Expert: ruble will be Eurasia’s common currency by 2016November 24, 2011 - 14:30 AMT PanARMENIAN.Net - Armenia’s membership in the Eurasian Union may contribute to Nagorno Karabakh conflict settlement, head of the Armenian Union of Local Manufacturers said. According to Vazgen Safaryan, this implies establishment of a new institution to boost effectiveness of labor force and resource exchange. Safaryan believes that ruble will be the common currency in Eurasia by 2016, given the fact that it is called “energy ruble”. Besides, according to him, Eurasian Union membership will not hinder Armenia’s European integration. 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 | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |