one participant, Arthur Osipyan, the head of the Artsakh Revolutionary Party. The next day, a group of Karabakhis, including some of those who were at the meeting, organized a protest in front of the de facto government headquarters in Stepanakert. They carried banners reading “Peacekeepers, where is the peace you promised?”, “Stop Azerbaijani aggression”, and “Return Parukh and Khtsaberd.”

Most Karabakhis have little contact with the peacekeepers, save for the checkpoints the Russians have set up on the Lachin corridor, the only road connecting Karabakh to the outside world. 

“I don’t understand what the peacekeepers are supposed to be doing,” Arstamyan, the Stepanakert resident, said. “I only see how they stop us at every checkpoint to see our documents on our way home. I, a 60-year-old woman, have to show my passport five times to be able to get home. This is certainly not what they were deployed for.”

Many in Karabakh welcomed the peacekeepers when they deployed immediately following the 2020 war with Azerbaijan. The Russians have provided various services to the Armenian residents of Karabakh: handing out aid, supporting reconstruction of destroyed infrastructure, helping secure farmland in areas near the line of contact with Azerbaijani forces, and helping negotiate the return of livestock that stray into Azerbaijani-controlled areas. 

But the Russians’ effectiveness appears to have waned following the start of the war in Ukraine, some say.

“Everyone understands that Russia is weaker than ever before in the international arena,” one official in the de facto government told a researcher for the think tank Crisis Group.

“With Baku’s increased importance to Russia, Azerbaijan feels more confident and understands that its boundaries are now wider than before the Russian-Ukrainian conflict,” Tigran Grigoryan, a Karabakhi political analyst, said in a recent interview with RFE/RL. “And we can say that Azerbaijan is also probing some ‘red lines’ of the Russian side, wants to understand when Russia will seriously react to the issue.” 

But even as the peacekeepers fail to stop Azerbaijan from repeatedly taking small slices of territory, others argue that it is still only the peacekeepers’ presence that prevents a larger Azerbaijani offensive.

The presence of a 2,000-member Russian peacekeeping mission was stipulated in the ceasefire agreement that ended the 2020 war. Another provision is the withdrawal of Armenia’s own armed forces, and while the Armenian side has given mixed messages on that recently, that withdrawal is either entirely or nearly complete.

“The Russians and Armenians have a common interest in this situation – we need them as a guarantee of safety, and they need us to keep their forces in the Caucasus,” Kristina Balayan, who owns a cafe in the territory’s main city, Stepanakert, and ran for the de facto presidency in 2020, told Eurasianet. “If they do not protect our security and the Armenian residents leave, they [the Russians] will also leave. We need to cooperate to protect our common interests.”

https://www.themoscowtimes.com/2022/08/11/karabakh-residents-question-russian-peacekeepers-effectiveness-a78557

Armenia State Revenue Committee Chairman meets with EBRD Yerevan Office Head

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 17:28, 3 August 2022

YEREVAN, AUGUST 3, ARMENPRESS. Chairman of the State Revenue Committee of Armenia Rustam Badasyan met today with head of the Yerevan Resident Office of the European Bank for Reconstruction and Development (EBRD) George Akhalkatsi and his delegation, the SRC said in a press release.

The sides praised the current level of cooperation and touched upon the further steps and measures of the ongoing joint programs. The process of the program of upgrading Meghri border checkpoint was also discussed at the meeting. The sides expressed hope that the construction process will launch in September.

The SRC Chairman and the EBRD Yerevan Office representatives also discussed the possibilities of funding through the EBRD the construction of an external economic activity center and a customs laboratory in Syunik province under the EU investment plan.

Rustam Badasyan said that these two projects – the upgrading of Meghri checkpoint and creation of the external economic activity center, will complement each other by giving a new and a high quality to the fulfillment of customs administration.

Azerbaijan’s behavior nullifies any guarantee of the right to life of people living in Artsakh. Ombudsman

Azerbaijan’s behavior nullifies any guarantee of the right to life of people living in Artsakh. Ombudsman

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 19:45, 3 August 2022

YEREVAN, AUGUST 3, ARMENPRESS. The Human Rights Defender of Armenia Kristine Grigoryan addressed Azerbaijan’s military operations in a statement, stressing that this criminal behavior of Azerbaijan is reprehensible, it directly threatens and essentially nullifies any guarantee of the right to life of people living in Artsakh, which is the most vital component of peace.

“On the 1st and 2nd of August, and today, the Azerbaijani side conducted aggressive military operations in the zone of responsibility of the Russian peacekeeping mission in the various directions of Artsakh, using weapons of various calibers, grenade launchers, and attack unmanned aerial vehicles.

These acts grossly violate the principles of international law on the prohibition on the use of force and the threat of use of force, as well as the obligations of the Azerbaijani state under the trilateral agreement of November 9, 2020.

This criminal behavior of Azerbaijan is reprehensible, it directly endangers, and in fact, nullifies any guarantee of life for people living in Artsakh, which is the most vital component of peace. The criminal acts of the Azerbaijani side must cease immediately.

Regardless of the geography of the incidents and the politico-military objectives of the parties involved, this encroachment on the right to life and other fundamental rights of the civilian population must receive its true assessment.

I have called upon the ambassadors of the Minsk Group Co-Chair Countries, and other international actors involved in the conflict resolution to make maximum efforts in the direction of truly guaranteeing the right to life of the peaceful population of Artsakh”, reads the statement.

The tension in Nagorno-Karabakh started on August 1, when, according to the Artsakh Defense Army, Azerbaijani units resorted to provocation in a number of parts of the northern and northwestern border zone of the Artsakh Republic starting at 09:00 in the morning, trying to cross the contact line. As a result of the Azerbaijani provocation, the serviceman Albert Bakhshiyan was injured. Aggressive actions of the Azerbaijani side continued in the following days. On August 3, around 3:00 p.m., Azerbaijani units launched a new attack in the northwestern direction of the contact line, using attack drones, as a result of which two servicemen of the Artsakh Defense Army were killed, and 14 more servicemen were wounded in various degrees.