Saakashvili Ready to Meet Bagapsh in Tbilisi During Bush Visit

Civil Georgia, Georgia
April 12 2005

Saakashvili Ready to Meet Bagapsh in Tbilisi During U.S. President’s
Visit

MP Givi Targamadze told reporters, after talks with U.S. Department
of State Senior Negotiator for Nagorno-Karabakh and Eurasian
Conflicts on Steven Mann on April 12, that `Georgian President
Mikheil Saakashvili is ready to meet Sergey Bagapsh [President of
breakaway Abkhazia] and Eduard Kokoity [leader of breakaway South
Ossetia] in Tbilisi during the visit of [U.S. President] George Bush
to Georgia’ on May 10.

This statement immediately triggered speculations that Ambassador
Mann, who held talks with the Abkhaz leadership in Sokhumi on April
11, invited the breakaway region’s President to travel to Tbilisi
during the U.S. President’s visit. Mann, however, said that his visit
to Sokhumi had nothing in common with the U.S. President’s planned
trip to Georgia.

Abkhaz Leader, U.S. Officials Discuss Conflict Resolution

Civil Georgia, Georgia
April 12 2005

Abkhaz Leader, U.S. Officials Discuss Conflict Resolution

President of breakaway Abkhazia Sergey Bagapsh told the visiting
U.S. diplomats on April 11 that Abkhazia will not give up its
uncompromising stance over the region’s independence, Abkhaz news
agency Apsnypress reports.

U.S. Senior Advisor for Caspian Basin Energy Diplomacy Ambassador
Steven Mann, who is also the Special Negotiator for Nagorno-Karabakh
and Eurasian Conflicts, U.S. Ambassador to Georgia Richard Miles and
other officials visited the Abkhaz capital on April 11. They held
talks with Abkhaz leader Bagapsh, vice-president Raul Khajimba and
speaker of parliament Nugzar Ashuba.

The Abkhaz leader reiterated that Sokhumi is presently ready to
discuss only economic issues with the Georgian side, as talks over
the political problems bring the negotiation process to a halt.

Sergey Bagapsh said that the Abkhaz side is ready to contribute to
developing a peace plan, which could guarantee `peaceful co-existence
of the two neighboring states,’ the agency reports.

According to Apsnypress, Ambassador Steven Mann also pointed out that
the United States supports only a peaceful resolution of this
conflict.

BAKU: France supports peace policy of Azerbaijan

AzerTag, Azerbaijan
April 12 2005

FRANCE SUPPORTS PEACE POLICY OF AZERBAIJAN
[April 12, 2005, 11:23:23]

Speaker of Milli Majlis (Azerbaijan Parliament) Murtuz Alaskarov has
received the visiting Chairman of the French-Azerbaijan Friendship
Group, Senator Ambroise Dupont, April 11.

Greeting the guest, Mr. Alaskarov spoke of the history of relations
between two countries, of importance of the historical visit of the
nationwide leader of Azerbaijan Heydar Aliyev to France in 1993. He
said, President Ilham Aliyev as a president also has made his first
visit to France, and that the agreements signed during this visit
have set up firm ground for a new stage in the bilateral relations.
Over 25 French companies work in Azerbaijan. They mainly are engaged
in large-scale projects.

Chairman of the Milli Majlis recalled his meetings with the Chairman
of the French Senate Poncelet last year in Versailles during which
was reached agreements on tourism and cultural links underlining that
the recently opened Cultural Center of France in Baku is logic
continuation of that agreement.

Speaker of Parliament said Azerbaijan has great potential to develop
tourism in the country. Bu occupation on 20 percent of the Country’s
territories seriously impedes development of this branch at a due
level.

The people of Azerbaijan expect much form France as one of the OSCE
Minsk Group co-chairs. The co-chairs better to take strict measures
against the aggressor, he emphasized.

Senator Ambroise Dupont expressed consent for warm reception and
provided information, conveyed greetings of the Chairman of French
Senate Christian Poncelet to Mr. Alskarov. He expressed pleasure with
the changes in the country, especially with the quick economic
development. Azerbaijan has much potential for greater development
but its needs peace in region, he said. Azerbaijan adherence to peace
in the Nagorno Karabakh problem is important. `We welcome this policy
and support’, Mr. Dupont underlined.

In the meeting, also were exchanged views on a number of other issues
of mutual interest.

First Local Government In Australia To Recognise Armenian Genocide

PRESS RELEASE
Diocese of the Armenian Church of Australia & New Zealand
10 Macquarie Street
Chatswood NSW 2067
AUSTRALIA
Contact: Laura Artinian
Tel: (02) 9419-8056
Fax: (02) 9904-8446
Email: [email protected]

13 April 2005

FIRST LOCAL GOVERNMENT IN AUSTRALIA TO RECOGNISE ARMENIAN GENOCIDE

Sydney, Australia – On Tuesday, 12 April, 2005 history was made in Australia
with the first municipal or local government, namely Ryde City Council,
unanimously passing the motion of Councillor Sarkis Yedelian recognising the
Armenian Genocide of 1915. (See text of motion below)

The Council meeting was opened with the Lord’s Prayer and the Prayer of
Divine Wisdom written in the 12th century by Catholicos Nerses Shnorhali,
delivered by His Eminence Archbishop Aghan Baliozian, Primate of the Diocese
of the Armenian Church of Australia and New Zealand. The prayers were
warmly received by Mayor Terry Perram and Councillors. A large number of
Armenian residents of the city of Ryde attended the meeting lending their
support. Also present were members of the Church Council of Sydney.

The Council meeting was addressed by six members from the Armenian Community
including the Primate who appealed to the conscience of the Councillors to
play their part in healing a nation’s deep wound and denouncing violation of
human rights through their public affirmation of the proposed motion. In
doing so, Ryde City Council would become the first local government in
Australia to officially recognise the Armenian genocide and would join the
ranks of 76 municipal/local governments worldwide.

The Councillors favourably received the motion of Cr Sarkis Yedelian and the
united voice of the speakers calling for justice to be done. With
Councillor Ivan Petch seconding the motion, all were in favour and the
motion was carried forward unanimously.

This is a triumphant result for Armenians in Australia and the international
movement for genocide recognition. It is the second official recognition by
an Australian government. On 17 April 1997, the NSW State Parliament passed
a bipartisan resolution condemning the genocide of the Armenians and in 1998
a memorial to the Armenian Martyrs was dedicated on the rooftop gardens of
Parliament House.

MOTION OF CR YEDELIAN:

“That Council
(1) acknowledge this year as marking the occasion of the 90th anniversary
commemoration of the Genocide of the Armenians perpetrated by the then
Ottoman Government between the years 1915-1922;
(2) joins the Armenian community of Ryde in honouring the memory of 1.5
million men, women and children who died in the first genocide of the
twentieth century;
(3) recognises April 24 every year as a day of remembrance of the Armenian
Genocide;
(4) condemns the genocide of the Armenians and all other acts of genocide
committed as the ultimate act of racial, religious and cultural intolerance;
(5) calls on the Commonwealth government to officially condemn:
(i) the genocide of the Armenians
(ii) any attempt to deny such crimes against humanity.”

Genozid von 1915

Taz, die tageszeitung
13. April 2005

Genozid von 1915

Am 24. April 1915 begann mit Massakern und Todesmärschen der
Völkermord der Türkei an den Armeniern.

Er kostete zwischen 1,2 und 1,5 Millionen Menschen das Leben. Das
Deutsche Reich wusste von den Vorgängen, blieb jedoch untätig.

Im Kölner Lew-Kopelew-Forum startet heute eine Ausstellung zum Thema
(19 Uhr, Neumarkt 18a). Morgen wird dort der Film “Armenien im
Frühling” gezeigt (19 Uhr). Am Freitag gibt es im Forum eine Lesung
mit dem Publizisten Raffi Kantian (19 Uhr). Weitere Veranstaltungen
unter:

Unsere Wurzeln wurden vernichtet

Taz, die tageszeitung
13. April 2005

“Our roots were destroyed”
Turkey’s refusal to recognize the Armenian Genocide is fatal, says
Masis Bedros …

“Unsere Wurzeln wurden vernichtet”;

Die Weigerung der Türkei, den Völkermord an den Armeniern
anzuerkennen, sei fatal, meint der Geschäftsführer der Kölner
Armenischen Gemeinde, Masis Bedros. Dass auch der Bundestag den
Begriff scheut, “ist eine Unverschämtheit”

AUTOR: SUSANNE GANNOTT

Die Weigerung der Türkei, den Völkermord an den Armeniern
anzuerkennen, sei fatal, meint der Geschäftsführer der Kölner
Armenischen Gemeinde, Masis Bedros. Dass auch der Bundestag den
Begriff scheut, “ist eine Unverschämtheit”

taz: Herr Bedros, heute beginnt eine Veranstaltungsreihe im Kölner
Lew-Kopelew-Forum zum 90. Jahrestag des Völkermords an den Armeniern.
Weitere Termine folgen in den nächsten Wochen. Wie wichtig ist für
Sie der 24. April als armenischer Nationalfeiertag?

Masis Bedros: Dieser Tag ist einer der wichtigsten unserer
Geschichte, nicht nur wegen der Vergangenheit, sondern auch wegen
unserer alltäglichen Probleme heute – und den Folgen der Diaspora.
Die macht vieles schwierig. Wenn zum Beispiel jemand stirbt, müssen
wir mit der Beerdigung oft tagelang warten, bis die Familie aus aller
Welt angereist ist. Da muss der Onkel aus den USA kommen, die
Schwester aus der Türkei und so weiter. Bei Hochzeiten oder anderen
Feiern gilt dasselbe.

In Köln und Umgebung gibt es eine recht große armenische Gemeinde mit
5.000 Mitgliedern. Ist der Zusammenhalt untereinander stark?

Auf jeden Fall. Das Zusammengehörigkeitsgefühl in Alltag und
Geschäftsleben ist sehr stark.

In Köln leben ja auch viele Türken. Gibt es da Kontakte – oder eher
nicht?

Das kommt darauf an, woher die Leute kommen. Die meisten Armenier
sind aus der Türkei. Sie kamen vor allem in den 60er Jahren als
Gastarbeiter und in den 80ern als Asylbewerber. Sie haben durchaus
Kontakte zu Türken. Da gibt es auch viele Ähnlichkeiten in der
Mentalität. Bei den Armeniern aus Iran, dem heutigen Armenien, Syrien
oder Irak ist das weniger der Fall.

Offiziell weigert sich die Türkei, den Völkermord an den Armeniern
anzuerkennen. Gibt es trotzdem im Persönlichen keinerlei
Berührungsängste?

Jein. Die türkischen Familien, die schon länger in Anatolien lebten,
wissen aus ihrer Familiengeschichte, was den Armeniern angetan wurde.
Zumal viele sagen, dass ihre Oma oder ihr Opa Armenier waren, die als
Waisenkinder aufgenommen und türkisch erzogen worden sind. Dann gibt
es aber auch Nachkommen türkischer Familien, die nach 1923 in
Anatolien angesiedelt wurden. Die kennen die Geschichte überhaupt
nicht. Die Familien wussten oft nur, dass die Häuser, in die sie
einzogen, früher von Armeniern bewohnt waren, aber nicht, unter
welchen Umständen man sie vertrieben hatte. Von offizieller Seite
oder wenn zwei Türken miteinander reden, heißt es sowieso: Nein, das
haben wir nie im Leben getan. Da muss die Ehre gewahrt bleiben.

Im Deutschen Bundestag wird jetzt ein Antrag zu Armenien diskutiert,
in dem das Wort “Völkermord” nicht vorkommt, weil man es sich mit der
Türkei nicht verscherzen will. Wie empfinden Sie das?

Das ist eine Unverschämtheit, was Deutschland sich hier leistet,
zumal es ja eine große Mitschuld Deutschlands gibt. Besonders
enttäuscht bin ich, weil der Holocaust an den Juden hier sehr gut
aufgearbeitet wurde. Gerade Deutschland könnte als guter Freund der
Türkei sagen: Hört mal, wir haben unsere Vergangenheit so
aufgearbeitet, es wäre gut, wenn ihr das auch tätet.

Warum ist die Anerkennung des Völkermords durch die Türkei für Sie so
wichtig?

Es geht hier nicht nur um 1,5 Millionen Opfer. Unsere gesamten
kulturellen Wurzeln wurden vernichtet. Hinzu kommt noch, dass wir in
der Türkei oft als Täter hingestellt werden. Die Geschichte wird so
hingestellt, als hätten wir es nicht anders verdient. Und die ganze
Kultur der Türkei wird entarmenisiert. Vor kurzem wurden sogar Tiere
und Pflanzen, die lateinische Namen wie “Armenica” und “Curdica”
hatten, umbenannt in “Anatolica”. Solche Dinge schmerzen die
Armenier.

“Flugdiplomatie” zwischen Ankara und Erewan

Neue Zürcher Zeitung, Deutschland
12. April 2005

“Flight diplomacy: between Ankara & Yerevan:
Armenian tourists discover Turkey

“Flugdiplomatie” zwischen Ankara und Erewan

van Gent A.

Armenische Touristen entdecken die Türkei

Die Regierung in Ankara hat Ende letzter Woche einer Flugverbindung
zwischen der Mittelmeerstadt Antalya und der armenischen Hauptstadt
Erewan zugestimmt. Das meldeten türkische Medien am Wochenende.
Ankaras Geste sei als “Flugdiplomatie” zu verstehen und solle die
armenisch-türkischen Beziehungen angesichts des herannahenden 24.
Aprils entspannen, schrieb die englischsprachige Zeitung “Turkish
Daily News”. Am 24. April 1915 war die Zwangsevakuierung der Armenier
aus dem Osmanischen Reich angeordnet worden. Bei Todesmärschen kamen
Hunderttausende von Armeniern ums Leben. Nach verbreiteter Auffassung
handelte es sich bei diesem Geschehen um Völkermord. Die offizielle
Türkei verwahrt sich vehement gegen diese Bewertung der Ereignisse.

Zum Baden und Arbeiten nach Antalya

Die Türkei und Armenien unterhalten keine diplomatischen Beziehungen,
was eigentlich Flugverkehr zwischen den beiden Nachbarländern
verhindern müsste. Das türkische Aussenministerium habe mit seiner
Erlaubnis für die neue Flugverbindung auf eine Anfrage der
armenischen privaten Fluggesellschaft Armavia reagiert, hiess es
knapp in Ankara. Armavia soll von Mai bis September einmal in der
Woche zwischen Erewan und Antalya fliegen. Der Mittelmeerhafen der
Türkei ist offenbar neuerdings für Armenier ein beliebter
Touristenort. 20″000 armenische Touristen besuchen laut der Website
von CNN-Türk die Türkei im Winter; im Sommer steigt die Zahl auf
50″000. Bei der Ankunft müssten die Besucher 10 Dollar bezahlen für
ein Monatsvisum, das viele von ihnen auch für Gelegenheitsarbeiten
benützten. Armavia fliegt gemeinsam mit den Armenian Airlines seit
mehreren Jahren zweimal in der Woche zwischen Istanbul und Erewan.
Die Fluggesellschaft benützt zudem türkische Flugkorridore für andere
Destinationen.

“Geste guten Willens”

Ob die neue Flugbewilligung die bilateralen Beziehungen tatsächlich
entspannen kann, ist allerdings fraglich. Armenier sind derzeit am
Lobbyieren, damit die Vereinigten Staaten 90 Jahre nach der
Vertreibung die Massaker von 1915 als Völkermord anerkennen. Genau
das will Ankara aber verhindern. Ankara weist die Genozidvorwürfe
vehement zurück; gleichzeitig ist es durch diese tief verunsichert.
Bezeichnend ist, dass die Meldung über die Flugroute Erewan-Antalya
in der Presse als “Geste guten Willens” gepriesen wurde. Dass Armavia
schon letztes Jahr Antalya angeflogen hatte und die Route
infolgedessen nichts Neues ist, ging dabei unter.

[Darwin Jamgochian <[email protected]>:’CNN Traveller’ I

–Boundary_(ID_vnWjuVJxAeGY2Hk+uBacsg)
Content-typ e: message/rfc822

From: Darwin Jamgochian <[email protected]>
Subject: ‘CNN Traveller’ Introduces Armenia to a Vast Audience
MIME-version: 1.0
Content-type: text/plain; format=flowed; charset=iso-8859-1; reply-type=original
Content-transfer-encoding: 7BIT

Yerevan, April 12
‘CNN Traveller’ Introduces Armenia to a Vast Audience
(LONDON) CNN Traveller magazine, one of the world’s leading travel magazines
with a worldwide readership of more than 800,000, features Armenia’s ecology
in its current (April) issue.
This is the highest-circulation travel magazine to ever feature Armenia in
its pages, and it is the most widely-circulated magazine feature on Armenia
in the United Kingdom, where CNN Traveller is published. The story thus
introduces Armenia to a vast audience.
The feature describes the current state of the environment in Armenia, as
measured by the health and biological diversity of its bird population-a
marker that scientists believe is one reliable measure of a region’s
ecological health.
Armenia has a “disproportionately large number of bird species within its
modest geographic area,” write the story’s authors Robert Kurkjian and
Matthew Karanian, and this explains part of the attraction that the country
has to ornithologists and other scientists, they say.
Kurkjian and Karanian are experts on the Armenian environment. Kurkjian is
an environmental scientist with a Ph D from the University of California.
Karanian is an attorney who teaches environmental law at the American
University of Armenia. They are also professional photographers, and their
images illustrate the CNN story, as well as dozens of other magazine stories
they have co-authored about Armenia and Karabagh.
Their CNN story is an account of a birding expedition that had been
organized by the American University of Armenia’s “Birds of Armenia”
research project. The project, which is funded by the Armenian-American
philanthropist and conservationist Sarkis Acopian, has been working for the
past decade to raise environmental awareness in Armenia.
The magazine story’s authors, Karanian and Kurkjian, are also the authors
and photographers who created the recently-released country guide, “The
Stone Garden Guide to Armenia and Karabagh.” Their book includes a chapter
on Armenia’s conservation efforts.
The editors of CNN Traveller write that it is “the first stand-alone guide
to this often forgotten part of the world.” At 304-pages, “The Stone Garden
Guide to Armenia and Karabagh” is also the most comprehensive country guide
for the region, and it features 75 stunning color photographs and 25
detailed maps.

–Boundary_(ID_vnWjuVJxAeGY2Hk+uBacsg)–

www.armeniadiaspora.com

Bob Dole’s 60-Year War

The Washington Post
April 12, 2005 Tuesday
Final Edition

Bob Dole’s 60-Year War

by Jonathan Yardley

ONE SOLDIER’S STORY
A Memoir
By Bob Dole
HarperCollins. 287 pp. $25.95

Bob Dole has spent the nearly nine years since his not entirely
voluntary retirement from political office busily, even frantically,
cashing in. What seemed like only minutes after his defeat by Bill
Clinton in the 1996 presidential election, Dole rushed off in any
direction where a dollar beckoned. He did so many commercials it was
difficult to keep track: Visa, Target, Dunkin’ Donuts, Pepsi, Air
France and, most notoriously, Viagra. Never mind that at least some
of his haul was donated to charity; the overall impression was of
someone turning a public career into a springboard for private gain
in ways that brought no credit to that career, or to the many
Americans who placed their faith in Dole.

Now he’s come forth with a book, the product of many ghostly hands.
“One Soldier’s Story” is an account of Dole’s boyhood in Kansas
during the 1920s and the Depression, his service in World War II, the
terrible wounds he suffered in combat in the European war’s final
weeks and his long, hard, determined and courageous recovery. To say
that it is a familiar story is understatement; during nearly half a
century in politics, Dole and his acolytes told it over and over and
over again, not so much ennobling Dole as trivializing a very human
and very powerful story.

Precisely what is served by telling it once again in book form is
difficult to determine. Certainly it is self-serving for Dole to
thank his publisher “for recognizing that my story represents an
entire generation of heroes who endured World War II, and for seeing
the need to pass on a legacy to the next generation.” In truth,
Dole’s story can be said to “represent” only the stories of soldiers
who were traumatically wounded yet managed, through their own
steadfastness and the selfless help of others, to achieve some
measure of healing. Dole’s phrasing, though, suggests that he is
trying to climb aboard the highly lucrative “Greatest Generation”
bandwagon, putting himself forth as its emblematic and heroic figure.

What makes this undertaking even harder to accept as anything but
another raid on the money tree is that Dole told pretty much the same
story (except for some previously unpublished letters he sent home
from training camp and the front), in “Unlimited Partners: Our
American Story,” written with his wife, Elizabeth Dole, with the
helping hand of Richard Norton Smith, who also “provided enormous
editorial assistance as well as his unique perspectives on my story”
in the production of the new book. The collaboration with Elizabeth
Dole was originally published in 1988, as part of Dole’s effort to
secure a Republican presidential nomination, and revised subsequently
to include the story of the 1996 campaign.

All of which makes “One Soldier’s Story” a difficult book to review.
To raise objections to the motives apparently behind it and its flat,
assembly-line prose doubtless will be taken in some quarters as an
attempt to belittle what happened to Dole and how he overcame it.
Nothing of the sort is intended. As one who finds much to admire in
Dole’s political career and who voted for him in 1996, I am inclined
to wink at his lapses in taste, judgment and rhetoric — of which,
alas, there have been a good many over the years. But even after
every benefit of the doubt is extended to Dole, “One Soldier’s Story”
has little to recommend it.

You know the story. In April 1945, the newly minted second lieutenant
(a “90-Day Wonder,” as those young, green officers were called) was
hit by a “mortar round, exploding shell, or machine gun blast —
whatever it was, I’ll never know” — in action in the Italian
Apennine Mountains. “I didn’t know it at the time, but whatever it
was that hit me had ripped apart my shoulder, breaking my collarbone
and my right arm, smashing down into my vertebrae, and damaging my
spinal cord.” It is a miracle that Dole survived the several hours
before medics reached him, then the excruciating trip to a hospital,
then the transatlantic flight, then the years of treatment, surgery
and therapy.

Even told for the umpteenth time, the story retains its power. “On
the morning of April 14, 1945, I could raise my right hand high in
the air and motion the men in my platoon to follow me. It’s been more
than sixty years since that morning, and I’ve not raised my right
hand over my head since.” And, after seeing himself for the first
time in a mirror, a sight that “horrified” him: “It’s been more than
sixty years since I first saw that image in the bathroom mirror. In
the past sixty years, I’ve glanced at my full body in a mirror less
than half a dozen times. Except to shave and comb my hair, I still
avoid looking in mirrors. After showering in the morning, the first
thing I do is put on a T-shirt. I don’t need any more reminders.”

Dole is quick to acknowledge those who helped him and is generous in
his thanks. His entire family pitched in, but the “unconditional
love” of his mother was crucial. Many doctors counseled and operated
on him; the most important was “Dr. K,” Hampar Kelikian, “an Armenian
refugee who . . . understood the horrors of war all too well” and who
“inspired within me a new attitude, a new way of looking at my life,
urging me to focus on what I had left and what I could do with it,
rather than complaining about what had been lost and could never be
repaired.” Many nurses attended him as well, by far the most
important being Phyllis Holden, whom he married in 1948; she “refused
to treat me as a cripple; she knew that the best way I could be happy
was to do things for myself.”

Dole went back to college, then to law school and soon enough into
politics. He thinks that he’d have done much the same had he returned
from the war unscathed, but that seems unlikely. The war was the
shaping experience of his life, and everything that followed it must
be seen in that light. This includes his lifelong sympathy for others
who have suffered, as well as the conflict that often surfaced during
his political career between this sympathy and his belief in
individual self-reliance unencumbered by governmental assistance.

As has been remarked elsewhere, it also no doubt helps explain the
bitterness and meanness he cannot always control. A man who has spent
six decades asking “Why me? Why did it happen?” would have to be a
saint to avoid anger and self-pity, and Dole is no saint.
Unfortunately, there is evidence of this in the closing pages, in
which Dole pats himself on the back for his role in placing the World
War II Memorial in the middle of the Mall. With regard to an
organization called Save the Mall, which fought hard and fair against
the memorial, Dole says: “We already saved it once. . . . We saved it
and everything else in World War II.” Not merely is that
breathtakingly self-righteous, it also condescends to a group of
serious, public-spirited citizens and shows little but contempt for
what one would expect a Great Plains conservative to hold dear: the
right of Americans to hold and express differing points of view.

The ways in which Dole engineered the World War II Memorial did him
little credit. Unfortunately the principal effect of the final pages
of “One Soldier’s Story” is merely to remind us of this, bringing to
an unfortunate end a book that would best have gone unwritten.

RUSAL Secures Loan to Finance Armenal Modernization

RIA OREANDA
Economic News
April 12, 2005 Tuesday

RUSAL Secures Loan to Finance Armenal Modernization

Moscow. OREANDA. RUSAL, one of the world’s leading aluminum
producers, has secured a 46.6 million (Euro) export loan extended by
German-based Bayerische Landesbank (BayernLB).

The loan is given with guarantees from the German export loan agency
Euler Hermes, to fund a large-scale programme to upgrade its RUSAL
Armenal foil mill in Armenia and is unprecedented in Armenian
business both in terms of the sum and the term.

It is the first such loan granted by a foreign bank to a private
company in Armenia to undertake a technical modernization programme.