Sargsyan, ADB Vice President discuss investment programs in ArmeniaApril 11, 2011 - 15:26 AMT PanARMENIAN.Net - On April 11, Armenian President Serzh Sargsyan met with Vice President of the Asian Development Bank Xiaoyu Zhao. Mr. Sargsyan praised the ADB’s activity in Armenia and region as a whole, as well as thanked for the bank’s assistance to Armenia for mitigation of the global economic crisis consequences, the presidential press service reported. “Cooperation with ADB is aimed at securing sustainable economic growth and infrastructures development in Armenia,” said Sargsyan. The Armenian leader attached importance to key programs implemented through the assistance of ADB, as well as investment programs aimed at regional development. The parties also referred to the bank’s possible assistance in preparation of the program for North-South railroad construction, creation of infrastructures needed for agricultural products export, as well as aid to small and medium enterprises. 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 | 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. Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. |