  Int’l expert hails Armenian investment market development prospects April 22, 2013 - 21:03 AMT PanARMENIAN.Net - In terms of investment, Armenian market can be classified as a developing one, with a growth tendency noted in certain sectors, an international expert, Independent Member of the Ameriabank Board of Directors Robert von Rekowsky said. At an April 22 news conference, the expert expressed hope for Armenia’s potential for further development. Dwelling on the implementation of the corporate management system, the expert noted that the latter will appear as soon as a demand for additional financing arises. According to the expert, the accumulative pension system, which is currently being implemented, will promote the development of capital market in Armenia. In conclusion, the expert advised following the example of countries which succeeded in the reforms above: Chile, Poland and Russia.   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. |
