  Armenia requests USD 100 million from Russia for diamond processing sphere developmentDecember 25, 2009 - 20:20 AMT PanARMENIAN.Net - Armenia addressed Russia with a request to provide additional funding of USD 100 million to be fully directed at diamond processing sphere development, Armenian Prime Minister Tigran Sargsyan told a news conference in Yerevan. As he told a news conference in Yerevan, negotiations are being conducted with Alrosa Russian company. Positive negotiation results will allow to create necessary development conditions and provide Armenian companies with Russian raw material. Yet, basic credit load will be shifted on private sector, whose representatives are participating in credit attraction negotiations, the Premier added.   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 |  Related sections Latest 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. |
