President Sargsyan: Russian investments welcome in ArmeniaAugust 8, 2012 - 16:00 AMT PanARMENIAN.Net - Russian President Vladimir Putin expressed gratitude to his Armenian counterpart Serzh Sargsyan for creating favorable climate in the country for Russian investments. He hailed Armenian government for the constant administrative support and assistance offered to Russian investors. President Sargsyan, in turn, noted that Russian investments make up almost half of the foreign investments the country attracts. “Russian investments are welcome in Armenia,” he said. 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 | European Parliament to discuss repression in Azerbaijan The European Parliament will discuss repression of civil society in Azerbaijan on April 24 PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE. Cyprus parliament honors Armenian genocide victims Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide. Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed. |