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Armenian Speaker, Premier Join Board Of Major Fund

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  • Armenian Speaker, Premier Join Board Of Major Fund

    ARMENIAN SPEAKER, PREMIER JOIN BOARD OF MAJOR FUND

    Public Television of Armenia, Yerevan
    19 Jun 07

    [Presenter] The Hayastan All-Armenian Fund is marking its
    anniversary. For the past 15 years, the fund has implemented projects
    worth 165m dollars.

    They have contributed to the reconstruction and development of the
    infrastructure in Armenia and Artsakh [Nagornyy Karabakh] as well as
    helped implement social, cultural and scientific projects.

    At the government's House of Receptions, the 16th meeting of the
    board of trustees opened today [19 June] after a blessing by the
    Armenian catholicos.

    The board of trustees unanimously voted to include National Assembly
    [parliament] President Tigran Torosyan and Prime Minister Serzh
    Sargsyan in the board based on their positions. The proposal was made
    by President Robert Kocharyan, who is the chairman of the board of
    trustees. In recent years, the fund has been sponsoring the Artsakh
    Resurrection Project, the goal of which is to promote the economic
    growth of Karabakh. In 2006, 47 projects, worth 40.2m dollars, have
    been implemented. Armenia's participation has also been significant
    in the fund's projects - about 80 projects, worth 22.82m dollars,
    have been implemented.

    [President Robert Kocharyan, addressing the meeting of the board of
    trustees] I remember the period when the fund was established. It
    was major progress, of course. There was great enthusiasm, romantics
    then. All this has been transformed now into a better organized
    structure, a more pan-Armenian [indistinct] structure, which has proved
    over the past 15 years to be is a national treasure. This is the most
    representative structure, and probably the most effective organization
    among all the organizations of this type. Every time when participating
    in the work of the fund, I am proud that I am not only the chairman of
    the board of trustees of this structure but also an active participant,
    and I believe that we all should have this feeling of pride. A lot
    of work has been done and looking back the work looks more impressive.
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