Industrial production in CIS reduce by 16 per cent over January-MayJuly 4, 2009 - 12:13 AMT PanARMENIAN.Net - Over January-May this year the industrial production in CIS countries fell by 16 per cent on average compared to the same period last year. The industrial growth of 1.3 per cent was recorded only in Azerbaijan against the same period last year, data the Interstate Statistical Committee of the Commonwealth reports. Other CIS countries experienced decline in the industrial production. Belarus was affected the least: over the five month the decrease reached 3.4 per cent. Industrial production in Kazakhstan fell by 4,6 per cent, in Armenia - by 10,5 per cent, in Tajikistan - 13 per cent. Russia's industry was affected most of all among other countries: the production drop reached 15.4 per cent. Kyrgyzstan' s industry reduced by 20.2 per cent, Moldova - by 25.3 per cent and Ukraine - by 31,9 per cent. 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 | 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. Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. 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. |