Gyumri will be home to a free economic zoneAugust 29, 2019 - 16:07 AMT PanARMENIAN.Net - The Eurasian Logistic Park is an upcoming free economic zone set to be built in the Armenian town of Gyumri in Shirak province. The government has already approved the project, citing the availability of logistics infrastructure, in particular the existence of an operating international airport, the North-South Road Corridor, the operating railway network. According to information posted on the future FEZ's website, the Eurasian Logistic Park will serve as an Air Logistic Hub of the entire Eurasian Economic Union. The major part of its cargo flow will be transported from Gyumri airport by air freight. The logistic park will be located on the two sides of the road leading from Gyumri to the village of Marmashen. 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 | 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. Macron says France commemorates 109th anniv. of Armenian genocide Today France commemorates the 109th anniversary of the Armenian genocide of 1915, Macron says. |