Rules for payment of insurance compensations under mandatory vehicle insurance set in ArmeniaDecember 21, 2010 - 19:06 AMT PanARMENIAN.Net - Chairman of the Central Bank of Armenia (CBA) Arthur Javadyan presided over a sitting of the CBA Council in Yerevan. During it, a decision was adopted on establishment of standards for placement and disposal of sums of the guarantee fund of the Bureau of Motor Vehicle Insurers of Armenia, the CBA press service reported. Besides, the Bureau’s rules on payment of insurance compensations under the mandatory vehicle insurance were set. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |