April 2001 Events
April 1-7
A US official close to the Nagorno Karabagh Peace Talks in Key West, Florida has said Armenian President Robert Kocharian and Azerbaijani President Heydar Aliyev are expected to come to Washington, DC for an official visit. As of press time, President George W. Bush is expected to meet with Kocharian and Aliyev separately on Monday afternoon.
The two Presidents met this week with each other and international mediators in Key West, a tropical island off the coast of Florida. The discussions were said to be centered on developing a common position on the settlement of the Nagorno Karabagh conflict. On Tuesday, they were greeted by US Secretary of State Colin Powell, and since then have held several sessions with mediators from the Organization for Security and Cooperation in Europe (OSCE), representing France, Russia, and the United States. Observers have widely speculated that the OSCE mediators have presented a new outline of a peace proposal to the Armenian and Azerbaijani Presidents. In an interview with Radio Free Europe/Radio Liberty late Thursday, Foreign Minister Vartan Oskanian said meetings between the OSCE and the Armenian delegation were successful, and that similar progress with Azerbaijan may result in breakthrough in negotiations. He said at this point progress in talks depends on Azerbaijan.
The Key West talks got off to a rough start on Tuesday, when President Aliyev read out a 40-minute long list of Azerbaijan's grievances against Armenians and the OSCE mediating team. President Kocharian responded briefly, but tersely, that he did not travel to Florida to engage in propaganda or tutor the mediators, but to work constructively to achieve a settlement. Speaking to journalists on Thursday, US mediator Ambassador Carey Cavanaugh said the talks were "very productive" and expressed hope for imminent progress. But Cavanaugh added that participation of the Nagorno Karabagh side is necessary for any comprehensive agreement. 

Nagorno Karabagh President Arkady Ghoukasian this week reiterated his Republic's position that Nagorno Karabagh's independence or union with Armenia are the only two ways of reaching a settlement. "All other options mean that we move not toward peace but toward war," he said.
April 3
Key West, Florida ˜ US Secretary of State Colin Powell opened the Key West Peace Talks today between Armenian President Robert Kocharian and Azerbaijani President Heydar Aliyev.
April 4-5
The Key West talks between Azeri and Armenian presidents will be a step forward towards adjustment of the Karabakh conflict. This statement was made by the U.S. Secretary of State Colin Powell in a news conference held after his separate meetings with Azerbaijan 's Heydar Aliyev and Armenia's Robert Kocharian. Commenting on the talks, Mr Powell said the meetings gave him hope the conflict would be resolved on the basis of «mutual concessions.» The Secretary reminded that the two presidents had met before and added that the latters' adherence to peaceful resolution of the conflict were «highly» rated by international community. At the same time, Mr Powell noted that the disagreements between the parties were «remaining.» According to the top U.S. official, he and the OSCE Minsk Group co-chairs will help the conflicting parties to reach rapprochement in their positions. The U.S. diplomat also hinted that some suggestions had already been proposed to the parties but no more details were made public. Herewith, Mr Powell emphasized that all three co-chairs - the United States, France and Russia - come out from the same position and are ready to support any decision by the two presidents. The meeting of the presidents of Azerbaijan and Armenia, as well as the U.S. Secretary and the three co-chairs will end at 3:00 a.m. Baku time on April 5.
April 1-7
Most Armenian and Azerbaijani observers, asked to comment on the ongoing talks in Florida, expressed pessimism about prospects for a Karabagh settlement. Aleksandr Iskandarian, who heads a Moscow-based Center for Caucasus Studies and has followed the Karabagh conflict since 1988, said he did not think the sides were ready for compromise. He said that any agreement on Karabagh at this time would mean a loss for either or all sides to the conflict, and would result in internal political destabilization. Iskandarian also said that a settlement imposed by an outside party will not be implemented. The Armenian and Azerbaijani societies are simply not ready for co-existence just yet, he said.
Azerbaijan's Tofig Zulfugarov predicted no progress at the Key West Talks. He added that the OSCE mediators may present a new proposal to Kocharian and Aliyev, but doubted there would be an agreement. He said the most he expected is that the two presidents may just make a joint statement or not even that. Zulfugarov, who has been a key Azerbaijani expert on the Karabagh conflict since 1991, resigned as Foreign Minister in September of1999, following reported disagreements with Aliyev.
Meanwhile, the Azerbaijani President's Chief of Staff, Ramiz Mehtiyev, published an article ridiculing those Azerbaijani politicians and commentators, including Zulfugarov, who consider the military option as the only viable way of achieving a settlement in Karabagh. Mehtiyev's article is construed as another step by the Azerbaijani government in preparation for compromises on Karabagh. Mehtiyev has been widely considered the second most powerful politician in Azerbaijan after Aliyev, ever since the ouster and exile of former Speaker of the Azerbaijani Parliament Rasul Guliyev.
A member of the Azerbaijani parliament from the ruling New Azerbaijan Party who was in Yerevan this week said he saw no alternatives to a peaceful resolution. Shaitdin Aliyev, who is also a member of the Parliamentary Assembly of the Black Sea Economic Cooperation (BSEC) group, said he was sure that neither people wanted another war and that the conflict would be resolved peacefully.
April 1-7
Proceedings resumed this week in the case of the 1999 attack on the Armenian Parliament after being postponed for over a month. The judge in the case, Samvel Uzunian, ruled to postpone the trial in late February to comply with the legal request of the chief defendant, Nairi Hunanian, for more time to study court materials. Hunanian this week continued what is widely construed as his delaying tactics and refused to testify, citing alleged procedural violations in the case. The judge then opened the floor for prosecutors to read out Hunanian's testimony given in preliminary detention.
Hunanian claims he masterminded the bloody attack on the National Assembly, which took the lives of Prime Minister Vazgen Sargsian and Speaker Karen Demirchian, as well as five other officials. At various times during the investigation, Hunanian changed his testimony, claiming the murders were not pre-planned, but rather a result of a shootout with security guards in the parliamentary chamber. Initially, during a preliminary investigation following the attack, Hunanian also gave testimony implicating several officials and politicians with involvement in the attack. He later claimed that the testimony was given under pressure.
April 1-7
Disagreements over the privatization of Armenia's energy distribution networks this week renewed a rift that again threatened to split the majority Unity bloc. The tender was postponed last week until mid-April per a request from one of the bidders. Armenia's People's Party (HZhK), one of two members of the Unity, backed the Communist faction's legislative initiative to halt the privatization process. In the end, the measure failedto collect the number of votes necessary to stop the tender.
In addition to threatening the government's privatization program and WorldBank lending, the vote may result in a long-anticipated realignment offorces in parliament and affect the stability of the current cabinet. Nosingle party has a majority in the 131-member parliament, with the largest, Republican Party (HHK), holding only 27 seats. HZhK is the second largest with about 20 seats. HHK and HZhK, together make up the Unity bloc, which won the 1999 parliamentary elections, but have since suffered from defections and disagreements over key economic and political policies.
Vardan Mkrtchian, who is a senior HZhK lawmaker, said his party had "no desire" to break with HHK despite disagreements over energy privatization. Meanwhile HZhK's Acting Chairman Stepan Demirchian criticized his party over the vote, saying a halt in the long-delayed privatization threatens Armenia's economy. Prime Minister Andranik Markarian, who is a member of the Republican Party, said HHK resented HZhK faction's behavior. "We will have to make appropriate conclusions" he said.
Over the past week, the government has tried to solidify its parliamentary support base by attracting the votes of 27 independent deputies. Observers say the pro-government forces in parliament are trying to set up two new deputy groups, each numbering about 10 members, that could substitute for the possible loss of HZhK's support.
April 1-7
Armenia's State Revenue Ministry reported this week that it topped tax and custom duties collection targets for the first quarter of the year. Over$65 million entered state coffers in the first three months of 2001, about$15 million more than in the same period of last year. Andranik Manukian, the State Revenue Minister, said about 60% of the amount came from the collection of taxes and 40% from customs duties. The growth in tax revenue collection is attributed to the expansion of domestic production and clampdowns on tax-evaders. An increase in customs duties collection occurred in spite of a decline in actual import volumes, with the government fighting cross-border smuggling more effectively.
Higher revenue collection translates into the government's ability to cover its public sector debts. Also this week, Finance and Economy Minister Vardan Khachatrian said the government will be able to cover about a half of its$14.5 million debt to public healthcare workers immediately, and the rest later this year. The debt accumulated mostly due to shortfalls in state revenues last year.
