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Teghut Defense Group to Stage Protest Outside VTB Bank

On Wednesday, July 28, from 1pm to 2pm, the Teghut Defense Group will stage a protest outside the offices of VTB Bank located at 46 Nalbandyan Street in Yerevan.
The Group wants to voice its opposition to a $300 million loan the bank will provide ACP (Armenian Copper Programme), a company that has plans to operate a copper and molybdenum mine in the Teghut forest region of northern Armenia. The Group says that although the legality of the project has been questioned by the RoA courts and the Arhaus Convention Compliance Committee, VTB Bank has expressed a willingness to grant the loan to ACP. In a statement released by the Group, the Teghut activists say they will engage in civil disobedience if their demand to halt construction at the site isn’t met.

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