Archive for June 2010

Clinton to ‘Underscore’ Message of Peace

Jun 30th, 2010 | Category: Featured News

YEREVAN, June 30–US Secretary of State Hillary Clinton will press Armenia and Azerbaijan to cut a framework peace deal on Nagorno Karabakh during her upcoming trips to the two South Caucasus states, a senior US official said late on Tuesday. Assistant Secretary of State Philip Gordon said she will “underscore” a peace message contained in [...]



Presidents’ Statement Raises Questions, Says Sharmazanov

Jun 30th, 2010 | Category: Politics

By Alexander Tagvoryan YEREVAN, June 30–Edward Sharmazanov, the spokesman of the Republican Party of Armenia, which holds the majority of seats in parliament, says that Armenia appreciates the efforts of the presidents of the US, Russia and France to settle the Karabakh conflict peacefully, but this doesn’t mean that Armenia can accept their statement with [...]



IMF Approves $395 Million Loan for Armenia

Jun 30th, 2010 | Category: Economy, Lead Article

YEREVAN, June 30– The Executive Board of the International Monetary Fund (IMF) has approved two anti-crisis programs of credit for Armenia with total cost of $395 million. The Extended Fund Facility and Extended Credit Facility programs will cost $197.4 million with a three-year maturity. Armenia will be allocated the first part of the credit in the [...]



Prime Minister Interested in Cooperation with Intel

Jun 30th, 2010 | Category: Business

YEREVAN, June 30–During the meeting with Craig Barrett, the Ex-Chairman of the Board of the Intel Corporation, Prime Minister Tigran Sarkisian stressed the importance of establishing a joint research and development center with Intel Corporation, the press service of the Armenian Government informs. According to the report, Barrett supported the prime minister’s suggestion.  They discussed the prospects [...]



Nalbandyan, Mammadyarov to Meet on July 16-17 in Almaty

Jun 30th, 2010 | Category: Featured News

YEREVAN, June 29 — In an interview with the radio “Svoboda” Armenian diplomatic sources confirmed information about a meeting between the Armenian and Azerbaijani Foreign Ministers to be held on July 16-17 in Almaty, Kazakhstan. Armenian Foreign Minister Edward Nalbandyan and Azerbaijani Foreign Minister Elmar Mammmadyarov will meet within the framework of the informal meeting [...]



Armenian Chess Players in 3th and 4th Places at FIDE Women’s Grand Prix

Jun 29th, 2010 | Category: Sports

By Alexander Tagvoryan YEREVAN, June 29 —The 4th tournament of FIDE Women’s Grand Prix is being held in Jermuk, Armenia until July 5. The tournament officially started on June 24. Twelve players are taking part in the tournament: Nana Dzagnidze (Georgia), Tatiana Kosintseva (Russia), Lilit Mkrtchian (Armenia), Elina Danielian (Armenia), Maia Chiburdanidze (Georgia), Hou Yifan [...]



Armenia to Obtain Credits for Railway Construction

Jun 29th, 2010 | Category: Economy

By Eva Sahakyan YEREVAN, June 29–On Monday during a press conference in connection with his official 100 days in office the Armenian Minister of Transport Manuk Vardanian affirmed that Armenia started negotiations with China on financing the construction of the Iran-Armenia railway. Armenia plans to obtain a credit of $1.5 billion from China. “First of [...]