  Creation of two free trade zones in Armenia to start in 2011  February 12, 2011 - 13:50 AMTPanARMENIAN.Net - Creation of two free trade zones in Armenia will start in 2011. “The government has already approved a relevant legislative initiative, which is submitted to the parliament,” Economy Minister Tigran Davtyan said. According to him, the zones will be located in Mars plant and Zvartnots Airport. “Works will kick off in summer or autumn. Besides, the technopark in Gyumri may host free IT trade zone. Investments will be private while the government will create favorable conditions.” The initiative supposes increase in job opportunities and export-bound high-quality production.   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 Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
