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ARMENIA DAILY DIGEST
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From: Giorgi Kandelaki (GKandelaki@sorosny.org)
Date: Fri Jun 21 2002 - 15:17:37 EDT
ARMENIAN 'ASSETS FOR DEBT DEAL' AGAIN POSTPONED... The agreement
under which Armenia will cede to Russia several key enterprises in
payment for its accumulated $96 million debt may not be signed by the
end of this month after all, despite Prime Minister Andranik
Markarian's 31 May statement that it would be, RFE/RL's Yerevan
bureau reported (see "RFE/RL Newsline," 22 March and 14 May 2002).
Defense Minister Serzh Sarkisian, who has led the year-long
negotiations that led to the agreement, said on 20 June that Russian
Industry and Science Minister Ilya Klebanov has not yet received
clearance to sign the agreement but is expected to arrive in Yerevan
to do so "pretty soon." Armenian observers attribute the delay to
disagreement over the market value of the Armenian enterprises in
question, the most important of which is the Hrazdan thermal power
plant. Yerevan estimates the value of that facility at $100 million.
LF
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