Armenian government pay little attention to production of domestic goodsSeptember 22, 2009 - 16:26 AMT PanARMENIAN.Net - The Armenia's government has paid little attention to promoting local production over the last 7-8 years, Vazgen Safaryan , chairman of the Union of domestic producers said. "A lot of time was missed to raise local production to a proper level," he said. Over the past 7 years, according to Vazgen Safaryan, the Armenia's population has invested about 30 billion dollars in local production, AMD 15 billion products were sold in the local market. If the government pursued a policy of local production development, Armenia would have a well developed industry producing a large variety of goods instead of imports. "The Armenian-Turkish border would change government's economic policy towards promoting local production," Mr. Safaryan said. 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 Security Council chief traveling to Qatar Secretary of the Security Council of Armenia Armen Grigoryan will travel on a working visit to Qatar. Pillars installed in Armenian border village of Kirants In the Armenian village of Kirants, three border markers have been installed, and border guards stand next to them. Armenian Foreign Minister regrets “tragic loss” of Iranian counterpart The Armenian Foreign Ministry has expressed shock over the death of the Iranian President and the Minister of Foreign Affairs. Armenian PM sends condolences to Iran Prime Minister Nikol Pashinyan sent a message of condolence to the Supreme Leader Seyyed Ali Khamenei. |