  Indian company ready to invest €20 mln in Armenia biodiesel plant September 28, 2016 - 17:43 AMT PanARMENIAN.Net - An Indian company is ready to invest about 20 million euros in the construction of a biodiesel production plant in Armenia, Andranik Aleksanyan, the director of the Yerevan Chamber of Commerce said Wednesday, September 28, ARKA reports. "If an agreement is reached, the project will be implemented as soon as possible," he said. Also Wednesday, a delegation from India's Federation of Chambers of Commerce that is visiting Armenia September 28-30 signed an agreement with the Commerce and Industry Chamber of Armenia to deepen cooperation. The delegation consists of heads of 11 Indian companies representing such sectors as agriculture, food processing, construction and hotel business. "According to preliminary discussions, they are ready to make major investments in Armenia. Our country is interesting for Indian businesses as a country which is a member of the Eurasian Economic Union", Aleksanyan said.  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 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.U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel.Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide.Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |
