  Armenia to build new village for first time as independent republic August 27, 2020 - 18:08 AMT PanARMENIAN.Net - A new settlement will be established in Armenia for the first time since declaring independence, Deputy Minister of Territorial Administration and Infrastructure Vache Terteryan told a Cabinet meeting on Thursday, August 27. Jradzor community in the province of Shirak will be resettled to pave the way will for the construction of Kaps Reservoir, Terteryan said. The construction of the reservoir was halted after the devastating earthquake of 1988 and was revived in 2014, when a €60 million deal was signed within an Armenian-German financial cooperation. According to Prime Minister Nikol Pashinyan, the construction of the reservoir creates opportunities for private investment in the future. "It will be the first time in the history of the third republic that we create a settlement from scratch. We are building a village," Pashinyan told Ministers on Thursday. "This program is important not only for the people of Jradzor, but also in terms of our perception of a 21st century Armenian village."   Top stories Armenia's international reserves amounted to $3.5 billion, according to a report from the country's Central Bank. Trade between Armenian and Iranian increased by 43.5% in the first 10 months of 2022, rising from $390 million to around $560 million. There’s a growing demand for Armenian sprits in Russia amid Western sanctions on the supply of alcohol to the country. Vahan Kerobyan said Armenia will most probably introduce a ban on the sale of Turkish products as well.   Partner news |  Latest news RankingRoyals: Yerevan ranked 21st in fresh safety report  The Armenian capital of Yerevan has landed in the 21 spot of RankingRoyals’ latest edition of a report on the safest cities around the world.Seryozha Barseghyan wins Youth World Weightlifting Championships gold Armenian lifter Seryozha Barseghyan won gold at the 2023 Youth World Weightlifting Championships on Monday, March 27.U.S. says concerned about Azerbaijani military movements Assistant Secretary of State for European and Eurasian Affairs Karen Donfried spoke with Azerbaijani Foreign Minister Jeyhun Bayramov.Biden reaffirms support for sustainable Armenia-Azerbaijan peace The United States reaffirms support for a sustainable peace between Azerbaijan and Armenia, Joe Biden has said to Ilham Aliyev. |
