Armenia, Azerbaijan support BSEC management rotation system May 25, 2011 - 11:18 AMT PanARMENIAN.Net - Armenia and Azerbaijan support the rotation principle for BSEC management, Chairman of the National Assembly's Standing Committee on Financial-Credit, Budgetary and Economic Affairs Gagik Minasyan said. As he told a news conference in Yerevan, the issue of organization’s new Secretary General election was discussed at PABSEC regular meeting in Kiev, on May 16-17. “Secretary General election is a very long and hard process,” Minasyan remarked, adding that Russia, Ukraine and Turkey, having the largest PABSEC delegations, wanted to make a decision themselves, thus stirring up resentment among other countries. Minasyan said that the election of BSEC Secretary General needs not only the majority of PA deputies, but the majority of delegation votes as well. He noted that it was decided to create a working group including one representative from each member state to meet in Istanbul on June 13-14 and discuss the issue. The election will take place during PABSEC meeting to be held in Kyiv on June 30. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Ucom Celebrates Telecommunication Day May 17 commemorates the founding of the International Telecommunication Union on May 17, 1865. Armenian, Azerbaijani heads of parliament meet in Switzerland President of the Armenian parliament Alen Simonyan met with the Speaker of the Azerbaijani Milli Majlis Sahiba Gafarova. Border residents overnight on highway to protest Armenia’s Residents of Kirants continue to express outrage over the government’s decision to cede land to Azerbaijan. Get Started: An educational platform for young startuppers The Get Started program which operates in two phases is an important platform for young startuppers. |