As international sanctions pile up against Russia, Armenia, a country literally powered by the Russian economy, expects to get hit, too.
Armenian officials and economy-wonks are not certain about the size and scope of the impact, but they are positive there is going to be one. Russia is Armenia’s single largest investor, export-outlet and energy supplier, so the lateral effects of the sanctions could be potentially felt in all those directions. “At this stage it is hard to make expert conclusions. Even the Russian experts do not yet have precise calculations,” Economy Minister Karen Chshmatirian was quoted as saying by Regnum news agency.
The latest round of US sanctions targeted, among others, Russia’s VTB Bank, which happens to be the largest private lender in Armenia. “The measures taken by the US Government to restrict VTB’s access to the capital market do not impact the bank’s operational performance and creditworthiness,” asserted VTB, which is majority-owned by the Russian government. Bloomberg, however, reported that major international lenders to the VTB Group already have put on hold a $1.5-billion loan to the bank.
Another target of the sanctions, Gazprombank, also has a presence in Armenia. It is owned by Russia’s state energy giant Gazprom, which essentially is the sole supplier of natural gas to Armenia.
Georgia is now chasing its former president, Mikheil Saakashvili, with criminal charges of abuse of authority. But the leader of the 2003 Rose Revolution has no intention of turning himself in to prosecutors whom some see as fixated on crushing the ex-president and his allies.
They may be a small group, but they are tough mountain men, seasoned in war and guerrilla-living. They are part of the Vostok (The East) battalion and, according to testimonies by local insurgents, they are making all the difference in the rebellion against the central authorities in Kyiv. They are, of course, the South Ossetians.
Their tiny South-Caucasus region has yet to convince the world — bar Russia and a handful of other countries — to accept its independence from Georgia, but South Ossetia itself is not shy about recognizing the legitimacy of fellow separatists in need. It was the first and only place to recognize Ukraine’s twin breakaway, self-declared republics of Donetsk and Luhansk as independent states, and is expecting credentialed ambassadors to show up in South Ossetia’s main city, Tskhnivali, any day now.
But the separatist camaraderie has gone beyond just recognition. South Ossetia is now busy sending money, clothing and fighters to eastern Ukraine, Russian media report. And this last despite the widespread international belief that the amateur rebel warfare there caused the July 17 Malaysian Airlines tragedy.
Armenia’s planned participation in this second Union has experienced repeated delays; according to some observers, because of the lack of consensus among the bloc’s members (Belarus, Kazakhstan and Russia) about Yerevan’s political and economic requests.
The official line is that this merger still will happen. Nonetheless, Armenia clearly doesn’t want to miss out on all the easier access to Paris, Rome and beyond that three more EU-enthusiastic members of the Eastern Partnership Program are having (Moldova) or soon could be having (Georgia, Ukraine) .
The EU’s thoughts about Nalbandian’s petition do not appear to have been released yet. To enhance Yerevan’s chances on this front, the foreign minister also spoke about the possibility for stronger ties with Brussels and stressed the EU’s role in Armenia’s democratization reforms.
The European Court of Human Rights (ECHR) last week upheld a controversial Georgian law that sets a potential behavior trap for the country’s legendary mobsters, or thieves-in-law. While many Georgians welcome this as a European stamp of approval for Tbilisi’s aggressive crackdown on organized crime, some observers believe that the law nonetheless can encourage a disregard for civil rights.
Oh, that awkward moment when the head of state shows up uninvited at a milestone-event in a country’s history. Georgia had just that moment on July 18, when its parliament endorsed the Association Agreement with the European Union. Just about everyone — foreign ambassadors, civil society figures and government ministers – was invited to parliament to give a big hand to Georgia’s European future. But President Giorgi Margvelashvili was not.
The tension between Margvelashvili, Georgia’s directly elected head of state, and its appointed head of government, Prime Minister Irakli Gharibashvili, has been on everyone’s lips for quite some time now. This time, it played out in public.
Throughout the day on July 18, reporters had wondered why the president was not on the guest list for Georgia’s official European début. “Not everyone can fit in this building,” responded Eka Beselia, a senior lawmaker from the ruling Georgia Dream coalition, chaired by Prime Minister Gharibashvili.
Margvelashvili put paid to that when he walked in as the parliamentary session was about to kick off and plopped down in a chair with a contented smile. “See, I have fit, haven't I?” he quipped to Beselia, Tabula.ge reported. It was left to Parliamentary Speaker Davit Usupashvili to fill the awkward pause with bows and greetings for all guests of the legislature.
Parliament unanimously approved the Association Agreement, and Margvelashvili and Beselia walked out from the hall together, both wearing happy smiles for the TV cameras.
Georgia on July 18 legislatively cemented its European aspirations, while Armenia set a new date for a trip in the opposite direction— integration with the Russian-centric Eurasian Economic Union. The last but not least in the South Caucasus trio, Azerbaijan, remains content with its status as the region’s geopolitical maverick, but wants more appreciation from the European Union.
With EU officials on hand in Tbilisi, the Georgian parliament unanimously ratified the signed association and free-trade agreements with the European Union, and Prime Minister Irakli Gharibashvili declared, in case there was any doubt, that the country’s European path is "irreversible."
For one thing, they’ve drunk on it. “The ratification of this agreement will not be valid if we don’t chase it with a glass of wine,” observed Parliamentary Speaker Davit Usupashvili, inviting all to move on to the reception.
The session opened with the Georgian national anthem and closed with the EU anthem
Moldova, a fellow EU-enthusiast (and serious wine-producer), ratified the agreements earlier this month, while Ukraine is expected to do the same shortly.
But, as often happens in the South Caucasus, Armenia and Azerbaijan had their own tales to tell as well.
After missing a few earlier targets, Armenia set October as its date for entering the Eurasian Economic Union, Moscow’s response to the European Union. Speculation runs rife about the reasons for the repeated delays, but Yerevan says the deadline's for real this time, and the necessary
URLs may soon be available in the 1,600—year-old Armenian alphabet, as Armenia, the small Caucasus country with a booming IT sector, moves to claim its spot in the Internet namescape.
Early this year, Armenia applied for a permit to register domain names in its ancient, native tongue. One in-the-know NGO, the Internet Society of Armenia, says it expects the US-based international domain regulator to approve the Armenian alphabet as a URL language.
Currently, website addresses in Armenia, and the rest of the South Caucasus, use the Latin alphabet.
URLs began quickly diversifying away from English, after the Los Angeles-based Internet Corporation for Assigned Names and Numbers began accepting applications for domains in non-Latin scripts in 2010. English still dominates, though, followed by large-population languages like Chinese and Russian.
Armenia’s domain claim comes amidst a surprise surge in its information technology industry. The country, once better known in foreign markets for its brandy, is allegedly seeing the sector grow by an average of 22 percent annually, according to official data, EurasiaNet.org has reported.
Most recently, the Santa Monica, California-based tech-holding company Science Inc. snapped up Yerevan’s InLight, a mobile-app maker, TechCrunch wrote.
Writing on their ballots, they asserted that the dwarf jailed in the HBO series for the murder of another character, King Joffrey, is “no criminal,” Netgazeti.ge reported.
In a vote that managed to attract only about 34.3 percent of 920, 019 registered Tbilisi voters, that sentiment was a rare display of activism. Others used their ballots to express a wish for all the government to go to hell, to use a polite paraphrase.
The low turnout was reflected nationally, as well — only 36 percent of just over 1.7 million registered voters took part in 18 other run-offs for local elections that were, outside of Tbilisi, a first.