Karabakh eyes double-digit economic growth in 2017June 5, 2017 - 13:19 AMT PanARMENIAN.Net - Nagorno Karabakh (Artsakh) prime minister Arayik Harutyunyan said he expects a double-digit economic growth for 2017 in the country. In a conversation with reporters, Harutyunyan said Karabakh registered a 9% growth in 2016 despite the Four-Day War in April last year. Azerbaijan on April 2, 2016 launched a large-scale military offensive against Karabakh, which left hundreds killed on both sides. Top Armenian and Azerbaijani officials reached an agreement on the cessation of hostilities on April 5 in Moscow. According to Harutyunyan, a lot of investors backed away from their plans due to the resumption of hostilities in April 2016. “We are expecting a 10% economic growth in 2017, as sufficient investments have been made in hydropower and mining sectors,” the PM said. Earlier, Harutyunyan said Karabakh is planning to produce 15-20 tons of black caviar annually under a corresponding business plan in Mataghis. Top stories Six total incidents have burned 19 old-growth trees. Friday night 8 trees were torched along the beautiful main entrance. The EU does not intend to conduct military exercises with Armenia, Lead Spokesperson for EU Foreign Affairs and Security Policy Peter Stano says. Hikmet Hajiyev has said that there is no place for USAID operation in Azerbaijan any longer. A telephone conversation between Putin and Pashinyan before the CSTO summit is not planned, Peskov says. Partner news | Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. 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. Armenia, Russia discuss life extension of Metsamor nuclear plant Issues regarding the extension of life of the 2nd power unit of the Armenian Nuclear Power Plant were discussed in Yerevan. |