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ARMENIA AND GEORGIA AGREE ON 110 KM SECTOR OF ARMENIAN-GEORGIAN BOUNDARY

Yerevan, January 8. ArmInfo. The process of delimitation and demarcation of the Armenian-Georgian boundary is proceeding efficiently, Vladimir Karapetyan, the acting press-secretary of the Armenian Foreign Minister, told an ArmInfo correspondent.

As a result of the commissions' fruitful work, the sides agreed upon 110 km sector of the boundary. The sides decided to intensively continue the process in 2007 and to complete it as soon as possible, V.Karapetyan said. To note, the length of the Armenian-Georgian boundary is about 235 km.

TAXES ON SECOND HAND CAR IMPORT GO UP

Yerevan, January 8. ArmInfo. Due to environmental issues an addition tax will be applied to second hand cars import in Armenia, Ashot Haroutyunyan, Head of Economy Office of the Ministry on Environmental Protection, told ArmInfo.

He said that the additional taxes are based on the law on environmental protection payments adopted by Parliament in December 2006 being into force from January 2007.

As per it, the additional tax for the 5-10 year-old cars will equal to 2% of customs taxes, and 20% for those run over 15 years. In order to decrease environmental pollution, the law sets limit to import of old automobiles to Armenia. Due to the law, customs clearance grew up from 32% to 52% of the automobile cost.

Previously the environmental tax was paid only according to engine power, now, the fuel used will be reflected in the tax as well. Cars working on gas will be less taxed than those on patrol. The law increased car prices by 10-15%. Half of the imported cars are over 15 years and cost about 5-6 thnd USD. 25 thnd cars were imported to the country in 2006, and 25 thnd in 2005. Only 3% of these are expensive ones.

ROTATION OF ARMENIAN PEACEMAKERS IN IRAQ TO TAKE PLACE IN SECOND HALF OF JANUARY

Yerevan, January 1. ArmInfo. The rotation of Armenian peacemakers in Iraq will take place in the second half of January.

The peacemaking battalion of the Armenian Armed Forces told an ArmInfo correspondent that the rotation will most likely take place before January 25. To remind, the fourth group of Armenian peacemakers is in Iraq now. The group consists of 46 military servicemen: 3 staff officers, 2 army doctors, 10 deminers and 31 drivers. The rotation takes place once every six months. Armenian peacemakers carry out their mission in the structure of a Polish division.

PROSECUTOR GENERAL'S OFFICE ON EXPLOSION INVESTIGATION IN NAIRIT FACTORY

Yerevan, January 8. ArmInfo. Prosecutor General's Office (PGO) of Yerevan completed investigation on explosion in Yerevan CJSC Nairit Factory taking place on 23 rd September 2006.

Press service of PGO reported ArmInfo that chloroprene was distillated in the factory on 14-22 September. 6.1 cubic meter of unusable chloroprene and 143 cubic meter of chloroprene organic wastes were accumulated and laid in the unsafe non-freezing zone.

Authorities of the factory decided to mix the wastes with stillage bottoms and burn. In the result, a highly explosive matter was composed. Investigation showed that there was a number of inconsistencies in the factory equipment as well.

The explosion damaged 4 people and 7 cars. The damage of the water supply system made up 6.5 mln AMD and a part of Yerevan-Meghri road - 6.5 mln AMD. Environment damage made up 1.5 mln AMD. Some houses in Troim region were destroyed.

Three employees of the factory: Smbat Kazaryan, Hovhannes Hovhannissyan and Merouzhan Grigoryan were found guilty on the 2nd part of 231 Criminal Code of Armenia on violation of security measures of explosive objects. The case was passed to the Court.

Rhinoville Property Limited international company bought 90% of stocks of CC 'Nairit Factory' by 40 mln USD. The company, of U.S., German and Polish key purchasers of Armenian caoutchouc, was specially set up for the deal.

RUSSIAN POLITICAL SCIENTIST: WASHINGTON WILL INCREASE ITS PRESSURE ON MOSCOW IN ORDER TO GET CONCESSIONS ON PRIORITY ISSUES

Stepanakert, January 8. ArmInfo. US-Russian agreements on cooperation in the South Caucasus would promote stability in the region, while, presently, Washington and Russia are rivaling in the region - mostly because of Georgia - and this is having a negative impact on the situation in the region, particularly, in South Ossetia, Abkhazia and Nagorno-Karabakh, says well-known Russian political scientist Andranik Migranyan.

"I think that Washington will be increasing its pressure on Moscow and on the zones of its interest in order to get Russia's concessions on priority issues: Iraq, North Korea, Iranian nuclear program, Russian-Chinese relations, Russia's position in the Middle East and in the post-Soviet republics. In this context, the problems of the South Caucasus may become a small change in a global game and may be sacrificed for the sake of Washington's more important interests," says Migranyan.

1.6% GROWTH IN CONSUMER PRICES REGISTERED IN ARMENIA IN DEC 2006

Yerevan, January 8. ArmInfo. In Dec 2006 consumer prices in Armenia grew by 1.6%, while AMD grew against USD by 3.1%.

The National Statistical Service of Armenia reports that in Jan-Dec 2006 consumer prices grew by 5.2%, while AMD grew against USD by 18.1%.

In Dec 2006 AMD/USD exchange rate was 364.69/1 against 449.36/1 in Dec 2005.

INDICATOR
SHARE OF TOTAL CAPITAL, ASSETS, PROVISION OF CREDITING OF ARMENIA'S BANKING SYSTEM IN GDP (data of Armenian National Statistical Service and balance accounts of Armenia's commercial banks for 01.01.05)
NEWS FROM ARMENIA-LADA
WEEK FOTO
DANCE AROUND ARAGATS MOUNTAIN
OUR PRODUCTS
RANKING OF LEADING INSURANCE COMPANIES OF ARMENIA 01.01.2005

RANKING OF ARMENIA'S COMMERCIAL BANKS AS OF 01.01.2005




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