Armenia will soon start producing gold barsJune 19, 2019 - 15:58 AMT PanARMENIAN.Net - Chairman of the Central Bank Artur Javadyan said Wednesday, June 19 that Armenia will soon start producing gold bars. Addressing a government meeting Wednesday, Javadyan revealed that a factory will be established, and that all the equipment has already been purchased. “We are working with a prestigious Swiss company. A factory will open to enable our gold producers to export 80-90% bars,” the head of the Central Bank said. “We will also get to buy gold in our national currency, as foreign currency poses risks.” 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 | 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. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |