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Orientalist: German Bundestag's recognition of the Armenian Genocide is logical continuation of Pope Francis' statement during the mass in 2015

Seyran Ohanyan: Army leadership knows what and where to plan

MP: Ratification of agreement on Joint Air Defense will affect Armenia's independence

Russian Ministry of Emergency Situations to evacuate Armenian citizens trapped on Upper Lars checkpoint

Naira Zohrabyan. Joint Air Defense system will upgrade security of Armenia's airspace

Batu Kutelia: Warsaw Summit will give definite political and military answers to Russia’s attempted aggressive revisionism

Azerbaijani armed forces use DShK heavy machine gun on Line of Contact

Foreign Ministry: There are no citizens of Armenia among victims of explosion at Istanbul airport

Eduard Sharmazanov: Russia and Turkey will remain rivals and competitors

Zakharova about Karabakh peace process: There are issues that should be hushed up

Naira Zohrabyan to Serzh Sargsyan: Prosperous Armenia Party will win in upcoming parliamentary elections

Masis Mailyan : Baku intends to continue its "military diplomacy" with impunity

Deputy minister: Creation of a joint air defense system with Russia will only strengthen combat ability of Armenian armed forces

South Caucasus Railway CJSC sets car to auction

Beeline improves Smart tariff plans

Armenian political forces express different opinions about influence of possible Moscow-Ankara normalization on Armenia

Areximbank-Gazprombank Group offers 50% discount for renting safe deposits boxes during summer holidays

Sergey Lavrov to travel to Yerevan

Ban Ki-moon: UN concerned over violations of ceasefire in Karbakh conflict zone

Defense sure Zhirayr Sefulyan's arrest is a political order

Sharmazanov explains Serzh Sargsyan's interview: If Armenia's citizens are reluctant to vote for RPA, no one will make them do it

Rostelecom holds two seminars on sidelines of Hartak Festival

Paul Stronski: Yerevan’s security alliance with Moscow will not impede Armenia’s good ties with NATO

Armenian President: Armenia expects wider recognition of Genocide after German vote and pope's remarks

Nikol Pashinyan: Consensus on Electoral Code is ridiculous

Turkey's foreign ministry reacts to Pope Francis' visit to Armenia

By beginning of tourism season Areximbank-Gazprombank Group offers significant discounts of premium class chip cards

Geoteam CJSC is sure that mining industry is compatible with agriculture and small business

UNICEF Armenia launches a breast feeding campaign in Armenia

Activist hits parliamentarian Hrant Bagratyan during picket in front of Parliament against Joint Air Defense system with Russia

Ankara: Turkey wants speedy settlement of Nagorno-Karabakh conflict, which will meet all requirements of Azerbaijan

Turkologist: Ankara has used up all its possibilities to deny Armenian Genocide

Heritage Party: Joint Air Defense with Russia is an attempt to surrender the last elements of Armenia's sovereignty

David Harutyunyan: Next conference of donors will take place in Yerevan on June 29

Frank-Walter Steinmeier to travel to Armenia on June 29

Armenians and Azerbaijanis should take efforts towards peace, Pope Francis says

Opposition MP condemns political persecution against Zhirayr Sefilyan

Ancient Armenian city Ani may become UNESCO World Heritage Site

Tickets for Russian trains can be acquired at Yerevan railway station

"We Are the Owners of Our Country" initiative picketing Parliament building opposing ratification of agreement on joint air defense system with Russia

Pope Francis: "I am happy to have visited Armenia"

Sharmazanov: OSCE MG should react very strongly to Aliyev's refusal to implement arrangements made in Vienna and St. Petersburg

Pope Francis leaves Armenia ending his pastoral visit

Pope Francis and Catholicos of All Armenians visit Khor Virap Monastery at the foot of Ararat and launch doves of peace

Aliyev says Azerbaijani armed forces seized part of Karabakh districts during April aggression

Serzh Sargsyan: Pope Francis' calls for peace and tolerance are a powerful signal for peaceful settlement of regional problems

Serzh Sargsyan: I am sure we will find the best possible option of settlement for Nagorno-Karabakh people

President of Armenia calls on Armenians worldwide to unite to settle the three fundamental issues of the Armenian people

Karekin II and Pope Francis sign Common Declaration: "We express our hope for a peaceful resolution of the issues surrounding Nagorno-Karabakh"

Armenian President: We are grateful to Pope Francis for visiting Armenia and showing warm attitude to Armenian people

Regional

VTB critical of EU's decision to restrict its access to capital markets

  • by Karina Melikyan

  • Friday, August 1, 21:02

 VTB is critical of the EU's decision to restrict its access to capital markets.

According to the press service of VTB Bank (Armenia), this is contrary to the democratic values of the Europeans, who are just doing the Americans' bidding against their own interests.

VTB believes that the EU's decision is contrary to the basic principles of free market and discriminate not only VTB but lots of international investors. "In fact, the European authorities have assumed to themselves the right to decide where they can invest their money and where they cannot," VTB says, adding that despite the sanctions it will continue working as usually and meeting all of its obligations to investors, shareholders and customers. 

In response to the statement of the United States Embassy in the Republic of Armenia, Russian Federation's Embassy in Armenia has expressed its official stance: "It does not become a diplomatic mission to dictate the host country's authorities with whom and how they should maintain ties, especially using suggestive threats against the sovereign state. We suppose that the business community of Armenia is also able to independently see into the matter of business conduct and does not need any prompts", says the Russian Embassy's statement sent to ArmInfo.    

The Embassy of the Russian Federation in Armenia had to appear with such a statement in relation to the U.S.  Embassy's statement disseminated among the state and business structures of Armenia. The U.S.  statement concerns the risks stemming from the cooperation with the Russian companies and individuals on the list of the U.S.  sanctions.     

"We are concerned about the U.S. attempts to complicate the activities of Russian business in Armenia. All the Russian companies in Armenia, including VTB Bank (Armenia) and Areximbank-Gazprombank Group are under the jurisdiction of Armenia, operate within the limits of Armenia's legislation, obtain profit and pay taxes in Armenia and secure the employment of the major part of Armenia's population. The calls to stop the contacts with the Russian companies disavow the U.S. representatives' hypocritical statements about their willingness to contribute to Armenia's economic development. One also definitely observes obvious elements of dishonest trade and economic competition in the USA's actions", says the official statement of the Russian Embassy in Armenia. 

The Russian Embassy takes the opportunity to reiterate the contrivedness and illegitimacy of the United States' anti- Russian sanctions, which will only complicate the Russian- U.S. relations and create an extremely unfavorable environment in international affairs.  "Giving the impression of "consistency" in its current behavior, Washington, in fact, is trying to escape responsibility for the tragic developments in Ukraine and to settle accounts with Russia for the latter's independent policy", says the Russian Embassy in its statement.

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