Author Archives: Admin

US AID to Promote Democracy in Armenia

WASHINGTON-The Clinton administration continues to expand its assistance programs in Armenia designed to promote democratic pluralism–strengthen the rule of law–expand the independent media–support parliamentary and political party development and facilitate free and fair elections–reported the Armenian National Committee of America. "We welcome the increased attention that the Clinton administration has placed on democratic development in

Rafsanjani Congratulates Christian Communities

TEHRAN – Iranian President Ali Akbar Hashemi Rafsanjani congratulated world Christian’s and especially Iran’s Christian community–which includes the Armenian community–on Christmas day–IRNA reported. President Rafsanjani–in his message–hoped that Christian’s all over the world would collaborate with followers of other religions and "breathe a new life into the body of the Christian communities and open a

World Bank Loan to Build Market Institutions in Armenia

WASHINGTON (RFE/RL) – The World Bank’s International Development Association has approved a long-term–no-interest loan to help Armenia build market-based institutions and provide lines of credit to private enterprises. The loan of approximately $16.8 million will fund just over 40 percent of the cost to create a Private Investment Finance Corporation of Armenia to promote enterprise

Senate Candidate Meets with Armenian American Leaders

NEW YORK – Indiana Governor Evan Bayh–a leading candidate for the US Senate in 1998–held talks recently with representatives of the Armenian-American community. The meeting–which took place in the New York offices of Corum Capital–was attended by one of the firm’s principals–Robert Setrakian–as well as by Harry Derderian–the Chairman of the Armenian National Committee of

Demirel Pledges Support to Azerbaijan

ISTANBUL – Turkish President Suleyman Demirel said that Turkey will stand by Azerbaijan at all future international negotiations during a New Year’s television interview–Istanbul-based Jumhuriyet and Turkiye newspapers reported. Responding to Azeri correspondent Ibrahim Nebioghlu’s questions–Demirel assured Azerbaijan that it occuppies an extremely important and exclusive place within Turkish foreign policy. "Reaching a just and

Armenian Prime Minister to Visit US

BEVERLY HILLS – Prime Minister Armen Sarkissian will visit the United States next week in hopes of strengthening Armenia’s ties with the US and to clarify relations with the World Bank and International Monetary Fund in Washington–the Armenian Consulate-General of Los Angeles announced Monday. Sarkissian will arrive at Washington’s Dulles International Airport Tuesday– Jan. 7–where