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Armenia is fully complying with its international obligations in the ENA case and other arbitration proceedings, Armenia’s Representative on International Legal Matters, Karen Andreasyan, told reporters on Wednesday.
Andreasyan emphasized that he cannot disclose any details regarding arbitration disputes because this is prohibited by the rules of international arbitration. According to him, such publicity could harm Armenia’s interests.
“The Republic of Armenia is fulfilling all its international obligations in all arbitration disputes. I ask you not to request further details at this time, because this is prohibited by the rules of international arbitration,” Andreasyan stated when asked on the matter.
The Armenian parliament approved earlier this year a bill allowing the government to temporarily take over the management of Electric Networks of Armenia (ENA) before nationalizing the company or changing its owner. The Armenian government accused ENA executives of mismanagement, stating that it had nearly triggered an energy crisis in the country. ENA has denied these accusations. The government appointed a provisional administrator in the company.
ENA, owned by billionaire tycoon Samvel Karapetyan’s Tashir Group,filed an international arbitration against the government at the SCC Arbitration Institute, which ruled that the government must suspend all actions aimed at nationalizing it. The government responded by saying that the scope of the issues (dispute) examined in the emergency proceedings is different from the objectives of appointing a provisional administrator and the scope of actions to be carried out by him.