Turkey will be Armenia's trade partner like other countries of the regionNovember 3, 2009 - 12:58 AMT PanARMENIAN.Net - Turkey will be Armenia's trade partner like other countries of the region, deputy head of State Income Committee Armen Alaverdyan said. "So long as both Armenia and Turkey are WTO members, Armenia can't set any different customs of tax rules on Turkey. As to customs administration, we should carry out a great deal of work before opening checkpoints," he told a news conference on November 3. Commenting on fears that Turkish goods will flood Armenian market, Alaverdyan said the local market will admit as many goods as it can. "If goods are too many prices will fall, as result," he said. Alaverdyan also informed that the budget was replenished with AMD 427,9 billion. "Returns decreased by 16% due to the economic crisis," 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. |