  Karabakh eyes double-digit economic growth in 2017 June 5, 2017 - 13:19 AMT PanARMENIAN.Net - Nagorno Karabakh (Artsakh) prime minister Arayik Harutyunyan said he expects a double-digit economic growth for 2017 in the country. In a conversation with reporters, Harutyunyan said Karabakh registered a 9% growth in 2016 despite the Four-Day War in April last year. Azerbaijan on April 2, 2016 launched a large-scale military offensive against Karabakh, which left hundreds killed on both sides. Top Armenian and Azerbaijani officials reached an agreement on the cessation of hostilities on April 5 in Moscow. According to Harutyunyan, a lot of investors backed away from their plans due to the resumption of hostilities in April 2016. “We are expecting a 10% economic growth in 2017, as sufficient investments have been made in hydropower and mining sectors,” the PM said. Earlier, Harutyunyan said Karabakh is planning to produce 15-20 tons of black caviar annually under a corresponding business plan in Mataghis.   Top stories Six total incidents have burned 19 old-growth trees. Friday night 8 trees were torched along the beautiful main entrance. The EU does not intend to conduct military exercises with Armenia, Lead Spokesperson for EU Foreign Affairs and Security Policy Peter Stano says. Hikmet Hajiyev has said that there is no place for USAID operation in Azerbaijan any longer. A telephone conversation between Putin and Pashinyan before the CSTO summit is not planned, Peskov says.   Partner news |  Related sections Topic Latest news European Parliament to discuss repression in Azerbaijan  The European Parliament will discuss repression of civil society in Azerbaijan on April 24PACE 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.Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed.Azerbaijan razes historic Armenian church to ground Azerbaijan has demolished the historic Armenian Church of St. John the Baptist (known as Kanach Zham). |
