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Conference of Armenian Parliamentarian Friendship ended

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  • Conference of Armenian Parliamentarian Friendship ended

    Azat Artsakh, Republic of Nagorno Karabakh (NKR)
    June 24, 2003

    CONFERENCE ENDED

    The June 19 meeting of the Armenian Conference of Parliamentarian
    Friendship discussed a number of questions concerning not only
    Armenia but also the countries represented at the conference. Also
    the economic and social state of those countries were presented. A
    number of questions regarding NKR were discussed, including problems
    of exchange of information. NKR National Assembly speaker Oleg
    Yessayan presented the present economic condition of Artsakh to the
    representatives of European countries and particularly mentioned that
    every country of the post-soviet period faced two rather complicated
    and interrelated problems after the declaration of independence. The
    first of these problems, according to Oleg Yessayan, is formation of
    the national economy after the dissolution of the economy, and the
    second is to maintain the transition of the national economy into the
    model of market economy. The NKR NA speaker stated that the military
    and political situation in which years ago the economy of this small
    country was formed naturally caused a number of serious
    complications. However, today the picture is completely different.
    With the assistance of the Republic of Armenia the people and the
    government managed to achieve economic reforms. `The GDP in our
    country only in 2003 increased by 19.8 percent.' The average salary
    in Artsakh totals over 60 US dollars. According to Oleg Yessayan, if
    compared to the rates 10 years ago the average salary certainly grew
    10 times. As to the development of business, the speaker of NKR
    parliament emphasized that favourable conditions have been provided
    in our country for foreign investments. According to the NKR
    legislation, absolutely the same conditions work for all investors
    but with more privileges for the foreign investors. Thus, in case of
    investing 50 thousand dollars and more in the first three year the
    investor is exempted from all taxes except for the pension fund
    payments. Drawing the attention of the foreign members of parliament,
    Mr. Yessayan mentioned that Artsakh has all the favourable conditions
    for development of economy of the country as well as the growth of
    business of foreign businessmen, which is favourable for both the
    businessman and the development of independent Artsakh. For example
    he mentioned that during the past four years the total volume of
    foreign investments exceeded 40 million dollars, which is a serious
    number for a country with 150 thousand population. During the meeting
    the staff of the conference was also confirmed. The speaker of the
    National Assembly of the Republic of Armenia Artur Baghdassarian was
    elected chairman of the Conference. Six committees were formed.
    According to Artur Baghdassarian, the conference will pursue the
    settlement of the problems that Armenia and the Armenian nation face,
    as well as represent the interests of Armenia and friendly countries
    in different international parliamentary organizations. The first
    plenary meeting of the Armenian Conference of Parliamentarian
    Friendship closed under the hymn of Armenia. The next meeting will
    take place next year, however it has not been decided yet in which
    country. Speaker of the National Assembly of Armenia Artur
    Baghdassarian considered it appropriate to hold it in Armenia not
    refusing invitations from Nagorni Karabakh, Russia and Ukraine. The
    delegates of these countries expressed their wish to hold the next
    meetings in their countries. And before that the six committees will
    discuss and work out the problems for the settlement of which this
    unprecedented organization was founded.

    CHRISTINE MNATSAKANIAN
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