Hovhannisyan: Property for Debt Principle Cannot Be WelcomedMarch 21, 2006 - 17:38 AMT PanARMENIAN.Net - If Russia cannot or does not want owing to some reasons to run enterprises Armenia gave it for paying off the state debt, it can privatize these, Armenian NA Vice-Speaker, Co-Chair of the Armenian-Russian Interparliamentary Commission Vahan Hovhannisyan said. "The fact itself that Russia followed the principle of Property for Debt cannot be welcomed. Many countries owe Russia more but Russia could not forgive Armenia $100 million,» he said.In Hovhannisyan's words, the Armenian party has proposed an interesting plan for running the enterprises. «Russia can present it to Russian businessmen and then real money will arrive at the Russian treasury. A subcommittee is already formed to provide for effective work of those enterprises. Its first session adopted the plan of priority measures. We hope for serious investment and reconstruction of those enterprises, as well as running them finally,» Vahan Hovhannisyan underscored. Shares of Armenian enterprises totaling $93 million were conveyed to Russia in 2002. These are Mars CJSC ($56.29 million), Yerevan Research Institute of Automated Management Systems CJSC ($3.37 million), Yerevan Research Institute of Mathematical Machines CJSC ($2.75 million), Yerevan Research Institute of Science of Materials CJSC ($0.35 million), and property of the Hrazdan heat power plant ($31 million). Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". Partner news | Lemkin Institute petition seeks release of Armenians in Azerbaijan The Lemkin Institute is deeply concerned about the continued illegal detention of political prisoners from Karabakh in Azerbaijan. Armenian Catholicos calls for national unity against threats Karekin II issued a message on Republic Day marking the anniversary of the First Armenian Republic. Pashinyan: Armenia’s desired goal is “on the horizon” Prime Minister Nikol Pashinyan has said that Armenia is moving forward “without interruption”. Opposition leader, supporters spend night at Sardarapat memorial Police made nearly 300 arrests the day before as Galstanyan and his supporters continued to demonstrate in Yerevan. |