YEGHORIAN FOUNDS INDEPENDENT POLITICAL FORCE.

Eduard Yeghorian, chairman of the Armenian parliament’s legal affairs commission and head of the reformist element in the ruling Armenian Pan-National Movement, has announced his official break with the APNM and his intention to set up an opposition group in parliament. Claiming to have the support of nearly one third of APNM’s membership, Yeghorian urged APNM members to press for changing the movement’s leadership, and he appealed to all opposition parties to join forces in order to change the government through elections. He described the incumbent Armenian leadership as representing "nomenklatura capitalism," suggested that it is interested in closing the country to Western investment, and accused it of using political power to accumulate economic privileges and monopolies.

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