  Armenian minister concerned over drop in foreign investments June 5, 2013 - 15:20 AMT PanARMENIAN.Net - Armenian minister of economy Vahram Avanesyan has expressed concern over the drop in foreign investments. Minister Avanesyan expressed hope that no such drop will occur in 2013, slamming the lack of investments in communication and construction sectors. He further conditioned the volume of investments by several factors, including the promotion of free trade deal with the European community and balanced policy in markets. It’s noteworthy that 3.7% drop in international investments was reported in late December 2012 as compared with September 2012.   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 |  Latest news 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.U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel.Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide.Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |
