Armenia received $1 bn investment offers after revolution: MinisterSeptember 3, 2018 - 15:00 AMT PanARMENIAN.Net - Minister of Economic Development and Investments Artsvik Minasyan revealed on Monday, September 3 that Armenia has received investment proposals worth $1 billion following the velvet revolution in spring. According to Minasyan, a lot of individuals and representatives of organizations have visited the Ministry to learn more about the investment climate in the country and unveil investment projects. The projects that have so far been announced are worth more than $1 billion, Minasyan said. “But we are also trying to assess which part of that sum is realistic and have come to the conclusion that at least $240 million is plausible,” the Minister added. 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 | Russia clarifying reports on Baku’s alleged arms supply to Ukraine Russia says is carefully working to verify reports about alleged arms supplies from Azerbaijan to Ukraine Russia warns Armenia against “falling into West’s trap” Zakharova maintained, however, that anything that will benefit the people of Armenia can only be welcomed. CSTO: Armenia has not participated in secretariat’s work recently Recently Armenia has not participated in the work of the secretariat of the CSTO, Imangali Tasmagambetov said. Meeting with U.S., EU not against third parties, says Armenia The meeting scheduled for April 5 is dedicated to strengthening of the Armenia-EU-US cooperation, Yerevan added. |