7.5 mln liters of wine produced in Armenia in 2016: PM KarapetyanNovember 23, 2017 - 12:26 AMT PanARMENIAN.Net - Prime minister Karen Karapetyan on Thursday, November 23 gave a positive assessment of the development and expansion of the wine industry in Armenia. "Around 7.5 million liters of wine were produced in the country in 2016, which is by 14% more than the amount produced a year earlier," Karapetyan said as he addressed the International Wine Conference in Yerevan. "Furthermore, 1.8 million liters were exported in 2016, up by 37% against 2015. My colleagues have promised a similar dynamics for 2017." According to the PM, Armenian wine factories are now equipped with quality technologies from France, Italy, Germany, while investments come from Argentina, the United State, Switzerland and Italy. Also, Karapetyan said Diaspora Armenians too make a major contribution to the development of the sector. The International Wine Conference is initiated by the Vine and Wine Foundation of Armenia and is aimed at identifying the prospects of development of the sector, attracting new investments, as well as deepening business and scientific cooperation. 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 | Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. 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. |