Armenian FM holds phone talk with Egyptian counterpart

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 16:07,

YEREVAN, MAY 19, ARMENPRESS. Armenian foreign minister Zohrab Mnatsakanyan had a telephone conversation today with foreign minister of Egypt Sameh Shoukry, the Armenian MFA told Armenpress.

The officials exchanged views on the actions taken by both countries to address the challenges caused by the novel coronavirus (COVID-19) pandemic.

The FMs praised the dynamic of dialogue between Armenia and Egypt and reaffirmed their mutual readiness to continue the actions aimed at further expanding the bilateral agenda.

In addition to other spheres, the minister emphasized the need to take steps to fully utilize the cooperation potential in pharmaceutics, alternative energy, IT, innovation, agriculture and other areas. In this context they highlighted the activity of the Armenian-Egyptian inter-governmental commission.

The two FMs also touched upon the cooperation issues within multilateral frameworks, including in the African Union, the Eurasian Economic Union and the UN.

During the phone talk the Armenian and Egyptian FMs discussed also the current situation in the region, broad range of issues of mutual interest, reaffirming Armenia’s and Egypt’s readiness to closely cooperate with one another based on the historical friendship traditions.

Editing and Translating by Aneta Harutyunyan

IMF Executive Board adopts decision on immediate release of US$280 million for Armenia

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 16:38,

YEREVAN, MAY 19, ARMENPRESS. The Executive Board of the International Monetary Fund (IMF) completed the second review of the Republic of Armenia’s performance under the program supported by the Stand-By Arrangement (SBA). The decision allows an immediate release of US$280 million for Armenia, Armenpress reports citing the IMF website.

The augmentation of access will help the authorities contain short-term risks and will provide resources to meet the urgent human and economic implications of COVID-19 pandemic.

Armenia’s three-year SBA of SDR 180 million (about US$248 million), equivalent to 139.75 percent of Armenia’s quota in the IMF, was approved by the IMF’s Board on May 17, 2019.

The Executive Board also approved the authorities’ request to augment access under Armenia’s SBA arrangement by 100 percent of quota (SDR 128.80 million or about US$175 million), bringing overall access under the SBA arrangement to SDR 308.8 million (around 240 percent of Armenia’s quota). The augmentation and completion of the review will make SDR205.94 million (about US$280 million) immediately available.

“The impact of the COVID-19 pandemic and the tightening of global financial conditions have disrupted Armenia’s above-trend growth and favorable economic conditions. The near-term outlook has significantly weakened, with fiscal and current account deficits widening considerably this year. The Fund’s financial support will help Armenia meet these challenges, including the urgent social and economic implications of COVID-19 pandemic”, the IMF said in a statement.

Following the Executive Board discussion, Mr. Tao Zhang, Deputy Managing Director and Chair, made the following statement:

“Following a strong performance in 2019, the Armenian economy was hit hard by the COVID-19 pandemic. The government has proactively responded to the crisis, adopting widespread containment measures while supporting vulnerable individuals and firms in the most affected sectors.

The Central Bank of Armenia responded to the crisis by balancing its mandates for price and financial stability. To support the economy, the central bank lowered its policy rate and ensured ample market liquidity.

Implementation of the authorities’ reform agenda will bolster sustainable and inclusive growth. This includes efforts to establish a holistic anti-corruption framework, improve the business climate and support small and medium-sized enterprises, and strengthen the health and education sectors.

The augmentation of access under the Stand-by Arrangement will provide much needed support, allowing the authorities to mitigate the pandemic and support affected households and businesses”.

Central Bank of Armenia: exchange rates and prices of precious metals – 19-05-20

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 17:28,

YEREVAN, 19 MAY, ARMENPRESS. The Central Bank of Armenia informs “Armenpress” that today, 19 May, USD exchange rate down by 1.23 drams to 484.65 drams. EUR exchange rate up by 5.46 drams to 530.50 drams. Russian Ruble exchange rate up by 0.03 drams to 6.70 drams. GBP exchange rate up by 4.32 drams to 593.21 drams.

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

Gold price down by 78.75 drams to 27029.85 drams. Silver price up by 16.50 drams to 270.35 drams. Platinum price up by 686.39 drams to 12683.63 drams.


Turkish Press: Russia disputes with Armenia, Belarus on gas prices

Anadolu Agency, Turkey
Russia disputes with Armenia, Belarus on gas prices

Elena Teslova   | 19.05.2020

MOSCOW

Russia disagreed Tuesday with Armenia and Belarus about gas transportation prices at a videoconference meeting of Eurasian Economic Union (EAEU) presidents.

The meeting was called by Belarusian President Alexandr Lukashenko to approve a draft strategy of the development of the Eurasian economic integration until 2025 but the document was not adopted, because Armenia and Belarus demanded a unit price for gas transit for all EAEU members.

Russian President Vladimir Putin rejected the possibility of imposing a unit price because he said it “can only be implemented in a single market with a single budget and a single tax system.”

“Such a deep level of integration in the EAEU has not yet been reached, as we all know, and then, for now, gas prices should be based on market conditions, consider the costs and investment of providers, as well as provide a reasonable rate of return on the capital invested in production. This is a common practice, and I would like to stress it, dear colleagues, common world practice,” Putin said.

To show he considers the matter non-negotiable, Putin added it would be logical to exclude the point from the draft in case Armenian and Belarusian position remains unchangeable.

In the early 2000s, Russia had similar arguments on gas transportation prices with Ukraine, resulting in significant deterioration of relations between the two countries and forced Ukraine to turn to Europe and the US.

Failing to find common ground with Russia on oil prices, Belarus recently bought its first-ever tanker of Saudi Arabia oil.

Noubar Afeyan updates Armenian President on testing of coronavirus vaccine

MediaMax, Armenia

Noubar Afeyan has told Armen Sarkissian that the company has got the interim data for the first phase of work and the first testing has been successful, said the Armenian presidential press service.

 

Moderna announced on May 18 that it was launching phase 1 of the vaccine testing.   

 

In particular, it involved 45 volunteers, in all of whom the vaccination elicited antibodies.

 

The volunteers, divided into groups by 15, received doses of 25mg, 100mg and 250mg once in 28 days.

 

Previously, Noubar Afeyan announced that the clinical trial of the COVID-19 vaccine, involving 600 people, would begin in July.


Egyptian, Armenian FMs discuss bilateral relations, int’l issues

Egypt Today
By: MENA
Tue, May. 19, 2020
CAIRO, May 19 (MENA) – Foreign Minister Sameh Shoukry on Tuesday received a phone call from his Armenian counterpart Zohrab Mnatsakanyan to review several files pertaining to bilateral relations in addition to a number of regional and international issues of mutual interest.

The two ministers discussed means of developing Egypt-Armenia relations in various fields, Foreign Ministry Spokesman Ahmed Hafez said.

Both ministers asserted the importance of building on the positive developments witnessed in cooperation ties between both countries over the past period, mainly at the economic level, Hafez added.

They agreed to continue cooperation between both countries at various international forums.

They also exchanged views on various developments in the Middle East and Shoukry reviewed the Egyptian efforts to reach peaceful settlements that could bring about stability in the region.

Both sides also reviewed efforts to counter the spread of the novel coronavirus and agreed on the importance of cooperation to contain the economic and social impacts of the pandemic.

Egypt, Armenia FMs discuss means of promoting cooperation

Xinhua, China
 
Source: Xinhua| 2020-05-19 20:48:58|Editor: huaxia
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CAIRO, May 19 (Xinhua) — Egyptian Foreign Minister Sameh Shoukry and his Armenian counterpart Zohrab Mnatsakanyan discussed means of promoting cooperation in several fields on Tuesday over the phone.

In the phone conversation, the two diplomats also discussed regional and international issues of common concerns, especially the security conditions in the Middle East, said Ahmad Hafez, spokesperson of the Egyptian Foreign Ministry.

The two ministers stressed the importance of achieving stability and security in the Middle East via peaceful solutions, he added.

They also discussed efforts to curb the spread of the coronavirus and agreed on enhancing cooperation for containing the virus’ social and economic impacts.

Hafez added that the talks also touched upon the positive developments of the two countries’ recent cooperation, particularly in the economic fields. Enditem.

Armenia coronavirus cases surge past 5,000

Public Radio of Armenia

Pandemic highlights the protracted Azerbaijan-Armenia conflict in Nagorno-Karabakh region

Washington Times
 
 
 
 
Pursuing peace at the time of COVID-19
 
By Elin Suleymanov – – Tuesday,                                       
 
ANALYSIS/OPINION:
 
Sweeping through the globe, the COVID-19 pandemic attacked people’s health and damaged national economies; on a deeper level, as stated by Edward Luttwak, once described as “Machiavelli of Maryland,” the pandemic broke some convenient stereotypes about international institutions and politics. Whether it is the questions about wisdom of depending on a single supplier, or the strong belief in European institutions, or, perhaps, a renewed interest in prudence of common-sense dietary choices, the status quo around the world is changing.
 
In the greater Caspian area, a regional organization, the Turkic Council, which brings together nations of Central Asia, Azerbaijan and Turkey — and, most recently, Hungary — has emerged as an effective cooperative format.
 
The group was especially successful in providing mutual assistance and significantly increasing the volume of rail cargo along the Silk Road between Asia and Europe, the main artery connecting the Turkic Council nations and an important part of the recently adopted U.S. Central Asia strategy. Notably, the Turkic Council, under current chairmanship of Azerbaijan, became the first ever international organization to hold a head-of-state level online summit to address the challenge of COVID-19.

Importantly, Azerbaijan, along with other partner nations, is pursuing governance reforms by bringing new technocratic, result-oriented leaders to key positions in the government and promoting greater political pluralism. In fact, President Trump stated his strong support for Azerbaijan’s sovereignty and independence in the congratulatory letter to President Ilham Aliyev this month. 

The pandemic also highlighted the region’s weaknesses and perils, including the protracted Armenia-Azerbaijan conflict. The Organization for Security and Cooperation’s (OSCE) Minsk Group co-chaired by France, Russia and the United States has been mediating the negotiations for three decades with no visible progress. During the pandemic, the mediators held a video conference with foreign ministers of Armenia and Azerbaijan, and even adopted a joint statement.

 

Yet, with the world changing around the South Caucasus, Armenia seems to stick with the unsustainable and dangerous status-quo. Armenia’s Foreign Minister Zohrab Mnatzakanyan denounced the so-called Madrid Principles, which were endorsed by the presidents of France, Russia and the United States in 2009 and include main principles of a future peace agreement. While, Mr. Mnatzakanyan’s denunciation was later reiterated by various Armenian officials, the confusing part is what exactly he’s been actively negotiating for the last two years if not the principles he so suddenly dislikes?

The principles include, among other elements, gradual withdrawal of Armenian forces from Azerbaijan’s internationally-recognized territories in accordance with four U.N. Security Council resolutions, return of displaced persons, resumption of economic ties and security guarantees for both Armenian and Azerbaijani communities in the Nagorno-Karabakh region. Neither side was excited about these principles, and Azerbaijan accepted them as a basis for negotiations with some deep reservations. 

There is no other format for the negotiations, and rejecting these, admittedly imperfect principles, simply means abandoning peace talks altogether. This is why Azerbaijan, although enduring the Armenian occupation and the displacement of a million civilians as a result of ethnic cleansing, continued pursuing peace and engaging in the Minsk Group-led negotiations. This is what independent states and responsible members of the international community do, especially in our neighborhood of global strategic importance. 

Unfortunately for Armenia, its formal independence has not yet translated into real sovereignty. Externally dependent in military and economic terms, Armenia is also visibly absent from most regional integration initiatives as a result of its self-isolation. Armenia is hostage to its indefensible occupation of Azerbaijani lands, but it does not have to be this way.

For mono-ethnic Armenia with its poor record on anti-Semitism and controversies over Nazi collaborators, who sought after racial and ethnic purity, not trusting neighbors may appear to be the safest option. Yet, this is the lowest denominator, which denies the Armenian people their future and the country its sustainable development.                                                

 

During a different crisis and in a different context, the “failure of imagination” became a key word in America’s political discourse. Such a failure of imagination, especially at the time of the crisis today, aptly describes inability to conceptualize one’s own best interests. Achieving a lasting peace and living together with neighbors, building strong economic ties and partaking in the region’s successes are best bets for true security and growth. And if not, what other good options are there? 

Having served with the U.N. High Commissioner for Refugees (UNHCR) in Azerbaijan, I heard from so many internally displaced persons that despite their suffering and bitterness about forced exile, they are ready and willing to live next to their Armenian neighbors in peace. These sentiments are frequently voiced by the leaders of the Azerbaijani community of the Nagorno-Karabakh region. Perhaps, instead of dismissing this goodwill, Armenian leaders should contemplate a future of peace as well. 

• Elin Suleymanov is the ambassador of Azerbaijan to the United States.

 
 

Armenian Health Minister worried about Covid-19 conspiracy theories running rampant

Public Radio of Armenia