Lebanese investors seek to produce household appliances in ArmeniaNovember 10, 2017 - 13:18 AMT PanARMENIAN.Net - Lebanese investors are interested in the production of household appliances in Armenia. The issue was discussed at a meeting of minister of economic development and investments Suren Karayan and AC Holding representatives. The process of the acquisition of area has come to an end, one of the representatives said, adding that the company is at the same time completing the feasibility study. According to Karayan, the Armenian government is ready to support the implementation of the project and is always keeping investment programs in the center of its attention. At the meeting, the sides discussed the benefits that the state aid toolkit offers to investors, as well as other opportunities. 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 | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. 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. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |