Armenian Minister of Economy predicts investment growth May 6, 2011 - 12:56 AMT PanARMENIAN.Net - Armenian Minister of Economy Tigran Davtyan said that growth in investments is expected in Armenia in 2011. “Hopefully, the Armenia Diaspora will become more active when the global economic crisis is overcome, what will lead to increase in the volume of investments recorded prior to the crisis,” Davtyan told a press conference in Yerevan on May 6. According to the Minister, certain results will be seen by midyear, the more so as tens of investment programs are implemented throughout the country. Davtyan also attached importance to investment projects in small and medium enterprises (SME). H added that major part of new programs is implemented with SME. 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 | Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |