Production of home appliances will be launched in ArmeniaNovember 20, 2018 - 14:00 AMT PanARMENIAN.Net - Production of home appliances will be launched in Armenia, acting Prime Minister Nikol Pashinyan told a press conference on Tuesday, November 20. According to him, the government will not strive to secure a growth of economic indicators based on a the previous model of growth rates of mining or bookmaking industries. Pashinyan said the new approach explains the slowing or declining trends in Armenia’s economic activity. The acting PM revealed that structural changes are coming to the country’s government, adding that mining, agriculture and the bookmaking industry are today’s economic pillars. He said the sugar factory in the Armenian town of Sevan will be relaunched, something he said was impossible to imagine several months ago. Also, Pashinyan said Armenia will start producing home appliances but failed to provide more details. 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 | European Parliament to discuss repression in Azerbaijan The European Parliament will discuss repression of civil society in Azerbaijan on April 24 PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE. Cyprus parliament honors Armenian genocide victims Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide. Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed. |