Kuwaiti Finance Minister eyes Armenia’s investment field as favorableOctober 4, 2011 - 12:02 AMT PanARMENIAN.Net - Kuwaiti Finance Minister Mustafa Al Shimali rates Armenia’s investment field as favorable enough. As he told a joint press conference with his Armenian counterpart Tigran Davtyan in Yerevan on October 4, the delegation arrived in Armenia to examine investment opportunities in the country’s private sector. Mr. Al Shimali is also scheduled to meet with President Serzh Sargsyan, Prime Minister Tigran Sargsyan and other high-ranking officials. Besides, the first meeting of a bilateral intergovernmental commission will take place on October 5. For his part, Minister Davtyan said that a legal basis for cooperation has been already created. “Now it’s time to implement investment projects,” he said. 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 | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. 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. |