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"The people of Armenia have taken the future course of our nation in a new direction. Their unity of purpose has inspired hope and is laying the foundation for strong democratic institutions under Rule of Law," Armenian General Benevolent Union (AGBU) said in a statement on Tuesday commenting on the recent developments in the country.

"Equally important, the world has taken note of the democratic spirit of Armenia's citizens and their potential to effect constructive change with maturity and wisdom. This alone gives cause for optimism and national pride," the statement said, adding AGBU will continue to support the values that have propelled this historical movement-one that has led to a peaceful resolution, with the decision by former President Serzh Sargsyan to honor the voice of the people.

The organization reminds that the work ahead will require the same forbearance and thoughtful activism to achieve national unity. "It is necessary to forge strong ties of civil discourse and ensure the strength of our democratic institutions so that capable leaders can be accountable to the citizens and translate democratic ideals into practical policies for security and lasting prosperity."

"As we commemorate the events of April 24, 1915, we are reminded of just how far we have come as a people to overcome the tragedies and challenges of the past.  That same spirit of determination must now inform our future," AGBU statement concluded.