April 8-14
President Robert Kocharian returned to Armenia this week sounding optimistic about the progress made with the international mediators from France, Russia and the United States in Key West, Florida during the April 3-6 peace talks on the Karabagh conflict. Calling the talks "successful" for Armenia, Kocharian expressed hope that mediators made similar progress with Azerbaijani President Heydar Aliyev. In a clear indication that this was not the case, the Azerbaijani Foreign Minister Vilayat Guliyev denied that any progress had been achieved. However, the mediators said the talks were marked by significant progress and brought parties closer to peace.
Shortly after the talks, Aliyev and Kocharian flew to Washington and held separate meetings with US President George W. Bush to discuss the talks in Florida. Vice President Richard Cheney, National Security Advisor Condoleeza Rice, and Secretary of State Colin Powell were also present. Later in the week, during a brief stop-over in Paris, Kocharian met with French President Jacques Chirac, and upon returning to Yerevan, had a phone conversation with the Russian President Vladimir Putin and a meeting with the President of the Nagorno Karabagh Republic (NKR) Arkady Ghoukasian. Kocharian plans to meet with leaders of major Armenian political parties shortly to brief them on the Key West talks.
Aliyev, meanwhile, flew to Cleveland, Ohio for a week-long medical check-up. Aliyev underwent a heart by-pass operation at the Cleveland Clinic two years ago.
The Presidents of Armenia and Azerbaijan are expected to resume their talks in June in Geneva, where they will be presented with a new "comprehensive" peace proposal, now being drafted by international mediators. Kocharian predicted this week that the new plan will be in line with Armenian national interests and will be based on the "package" principle.
As Kocharian's foreign policy aide confirmed this week, any peace proposal would also need to be endorsed by the people of Armenia, Azerbaijan and NKR. At the very least, that would entail parliamentary approval. Leaders of the Azerbaijani Parliament, who are primarily Aliyev loyalists, said this week they would support any agreement reached by their President. Approval by the factions and deputy groups in the more politically diverse Armenian parliament is likely to be more complicated.
April 8-14
The Nagorno Karabagh Republic's Defense Forces this week began their annual military exercises, involving all units deployed along the Line of Contact, plus army reservists. In what seems to be a reactive move, the Azerbaijani Defense Ministry began an unexpected call-up of reservists from districts adjacent to NKR and moved army units from the country's interior towards Karabagh. A spokesman for NKR Defense Forces reported that Karabagh's air defense units observed Azerbaijani military aircraft fly along the Line of Contact. Unlike NKR, which informed Baku of planned exercises ahead of time, Azerbaijan made no such announcements, since "it does not recognize such an entity [NKR]," according to a spokesman for the Azerbaijani Defense Ministry.
The current cease fire, in effect since May 1994, was signed by Azerbaijan, Nagorno Karabagh, as well as Armenia. NKR's Defense Minister Seyran Ohanian told a local newspaper last week that he did not expect that the fighting with Azerbaijan would resume, considering the existing balance of forces. "I think that the high-level negotiations between [Armenian President Robert]Kocharian and [Azerbaijani President Heydar]. Aliyev are leading to a peaceful settlement of the conflict," he said, but added that a comprehensive settlement would require NKR's participation.
April 8-14
The New York Life Insurance Company agreed this week to pay at least $7 million to the heirs of more than 2,000 policy holders who died in the Armenian Genocide in the Ottoman Empire. As part of a settlement, the company will contribute an additional $3 million to Armenian civic organizations.
Prior to World War I, the American company sold the insurance policies to over 3,000 Armenians then living in the Ottoman Empire, many of whom died in massacres and in the course of expulsions in the following years. Their descendents could not initially collect the policies, because many of them lost the insurance documents required by New York Life in order to authorize payments.
When the descendants of the policy holders took their case to court, the company initially tried to dismiss it. But following a decision by the California State Assembly to extend the statute of limitations permitting Armenian-Americans to file suits in California against insurers to recover money from unpaid policies, New York Life began negotiations with plaintiffs. One of the lawyers for the plaintiffs said the American company was more forthcoming than their European counterparts who have dragged out similar claims by descendants of the Nazi Holocaust victims for years.
