YEREVAN.- Social-Democratic Hnchakyan Party will endorse candidate Serzh Sargsyan, the party said in a statement.

The statement was released after the meeting convened in late December. Taking into account the recent reforms, improvement of freedom of media, fight against corruption, foreign policy achievements, the party decided to support incumbent president during the 2013 presidential elections.

They also urged the future leader to continue struggle against oligarchs and monopoly, to combat migration, to be consistent in international recognition of the Armenian Genocide and to continue protection of Karabakh people’s rights.