Production of home appliances will be launched in ArmeniaNovember 20, 2018 - 14:00 AMT PanARMENIAN.Net - Production of home appliances will be launched in Armenia, acting Prime Minister Nikol Pashinyan told a press conference on Tuesday, November 20. According to him, the government will not strive to secure a growth of economic indicators based on a the previous model of growth rates of mining or bookmaking industries. Pashinyan said the new approach explains the slowing or declining trends in Armenia’s economic activity. The acting PM revealed that structural changes are coming to the country’s government, adding that mining, agriculture and the bookmaking industry are today’s economic pillars. He said the sugar factory in the Armenian town of Sevan will be relaunched, something he said was impossible to imagine several months ago. Also, Pashinyan said Armenia will start producing home appliances but failed to provide more details. 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 | Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. 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. |