April 8-14
Over the past week, Armenian government officials hosted a series of meetings with their counterparts from Bulgaria, Estonia, Germany and Romania. The busy diplomatic traffic included: Romania's National Defense Minister Joan Mircea Pascu who signed a military cooperation agreement with Armenian Defense Minister Serge Sargsian; Bulgaria's Minister of Transport and Communications Antonii Slavinsky signed cooperation agreements with his Armenian counterpart Yervand Zakharian and Agriculture Minister Zaven Gevorgian; Germany's Economic Cooperation Minister Heidemarie Wieczorek-Zeul finalized her country's assistance program to Armenia's hydro power energy network; and the Estonian Foreign Minister Toomas Hendrik Ilves signed an agreement on avoidance of double taxation with Foreign Minister Vartan Oskanian.
April 8-14
The total volume of foreign investments in the Armenian economy increased 29% over 1999. Armenia's Deputy Minister of Industry and Trade Tigran Davtian said this week that a preliminary estimate of $180 million for 2000 had been revised upward to $190 million
April 15-20
The Editor-in-Chief of the highly acclaimed Encyclopedia of Genocide Professor Israel Charny this week condemned Israeli Foreign Minister Shimon Peres for his recent remarks negating the Armenian Genocide. Charny said that Peres "went beyond a moral boundary that no Jew should allow himself to trespass." A Turkish newspaper quoted Peres as saying that he "rejects attempts to create a similarity between the Holocaust and the Armenian allegations. Nothing similar to the Holocaust occurred. It is a tragedy what the Armenians went through but it was not a genocide." Peres reportedly extended his support to the Turkish denial campaign by calling the historical facts of the Armenian Genocide "meaningless." The statements were made by Peres prior to a one-day visit to Turkey.
In his letter to the Foreign Minister, Charny also noted the 30th Annual Scholars' Conference on the Holocaust and the Churches held in March 2000, where many researchers on the Holocaust, including Israeli historians, signed a public declaration that the Armenian Genocide was factual. The Israeli Consulate General in Los Angeles, CA issued a statement saying "they do not support the comparison of Armenian tragedy with genocide on Jews."
Reaction to Peres' statement has come from Armenian organizations worldwide. Noted author of The Banality of Indifference: Zionism and the Armenian Genocide Dr. Yair Auron also issued a press release in response to Peres. "...now the Foreign Minister has joined the deniers on behalf of the Israeli Government. This was not a holocaust or a genocide, claimed the minister. Picture yourselves our reaction to a similar claim made by another country's Foreign Minister regarding the Holocaust. What would we feel if the Holocaust had been called a 'tragedy'?" he said. During a Holocaust commemoration vigil in Yerevan this week, Rimma Varzhapetian, President of the Jewish Community of Armenia, said that in spite of the position of the Israeli Foreign Ministry, Jews around the world empathize with Armenians' plight in the Ottoman Empire and support the recognition of the Armenian Genocide.
April 15-20
Leaders of several National Assembly factions in Armenia expressed optimism about the Karabagh peace process following their meeting with President Kocharian this week. The President of the Nagorno Karabagh Republic, Arkady Ghoukasian, was similarly upbeat, saying that "I believe that we have a real opportunity of resolving the conflict and am optimistic." Azerbaijan President Heydar Aliyev told journalists earlier this week that the latest talks in Key West made a positive contribution to the peace talks. The international mediators are expected to present a new peace plan in Geneva this June. Speaking at a public event in Washington this week, US Special Negotiator Ambassador Carey Cavanaugh acknowledged it was impossible to predict a timetable for the resolution of the Karabagh conflict. "The most daunting task remains to convince the Azerbaijani and Armenian publics that compromises and peace are in their interest," he said.
April 15-20
Armenia's economy posted the highest growth in a decade during the first quarter of 2001, President Robert Kocharian announced this week during a weekly cabinet session. The Gross Domestic Product (GDP) was up 12 percent over the same period of last year. The 20 percent growth in industrial output and nearly 30 percent growth in export accounted for much of the increase. Kocharian again underscored the need for political stability in order for the current economic trends to continue. He pointed to neighboring Turkey, where a spat between its President and Prime Minister recently triggered the worst economic crisis in years. Kocharian praised the government of Prime Minister Andranik Markarian for the "unprecedented" macroeconomic growth, and denied media speculation about an imminent cabinet reshuffle. The President's Chief Economic Advisor Vahram Nercissiantz told a local newspaper earlier this week that Armenia would need several years of at least 10 percent GDP growth to bring about tangible improvement in living standards. The Armenian economy has grown on average by five percent since a nearly 50 percent rise in the early days of independence. A recent study found the current volume of GDP of under $2 billion to be at the level of the late 1970s. The Kocharian Administration hopes that continued reforms, coupled with political stability and resolution of the Karabagh conflict, would boost private investments and job creation, and result in across the board economic benefits for Armenia.
April 15-20
About 2,000 families, most of them refugees from Azerbaijan now residing in Armenia, have filed petitions for resettlement in NKR, the Armenian agency responsible for migration reported this week. Agency head Gagik Yeganian said Armenia and NKR are jointly looking for funds to make this resettlement possible. NKR's Prime Minister Anushavan Danielian earlier set an ambitious goal to more than double the republic's population to 300,000 people over the next decade. The Karabagh government provides resettled families with housing, land plots, low-interest long-term loans and five year tax exemptions. Since the resettlement program started six years ago, some 4,000 families, previously living in Armenia, Georgia, Russia, Turkmenistan and Ukraine, re-settled in NKR. Several Armenian Diaspora communities are assisting Armenia and NKR in this effort. Yeganian indicated he believes more involvement is necessary.
April 15-20
Several thousand protesters rallied this week in opposition to the privatization of Armenia's electricity distribution networks. Over two dozen, mostly small leftist groups that organized the rally believe the upcoming privatization of the networks by Western companies is against Armenia's national interests. They are counting on backing from several parliamentary factions to again scuttle the long-delayed tender. The government, meanwhile, needs the tender to go ahead to cover half of this year's budget deficit, and argued it will cut chronic losses of state funds in a potentially profitable sector through better management and capital investments.
The tender is also seen as a political contest between Russia and the West over Armenia's energy system. Russia, the sole supplier of nuclear fuel and natural gas to Armenia's power plants that account for over three-fourths of all generated electricity, is trying to solidify this dominant role by acquiring additional generating and distributing systems. Moscow is unhappy over the exclusion of two Russian companies from the distribution networks tender and has in recent months threatened to reduce or cut gas supplies. Armenia, in turn, is seeking to ease its dependence on Russia by building a gas pipeline from Iran and selling the distribution networks to Western companies. The tender results are scheduled to be announced this weekend.
April 21-27
Government officials and civic leaders throughout the world this week commemorated the 86th anniversary of the Armenian Genocide. In his official statement, Armenian President Robert Kocharian called the Genocide "the biggest tragedy in the history of the [Armenian] nation." He reiterated the need for international recognition and assessment of this crime against humanity. Referring to the Jewish Holocaust in Nazi-controlled Europe and subsequent instances of mass killings in other parts of the world, he said "the world has already tasted in the 20th century the bitter fruits of rendering to oblivion this crime."
Hundreds of thousands of Armenian citizens, including senior government officials and foreign diplomats, joined the annual silent march to the Tsitsernakaberd memorial in Yerevan to pay their respects to the one and half million Armenians who fell victim to the Ottoman Turk government's genocidal policies. The Supreme Head of the Armenian Church, Catholicos ofall Armenians, Karekin II, together with Catholicos of Cilicia Aram I, madea pilgrimage to the Der-Zor desert in present-day Syria, to where many Armenians were deported and ultimately died there of hunger and disease.
US President George W. Bush issued a statement commemorating "the forced exile and annihilation of approximately 1.5 million Armenians in the closing years of the Ottoman Empire." As President Bill Clinton before him, Bushshied away from using the term Genocide. Turkey, which refuses to recognize the Genocide, has threatened other countries with economic sanctions and political retributions should they officially recognize the Armenian tragedy. Still, a growing number of countries, especially in recent years, have defied Turkey's blackmail. Over half of the fifty American states have also joined in the official recognition of Genocide. A spokesperson for the Armenian Foreign Ministry, expressed the Armenian government's appreciation for the US President's statement, but said it hoped that "for the sake of historical justice and the prevention of such crimes in the future, President Bush will give the events of 1915... a proper definition in his future statements: the genocide."
April 21-27
Foreign Minister Vartan Oskanian this week reaffirmed Armenia's position that it would reject any proposal that would subordinate the Nagorno Karabagh Republic (NKR) to Azerbaijan. Oskanian said Armenia would seriously consider "anything on the level of horizontal ties" between Azerbaijan and NKR. International mediators from France, Russia and the United States, working under the umbrella of the Organization for Security and Cooperation in Europe (OSCE), said earlier they will prepare a new peace proposal and present it to the Presidents of Armenia and Azerbaijan at the irnext meeting, scheduled to take place in Geneva, Switzerland in June. Oskanian added that a deal is not likely to be signed in Geneva, as both sides will bring the proposal home for approval by domestic constituencies. If necessary, Armenia will hold a referendum. In addition, NKR will have to be a party to any peace deal.
On the other hand, the Azerbaijani Foreign Minister, Vilayat Guliyev, said this week that he did not expect mediators to come up with a mutually acceptable peace deal. Guliyev contended that the Azerbaijani public is neither ready for a compromise peace settlement nor the resumption of fighting. Guliyev went on to repeat an oft-stated Azerbaijani view that a" key to settlement" of the Karabagh conflict lies in Russia. Azerbaijanhas, over the years, tried to alternatively recruit Russia and the West to help it prevail in the Karabagh issue, so far with little success. Meanwhile, in Yerevan, leaders of the leftist Front of National Accord, Ashot Manucharian and Eduard Simoniants, who were in charge of Armenia's State Agency for National Security between 1992 and 1994, called on the Armenian President to inform the public of the general outline of ongoing confidential talks with Azerbaijani President Heydar Aliyev. The former officials have repeatedly speculated that a proposed settlement of the conflict might include a clause on international control of the strategically important Meghri district in the south of Armenia. Major Armenian political parties have repeatedly stated their opposition to relinquishing direct control over Meghri.
April 21-27
The secretaries of the National Security Councils of seven former Soviet republics met for two days in Yerevan this week to discuss ways of deterring common security threats. Senior security officials from Armenia, Belarus,Kazakstan, Kyrgyzstan, Russia and Tajikistan, all of which are members ofthe Common Security Treaty (CST) of the Commonwealth of Independent States(CIS), as well as Georgia, laid out an agenda for the May 25 summit of CST states in Yerevan. The parties discussed the establishment of permanent information exchanges and mutual assistance to counter terrorist threats in member countries and cross-border raids in Central Asia. Russia and other CST members made a commitment to set up a joint rapid reaction force and provide military and technical assistance to Tajikistan and Kyrgyzstan. In recent years they have been targeted for incursions by Islamist radicals operating out of Taliban-controlled Afghanistan. Armenia had previously sent modest military assistance to Kyrgyzstan, but refused to commit ground forces for joint operations. Armenia itself hosts a Russian contingent of several thousand troops as a deterrent against possible hostile actions by Turkey.
April 24
Hundreds of thousands of Armenians from all parts of the world walked up the Tsitsernakaberd hill in Yerevan to the 1915 Genocide Memorial on the annual day of remembrance for Armenians massacred in the Ottoman Empire. Ceremonies were also held in Armenian communities throughout the world. Click for more...
April 21-27
The Armenian government was forced to nullify the long-awaited tender for privatization of the country's electricity distribution networks, when the US' AES Silk Road and Spain's Union Fenosa decided not to submit bids last weekend. The World Bank (WB), Armenia's largest lender, which earlier made its next Structural Adjustment Credit (SAC-4) worth $50 million conditional on the privatization of the networks, is now expected to delay its disbursal.
Armenia's Energy Minister Karen Galstian said this week that the government still hopes to complete the privatization by the end of this year. Armenia depends on the WB loan to cover half of this year's budget deficit. The Western companies were said to have been deterred by several government demands, including a requirement not to increase electricity prices in the next three years. The Armenian government insisted on this condition in response to public concern that privatization would result in an increase of electricity costs.
Aram Sargsian, chairman of the small left-wing Democratic Party who led a coalition of two dozen parties and organizations in opposition to the sell-off, argued this week for a takeover of the networks by Russian companies. Russia's Itera and Ros Atom Energo, who are respectively sole suppliers of natural gas and nuclear fuel to Armenia, were disqualified from participating in the networks' tender last year. Officials argued that the companies had no experience in running public utilities.
