Wednesday, November 20 2019 19:34
Naira Badalian

Armenian government thinks about expanding capabilities of inspection  bodies

Armenian government thinks about expanding capabilities of inspection  bodies

ArmInfo. The Armenian  government is thinking of expanding the capabilities of inspection  bodies so that they can not only check and record the consequences,  but also prevent such incidents. This was stated by Deputy Prime  Minister of the Government of Armenia Tigran Avinyan in a  conversation with reporters on November 20, commenting on the fact of  another pollution of the Voghji River.

To recall, on November 18, the Armenian Environmental Front reported  that the Voghji River was once again polluted near Kapan, presenting  video footage shot by one of the citizens. On October 17, the 911  service received information that the Voghji river of the Syunik  region was polluted (the water in the river turned white). The  operational group of the regional center for crisis management of the  Ministry of Emergencies, which arrived at the site, found out that  the pipeline of Zangezur Copper-Molybdenum Plant CJSC was damaged  near the village of Nerkin Giratagh, Syunik Region. Waste poured into  the Voghji River. The staff of the regional structure of the  Inspectorate for the Protection of Nature and Subsurface Resources  took water samples from the river. On November 19, the Syunik  Territorial Department of the Inspectorate for Conservation of Nature  and Subsurface Resources of the Republic of Armenia and the employees  of the Syunik Regional Police Department reported on pollution of the  Voghji River and conducted a joint inspection and research, and took  water samples.

"We all understand that these are inherited problems that sooner or  later would arise. I think that by working calmly and methodically we  will achieve the goal that we will call the" responsible mining  industry "and also understand how to repair the damage done for  decades, "said Tigran Avinyan.

Earlier, on October 17, it became known that the waste from the  Zangezur Copper-Molybdenum Combine had been discharged into the  Voghji River, which caused the river to turn brown. Before the  rescuers arrived at the scene, the damaged area of the waste storage  was repaired. As Minister of the Naure Protection, Erik Grigoryan,  stated then, the pipes at the plant have not changed since Soviet  times.  According to him, the amount of damage to the environment  will soon be determined, on the basis of which the amount of  compensation will also be determined. At the same time, as the  Minister admitted, the current regulation on restoration of  environmental damage needs to be substantially revised. So, the  legislator has set such ridiculous tariffs for damages that it is  often more profitable for the owner of the mine to pay a fine than to  modernize the infrastructure, in particular, to change the pipes. On  October 31, the Prosecutor General's Office opened a criminal case on  the damage to the pipeline and the pollution of the Voghji river by  the waste of the Zangezur Copper-Molybdenum Combine on the grounds of  clause 1, part 2 of Article 284 of the RA Criminal Code (Violation of  safety rules when handling hazardous chemical or biological  substances and waste). As the press service of the Prosecutor  General's Office reports, facts of flagrant violation of safety rules  during the transportation of waste by ZCMC employees were revealed.  As a result of this, one of the pipelines was damaged, the waste went  into the Voghji River, which caused environmental pollution.

POST A COMMENT
Input digits     


News
At a global food forum in Berlin, participating countries adopted a  communique on promoting sustainable agricultural development and food  securityAt a global food forum in Berlin, participating countries adopted a  communique on promoting sustainable agricultural development and food  security
Tax privileges for repatriates expanded in ArmeniaTax privileges for repatriates expanded in Armenia
Armenia intends to improve its performance in World Bank`s Doing  Business ranking by five positionsArmenia intends to improve its performance in World Bank`s Doing  Business ranking by five positions
Armenia is negotiating with Armenia is negotiating with "Gazprom" on developing  mechanisms for fixed gas pricing for a period of 10 years
$ 31.6 million transactions made at currency interbank of Armenia on  January 8-17, 2020$ 31.6 million transactions made at currency interbank of Armenia on  January 8-17, 2020
Karina Melikyan, Financial Analyst at ArmInfo IC, won the Best  Analytics nomination in the the UBA contestKarina Melikyan, Financial Analyst at ArmInfo IC, won the Best  Analytics nomination in the the UBA contest
VTB Bank (Armenia) intends to firmly establish its leading position by total number of opening new ATMs and branches in 2020VTB Bank (Armenia) intends to firmly establish its leading position by total number of opening new ATMs and branches in 2020
Armenia and UAE discussed further work of Armenian-Emirate  intergovernmental commissionArmenia and UAE discussed further work of Armenian-Emirate  intergovernmental commission
Gazprom Armenia does not exclude the possibility of applying to PSRC  with a request for a change in gas tariffsGazprom Armenia does not exclude the possibility of applying to PSRC with a request for a change in gas tariffs
Deputy PM: Subsidizing community development programs in Armenia  provides for efficient and modern solutionsDeputy PM: Subsidizing community development programs in Armenia  provides for efficient and modern solutions
Armenia joins agreement on facilitating access of the blind to  printed informationArmenia joins agreement on facilitating access of the blind to  printed information
RAEX-Europe confirmed Armenia`s ratings at `BB-` with outlook  RAEX-Europe confirmed Armenia`s ratings at `BB-` with outlook  "Positive"
HSBC Appoints New CEO in ArmeniaHSBC Appoints New CEO in Armenia
Nicola International Armenia LLC to invest 1.6 billion drams in  production expansionNicola International Armenia LLC to invest 1.6 billion drams in  production expansion
Revenues of the communications sector of Armenia for 11 months of  2019 increased by 0.9% per annumRevenues of the communications sector of Armenia for 11 months of  2019 increased by 0.9% per annum
During 11 months in 2019 volume of cargo transportation in Armenia  decreased by 50.7% with an increase in passenger traffic by 4.3%During 11 months in 2019 volume of cargo transportation in Armenia  decreased by 50.7% with an increase in passenger traffic by 4.3%
Armenia increased production of all alcoholic beverages in  January-November 2019 Armenia increased production of all alcoholic beverages in  January-November 2019 
In structure of manufacturing industry of Armenia, textile production  recorded the highest growthIn structure of manufacturing industry of Armenia, textile production  recorded the highest growth
Armenia ranks 69th among 190 countries in the World Bank`s Armenia ranks 69th among 190 countries in the World Bank`s "Women,  Business and the Law" 2020 report
Armenia`s metallurgical industry has stabilized in growth by December  2019Armenia`s metallurgical industry has stabilized in growth by December  2019
Armenia`s mining industry is steadily increasing volumesArmenia`s mining industry is steadily increasing volumes
In December, output of aluminum foil in Armenia exceeded production  volumes for whole of 2018In December, output of aluminum foil in Armenia exceeded production  volumes for whole of 2018
Armenia`s trade volume with the EAEU keeps growing, while declining  with the EU Armenia`s trade volume with the EAEU keeps growing, while declining  with the EU 
Ameriabank in numbers presented the results of the introduction of a  new online lending systemAmeriabank in numbers presented the results of the introduction of a  new online lending system
Statistics: The unemployment rate in Armenia in Q3 of 2019 amounted  to 18%Statistics: The unemployment rate in Armenia in Q3 of 2019 amounted  to 18%
AmRating: A growing low-cost mortgage is AmRating: A growing low-cost mortgage is "spurred on" by a steady  increase in property prices
RA Ministry of Economy forecasts 10% increase in exports for 2019RA Ministry of Economy forecasts 10% increase in exports for 2019
Armenia`s budget continues to be executed with surplus Armenia`s budget continues to be executed with surplus 
Tigran Khachatryan: In 2020, the number of tourists arriving in  Armenia will not yield to 2019 indicators  Tigran Khachatryan: In 2020, the number of tourists arriving in  Armenia will not yield to 2019 indicators  
Tigran Khachatryan: In 2020, the agricultural sector of Armenia will  enter a positive trendTigran Khachatryan: In 2020, the agricultural sector of Armenia will  enter a positive trend


Exchange rates
20.01.2020
RUB7.78-0.03
USD479.34-0.27
EUR531.592.12
GBP622.23-3.95
CAD366.89-0.85
JPY43.51-0.02
CNY69.810.18
CHF495.13-1.57


Experts
RAEX-Europe confirmed Armenia`s ratings at `BB-` with outlook  RAEX-Europe confirmed Armenia`s ratings at `BB-` with outlook  "Positive"
AmRating: A growing low-cost mortgage is AmRating: A growing low-cost mortgage is "spurred on" by a steady  increase in property prices
AmRating: Increasing toxicity of consumer loans will push banks to  not put all their eggs in one basketAmRating: Increasing toxicity of consumer loans will push banks to  not put all their eggs in one basket
Analysts Opinion on Central Bank Report Analysts Opinion on Central Bank Report 
ArmInfo has released its 100th anniversary bank bulletinArmInfo has released its 100th anniversary bank bulletin
Mining Industry as a Fanciful Game of Cats-and-MiceMining Industry as a Fanciful Game of Cats-and-Mice
Tigran Khachatryan: Attracting several transnational investors to  Armenia will allow the country to start playing for high stakesTigran Khachatryan: Attracting several transnational investors to  Armenia will allow the country to start playing for high stakes
During the first 5 years, the agricultural insurance market in Armenia will operate at a lossDuring the first 5 years, the agricultural insurance market in Armenia will operate at a loss
Artak Kamalyan: Education is the key to success. Everything else is of secondary importanceArtak Kamalyan: Education is the key to success. Everything else is of secondary importance
Head of PSRC: Whatever the agreement, the domestic tariff is  dependent on the price at the borderHead of PSRC: Whatever the agreement, the domestic tariff is  dependent on the price at the border
IMF: Armenia needs to achieve sustainable inclusive growthIMF: Armenia needs to achieve sustainable inclusive growth
Artur Atoyan: Problems of fish farmers are solved by the communist  method, that is, they are not solved at allArtur Atoyan: Problems of fish farmers are solved by the communist  method, that is, they are not solved at all
HSBC Bank Armenia digitalizes cooperation with retail clients HSBC Bank Armenia digitalizes cooperation with retail clients 
AmRating agency in cooperation with European Rating-Agentur Expert RA  GmbH has issued regular research on Armenia`s banking systemAmRating agency in cooperation with European Rating-Agentur Expert RA  GmbH has issued regular research on Armenia`s banking system
Yulia Ustyugova: Armenia can get access to IMF “insurance line”Yulia Ustyugova: Armenia can get access to IMF “insurance line”
Armand Arton: The question whether citizenship should be granted in  return for investments is rather rhetoricalArmand Arton: The question whether citizenship should be granted in  return for investments is rather rhetorical
Former head of the Ministry of Finance: <Confrontation> with Lydian may cost much to ArmeniaFormer head of the Ministry of Finance: with Lydian may cost much to Armenia
Vardan Aramyan: It will be unreasonable if the government goes to revise the allowable national debt ceiling in GDPVardan Aramyan: It will be unreasonable if the government goes to revise the allowable national debt ceiling in GDP
HSBC Bank Armenia increases efficiency and focuses on digital servicesHSBC Bank Armenia increases efficiency and focuses on digital services
Bulgarian Minister: The level of Armenian-Bulgarian economic  cooperation is still unsatisfactoryBulgarian Minister: The level of Armenian-Bulgarian economic  cooperation is still unsatisfactory

Search by date

Government Bonds

Issue volume

10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

Volume of satisfied bids

200 million

Yield at cut-off price

 5.8314%

Maximum yield

 5.8314%

Мinimum yield

 5.8314%

Weighted average yield

 5.8314%

Number of participants

2

The maturity date of T-bills

03.02.2020

ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000

Commented
John D & Sosi Balian Foundation will allocate $ 1.65 million for  construction and improvement of new building of Erebuni  Archaeological Museum-ReserveJohn D & Sosi Balian Foundation will allocate $ 1.65 million for  construction and improvement of new building of Erebuni  Archaeological Museum-Reserve
Mining Industry as a Fanciful Game of Cats-and-MiceMining Industry as a Fanciful Game of Cats-and-Mice
Russian processing company Russian processing company "MultiCarta" discussed cooperation  opportunities with Yerevan Municipality in the transport sector
$ 270 Million to be invested in the construction of the first  skyscraper in Yerevan$ 270 Million to be invested in the construction of the first  skyscraper in Yerevan
The AGBU Women Entrepreneurs Program Launched in Artsakh: FRUITFUL  ARMENIA Foundation is the partnerThe AGBU Women Entrepreneurs Program Launched in Artsakh: FRUITFUL  ARMENIA Foundation is the partner
Forecast: Armenia has good prospects for expanding its presence in  the Polish marketForecast: Armenia has good prospects for expanding its presence in  the Polish market
Armenian government`s delegation headed by Prime Minister will take  part in the St. Petersburg International Economic Forum on June 6-7Armenian government`s delegation headed by Prime Minister will take  part in the St. Petersburg International Economic Forum on June 6-7
Concessionaire of Zvartnots International Airport promises to become  one of the best operators in the worldConcessionaire of Zvartnots International Airport promises to become  one of the best operators in the world
Arthur Javadyan: Central banks are not responsible for economic  growthArthur Javadyan: Central banks are not responsible for economic  growth
Forecast: Electricity exports to the Middle East through Iran are a  key component of Armenia`s geo- economic strategyForecast: Electricity exports to the Middle East through Iran are a  key component of Armenia`s geo- economic strategy
ArmInfo IC: In Armenia,  CMTPL loss ratio increased up to 64.5% in Q1  2019ArmInfo IC: In Armenia,  CMTPL loss ratio increased up to 64.5% in Q1  2019
From January 1, 2020, the cost of customs clearance of cars from  non-EEU countries in Armenia will increase by at least 4-5 fold:  whether the market for used cars is going upFrom January 1, 2020, the cost of customs clearance of cars from  non-EEU countries in Armenia will increase by at least 4-5 fold:  whether the market for used cars is going up
Overdue loans accelerate growth in banking system of ArmeniaOverdue loans accelerate growth in banking system of Armenia
RA Prime Minister: European Union is not ready to finance 100% of  development programs implementation in ArmeniaRA Prime Minister: European Union is not ready to finance 100% of  development programs implementation in Armenia
Converse Bank offers online loans at a low effective interest rateConverse Bank offers online loans at a low effective interest rate
Starting from Jan 1, 2020, a new micro-business taxation system will  be introduced in ArmeniaStarting from Jan 1, 2020, a new micro-business taxation system will  be introduced in Armenia
Renco company will attract additional shareholders and partners to  the project of building a new thermal-power plant in ArmeniaRenco company will attract additional shareholders and partners to  the project of building a new thermal-power plant in Armenia
T.Avinyan: The Government is open for cooperation and encourages  active dialogue and interaction in all areas T.Avinyan: The Government is open for cooperation and encourages  active dialogue and interaction in all areas 
Agreement on construction of a new unit with combined gas cycle  signed in YerevanAgreement on construction of a new unit with combined gas cycle  signed in Yerevan
Veolia Jur: Regulatory charges are false and unfoundedVeolia Jur: Regulatory charges are false and unfounded
Armenian Prime Minister: We are gaining momentum for economic takeoffArmenian Prime Minister: We are gaining momentum for economic takeoff