Lydian Armenia refutes reports on suing ArmeniaJune 12, 2018 - 12:08 AMT PanARMENIAN.Net - Lydian Armenia isn’t going to file a lawsuit against the Republic of Armenia, a spokesperson for the company said in a conversation with PanARMENIAN.Net Media reports alleged earlier that Lydian Armenia is planning to file a lawsuit with the London Court of International Arbitration, demanding $2 billion from the Armenian authorities for failure to provide conditions for the company's normal operation. Public relations director Anna Saghabalyan urged the media to verify such information before publication otherwise “major damage is caused to the country's investment reputation.” Lydian Armenia began construction of the new Amulsar gold mine in the country in 2016. Gold production is set to commence in the third quarter of 2018. Top stories David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. The number of state universities will be reduced from 23 to 8 by 2030, Minister of Education, Science, Culture and Sport Zhanna Andreasyan has said. From September 21 to November 11, a total of 2,820 Russians registered at a place of residence in Armenia, the police has said. The situation on the contact line between Karabakh and Azerbaijan was relatively stable overnight, the Defense Army says. Partner news | Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. U.S. believes peace is “possible” in South Caucasus The United States continues to believe that peace is possible in the South Caucasus, Vedant Patel said. |