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INECOBANK receives first US$5mn tranche from EBRD to finance renewable energy and SME

Banks buy $1.7 million out of $4 million offered by Central Bank on 20 December

Beeline and Technology Development Center present App Armenia system and mobile application

Vigen Barseghyan appointed as Acting Director General of Areximbank-GPB Group

Vallex Group launches mining at Teghout copper-molybdenum deposit

Anelik Bank faces no problems with liquidity amid national dram hyper-devaluation due to financial support Credit Bank S.A.L.

On 20 December ACBA-CREDIT AGRICOLE BANK to hold annual prize draw ahead of the New Year among Visa Student cardholders and raffled off tuition fees

Expert: In 2015 the situation over Nagorno-Karabakh will not be better than in 2014

Nagorno-Karabakh PM: Question whether there should be a customs point on Armenian-NKR border is no longer on agenda

Expert: AMD's depreciation will not prevent Armenian Government from fulfilling next year's budget

House of Representatives of Belarus ratifies agreement on Armenia's accession to Eurasian Economic Union

Prosecutor insists on life and 22-year terms for Azeri raiders

Open Days at Yerevan Brandy Company

John Heffern says Armenia has not received invitation by Millennium Challenge Corporation this year

John Heffern: The USA wants to go on stimulating reconciliation of the Armenian and Turkish peoples

ARFD: The Turkish-Azerbaijani tandem has sharply activated at the world arena

John Heffern: Agreement on Vorotan Cascade of HPPs to be signed shortly

Kazakhstan Senate ratifies treaty on Armenia's accession to EEU

Drivers of public mini-van go on being on strike because of raising fuel price

Armenian PM: There will be no more shocks on financial market

Armenia's Central Bank tries to sell $4mln but nobody buys it

Beeline to complete digitization of the network in Metsavan, Norashen and Kuchak communities

European Union launches 15 new projects in Armenia

Inga Zarafyan: Mining industry has leading positions in terms of environmental damage

Hovik Abrahamyan familiarizes himself with prices at Armenian supermarkets

Rostelecom expands network of acceptance of payments through banks

Baby born with parasitic twin fetus in Armenia

Parliament of Kazakhstan ratifies treaty on Armenia's accession to EEU

Public transport drivers in Nor-Nork District in Yerevan block road to city center

Artur Javadyan: Armenia's Central Bank is not planning prescheduled revision of its refinancing rate

Armenia's CB: AMD's hyper-depreciation has been caused by panic and speculations

Small business in Armenia to be red-listed

PACE Bureau to discuss Azerbaijan's draft resolution on imposing sanctions against Armenia

  • Monday, June 23, 20:28

Azerbaijan has applied to PACE Bureau to impose sanctions on Armenia. 

APA reports that on June 22 the PACE Executive Committee held a meeting in Strasbourg. Among other issues, the agenda includes a draft resolution on "Imposing sanctions against Armenia" proposed by member of the Azerbaijani delegation to the PACE Elkhan Suleymanov. 

At a press conference in Strasbourg, PACE President Anne Brasseur commented on the document on "Imposing sanctions against Armenia."  "We are requested to impose sanctions against Armenia.  However, this proposal does not specifically mention the issue of freezing the powers of Armenian delegation. This issue will be discussed at the meeting on the last day of the PACE PA session".

As regards the territorial integrity of Azerbaijan, she said, "We are looking forward to the Azerbaijani President's speech in the Assembly". "I want to say that Azerbaijan's territorial integrity is one of priorities for us. Our resolutions in this regard shows that PACE is determined to defend the territorial integrity", she said. 
The final decision on the draft resolution will be taken on June 27. 

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