International Economic Forum kicks off in St. Petersburg

PanARMENIAN.Net - The St. Petersburg International Economic Forum opened on June 18, with leaders of post soviet countries discussing prospects of economy development, Radio Mayak reports.

Russia’s First Deputy Prime Minister Igor Shuvalov informed that the final decision on formation of a Customs Union will be taken during a meeting of the EurAsEC intergovernmental council on July 15.

“Russia, Belarus and Kazakhstan are negotiating basic agreements for the Union,” he said.

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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.
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