Second co-project of AraratBank and 4090 Charity Foundation to support education for war participants

 16:57, 1 December 2023

Chess and Jazz format for the first time introduced in Armenia.

YEREVAN, DECEMBER 1, ARMENPRESS. On December 15, the Aram Khachaturyan Concert Hall will host the "Menq u Munq" Armenian Chess and Jazz night. All funds raised from the event will go to 4090 Charity Foundation to support education for war participants by providing their tuition fees.

Tickets may be purchased on www.tomsarkgh.am and from the box office of the concert hall. For corporate requests, please visit [email protected].

The concert is organized under the general sponsorship of AraratBank, with the participation of the State Jazz Orchestra of Armenia and Avag Margaryan. Special guests of the concert are Levon Malkhasyan and Inga Arshakyan. Partners of the event are "Musa" Wines, "Chesifay" LLC.

The event will mark the first time that the international Chess and Jazz format will be introduced to the Armenian audience. The chess games will start at 6 p.m.: pre-registered participants will have a chance to play chess with grandmasters Tigran Petrosyan and Elina Danielyan while enjoying jazz and Armenian wine. The jazz concert is due to start at 8 p.m.

At the concert, the orchestra will perform new orchestration and arrangements of works of Armenian authors. In particular, works of Komitas, Artemi Ayvazyan, Alexander Harutyunyan, Arno Babajanyan, Robert Amirkhanyan, Stepan Shakaryan and Armen Hyusnunts will be presented. The special guest of the evening, Avag Margaryan, will perform blul (Armenian flute) and zurna.

"Menq u Munq" is the second collaboration of AraratBank with 4090 Charity Foundation. The initial co-organized event was "Symphonic Mansuryan" concert, all profits of which were also directed to the provision of tuition fees for participants of the 4-day and 44-day wars.

AraratBank was established in 1991 with a mission to foster the economic development of the country while also bearing social responsibility and creating value for its shareholders, customers and employees. The Bank’s ideology revolves around healthcare, education, environment, and art, and all their CSR projects to date aim to contribute to the advancement of society and the well-being of the country. Today’s strategic programs of AraratBank are dedicated to shaping a promising tomorrow.

4090 Charity Foundation was established after the third Artsakh war, seeking to provide education opportunities to participants of the wars of 2016 and 2020, who, despite different constraints, go after their dreams to become active agents in shaping the future of our homeland. Currently, the Foundation has 97 student beneficiaries studying in undergraduate or postgraduate institutions.

The Foundation is void of political, religious or trade union membership motives and is not affiliated with any political movement and has so far been funded mainly by individual benefactors.

Central Bank of Armenia: exchange rates and prices of precious metals – 01-12-23

 17:04, 1 December 2023

YEREVAN, 1 DECEMBER, ARMENPRESS. The Central Bank of Armenia informs “Armenpress” that today, 1 December, USD exchange rate up by 0.23 drams to 402.88 drams. EUR exchange rate down by 0.79 drams to 438.70 drams. Russian Ruble exchange rate down by 0.07 drams to 4.47 drams. GBP exchange rate up by 0.49 drams to 509.52 drams.

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

Gold price down by 133.82 drams to 26364.96 drams. Silver price up by 0.90 drams to 324.08 drams.

Armenia’s nuclear plant is very important for country’s energy sector, says Vahagn Khachaturyan

 17:43, 1 December 2023

YEREVAN, DECEMBER 1, ARMENPRESS. During the 28th UN Climate Change Conference in Dubai, Armenian President Vahagn Khachaturyan participated in a discussion entitled "Zero Nuclear Energy".

 Speaking about Armenia's nuclear power plant, the President emphasized its crucial role in the country's energy sector.

“It provides 25 to 30 percent of Armenia's energy capacity,” President Khachaturyan noted.

The President recalled that in the early 1990s, when he was mayor of Yerevan, people in Armenia had been living without natural gas and electricity until the Armenian nuclear power plant resumed operation.  However, their lives changed significantly after its operation. 

‘’The operation period of Armenia's nuclear power plant has been extended until 2026 and is planned to be further extended until 2036. Armenia is already considering the construction of a new nuclear power plant. Discussions are underway with U.S., South Korean, and Russian specialists to determine the appropriate capacity for the new nuclear power plant,’’ said the President and added that he did not rule out that a decision could be made to build small modular nuclear reactors, noting that the respective discussions are underway.

