The widely-advertised policy of the Turkish Foreign Ministry - “zero problems with neighbors” - is, in fact, more applicable to Armenia than to Turkey. Except for the total absence of relations with Azerbaijan, Armenia is in relatively better terms with her neighbors than Iran, Georgia or Turkey. Moreover, Armenia has managed to maintain normal relations with the world powers, which in itself is very important. For such a small country without natural resources and with problematic neighbors, it is difficult to survive, constantly meddling in all regional affairs, as Turkey does.

Communication field proceeds totaled AMD 66.8 bln in January-May 2010. The figure grew by 10.6% as compared with the same period of 2009. 599 computers were assembled in Armenia in January-May 2010. 6.6% growth was recorded in computer production in January-May 2010 as compared with the same period of 2009, the Armenian National Statistical Service reported.

Political week started with discussions of the June 18 incident at the contact line between the NKR and Azerbaijani armed forces. Member of the Republican Party of Armenia, MP Gagik Melikyan said he doesn’t think that international institutions assumed a biased stance on the incident. Nevertheless, he emphasized that Azerbaijan should have been named as the provocateur. “It was not the time to make statements admissible for both sides,” he said, hailing the reaction of Armenian and Arstakh leaders, who gave a proper response to Azerbaijan.

Cbonds Russia & CIS Fixed Income Conference kicked off in Yerevan on July 1, bringing together 200 participants from Russia, Armenia, Ukraine, Belarus and other CIS member countries. According to NASDAQ OMX Armenia CEO, Armen Melikyan, Armenian developing capital market arouses interest of the conference participants.

Renowned Claudia Cardinale, who co-starred in Henri Verneuil’s Mayrig (Mother) film, will attend the opening ceremony of the festival. The actress will be awarded a silver copy of a thaler made by Sergei Parajanov during the years of his imprisonment.