  Armenia most liberal CIS country for business  November 23, 2010 - 13:53 AMTPanARMENIAN.Net - Despite the global economic crisis, Ashtarak-based ARTFOOD cannery has implemented all projects planned. According to ARTFOOD President Sergo Karapetyan, Armenia did not suffer from crisis much, but certain recession was registered. “This year, ARTFOOD put into operation a new workshop for production of Amare natural juices. Over 2 million euro was invested for the purpose,” Karapetyan said. “We are trying to boost production volumes, although the year was not favorable for Armenian agriculture.” As to the laws operating in the country, he said they are liberal enough as compared to those of other CIS member countries. “Not laws but their executors are bad,” Karapetyan 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 |  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. |
