Tag Archives: Armenia

Armenian ministry announces construction of transmission line

MAY 9 2016 (The Conway Bulletin) – Armenia’s ministry of energy said construction of a 220kV transmission line between the Hradzan thermal power plant and the Shinuayr substation will be completed by the end of the year. The 230km-long transmission line will be an important link between power generating centres in Armenia. The World Bank’s International Bank for Reconstruction and Development said it would fund the project with a series of loans.

ENDS

(News report from Issue No. 280, published on May 13 2016)

Armenia and Azerbaijan ranked as worst for LGBT people

MAY 10 2016 (The Conway Bulletin) – Armenia and Azerbaijan are the worst places in Europe and the South Caucasus to be a homosexual, bisexual, lesbian or a transgender person, the IGLA-Europe lobby group said in a report focused on the legal framework that countries have developed for equality issues.

Of the 49 countries ranked in its index, Azerbaijan was ranked bottom with a score of just under 5%, followed by Russia with 6.5% and then Armenia with around 7%. Georgia was the second highest ranked former Soviet state in 30th position with a score of around 30%. Estonia was ranked in 21st position.

Azerbaijan has been cracking down on opposition groups and media over the past year. European officials have said that this political crackdown has also involved a more general crackdown on civil rights — including against the gay and the lesbian communities.

IGLA-Europe agreed.

“Azerbaijan’s LGBTI community continued to face severe challenges in 2015,” it said in its report. “Numer- ous violent attacks were carried out against LGBTI individuals; several murders were reported and investigated throughout the year.”

ENDS

(News report from Issue No. 280, published on May 13 2016)

Prices in Armenia fall, again

MAY 11 2016 (The Conway Bulletin) – Annualised inflation in Armenia for April measured -1.9%, the Statistics Committee said, the fifth consecutive month it has recorded price drops. Food prices shrank by 4.5%, while non-food prices remained stable. Price deflation is a sign of slow economic activity, a direct consequence of the economic malaise that has hit the South Caucasus and Central Asia. Remittances from Russia, which play an important role in these economies, have dried up.

ENDS

(News report from Issue No. 280, published on May 13 2016)

Armenian to re-consider cement deal

MAY 12 2016 (The Conway Bulletin) – The Armenian government re-submitted a bill to parliament to write- off part of the Hradzan cement plant’s debt, in an attempt to save the company from bankruptcy. Last month, parliament rejected an earlier bill designed to pardon 510m dram ($1.1m) that the company owes in unpaid tax.

ENDS

(News report from Issue No. 280, published on May 13 2016)

Armenia to debate status of Nagorno-Karabakh

May 5 2016 (The Conway Bulletin) – Armenia’s government sent a bill proposing the recognition of Nagorno-Karabakh as an independent country to parliament, teeing up another flashpoint with Azerbaijan over the disputed region.

This is the first time that the parliament will formally debate the status of Nagorno-Karabakh even though it has been run by Armenia- backed forces since a UN-brokered ceasefire was imposed in 1994.

Last month the worst fighting in two decades broke out around Nagorno-Karabakh, killing several dozen people and alarming the international community.

ENDS

(News report from Issue No. 279, published on May 6 2016)

Tourism grows in Armenia

APRIL 30 2016 (The Conway Bulletin) – The National Statistical Service of Armenia said 252,506 tourists arrived in Armenia during the first quarter of 2016. This figure is an 8.6% increase compared to the first quarter of 2015. This may reflect Armenia’s increased attractiveness to Russian tourists, who have been banned from visiting Turkey because of a row between the two neighbours.

ENDS

(News report from Issue No. 279, published on May 6 2016)

Editorial: Armenia and Nagorno-Karabakh

MAY 6 2016 (The Conway Bulletin) – Armenia’s parliament has started to debate whether to recognise Nagorno-Karabakh as an independent state. This is an unnecessary and inflammatory move at a tense time for the disputed region.

Last month the worst fighting in two decades broke out around Nagorno-Karabakh between Armenia-backed separatists and Azerbaijani forces.

Now Armenia, apparently keen to make a point, appears to be goading Azerbaijan by threatening to recognise the region as independent. It may have been controlled by Armenia-backed rebels since a ceasefire was agreed in 1994 but, officially at least, Nagorno-Karabakh is part of Azerbaijan.

If parliament goes all the way and recognises the independence of Nagorno-Karabakh, it will set Armenia apart in the international community. Armenia has sympathisers but few will back it.

It’ll also put its neighbour, Georgia, in a particularly difficult position. Georgia has to contend with two self-declared independent states on its territory — South Ossetia and Abkhazia. By discussing formalising Nagorno- Karabakh as an independent state, Armenia is stirring things up.

ENDS

(Editorial from Issue No. 279, published on May 6 2016)

Armenia adopts electoral reform

APRIL 29 2016 (The Conway Bulletin) – The Armenian parliament adopted a new electoral code, after weeks of debate in parliament (April 29). The new code, which will be used for the next parliamentary elections in 2017, is a mixed proportional-majoritarian system. Critics said the amendments failed to make the code robust and fraud-proof.

ENDS

(News report from Issue No. 279, published on May 6 2016)

Armenian debt grows

APRIL 29 2016 (The Conway Bulletin) – According to Armenia’s Statistics Committee, foreign debt increased by 1.5% at the end of March, reaching $4.4b. Total debt also grew by 1.5% to $5.2b. The Committee said debt/GDP ratio will measure 49.4% by the end of the year. Debt/GDP ratio is a common measure to assess the health of a country’s economy.

ENDS

(News report from Issue No. 279, published on May 6 2016)

Armenia gold reserve go up

APRIL 29 2016 (The Conway Bulletin) – Russian gold miner Polymetal said that its Lichkvaz project in Armenia holds 18.1 tonnes of gold, up 17% from a previous assessment. Last November, Polymetal bought the 75% stake it didn’t own in Lichkvaz for $9.7m, gaining full ownership in the project. Outside Russia, Polymetal operates in Armenia and Kazakhstan.

ENDS

(News report from Issue No. 279, published on May 6 2016)