Prosperous Armenia's Tsarukian will not run for President

By Asbarez | Wednesday, 12 December 2012

Gagik Tsarukian

Prosperous Armenia Party claims it will not support any other candidate

YEREVAN (RFE/RL)—Prosperous Armenia Party leader Gagik Tsarukian said on Wednesday that he will not stand as a candidate in the upcoming presidential election.

In a written statement, the Prosperous Armenia Party said Tsarukian announced his decision at an emergency meeting of the party’s governing body and parliamentary faction. It said this announcement led the meeting to decide that the Prosperous Armenia Party will not field a presidential candidate or support any other contender in the election scheduled for February 18.

The statement did not specify the reasons for the move given by Tsarukian. It said only that the tycoon thanked his allies for their “unconditional support and trust.”

Commenting on the development, Prosperous Armenia Party spokesman Tigran Urikhanian said Armenia’s second largest parliamentary forces is only keen to make Armenians better off. “No positions, including the post of president, can be a priority for us,” Urikhanian told RFE/RL’s Armenian service (Azatutyun.am). “Prosperous Armenia has other priorities and will not deviate from the path leading to them.”

“You should also bear in mind that the nomination or non-nomination of a leader is his personal decision,” he said, adding that the Prosperous Armenia Party decided not to endorse other presidential candidates “out of expediency.”

Tsarukian was widely expected to run for president until his unexpected weekend meeting with President Serzh Sarkisian. None of its details were officially made public.

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