Washington Consensus stipulations - main impediments on the way to industry development in ArmeniaDecember 23, 2010 - 19:13 AMT PanARMENIAN.Net - Washington Consensus stipulations recommending against interference in the development of neighboring states’ industry are main impediments on the way to industry development in Armenia, according to the head of the Armenian Union of Local Manufacturers Vazgen Safaryan. “As of today, 1,5 million people are out of the country. Unless the situation is changed, the industry volume will suffer a dramatic slump, resulting in Armenia’s inability to provide adequate jobs and salaries to its residents,” he told a news conference in Yerevan. “Development of effective industry is impossible without governmental assistance,” Safaryan concluded. 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 | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. 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. |