Economy Minister: Armenia is and will be an industrial state October 30, 2011 - 18:43 AMT PanARMENIAN.Net - Armenia is and will be an industrial state, with the country's government taking all efforts to promote an export-oriented industry, according to Economy Minister. As Tigran Davtyan stated at Republican Party of Armenia (RPA)-hosted economic conference, “an unprecedented 13% of industry growth was achieved in the framework of governmental post-crisis program for economy stimulation.” “In the long-term perspective, a concept of strategic development policy will be worked out to promote export-oriented industry, thus boosting competitiveness of the local economy in the world market,” the Minister concluded. 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. |