28th UN Climate Change Conference is being held in Dubai, United Arab Emirates, from 30 November until 12 December 2023. More than 70,000 delegates participate at COP28, including the member states (or Parties) of the UN Framework Convention on Climate Change (UNFCCC). Business leaders, young people, climate scientists, Indigenous Peoples, journalists, and various other experts and stakeholders are also among the participants.

UN Climate Change conferences (or COPs) take place every year, and are the world’s only multilateral decision-making forum on climate change with almost complete membership of every country in the world.  
The COP is where the world comes together to agree on ways to address the climate crisis, such as limiting global temperature rise to 1.5 degrees Celsius, helping vulnerable communities adapt to the effects of climate change, and achieving net-zero emissions by 2050.




Climate change remains a topping global issue: Armenian President’s speech at COP 28

 18:04, 1 December 2023

YEREVAN, DECEMBER 1, ARMENPRESS. In his speech at COP28 – the 28th meeting of the Conference of the Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC) in Dubai, UAE, Armenian President Vahagn Khachaturyan noted that the climate change remains a topping global issue.

"In 2015, we made a historic step by adopting the Paris Agreement. However, as the latest report of the International Panel on Climate Change (IPCC) highlights, we are way off track from pathways for keeping its goals. The reasons for this are numerous, including with the continued reliance on fossil fuel-based economies at its core.

It is clear that we cannot continue down the path of excessive and unsustainable exploitation of hydrocarbons for energy production. Phasing down the demand for supply of fossil fuels is an imperative,’’ said the President.

According to President Khachaturyan,  it is needed  to build energy systems, which are more carbon neutral and less fossil fuel reliant to meet our ambitions for climate change mitigation.

“The solutions are there. We need to accelerate science and build on the positive developments of the last decade by doubling and tripling the use of renewable energy sources. For that end, we need sufficient climate financing, with the Loss and Damage fund being its cornerstone,’’ he said.

The President added that as a mountainous developing country, Armenia is facing many challenges in this area. World Bank’s projections for Armenia indicate warming at levels significantly above the global average, of up to 4.7° degrees by the 2090s, under the highest emissions pathway.

“This places Armenia among the most vulnerable countries in Eastern Europe and Central Asia.

Despite the serious humanitarian challenges and external security threats, Armenia takes proactive measures to fulfil our Paris Agreement promises, employing both conventional and innovative solutions that involve all segments of the society.

In 2021, Armenia declared its post-2020 climate actions, an NDC with a 40% greenhouse reduction target by 2030. Recently, we developed long-term low-emission development strategies (LT-LEDS) to guide us towards carbon neutrality.

Our climate ambitions are largely anchored in the carbon-neutral energy transition. By 2030, we aim for a 15% share of solar energy in our total energy production. Armenia firmly believes that the attainment of our climate commitments can be achieved with long-term and sustainable use of nuclear power as a carbon-neutral source of energy and we appreciate the efforts of the International Atomic Energy Agency in this regard,’’ President Khachaturyan noted.

He added that Armenia is determined to achieving its ambitious targets and securing a clean and sustainable future for the next generation.

“We stand ready to further contribute to global efforts to this end,” concluded President Vahagn Khachaturyan.

Armenpress: Armenia highlights significant role of OPCW and reiterates strong commitment to non- proliferation agenda

 11:23, 2 December 2023

YEREVAN, DECEMBER 2, ARMENPRESS. Armenia has reaffirmed its strong commitment to the non-proliferation agenda during the 28th session of the Organisation for the Prohibition of Chemical Weapons (OPCW).

“Today the 28th Session of the OPCW Conference of the States Parties was concluded. Armenia’s National Statement emphasized the significant role of the OPCW and reaffirmed Armenia’s strong commitment to non-proliferation agenda,” Armenia’s Permanent Representation to the OPCW said on X.

Pashinyan congratulates UAE leaders on national holiday, lauds unprecedented activeness in Armenian-Emirati ties

 11:36, 2 December 2023

YEREVAN, DECEMBER 2, ARMENPRESS. Armenian Prime Minister Nikol Pashinyan has congratulated President of the United Arab Emirates Sheikh Mohamed bin Zayed Al Nahyan and Vice President, Prime Minister, Ruler of the Emirate of Dubai Sheikh Mohammed bin Rashid Al Maktoum on the occasion of the UAE national day.

The letter addressed to the UAE President reads as follows,

"Please accept my sincere congratulations and warm wishes on the occasion of the National Day of the United Arab Emirates.

The friendship between Armenia and the UAE has a long history, and today I can happily report that good traditions of mutually beneficial and strong cooperation have been formed between our two countries.

I would like to note with satisfaction that recently we have been witnessing an unprecedented activeness of Armenian-Emirati partnership, which is manifested by the readiness of both sides to give a boost to programs of bilateral interest and the positive dynamics of the development of bilateral relations.

I sincerely hope that the active dialogue and joint initiatives between our countries will be continuous, and in the near future we will witness the real results of this fruitful cooperation.

Taking this opportunity, I wish you good health and success, and peace and prosperity to the friendly people of the United Arab Emirates."

The message addressed to the Vice President of the UAE reads as follows,

"I warmly congratulate you and the people of the United Arab Emirates on the occasion of the National Day.

Armenia enthusiastically follows the continuing successes of the UAE in various fields in recent decades and looks forward to the new achievements of the friendly Emirates.

We highly value the existing partnership between the Republic of Armenia and the United Arab Emirates and are determined to deepen our cooperation in the areas outlined by both sides.

Along with the achievements and success, I am sure that the cooperation between our two countries has an even greater potential for development, to which our further joint steps should be directed.

Taking this opportunity, I wish you good health and peace and prosperity to the friendly people of the United Arab Emirates."

Armenian and Bulgarian Presidents have a short private conversation

 19:06, 1 December 2023

YEREVAN, DECEMBER 1, ARMENPRESS. On the margins of the 28th UN Climate Change Conference in Dubai, the President of the Republic of Armenia Vahagn Khachaturyan visited Bulgaria's pavilion.

Vahagn Khachaturyan toured the pavilion accompanied by the President of the Republic of Bulgaria Rumen Radev.

After the tour, the presidents of the two countries had a short private conversation. 

The UN Climate Change Conference is being held in Dubai, United Arab Emirates, from 30 November until 12 December 2023. More than 70,000 delegates participate at COP28, including the member states (or Parties) of the UN Framework Convention on Climate Change (UNFCCC). Business leaders, young people, climate scientists, Indigenous Peoples, journalists, and various other experts and stakeholders are also among the participants.

The President of the Republic of Armenia made a speech within the framework of the forum, emphasizing that climate change remains a topping global issue.




Foreign Minister Mirzoyan, OSCE PA Chair discuss issues related to OSCE activities

 19:57, 1 December 2023

YEREVAN, DECEMBER 1, ARMENPRESS. On December 1, in Skopje, on the sidelines of the 30th OSCE Ministerial Council, Minister of Foreign Affairs of the Republic of Armenia Ararat Mirzoyan had a meeting with Pia Kauma, President of the OSCE Parliamentary Assembly.

Interlocutors touched upon issues on OSCE activities, given the successful discussions of the OSCE PA autumn session, held in Yerevan last week, the foreign ministry said.

According to the source, in the context of gross violations of the OSCE fundamental principles and the practice of use of force within the OSCE area, the Minister of Foreign Affairs of Armenia noted that the international community is facing the reality where the entire Armenian population of Nagorno-Karabakh was forcibly displaced from their homeland after more than 9-months-long inhumane siege and large-scale attack by Azerbaijan on September 19.

In the context of steps aimed at ensuring stability in the South Caucasus, Ararat Mirzoyan briefed Pia Kauma on the latest developments in the process of normalization of relations with Azerbaijan and the main principles, in line with which Armenia sent its proposals on the draft treaty on normalization. Minister Mirzoyan noted that it is known that Azerbaijan refused to participate in recent high-level meetings, discussions during which could have allowed to achieve progress.

It is noted that emphasizing Armenia’s interest in unblocking regional communications, Minister Mirozyan presented the details of the "Crossroads of Peace" project, stressing that all interested parties should realize the importance of using the existing opportunities.

Grigory Khachaturov to be released on bail

 20:00, 1 December 2023

YEREVAN, DECEMBER 1, ARMENPRESS. The Criminal Court of Appeal of Armenia has partially upheld the appeal regarding the decision to extend the detention of the former commander of the 3rd Army Corps of the Armenian Armed Forces, Grigory Khachaturov.

The Court has  decided to replace Grigory Khachaturov’s measure of restraint with bail.