Competition problems acute before the New Year’s eveDecember 28, 2010 - 11:46 AMT PanARMENIAN.Net - To improve competition in Armenia, the State Commission for Protection of Economic Competition (SCPEC) has worked out a 3-year program while the government approved the bill on introduction of amendments to the law on economic competition. Competition problems are acute before the New Year’s eve, when prices are unreasonably inflated. Nevertheless, there is a slight hope that the measures taken by the SCPEC will produce result in 2011. SCPEC chairman Artak Shaboyan will welcome in the New Year together with his spouse and children, the youngest of whom was born several days ago. 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 | Court in Azerbaijan extends former Karabakh leader’s arrest by 5 months The Binagadi District Court in Azerbaijan has granted the prosecutor’s petition to extend the arrest of Arkady Ghukasyan. Ucom General Director joins High-Tech Development Panel Discussion The discussion was titled "The Role of International Corporations and Investors as Catalysts for Development of High-Tech Ecosystem." U.S. still believes “peace is possible” between Armenia, Azerbaijan The United States continues to believe that peace is possible between Armenia and Azerbaijan, Vedant Patel says. Dozens detained as antigovernment protest continue in Armenia At least 63 people demanding Prime Minister Nikol Pashinyan’s resignation were detained on May 14 as they blocked streets in Yerevan. |