Tag Archives: Armenia

Armed group captures Armenian capital police station

JULY 17-21 2016 (The Conway Bulletin) — Armenian police and and anti-government supporters clashed sporadically throughout the week outside a police station in Yerevan that was captured on Sunday by gunmen calling for the release of a jailed opposition leader.

The clashes were the worst in Yerevan since demonstrators fought police over plans to increase electricity prices in July and August 2015.

Most of the fighting between protesters and police was small-scale but on Wednesday night riot police fired tear gas and stun grenades to disperse protesters. The protesters responded by throwing stones and charging the police. Media reported that 51 people, including 28 policemen, were injured. Police made three arrests.

PM Hovik Abrahamyan dismissed both the protesters and hostage-takers.

“What happened in the police precinct is inadmissible and should be condemned, since real changes cannot be achieved through violence,” he told the media.

As Armenia’s economy stagnates, frustration is rising making flash- points, more common.

Now, mainly angry young Armenians, have latched on to the arrest of Zhirair Sefilyan, the leader of a little- known opposition group, called the Founding Parliament movement, as a cause through which to vent their frustration.

Sefilyan was arrested last month for plotting a coup. His supporters have said the charges are false and have been spread to undermine the former military commander.

One policeman was killed during the attack on the police station. The stand-off around the police station continues.

ENDS

(News report from Issue No. 290, published on July 22 2016)

Azerbaijan and Armenia peace talks closer, says Lavrov

JULY 12 2016 (The Conway Bulletin) — Russia’s foreign minister Sergei Lavrov said that a peace agreement on Nagorno-Karabakh, a region that Armenia-backed forces and Azerbaijan have fought over, could be closer than ever. Mr Lavrov met with Azerbaijan’s President Ilham Aliyev in Baku a week after meeting Armenia’s foreign minister Eduard Nalbandyan. Russia has mediated between the two governments after clashes erupted in April, breaking a 20-year ceasefire.

ENDS

(News report from Issue No. 289, published on July 15 2016)

Armenia and Iran agree to 90-day visa-free regime

JULY 10 2016 (The Conway Bulletin) — Iran’s government said it had abolished a visa regime with Armenia, giving a potential boost to relations and trade between the two neighbours.

Armenia and Iran had said they wanted to scrap visa requirements in June, when their foreign ministers met in Tehran. At a cabinet meeting headed by President Hassan Rouhani, the Iranian government finally adopted the new visa-free regime.

Now, Iranians and Armenians will be able to travel visa-free between the two countries for stays of up to 90 days. This is particularly important for Armenia which is short of friends in the region. It has virtually no diplomatic and limited trade relations with two of its four neighbours — Azerbaijan and Turkey.

And Iran has said there is more room for cooperation with Armenia. After the lifting of international sanctions in January 2016, Iran said it wanted more integration with countries in the South Caucasus.

This week, Gazprom Armenia said that gas supplies via a pipeline across Georgia will stop for one month for scheduled repairs, a decision that will put Armenia’s power generation sector under stress.

Iranian officials immediately responded saying they were ready to pump more gas to Armenia to make up for the drop.

Iran sends gas to Armenia via a 140km pipeline completed in 2007.

For years, Iran and Armenia have said they want to increase the volumes of electricity and gas they exchange at the border and last month Armenian state-owned power distributor Electro Power Systems Operator said it will export around 1b kWh of electricity to Iran in 2016 from the Hradzan and Yerevan thermal power plants.

ENDS

(News report from Issue No. 289, published on July 15 2016)

Armenia signs clear stream deal

JULY 11 2016 (The Conway Bulletin) — Central Depository of Armenia, the stock exchange’s securities market unit, signed a deal with debt trading house Clearstream, which is based in Luxembourg but is owned by the German Stock Exchange, which it said would boost transparency and reliability in the Armenian bond market. Clearstream made a similar agreement with Georgia in January. Armenia has become Clearstream’s 56th international partnership.

ENDS

(News report from Issue No. 289, published on July 15 2016)

Armenia’s Ameriabank issues bonds

JULY 1 2016 (The Conway Bulletin) – Ameriabank, Armenia’s largest bank, said it issued $15m in bonds on Armenia’s stock exchange, ahead of a potential IPO. The bonds will mature in just over two years with a coupon of 6.75%. In January, Ameriabank said it was planning an IPO inLondon, after it received an investment of around $100m from international lenders.

ENDS

(News report from Issue No. 288, published on July 8 2016)

Landslide blocks vital Armenia-Georgia-Russia road

TBILISI, JULY 7 2016 (The Conway Bulletin) — Emergency workers will, over the next few days, finish clearing a landslide that has blocked for a fortnight the only road linking Armenia and Georgia to Russia.

The landslide has exposed just how reliant Armenia, and to a lesser extent Georgia, is on the Upper Lars highway as a link to Russia. The only other direct land routes across the Caucasus mountains to Russia thread through the breakaway Georgian regions of South Ossetia and Abkhazia and are currently closed.

Georgian and Armenian officials said that the stretch of road near the border with Russia and Georgia should reopen on July 12. It has been blocked since the landslide hit on June 23.

And the blockage has forced politicians to look at how reliant they are on this single route into and out of Russia. At a cabinet meeting, Armenian PM Hovik Abrahamyan said that relying on the Upper Lars route was dangerous.

“It is time to explore alternative routes,” media quoted him as saying. Armenia is largely isolated in the South Caucasus. It borders two sworn enemies, Turkey and Azerbaijan, and sees Russia, through Georgia, and Iran, to its south, as its only possible partners.

While trade with Iran has improved and could grow further with the easing of Western sanctions on Iran, Armenia’s reliance on Russia has grown markedly.

Armenia turned down an Association Agreement with the EU in favour of joining the Kremlin-led Eurasian Economic Union. This also includes Belarus, Kazakhstan and Kyrgyzstan. Armenia is the only country that doesn’t share a border with other members.

In need of alternatives to the Upper Lars route, Armenia asked Georgia to consider opening routes through South Ossetia and Abkhazia, regions Georgian forces fought Russia for control over in a 2008 war.

Apparently appreciating the seriousness of the scenario, Georgia’s PM Giorgi Kvirikashvili agreed to start talks, marking a potential important shift in relations between Georgia and its rebel regions.

ENDS

(News report from Issue No. 288, published on July 8 2016)

Manchester United signs Armenian striker

JULY 5 2016 (The Conway Bulletin) — Manchester United finalised the £26m ($33.7m) signing of Armenia’s Henrikh Mkhitaryan, a deal that puts Armenian football at the forefront of the planned renaissance of one of England’s most famous and most successful clubs.

Mkhitaryan, 27, will be the first Armenian player to play in the English Premier League, widely credited with being the most competitive football league in the world, and only the second player from the South Caucasus. Georgi Kinkladze, a Georgian midfielder whose dribbling skills left opposition players flat-footed, played for Manchester City in the Premier League in the 1995/6 season.

Unveiling Mkhitaryan at Manchester United’s Old Trafford ground, manager Jose Mourinho said that his new attacking midfielder will make an immediate impact.

“Henrikh is a real team player with great skill, vision and also has a good eye for goal,” he said.

Mourinho, who took over as the Manchester United manager in the summer, has been given the task of rebuilding the team after they finished fifth last season, missing out on a place in the UEFA Champions League, Europe’s top club football competition.

Mkhitaryan, who had played in Germany for Borussia Dortmund, said it was a dream come true.

“I am excited to play for a club with such an illustrious history and hope to be part of it for a long time,” he said.

Mkhitaryan was born in Yerevan in 1989. His father was Hamlet Mkhi taryan, one of the most prolific Armenian strikers in the 1980s. Mkhitaryan is now considered one of the best Armenian players and has won international 59 caps, the first when he was 17-years-old, and scored 19 goals.

ENDS

(News report from Issue No. 288, published on July 8 2016)

Armenia’s power production drops

JULY 4 2016 (The Conway Bulletin) — Armenia’s Statistics Committee said that electricity production shrank by 1.9% in Jan.-May 2016 compared to the same period last year. Overall, the Metsamor nuclear power plant produced more than a third of Armenia’s 3.2b kWh output. Importantly, hydropower stations surpassed thermal power plants in their share of total electricity output for the first time.

ENDS

(News report from Issue No. 288, published on July 8 2016)

Obama and Putin discuss Azerbaijan and Armenia

JULY 7 2016 (The Conway Bulletin) — US President Barack Obama and his Russian counterpart Vladimir Putin said they would intensify efforts to resolve the stand-off between Azerbaijan and Armenia-backed forces over the disputed region of Nagorno-Karabakh. The White House said Mr Obama and Mr Putin discussed the South Caucasus during a wide-ranging telephone conversation.

ENDS

(News report from Issue No. 288, published on July 8 2016)

Armenia’s finance minister refuses does not respond

JULY 6 2016 (The Conway Bulletin) — Armenia’s finance minister Gagik Khachatryan refused to respond to an investigative article that questioned his role in his sons’ real estate purchases in the US. His sons, Gurgen and Artyom, bought two houses in Los Angeles in 2010 for $11m and are now selling them for $35m. Transparency lobby groups have said there could be ties betweenMr Khachatryan’s ministerial position and his sons’ business deals.

ENDS

(News report from Issue No. 288, published on July 8 2016)