Turkey trembles, Armenians triumphAugust 12, 2010 11:14
The lawsuit filed by two American-Armenians Garbis Davouyan and Hrayr Turabian against the Turkish government and two major Turkish banks caused serious concern in Turkey.
According to the Hurriyet daily, Turkey is getting ready to a trial with help of “three waves” program. They are discussing the issue from the viewpoint of international law, specifying whether Turkey has a possibility not to accept the lawsuit. The Turkish side is also studying what possibilities U.S. law provides in case compensation is demanded. The international agreements on the issue are being studied as well. For instance, under the Treaty of Kars signed in 1921, the sides (one of the sides was Soviet Armenia) agreed that they bear no animosity towards each other.
The Treaty of Lausanne enabled Armenians to return to Turkey within 2 years. In 1934-1937 Turkey agreed to pay U.S. $1.8 m for each Armenian – U.S. citizen.
In his turn, Mark Geragos, one of the lawyers, noted that he will submit new documents within 180 days. He did not specify the amount of compensation, adding that the point is billions of dollars.
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