April 21-27
The United States Overseas Private Investment Corporation (OPIC) released an$18 million loan to a US company reconstructing one of Armenia's main hotels, Armenian news agencies reported late last week. Additionally, the International Finance Corporation (IFC), part of the World Bank Group, reportedly purchased 25 percent of Hotel Armenia shares for $3.6 million. The US company, AK Development, initially purchased 80 percent of the hotel shares in August 1998 for $8 million with an investment commitment of an additional $22 million. The company has since embarked on a large-scale reconstruction of the hotel and hired a Marriot International managing team to run it. The loan is the first of its kind by OPIC anywhere in the Caucasus and was initially announced in October 1999. It is also the first case of direct investment by IFC in Armenia. The corporation had previously made investments in Azerbaijan and Georgia. Armenian officials hope to boost tourism revenue through privatization and reconstruction of the country's tourist infrastructure. A major influx of visitors is expected this year for the events related to the 1700thanniversary of Armenia's adoption of Christianity as the state religion.
May 3
ARMENIA WINS A SEAT ON AN IMPORTANT U.N. BODY
At its meeting on May 3, 2001, the UN's Economic and Social Council elected 14 new members to three-year terms on the UN Human Rights Commission. Against great odds, Armenia won one of those 14 seats. Click for more...
April 27- May 3
In a rare expression of solidarity, all eleven parliamentary parties and groups signed a joint statement late last week outlining their position on the settlement of the Karabagh conflict. The statement was welcomed by Armenia's President Robert Kocharian, who is expected to meet with Azerbaijan's President Heydar Aliyev in Geneva, Switzerland in mid-June. The US Envoy to the peace talks Carey Cavanaugh confirmed the timing of the meeting at an international conference on Karabagh that was held in Germany this week. In addition to the United States, France and Russia will continue to act as mediators in talks between Aliyev and Kocharian.
The co-signers of the parliamentary statement, representing the entire Armenian political spectrum, from communists to groups advocating business interests, called for a peaceful settlement of the conflict, to ensure a lasting stability and development of the Caucasus region. Armenian lawmakers called for reunification of Armenia and the Nagorno Karabagh Republic (NKR), or, alternatively, international recognition of NKR, as two acceptable forms of settlement. A final version of the settlement, which parliamentarians said must include participation of the NKR leadership, must involve a direct ground link between Armenia and NKR, and a demilitarized border between NKR and Azerbaijan. Armenian MPs ruled out any concession on the territory of Armenia proper as part of a settlement with Azerbaijan. While praising the activities of mediators, parliamentarians warned against "hasty steps" or putting "pressure" on the conflicting sides, calling such tactics counter-productive. A leading Armenian analyst concurred. Citing the recent violence in the Middle East, he urged mediators not to rush the peace process at the risk of "making things worse."
Kocharian called the parliamentary initiative important. Compared to the outcry over Karabagh negotiations in Azerbaijan that often borders on hysteria, the relative calmness in Armenia, in the words of the President, "testifies to the self-confidence [of Armenian political forces] rather than indifference." In an interview this week, Armenia's Foreign Minister Vardan Oskanian once again presented the official position of Yerevan on a Karabagh settlement: "There must be horizontal relations between Karabagh and Azerbaijan.., thus, autonomy is not sufficient." In reference to speculation on a possible exchange of territories, Oskanian said that "we are not discussing a barter trade with sovereign territories. We are talking about Armenia's free access to Karabagh and Azerbaijan's free access to Nakhichevan."
April 27- May 3
President Robert Kocharian will lead a senior government delegation to New York next week to participate in an international conference on investment opportunities in Armenia. The US Trade and Development Agency, the International Finance Corporation and the World Bank organized the conference that will be held at New York's Plaza Hotel from May 9 through 11. The conference will feature presentations by businessmen already investing in Armenia and will introduce potential investors to Armenia's legal and tax environment and available transportation and logistics options, as well as the specific investment opportunities in information technology, energy, mining, tourism and agribusiness. Kocharian will be accompanied by the Ministers of Energy, and Industry and Trade, and the Deputy Minister of Finance and Economy. World Bank President James Wolfensohn and US Deputy Secretary of State Richard Armitage are also expected to attend.
