Turkish army bans AXA from ministry tenders after Armenian compensationJuly 4, 2009 - 22:00 AMT PanARMENIAN.Net - Defense Ministry of Turkey put France-based AXA Holding on banned companies list after 14 years of merger with OYAK Bank which was the Armed Forces Pension Fund's, AXA is banned from bidding for Defense Ministry's tenders until 14 January, 2010, Aksam Turkish newspaper said.In 1995, AXA compensated some heirs of the Armenian Genocide survivors. The decision to ban the AXA came after the holding did not fulfill the commitment under an agreement and AXA resort the ban to the jurisdiction. AXA officials have avoided commenting, saying "The event is under judicial process. We can't make a declaration." Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |