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 | 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. |