Sides Should Exert Efforts for Karabakh Conflict Soonest SettlementJuly 24, 2006 - 18:45 AMT PanARMENIAN.Net - The European Union regrets over the failure to reach agreement on the Nagorno Karabakh conflict within the framework of the G8 summit, EU Envoy for the South Caucasus Peter Semneby stated at a news conference in Yerevan. In his words, the talks should go on and the sides should exert every effort for the soonest settlement. "Next year the borders of the European Union will closely approach the region. That is why the EU attaches such importance to the Karabakh conflict resolution," Semneby remarked.He also underscored that the EU doesn't immediately take part in the talks but is ready to assist in establishing trust between the states, what is possible within the European Neighborhood Policy. At that the Finnish diplomat said there is no reason for changing the format of the talks. "We are not going to substitute the OSCE MG. That is why I am not speaking of any new proposals or ways of settlement," the EU Special Representative said. Top stories President of the Armenian parliament Alen Simonyan met with the Speaker of the Azerbaijani Milli Majlis Sahiba Gafarova. Achieving stable peace between Armenia and Azerbaijan remains a priority of the OSCE, said Ian Borg. The Cabinet of Ministers decided on Thursday, November 9 to allocated AMD 120 million to arrange the gathering. Michael Roth believes sanctions must be put on the table after Baku‘s ethnic cleansing in Nagorno-Karabakh. Partner news | Your home is in Armenia – Ameriabank offers mortgage loans for the Diaspora To buy real estate, Diasporans can apply to Ameriabank online to buy, renovate or build a home anywhere in Armenia. ARARAT special evening dedicated to Aznavour's 100th Anniv. On May 20 ARARAT legendary Armenian brandy, celebrated the centennial of Maestro Charles Aznavour with a special event. Surveying works underway in Armenia’s Kirants Surveying works are underway in the Armenian village of Kirants in the northern Tavush province. Ameriabank's Trade Finance portfolio enriched with four prestigious awards from EBRD and IFC Ameriabank received the awards from international financial institutions in recognition of its trade finance operations. |