7 nationalist organizations of Armenia have signed a memorandum on creation of the Armenian Nationalist Front (ANF). In the words of leader of the Union of Armenian Aryans Armen Avetisian, the goal of the ANF is to promote affirmation of the national ideology, recognition of the Armenian Genocide, final settlement of the Nagorno Karabakh problem. Besides, Armenian nationalists intend to contribute to the development of the economy, to review the tax and credit policies, as well as to establish state control over branches of strategic importance. It should be noted that ANF includes: the Union of Armenian Aryans, the Armenian Nationalist Party, the organization of the United Fist of Armenian Aryans, United Nation Party, Mashtots Union, National Renaissance Party, Youth Military and Patriotic Union.