April 27- May 3
President of Lebanon Emile Lahoud paid a two-day state visit to Armenia this week for talks with his Armenian counterpart Robert Kocharian and Prime Minister Andranik Margarian. The Lebanese President and Armenian leaders agreed to set up an inter-government commission to boost economic ties. Armenia is particularly interested in Lebanon's experience in the banking sector. Last year's bilateral trade amounted to a modest $9.5 million, with the lion's share accounted for by Lebanese imports. The two countries have traditionally friendly ties. Lebanon is home to a 200,000-strong Armenian community, which is represented in the country's government and parliament. The community is largely comprised of descendants of survivors of the Genocide in Ottoman Turkey, who, following deportations from Anatolia, found refuge in the Levant. Lebanon is the only Arabic country to have recognized the Armenian Genocide. It has consistently opposed anti-Armenian initiatives lobbied by Azerbaijan in the Organization of Islamic Conference.
April 27- May 3
Senior security officials from Armenia and Russia have announced a series of measures designed to improve coordination between the Armenian army units and Russian forces, stationed along Armenia's border with Turkey. In the early 1990s, Armenia agreed to allow Russian forces on its soil as a deterrent against Turkey, which consistently maintained an aggressive posture against Armenia, even threatening a military intervention. In spite of Yerevan's goodwill, Ankara continues to refuse to establish diplomatic relations, maintains a blockade against Armenia and undermines the Karabagh peace process by providing direct military assistance to Azerbaijan.
The Russian contingent in Armenia includes motorized infantry and air defense forces, numbering several thousand. This week, the Russian forces' air defense component, the core of which consists of S-300 long-range air-defense missile complexes and MiG-29 interceptor aircraft, and the Armenian air-defense units and army aviation, completed preparations for joint combat duty. The Defense Ministers of Armenia and Russia initially agreed to the measure in March of last year.
Armenia's Defense Minister Serge Sargsian told journalists late last week that Armenia and Russia will soon set up a joint ground force that will deploy along the border with Turkey. The force, that will be under Armenian command, will be comprised of the motorized infantry component of the Russian forces based largely in Gyumri, in northwestern Armenia, and the 5th Corps of the Armenian army, headquartered just south of Yerevan. The Armenian army's four other corps are deployed along the borders with Azerbaijan and the Nakhichevan Autonomous Republic.
April 27- May 3
Armenia's Parliament this week authorized the Ministry of Finance and Economy to use $16.2 million from the proceeds collected through privatization to cover part of Armenia's debt to Russia. The move came following Moscow's refusal to further restructure debts accrued in the early 1990s, when Russia provided Armenia with loans to re-commission its nuclear power plant. Armenia initially intended to use the privatization proceeds for construction projects in the earthquake-damaged areas in northern Armenia. Armenia's total debt to Russia stands at $114 million. Armenia was forced to borrow funds in order to cover expenses for supplies of nuclear fuel and natural gas from Russia. Local press reports suggested that Russia toughened its attitude towards Armenia's debts, following the exclusion of Russian state monopolies from the tender for privatization of Armenia's electricity distribution networks.
April 27- May 3
Most Armenian newspapers ran editorials this week marking the International Day of Journalism. The majority of authors agreed that while free of censorship, Armenian newspapers have not yet reached the level of financial independence necessary to be completely independent. Almost without exception, Armenian newspapers, even those officially independent, are affiliated with one or another political party and their advertising revenues are usually small. Even while they represent a diversity of views, with a total print run of just 50,000, largely limited to the country's capital, the newspapers are not yet in a position to shape public opinion nationwide.
Reprinted, by permission, from Armenian Assembly of AmericaArmenian International Magazine , Armenian National Committee of America , Armenian National Institute ,Groong. Armenian News Network  
History
2001
January
February
March
April
May
June
July
August
September
Oktober
November
December
 
Back

Contact us: Armenia - Diaspora Official Web Site
Ministry of Foreign Affairs of the Republic of Armenia
Government House 2, Republic Square, Yerevan 375010, Republic of Armenia

http://www.armeniadiaspora.com/ | E-mail: info@ArmeniaDiaspora.com | Telephone: (374-1) 544041 Ext: 298, 299