Armenian government cooperates with international organizations to mitigate the impact of crisisJuly 7, 2009 - 19:11 AMT PanARMENIAN.Net - RA Prime Minister Tigran Sargsyan today participated in the opening of a three-day international forum "Impact of the Global Financial Crisis on Armenia: Short and Long-run Perspectives.". Forum was organized by the Group of the Armenian International Policy Research Group". Welcoming the participants of the forum, Tigran Sargsyan dwelled on the process of turning Armenia into an open economic system. The Prime Minister briefly introduced the essence of anti-crisis policy of the government and steps projected for the near future. He noted that the economic downturn of the past five months was caused by the sharp reduction of construction volumes in the country. The downturn can still continue, he stressed, and improvements can be expected by the end of this year. 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 | Armenia border residents dissatisfied with delimitation Residents Kirants are dissatisfied with the results of the delimitation of the border between Armenia and Azerbaijan. “Great success”: Pashinyan pleased with new border protocol Pashinyan has described the signing by Armenia and Azerbaijan of a protocol on delimitation in Tavush as “a great success”. Armenia, Azerbaijan sign protocol on demarcation coordinates Armenia’s government took on May 15 another step towards handing over four border areas to Azerbaijan. U.S. warns Georgia not to side with Moscow against the west Georgia has been warned by the U.S. not to become an adversary of the west by falling back in line with Moscow. |