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South Caucasus News

Ilham Aliyev inspected ongoing restoration work at the Ashaghi Govhar Agha Mosque in Shusha


President of the Republic of Azerbaijan Ilham Aliyev and First Lady Mehriban Aliyeva reviewed the …

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South Caucasus News

Ilham Aliyev and First Lady Mehriban Aliyeva attended the opening of the Shirin Su Bath in Shusha after its restoration


President of the Republic of Azerbaijan Ilham Aliyev and First Lady Mehriban Aliyeva attended the …

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South Caucasus News

South Caucasus Pipeline’s capital expenditure decreases sharply – APA


South Caucasus Pipeline’s capital expenditure decreases sharply  APA

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South Caucasus News

Ruben Vardanyan sends message to Aurora Prize candidates from Baku prison


During the 2024 Aurora Prize award ceremony, Veronika Zonabend, the wife of Aurora Humanitarian Initiative co-founder Ruben Vardanyan, read Ruben Vardanyan’s message from Baku prison. Veronika Zonabend’s speech is presented below:

“Dear guests and participants of the 8th Aurora Prize Ceremony, from Armenia, Yerevan,

I am standing here in the garden of IDeA Foundation, which was established almost 25 years ago by Ruben and me, together with our partners and friends. Aurora was born within those roots, founded by Noubar, Vartan, and Ruben. Before I read the message from Ruben, I want to express my personal deep and sincere gratitude to all of you, to the Aurora community, to Aurora leadership, for support and compassion. Being over 200 days imprisoned in Baku, Ruben and other Armenian prisoners were supported by you, and you were standing in solidarity with them, with your bold actions demanding their immediate and unconditional release. More recently, during Ruben’s hunger strike for 20 days, you raised your voices, together with the voice of the family, and this is invaluable. Thank you again.

Here is Ruben’s message: Baku prison, 2024.

“In 2015, in the run up to the 100th commemoration of the Armenian Genocide, Vartan, Noubar and I, reflecting on how to mark the fateful day, decided that we should not only honor the memory of those who perished during that catastrophe; we also wanted to express our gratitude to those who helped them and saved their lives.

We wanted to change the Armenian narrative from that of victimhood and the past, to a new perspective: facing the future with hope.

We launched this initiative to express gratitude on behalf of our nation, honoring modern heroes, helping them carry on with their hard work and promoting good deeds. We were dreaming about Yerevan to become a humanitarian capital of the world, joining together as one nation with the Armenian Diaspora scattered around the globe as the result of the Genocide.

With Aurora, we draw international attention to real heroes of today, those who risk their own wellbeing and lives, and who find faith and a path forward in helping others.

Thanks to Aurora, I met people who taught me the most important lesson: remaining true to human values and your own principles, irrespective of the situation, and following your path. My decision to move to Artsakh — Nagorno Karabakh — was motivated by the Aurora heroes: I made a choice to be with the people who needed help and wanted to help in any way I could. Being here, totally isolated from the world for nearly eight months, I have a lot of time to reflect.

I have no regrets about taking that path. I am deeply grateful to you for inspiring me to do the right thing. Now, I understand much better what motivates Marguerite Barankitse, Tom Catena, and other Aurora laureates, and why they have this strong belief in the power of one individual to make a difference. There is simply no choice but to try.

Unfortunately, our world has not become kinder through your good work, but this means that what you do is more important than ever. Your commitment to helping others, in this joint mission of ours, gives me strength here. I am now more convinced than ever before, that values and principles are more important than even life itself.

I wish you every success in your mission, and I am sending my warm congratulations to this year’s laureates. I am confident that together, we can do a lot to make the world a better and a kinder place for everyone. As Marguerite likes to say, love always prevails. So, let love and values prevail. Let all of us be prepared to give more than we ever hope to receive in return, and that each of us can make a big difference.””


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South Caucasus News

EBRD to hold its 2024 Annual Meeting and Business Forum in Armenia


The European Bank for Reconstruction and Development (EBRD) will be hosting its 33rd Annual Meeting and Business Forum in Yerevan, Armenia next week under the banner of “Delivering Impact Together.”

The event will be the largest of its kind ever held in Armenia and the choice of location demonstrates the EBRD’s ongoing support for the country and the Caucasus region.

The three-day meeting, which opens on Tuesday 14 May, will bring together government officials, financial and corporate executives, entrepreneurs, civil society and media from across the regions served by the EBRD.

Armenia’s Prime Minister Nikol Pashinyan is expected to address the Board of Governors’ opening session at Yerevan’s Opera House on Wednesday 15 May. The Vice Chair of the Board of Governors, Gintarė Skaistė, Minister of Finance of Lithuania, and EBRD President Odile Renaud-Basso will make opening speeches.  

The Governors will elect a President to lead the Bank for the next four years on Thursday 16 May. Ms Renaud-Basso was first elected to the post at the Bank’s 2020 Annual Meeting and her current term is coming to an end.

Ms Renaud-Basso is the only candidate to have been nominated for the role this year. To secure election, candidates need a double majority of votes – that is, from both the total number of Governors and members’ total voting power.

Governors will also begin considering the Bank’s next “roadmap” – the Strategic and Capital Framework, which will set out its priorities for the period 2026-30.

A wide range of topics will be discussed at the Business Forum, such as the importance of regional connectivity and value chains; fintech, artificial intelligence and cybersecurity; energy security and renewables; the challenges caused by the war in Ukraine; digitalization in emerging markets; and financial inclusion.

Those unable to travel to Yerevan next week to take part in the event will be able to follow most of the events live online.

Guest speakers on the panels include: Noubar Afeyan, the co-founder of Moderna; Thierry Deau, CEO of Meridiam; Martin Wolf from the Financial Times; Rania Al-Mashat, Egypt’s Minister of International Cooperation; Marie Lou Papazian, CEO of Tumo; political scientist Melanie Garson; professor and historian Harold James; and Alexia Latortue, Assistant Secretary for International Trade and Development at the US Treasury.  Department of the

On 15 May the Bank will also release its Regional Economic Prospects report showcasing its latest macroeconomic forecasts for its regions.  

One of the highlights of the Business Forum will be Armenia’s Investment Outlook session on the same day. Over the last five years, the EBRD has invested €640 million in the country, supporting private sector development, infrastructure improvements, renewable energy generation and rural digitalisation.

To date, the EBRD has invested over €2.1 billion in 210 projects across Armenia.


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South Caucasus News

President Ilham Aliyev inspected ongoing restoration work at the Ashaghi Govhar Agha Mosque in Shusha – AZERTAC News


President Ilham Aliyev inspected ongoing restoration work at the Ashaghi Govhar Agha Mosque in Shusha  AZERTAC News

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South Caucasus News

Shirin Su Bath inaugurated in Shusha after restoration – AzerNews.Az


Shirin Su Bath inaugurated in Shusha after restoration  AzerNews.Az

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South Caucasus News

AP Headline News – May 10 2024 08:00 (EDT)


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South Caucasus News

Ambassadors of USA and Ukraine to Azerbaijan meet – APA


Ambassadors of USA and Ukraine to Azerbaijan meet  APA

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South Caucasus News

Azerbaijan’s ACG reveals expenditure for this year – AzerNews.Az


Azerbaijan’s ACG reveals expenditure for this year  AzerNews.Az