Thursday, June 19 2025 16:28
Aline Grigoryan

Ruling party MP: The Committee on Economic Affairs does not currently  have a bill regarding the nationalization of the "Electric Networks  of Armenia" in circulation

Ruling party MP: The Committee on Economic Affairs does not currently  have a bill regarding the nationalization of the "Electric Networks  of Armenia" in circulation

ArmInfo.Currently, the Committee on Economic Affairs does not have a draft law on the nationalization  of the "Electric Networks of Armenia", as the government has not yet submitted this bill to the parliament. Sergey Bagratyan,  MP from the  "Civil Contract" faction,  stated this in a conversation with journalists on June 19.

He clarified that discussions are held in the initial stage, and only  then can the draft be considered ready for submission to parliament  for consideration. Speaking about the legislative initiatives  necessary for the nationalization of the electric networks, Bagratyan  brought up the discussion held in parliament two months ago regarding  the activities of the "Electric Networks of Armenia", where several  deficiencies were identified. The MP mentioned the possibility that  the company's may not have been used directly for  the enterprise in question and but for other purposes. However, he  stressed that these are just assumptions that need to be verified.  "The government has the authority to make decisions regarding any  enterprise based on inspections," Bagratyan added.

Touching upon the state's readiness to purchase "Electric Networks of  Armenia" and the availability of the necessary funds for this, the MP  pointed out the need to hold negotiations with the company's owner to  determine the amount of the transaction. "We must also understand  that sometimes the real cost can be deceptive, as the enterprise may  have significant debts, ultimately leading to the need to deduct  these debts from the total cost," the MP explained.

According to him, purchasing "Electric Networks of Armenia" is one  option for resolving the issue. He also suggested that the  inspections he mentioned earlier may have already taken place, and it  seems that it was as a result of these inspections, facts emerged  that gave the Prime Minister of Armenia grounds for such statements.  When discussing how these audits could have been carried out, he  noted that there are open sources containing all the data on the  costs, loans received and taxes paid by the Electric Networks of  Armenia. Therefore, as Bagratyan noted, all of this is happening  within the framework of the audit.

The MP also stated that it is useless to fight against the  authorities elected by the people, emphasizing that there is little  time left before the by-elections. He highlighted that the current  decisions being made by the government are evidence that they are  ready to do whatever it takes to improve the situation in the  country.

"People understand all this, they see our projects. It is important  to understand that we must solve our internal political problems  ourselves, no one from outside should interfere in them," Bagratyan  stated. He essentially failed to explain why the prime minister says  that the nationalization of the electric networks is inevitable,  while nothing is clear yet. The deputy tried to present all of this  as a solution to the issues that citizens are raising, as well as a  solution to strategically important matters that, according to him,  "should be accepted positively by society and find their own  solutions."