  No foreign investment prospects in Armenia – Oskanian October 15, 2012 - 15:39 AMT PanARMENIAN.Net - Ex-Foreign Minister, Prosperous Armenia party member Vartan Oskanian commented on a sharp drop in foreign investments in Armenia. “In Q1, 2012, a 40% drop in direct investments was posted, with Q3 plunge totaling 60%,” Oskanian said in his Facebook post. As Oskanian further noted, presidential elections in Armenia should be used to draw attention to urgent issues in the country. According to him, Armenia’s belief in future and prospects are not fostered by the country’s authorities. “General uncertainty, currency fluctuations, unsatisfactory legal field as well as Azeri threats of a new war in Nagorno Karabakh seriously hamper investments,” Oskanian said urging to consider facts rather than macroeconomic data.   Top stories The Cabinet of Ministers decided on Thursday, November 9 to allocated AMD 120 million to arrange the gathering. Michael Roth believes sanctions must be put on the table after Baku‘s ethnic cleansing in Nagorno-Karabakh. The Yerevan City Council has elected Tigran Avniyan from the ruling Civil Contract as the mayor of the Armenian capital. The Armenian Parliament on Tuesday, October 3 voted to ratify the Rome Statute of the International Criminal Court.   Partner news |  Latest news The Power of One Dram to benefit Road of Life charity  The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization.Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia.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.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. |
