1996 Events
January N.K.R. leaders reject Russian President Boris Yeltsins request for Karabagh to maintain the status of an autonomous republic within Azerbaijan.

Finance Minister Levon Barkhudarian announces that Armenia's gross domestic product (G.D.P.) rose 5.4% in 1995. Armenia is the only C.I.S. country to report positive economic growth in 1996.

February 6 The National Assembly elects five members of the Constitutional Court, established by the new Constitution. Gagik Harutunian resigns as vice president to become the first president of the Constitutional Court.
March 6 A new trial opens charging 31 members of the A.R.F. with conspiracy to foster a coup d'etat against the government of Armenia, planning terrorist acts against Armenias president and defense minister, and illegal possession of arms and ammunition.
March Joseph Presel, U.S. special envoy on the Karabagh conflict, proposes a three-part peace plan that would return the occupied territories to Azerbaijan and move N.K.R.s armed forces back to the Nagorno Karabagh borders, make the Lachin Corridor a permanent link between Nagorno Karabagh and Armenia, and give Armenian refugees the right to return to their homes in Azerbaijan. The plan is considered unacceptable by Azerbaijan.

The first international bank in Armenia, British Midland Bank, opens its Yerevan Branch.

April 21 President Ter-Petrossian and Azerbaijani President Heidar Aliyev issue a joint communique following a summit meeting in Luxembourg where both presidents signed an Agreement on Partnership and Cooperation with the European Union.
May 12 The second anniversary of the cease-fire is marked by N.K.R. President Kocharian's request for the de jure recognition of N.K.R. by the international community.
June 3 The presidents of Armenia, Azerbaijan, Georgia and Russia meet in Kislovodosk where they sign a declaration, On Inter-Ethnic Accord, Peace and Economic and Cultural Cooperation.
September 2 A special session of the Nagorno Karabagh parliament passes resolution for new presidential elections to be held on November 24, 1996.
September 3 Armenian deputy Foreign Minister Vartan Oskanian states that the peace plan between Russia and Chechnya is a viable precedent and fair model for settling the Nagorno Karabagh conflict.
September 25 Protestors stormed the Armenian parliament building following the announcement that President Levon Ter-Petrossian had been reelected with 52.3 percent of the vote. Parliament Speaker Babken Ararktsian and deputy speaker Ara Sahakian were severely beaten and taken hostage. Two were killed and over 100 were injured.
November 21 Constitutional court upholds September 22 presidential election results.
November 24 Nagorno Karabagh President Robert Kocharian is reelected to a five-year presidential term with 86% of the vote.
November 26 The latest round of OSCE talks ended in a stalemate.
December 3 At the end of the OSCE Lisbon Summit, the OSCE Chairman-in-Office issued a statement setting three principles which should form part of the settlement of the Nagorno Karabagh conflict. All OSCE participating States except for Armenia voted to support these principles
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