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Armenia is not attractive for investments – businessman

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Armenia is not an attractive country for foreign investments and new businesses, a Diaspora-Armenian businessman finds.

Vahagn Hovnanyan told reporters on Wednesday that the country is facing numerous obstacles in terms of enlivening its business environment.

“There are a lot of problems that affect Armenia’s economy, businesses and attractiveness of investments. You don’t have a big market and there are very few people, so they cannot bring many products, attract investments or set up new businesses. Monopolies here create lots of difficulties,” he said. “You face big pressures if you want to import a new product. It is a big problem here for us, as that prevents small business owners from coming here and making investments.”

Doors to New Court in Charentsavan Remain Shut

June 29, 2011 Armenia, Business No Comments
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The doors of the Charentsavan Municipal Court have essentially remained shut after Karen Poghosyan, a judge with the Kotayk Regional Court, was stripped of his powers in October 2010 by the Council of Justice.

The court is being monitored by judicial regulators who told us that since there is no judge, there are no court cases being heard inside.

Plaintiffs now have to travel to Hrazdan, the regional center, located 18 kilometers away.

The court, built with funds from the International Development Agency, opened its doors back on September 18, 2010. It was supposed to serve as the judicial center for Kotayk Marz.

Armenia’s former president remains on major Russian corporation’s board of directors

June 28, 2011 Armenia, Business No Comments
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Armenia’s former President Robert Kocharyan has been reelected member of the Board of Directors of the Russian Joint-Stock Financial Corporation Sistema, reports Mediamax news agency, quoting the press service of the Russian conglomerate company.

Kocharyan was first elected independent Director of JSFC Sistema in June 2009.

JSFC Sistema has its headquarters in Moscow, and operates a number of consumer service businesses in the areas of IT and telecoms, microelectronics, insurance, banking, house-building, retail, media, oil businesses, etc..

Among JSFC Sistema’s Armenian assets are the K-Telecom mobile operator (VivaCell-MTS brand), the WiMax operator Cornet AM, the “Mars” factory and three scientific-research institutes.

Source: Armenia NowOriginial Article

Armenian environmentalists say new Entrails Code allows for excessive profits

June 27, 2011 Armenia, Business No Comments
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Armenian environmentalists have expressed their concerns over the new Entrails Code approved by the National Assembly in the first reading that they argue enables mining companies to receive excessive profits.

They also claim that the new legislation simplifies and accelerates licensing procedures for mining operations and protest the use of the word “piles” in reference to “wastes”.

Union of the Greens Chairman Hakob Sanasaryan says that presenting wastes as “piles” allows mining companies not to pay taxes to the state for placing wastes in the environment.

“The new code, in particular the laws “On the rates of environmental payments” and “On wastes” have no mention of industrial wastes. In a programmed manner, industrial wastes are removed from the tax field,” says Sanasaryan. “The mining industry has become a monopoly of state officials. Their role here is huge.”

For the First Time, Court Dismisses Armenian MP’s Lawsuit Against Newspaper

June 24, 2011 Armenia, Business No Comments
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The Court of General Jurisdiction of Kentron and Nork-Marash Administrative Districts of Yerevan today dismissed MP and notorious businessman Tigran Arzakantsyan’s lawsuit against Iravunk Media LLC, report Iravunk editors.

Recall, the MP was asking the court to oblige the newspaper to publish his response to a Feb. 22, 2011 Iravunk article titled “A Round Sum has been Gambled?”, to pay 3 million AMD (about $8,000 USD) as compensation for libel and insult caused to his honor and dignity, as well as an additional 586,000 AMD for attorney fees and 68,000 AMD for the fee paid to the state.

The lawsuit was entirely dismissed for “being groundless.” The court also ruled to exact 10,000 AMD from the plaintiff for “the unpaid state levy.”

Armenian Tax Reprieve Touted As Success

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The Armenian government has attracted 61 billion drams ($163 million) in business investments as a result of its 2009 decision to offer a temporary tax reprieve to companies importing industrial equipment, Prime Minister Tigran Sarkisian said on Thursday.

The decision made at the height of the global economic crisis allows the government to delay by up to three years the collection of a 20 percent value-added tax (VAT) from such imports. They have to exceed 300 million drams and be delivered to manufacturing firms with export potential.

The government has granted such tax privileges on a case-by-case basis. According to Sarkisian, 17 companies have benefited from the scheme since it was introduced in early 2009.

Selective Memory and Nostalgia. Robert Kocharian’s Supporters Wear Rose-Colored Glasses: Aravot

June 21, 2011 Armenia, Business No Comments
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Human memory of past events is selective: nostalgia and the idealization of the past are unique for all of us, writes Aram Abrahamyan, chief editor of local daily Aravot (“Morning”), in his editorial today.

“For example, HHSh [Pan-Armenian National Movement] members believe that they completely right when they banned Dashnaktsutyun [the Armenian Revolutionary Federation, or ARF-D] and shut down this party’s news outlets. It seems to them as well that the elections of 1995, 1996 were fair, and truly free market relations were operating in the economy. Moreover, they’re sure that there was no kleptocracy during their time.

“[Second president of Armenia] Robert Kocharian’s supporters present their time in a likewise rose-colored fashion.

More than Turkish Armenians, Ethnic Turks have Interest in Business with Armenia: Expert

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Turkey, through applying trade sanctions against Armenia, intends to influence the resolution of issues between Armenia and Azerbaijan, though the sanctions aren’t producing the desired result, said Turkish-Armenian Business Development Council (TABDC) co-chair Kaan Soyak, in an interview with Vesti.az.

According to Soyak, despite the economic embargo imposed by Turkey, Turkish businessmen have always delivered and deliver goods to Armenia through Georgia.

Soyak noted that it is the Turks and not Turkish Armenians who have more of an interest in establishing business relations with Armenia.

“About 80% of entrepreneurs who do business in Armenia are ethnic Turks and only 20% are Armenians who live in Turkey,” he said.

The Minas saga: Gyumri scholars want “stolen” murals returned

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The wave of protest over the removal of prominent Soviet-Armenian painter Minas Avetisyan’s murals and their transportation to Yerevan won’t subside in Gyumri, the town where those wall-paintings were created.

Scholars in Gyumri, which is in Minas’ native Shirak province, demand that the two frescoes be returned to the city and the minister of culture who “gave false promises” and “made wrong decisions” be sacked.

The problem is even shifting from the cultural into political domain as more and more people in Gyumri appear disappointed with the ruling Republican Party over the developments and warn they won’t give it their votes at next year’s parliamentary elections unless the murals are returned.

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Featured Books

Book Reviews

John Balian’s “Novel Approach” Brings the Armenian Saga to the Masses – An interview with John Balian by Lucine Kasbarian

Gray Wolves and White Doves cover art

Armenians often wish for a tale about the Armenian Genocide and its aftermath that would make a blockbuster film and draw attention to their cause. John Balian’s new book, Gray Wolves and White Doves (CreateSpace/Amazon.com), may be that tale.

 Largely autobiographical, this atmospheric novel is presented through the eyes of an innocent young boy trying to make sense of the world as he grows up amid repressive conditions in Western Armenia/Eastern Turkey during the 1960s and 70s.

 This fast-paced, multi-layered narrative takes readers from Hanna Ibelin’s (a.k.a. Jonah Ibelinian’s) close-knit family life in the perilous Asia Minor region of Palu to terror and tragedy while en route to Syria’s Kamishli, to a bleak existence on the mean streets of Istanbul.

New Children’s Picture Book From Armenian Folklore

Teaneck, N.J. and Belmont, Mass. –  An Armenian folktale retold by Armenian-American writer Lucine Kasbarian and illustrated by Moscow-based artist Maria Zaikina debuts with Marshall Cavendish Children’s Publishers in April 2011.

The Greedy Sparrow: An Armenian Tale is from the ancient Armenian oral tradition and culture, which was nearly obliterated during the Turkish genocide of the Armenians, Assyrians and Greeks in 1915. The author learned the tale from her father, editor and columnist C.K. Garabed, who would recite it to her at bedtime. He had learned it from his own grandmother, a celebrated storyteller from the Old Country.  The tale was first put to paper by Armenian poet Hovhannes Toumanian at the turn of the 20th century.

“We Need To Lift The Armenian Taboo”

Turkish writer and publicist Ahmet Insel labels the initiative of the Turkish Nationalist Movement Party to pray namaz on the ruins of Ani as provocation.

In an interview with “A1+,” the publicist said the initiative was supported only by a small percentage of Turks.

“They offered namaz in Ani in protest against Christian rites carried out in Trabzon and Akhtamar. The leader of the Nationalist Movement Party, Devlet Bahceli said if Christians are allowed to pray inside museums, similarly he can pray namaz in Armenian churches,” said Ahmet Insel.

The Turkish writer arrived in Armenia to participate in a book festival. Presentation of Armenian version of Dialogue sur le tabou arménien (Dialogue about the Armenian Tabou) co-authored by Ahmet Insel and Michel Marian was held during the festival.

US Media Discusses The Armenian Genocide

BURBANK, CALIFORNIA –  KFI 640, a popular news/talk radio station hosted by Bill Handel on September 23 aired a live interview with Michael Bobelian, the writer of a new book titled  Children of Armenia: A Forgotten Genocide and the Century-long Struggle for Justice

The book chronicles the aftermath of the Armenian Genocide of 1915, and recounts a people’s struggle for justice in the face of a century of silence and denial.

During the interview, which was aired during the prime morning time slot, Bill Handel addressed both the efforts within the United States to ensure that the US government appropriately acknowledges the Armenian Genocide and Turkey’s ongoing denial.

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Commentary

Azerbaijan wins Security Council Seat, while Armenians remain idle

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By Harut Sassounian
Publisher, The California Courier

Pres Aliyev was celebrating last week his country’s historic victory at the United Nations. With an overwhelming number of votes, Azerbaijan was elected for the first time to the prestigious UN Security Council for a two-year term.

This column shall address three questions: 1) how did Azerbaijan manage to get elected to such an elite body? 2) what will Azerbaijan accomplish with its newly-acquired seat? 3) what actions did Armenians take to counter Azerbaijan’s candidacy?

New Online Cultural Platform Launched in Armenia

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A new Armenian website for culture — arteria.am — was launched at the Khnko Apor Children’s Library in Yerevan today. Armenian Book Center NGO is the organization responsible for the site, which was developed with the assistance of the Swedish International Development Cooperation Agency (SIDA) and the Eurasia Partnership Foundation.

The website is the response to “the published book and organized exhibit, the cinema poster and the music that pours from the stage or the signs in procession down the street, the writing on the walls of establishments, the conversations given wings in city transport, which wants take form and resound as commentary or criticism,” reads the section on concept on the site, which is currently only available in Armenian.

Pres Sarkozy Says ‘Tseghasbanoutyoun’, a word Obama has yet to utter

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By Harut Sassounian
Publisher, The California Courier

Flying to Armenia, French President Nicolas Sarkozy confided to his top aides last week: “I am going to toss a live grenade!” He was revealing his readiness to act firmly if Turkey continued to deny the Armenian Genocide.

Shortly after arriving in Yerevan, Pres Sarkozy courageously declared before journalists assembled at the Armenian Genocide Monument: “The Armenian Genocide is a historic reality that was recognized by France. Collective denial is even worse than individual denial.” When asked if France would adopt a law to prosecute those who deny the Genocide, the French President stated: “If Turkey revisited its history, faced its bright and dark sides, this recognition of the Genocide would be sufficient. But if Turkey will not do that, then without a doubt it would be necessary to go further.”

Visit to Nakhichevan Shows Why Armenians Can Never Again Live Under Azeri Rule

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By Harut Sassounian

Publisher, The California Courier

Scottish researcher Steven Sim reported about his troubling experiences in Nakhichevan, a historic Armenian territory now occupied by Azerbaijan. Since Sim’s 2006 revealing report has not been adequately publicized in the international media, I would like to present here some of its highlights.

Sim stated that he entered Nakhichevan by land from Turkey and traveled to the village of Abrakunis at Yernjak valley. When he asked a 12-year-old about an ancient church there, the boy pointed to an empty piece of land.

Kocharian Criticized Sargsyan’s Handling of Armenia-Turkey Protocols, But Said He Won’t Interfere

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In a Sept. 25, 2009 meeting with former President of Armenia Robert Kocharian initiated by then US Ambassador to Armenia Marie L. Yovanovitch, Armenia’s second president criticized current President Serzh Sargsyan for his handling of the rapprochement with neighboring Turkey.

 

According to a diplomatic cable sent by then US Deputy Chief of Mission Joseph Pennington to the US State Department soon after the meeting and recently published by WikiLeaks, Kocharian asked, “why should Turkey’s parliament have to ratify” a set of protocols when “the Turks did no such thing in closing the border” in 1993? In the ex-president’s view, the Turks were exploiting the protocols and Sargsyan “in an effort to embark upon a negotiating process that they had every intention of dragging out, to the detriment of Armenia’s interests… He said he would have imposed a deadline on the Turks to do both things, and criticized Sargsyan for not doing so. ‘Now Turkey is dictating the process, and we have no room for maneuver’.”