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The editor of the daily Aravot writes that yesterday leader of the "Heritage" party Raffi Hovhannissyan stated that he is not going to claim for the office of the president of the country. The editor says it is a very clever step which will grant certain freedom to this figure: not seeing potential competitor in Raffi Hovhannissyan, the authorities and members of the Armenian National Congress will not attack the leader of this party after his any initiative, trying to "spoil" him. So this statement may be considered a step toward discharging the situation.
The editor says in the same press conference Mr Hovhannissyan made conclusions how the 4th president will be. The author says it is an interesting issue as he thinks that in near future in our country there will not be the fourth president and the competition will be held among the three. And the reason of it, continues the editor, is also known: as far as the Karabakh conflict has not been solved only those people can take up the responsibility who in this or that way are tied with the war.
The daily Capital writes that the free trade zone of the CIS is not being brought into life. The paper says the agreement of creation of free economic zone was sent for amendments. The paper says one of the important issue discussed at the sitting of the heads of the CIS governments but the executive secretary of the CIS Sergey Lebedev said that the heads of the governments cannot agree their positions.
Under the title Asian Banks Reached Yerevan the daily Capital writes that Yerevan mayor Karen Karapetyan and Regional director of the of the Asian Development Bank Matthew Westfall signed an agreement on a tranche for the project of urban infrastructure and sustainable city development. The paper says the first tranche of 60 million US dollars will be allotted for the construction of roads bypassing Yerevan. Under the agreement signed May 19 5.6 km of roads, 3 overpasses, a 140 m long bridge over the Hrazdan River, as well as a number of other constructions will be built in the upcoming three years. Bypassing roads will be laid out which will connect the highway of Artashat to Shirak Street, bypassing Noragavit, the paper reports. The new road will be laid out connecting Shirak Street to Argavand Highway.
The paper says the construction of bypassing roads will relieve the city center from traffic, directly linking it to the highways of Artashat and Echmiadzin. Besides, two different sections of the North-South highway will be linked.