Delegation from UAE to familiarize itself with infrastructural projects implemented in ArmeniaNovember 3, 2010 - 15:13 AMT PanARMENIAN.Net - Director of the Armenian Development Agency Robert Harutyunyan said that the first Armenian-Arab business forum held in Yerevan is a result of the two countries’ efforts. There is an agreement that it will be of a continuous nature, Harutyunyan told a press conference in Yerevan on November 3. According to him, it is proved also by the representative delegation led by Sheikha Lubna Al Qasimi, the Minister of Foreign Trade for the United Arab Emirates. Projects implemented in Armenia’s infrastructures, including Iran-Armenia road, as well as the project on transferring Jermuk resort into a tourism center and projects in nuclear medicine and energy will be presented to the delegation arrived from the UAE. “As for trade, the UAE offers to expand the volume of trade turnover with Armenia through presentation of Armenian companies at free trade zones of the UAE,” said Harutyunyan. The trade turnover between Armenia and the UAE amounted to around USD 130mln in 2006-2009. A memorandum of mutual understanding between the Armenian Ministry of economy and Ministry of Foreign Trade of the UAE was signed as part of the Armenian-Arab business forum. 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. |