Lebanese investors seek to produce household appliances in ArmeniaNovember 10, 2017 - 13:18 AMT PanARMENIAN.Net - Lebanese investors are interested in the production of household appliances in Armenia. The issue was discussed at a meeting of minister of economic development and investments Suren Karayan and AC Holding representatives. The process of the acquisition of area has come to an end, one of the representatives said, adding that the company is at the same time completing the feasibility study. According to Karayan, the Armenian government is ready to support the implementation of the project and is always keeping investment programs in the center of its attention. At the meeting, the sides discussed the benefits that the state aid toolkit offers to investors, as well as other opportunities. 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. |