IDBank issues another tranche of dollar bonds

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 14:48, 5 April, 2022

YEREVAN, APRIL 5, ARMENPRESS. (Press Release – IDBank) On April 5 this year, IDBank issued another tranche of nominal coupon bonds under the abbreviation AMANLBB2HER6 through a public offer.

The total amount of the nominal coupon bonds is USD 5 million. The bonds have a circulation period of 27 months, the annual interest rate is 3%, and the bonds will be paid quarterly.

The bonds will be placed from April 5, 2022 to July 1, 2022 inclusive. After the placement, the bonds will be listed in the “Armenian Stock Exchange” OJSC. The bonds will be quoted through the Marketmaker.

According to the financial director of IDBank Arman Asatryan, the demand for IDBank bonds remains high. The process of buying IDBank’s bonds is simplified as much as possible, and all the necessary information about already purchased bonds can be seen in the “Banking” section of the Idram&IDBank application. It indicates the distinctive code of the bonds, the quantity, the nominal value, the annual coupon yield, the days of the coupon payment and the redemption of the bonds,” says Arman Asatryan.

To get IDBank bonds it is necessary to fill in the form and present it to the Bank. You can get the detailed information about the bonds of the fifth issue of 2021 here.

The Bank informs also that the funds attracted by means of nominal bonds are considered to be guaranteed bank deposits and are guaranteed by the Deposit Guarantee Fund of Armenia.

The Bond prospectus was registered by the CBA, resolution N1/392A of the Chairman of the CBA from July 23, 2021. The electronic version of the prospectus and the final terms of issue are available on the official website of the Bank.

THE BANK IS CONTROLLED BY CBA

Russian military base in Armenia holds training flights involving Mi-8MVT and Ka-52 gunships

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 15:08, 5 April, 2022

YEREVAN, APRIL 5, ARMENPRESS. Pilots of the Mi-8MVT and Ka-52 gunships of the Russian military base in Armenia held training flights in high mountainous terrain, the Russian Southern Military District’s press service said.

The pilots of the helicopters carried out a number of difficult objectives in both daytime and nighttime flights.

The engineering crews of the base held maintenance trainings.

More than 130 servicemen and 50 military equipment were involved in the training.

Armenian Speaker of Parliament meets with Georgian counterpart

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 15:34, 5 April, 2022

YEREVAN, APRIL 5, ARMENPRESS. On April 5, at the invitation of Speaker of Parliament of Armenia Alen Simonyan, the delegation led by the Speaker of Parliament of Georgia Shalva Papuashvili arrived in Armenia on a two-day official visit, the Parliament’s press service said.

The meeting of the Speakers of Parliaments of Armenia and Georgia began with a private talk, which was followed by the debate in the extended format.

Welcoming the guests, Alen Simonyan has documented that Armenia is concerned about the further development of special good-neighbourly relations with Georgia. Alen Simonyan has reminded that that position is also expressed in the Action Plan of the Government of Armenia for 2021-2026.

Both sides congratulated each other on the occasion of the establishment of the 30th anniversary of diplomatic relations between Armenia and Georgia.

The parties have recorded that the deepening of relations in many spheres of the two countries is of mutual importance.

The Armenian Speaker of Parliament expressed conviction that the mutual trust, the strengthening of continuous dialogue and cooperation would promote the regional security and stability.

The rise of the important role of parliaments after the constitutional amendments in Armenia and Georgia was voiced. The sides considered the cooperation between the legislative bodies one of the important directions of the relations between the states.

During the discussion the closer cooperation between the Inter-Parliamentary Friendship Groups was spoken about. Proposals were sounded from both sides also on other formats of cooperation of parliaments, which would be documented in the near future.

Touching upon the regional security issues and the 44-day war aftermath, Alen Simonyan has noted that the high level of relations between Armenia and Georgia is one of the important factors ensuring the security in the South Caucasus.

The Head of Parliament considered urgent the distinct response of the international community for preventing the humanitarian crisis, as well as the immediate involvement of the international humanitarian structures without obstacles in the Nagorno Karabakh.

The colleagues also exchanged views over the membership in the European Union, discussing the priorities of the Euro-integration of Georgia.

After the meeting in the extended format the Speaker of Parliament of Georgia left a note in the Book of Honourable Guests of the National Assembly of Armenia, afterwards planted a fir-tree in the Parliament’s Park.

During the official visit the delegation led by the Head of Parliament of Georgia will have meetings with Prime Minister Nikol Pashinyan, President Vahagn Khachaturyan and the Foreign Minister Ararat Mirzoyan.

A meeting is also scheduled with the Catholicos of All Armenians Karekin II.

Georgia’s Speaker of Parliament visits Tsitsernakaberd Armenian Genocide Memorial in Yerevan

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 15:34, 5 April, 2022

YEREVAN, APRIL 5, ARMENPRESS. At the invitation of the Speaker of Parliament Alen Simonyan the delegation led by the Speaker of Parliament of Georgia Shalva Papuashvili is in Armenia. They visited Tsitsernakaberd Memorial Complex accompanied by the RA NA Vice President, the Head of Armenia-Georgia Friendship Group Ruben Rubinyan, the parliament’s press service said.

The members of the delegation laid a wreath and flowers at the eternal fire perpetuating the memory of the Armenian Genocide victims. Afterwards, they got acquainted with the exhibits documenting the massacre of the 20th century in the Armenian Genocide Museum-Institute.

[see video]

Central Bank of Armenia: exchange rates and prices of precious metals – 05-04-22

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 17:27, 5 April, 2022

YEREVAN, 5 APRIL, ARMENPRESS. The Central Bank of Armenia informs “Armenpress” that today, 5 April, USD exchange rate down by 1.56 drams to 481.59 drams. EUR exchange rate down by 3.35 drams to 528.26 drams. Russian Ruble exchange rate down by 0.02 drams to 5.79 drams. GBP exchange rate down by 0.69 drams to 632.09 drams.

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

Gold price down by 82.84 drams to 29887.75 drams. Silver price down by 1.63 drams to 381.90 drams. Platinum price stood at 16414.1 drams.

Armenian President receives the delegation headed by the Speaker of Georgian parliament

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 18:02, 5 April, 2022

YEREVAN, 5 APRIL, ARMENPRESS. President of Armenia Vahagn Khachaturyan received the delegation headed by the Speaker of the Parliament of Georgia Shalva Papuashvili.

As ARMENPRESS was informed from the Office of the President of Armenia, Vahagn Khachaturyan mentioned that such meetings provide special dynamics to the development and further deepening of cooperation between our countries and should take place as frequently as possible. The President emphasized that this visit has a special meaning because it takes place on the 30th anniversary of the establishment of diplomatic relations between Armenia and Georgia.

In the context of establishment of security and stability in the region, President Khachaturyan presented the efforts of establishment of long-term peace, emphasizing the issue of defense of rights of Armenians in Nagorno-Karabakh.

The Speaker of the Parliament of Georgia, thanking for the reception, congratulated Vahagn Khachaturyan on the occasion of assuming the position of the President. He mentioned that the visit of the official delegation is aimed at the deepening of centuries-old relations of friendship between the countries and discussion of prospects of cooperation.

Shalva Papuashvili supported the efforts of establishment of long-term peace in Nagorno-Karabakh, emphasizing that they are supporters of solving issues through dialogue and are ready to have their role and contribution to that.

The sides exchanged thoughts related to the agenda of Armenian-Georgian cooperation issues.

PM Pashinyan receives participants of "iGorts" program

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 18:08, 5 April, 2022

YEREVAN, APRIL 5, ARMENPRESS. Prime Minister Nikol Pashinyan met at the Government with the participants of the “iGorts” program for the involvement of Diaspora specialists in public administration bodies of Armenia, ARMENPRESS was informed from the Office of the Prime Miister.

Welcoming them, the Prime Minister noted. “I am glad that we continuously implement this program, despite all the difficulties and complications. I am also glad that we can state that the program has recorded concrete results in terms of achieving the goals we have set. And here we are talking about the involvement of the Diaspora potential in the public administration system of Armenia.

As you may already know, we have high-ranking officials from the program participants, in the person of the Deputy Minister of Economy and the Chairman of the Tourism Committee, which shows the seriousness of our intentions. Of course, first of all, the seriousness of the the program participants in their intentions was expressed, to which we responded accordingly.

I hope that we will continue this process, because we want the involvement of the potential of the Diaspora in the public administration system of Armenia and in solving the problems facing our country to be more and more tangible. We also want our esteemed representatives of the Diaspora to see the problems from the inside, to participate in their evaluation, and to offer concrete solutions, which may be left unnoticed by the ordinary everyday view.

Of course, I think we will continue this process. I also see from your eyes that you are really serious in your intentions, and I am sincerely happy for that, because you know that we are facing unprecedented challenges, and addressing and solving those unusual challenges requires unusual approaches. We hope that you will bring with you those unusual approaches, and that you will help us, that you will enrich us with your knowledge, skills, abilities, and if you will be able to take something useful from what has already been done, of course we will be happy.”

The Prime Minister emphasized the importance of cooperation with the Diaspora in this format – through the programs of the Office of the High Commissioner for Diaspora Affairs.

“Maybe I am not well informed, I do not rule out, but I do not remember the leadership of Armenia to have ever cooperated with the Diaspora in this format before. I think it is an important result of that institutional change: the High Commissioner for Diaspora Affairs is himself a representative of the Diaspora, although like many, he was a representative of Armenia before being a representative of the Diaspora. This topic is peculiar just for that reason. And we want those borders not to exist. In today ‘s global world, sometimes it does not meven matter where you are in the world. In the modern world, distance is more psychology than space. And, consequently, I do not want to underestimate space at all, but I do not want to underestimate psychology either. We must overcome psychology through space and space through psychology. I think this program is one of the most important platforms for the implementation of this vision.

Of course, I talked about specific cases, but I am convinced that the participants of the “iGorts” program have done a lot of work in different ministries, participated in the development and implementation of various laws, government decisions, programs. I apologise for that I can’t list them all right now, but I know that really a lot of work has been done. And I hope that the participants and the initiators of this program, we all will be satisfied with the end result. Even if we do not have the opportunity to talk about very tangible results as much as we would like, this communication, this contact itself is very important and useful. I welcome you again, thank you for your readiness shown during this difficult period and express my readiness to answer, to address all your questions and, of course, to continue the cooperation.”

According to Zareh Sinanyan, High Commissioner for Diaspora Affairs, the program, which was launched in 2020, can be considered successful. In the first year, in 2020, iGorts received 800 applications from 27 countries․ As a result, 52 Diaspora Armenian specialists from 19 countries worked in 19 different departments. By the end of the program about 70% of the first stage alumni decided to stay in the Motherland. By the completion of the program, 16 of them remained in the state system, 9 of which are financed through the Hovnanian Foundation. In 2021, 350 applications were received from 30 countries․ As a result, cooperation agreements were signed with 50 Diaspora Armenian specialists. At present, 47 specialists from 14 countries work in 25 different departments: the National Assembly, ministries, committees, inspection bodies, etc. Diaspora Armenian specialists have arrived from different countries of the world: Russia, USA, Lebanon, Belgium, Germany, Syria, France, Cyprus, Switzerland, etc.

During the meeting, the participants of “iGorts” thanked the Government of the Republic of Armenia for such an opportunity and presented their work carried out in various state agencies.

Prime Minister Pashinyan also answered a number of questions of the meeting participants, which referred to the reforms of the public administration system of Armenia, Armenia’s international cooperation, economic stimulation, realization of the Diaspora’s potential, problems of education, science and other spheres and the government’s steps to solve them.

“iGorts” aims to involve Diaspora Armenian specialists with higher education, 3 years of professional experience in the field of public policy with a master’s degree or a bachelor’s degree with a minimum of 5 years of professional experience in the public administration of Armenia, whose professional and expertise skills will contribute to the implementation of innovative ideas and conducting large-scale research. One of the goals of the program is to apply the work experience and skills of the participants in the work and programs carried out by the public administration bodies of the Republic of Armenia and Artsakh, which will give an opportunity to promote professional repatriation, to support the processes of improving the public administration system.




NATO will have to cooperate with Russia and overcome difficulties in relations․ Stoltenberg

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 19:10, 5 April, 2022

YEREVAN, 5 APRIL, ARMENPRESS. NATO will have to cooperate with Russia and to overcome the difficulties in relations that have changed dramatically since the early 1990s, ARMENPRESS was informed from TASS, citing the statement of the NATO Secretary General Jens Stoltenberg at a press conference on April 5 in Brussels.

“Our relations with Russia have changed dramatically. Russia has stepped back from the basic NATO-Russia agreement that facilitated the dialogue between the alliance and Russia in the 1990s,” Stoltenberg said.

According to Stoltenberg, NATO and Russia could not achieve the kind of cooperation that NATO countries have been striving for in the recent years.

“At the same time, we must continue cooperation with Russia. Russia is our neighbor, we will have to overcome the difficulties in relations,” he said.

NATO not planning to send armed forces and air forces to Ukraine. Stoltenberg

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 19:33, 5 April, 2022

YEREVAN, 5 APRIL, ARMENPRESS. NATO is not going to send its armed forces and air force to Ukraine, ARMENPRESS reports, “Interafax” informed , citing the announcement of Secretary General of NATO Jens Stoltenberg.

“The allies agree that we should not send armed forces of NATO to Ukraine and should not send airplanes to air space of Ukraine”, he said.

He emphasized that the alliance is of that position because “is responsible for preventing war between Russia and NATO”.

At the same time, according to Stoltenberg, ministers of foreign affairs of NATO countries on 6-7 of April meeting will discuss what kind of other support they will be able to provide to Ukraine.

He reminded that the alliance provides military, financial and humanitarian support to Kyiv.

PM Pashinyan leaves for Brussels on a working visit

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 20:13, 5 April, 2022

YEREVAN, APRIL 5, ARMENPRESS. Prime Minister Nikol Pashinyan left for Brussels on a two-day working visit, ARMENPRESS was informed from the Office of the Prime Minister.

The Prime Minister will have a private conversation with the President of the European Council Charles Michel. The trilateral meeting of the Prime Minister of the Republic of Armenia Nikol Pashinyan, the President of the European Council Charles Michel and the President of the Republic of Azerbaijan Ilham Aliyes is scheduled in Brussels.