Armenia tourism has the capacity to grow fivefold, Minister saysDecember 30, 2016 - 12:27 AMT PanARMENIAN.Net - Armenia's tourism has the potential to grow by up to five times, Minister of Economic Development and Investments Suren Karayan said Thursday, December 29. At a meeting with tourism industry representatives, Karayan said the sector, currently among the Ministry's top priorities, is capable of creating inclusive added value. Citing research by the UN World Tourism Organization, Karayan said tourism along with infrastructures has the potential to grow by up to five times. The Minister also discussed issues concerning the VAT, visa facilitation policies, communications, Armenia's recognizability and the overall development of the sector. It was decided that the Union of Incoming Tour Operators, whose head Ara Petrosyan was participating in the meeting, will submit a package of proposals to the Ministry for further discussions with the state tourism committee. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. |