30% pharmaceutical industry growth forecasted for Armenia in 2018February 27, 2018 - 11:00 AMT PanARMENIAN.Net - Armenia’s pharmaceutical industry growth will amount to 30% in 2018, minister of economic development and investments Suren Karayan said at a meeting with prime minister Karen Karapetyan on Monday, February 26. According to the minister, economic activity has so far grown by 10.72%, while industrial production increased by about 14%. The country’s service sector, meanwhile, grew 15.2% in January year-on-year, while the exports rose by 45.2% in the reporting period. Economic activity grew by 7,7% in 2017, trade turnover by 26,9%, while exports and imports expanded by 25,2% and 27,8%, respectively. 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 | 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. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |