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 | Russia warns Armenia against “falling into West’s trap” Zakharova maintained, however, that anything that will benefit the people of Armenia can only be welcomed. CSTO: Armenia has not participated in secretariat’s work recently Recently Armenia has not participated in the work of the secretariat of the CSTO, Imangali Tasmagambetov said. Meeting with U.S., EU not against third parties, says Armenia The meeting scheduled for April 5 is dedicated to strengthening of the Armenia-EU-US cooperation, Yerevan added. Ucom launches network modernization efforts in few regions of Armenia In particular, on March 28, the legacy Mobile Switching Subsystem will be replaced with a new one. |