Armenia should pass law on restoration of industrial productionNovember 26, 2009 - 14:58 AMT PanARMENIAN.Net - Armenia's Local Manufacturers' Union head Vazgen Safaryan supposes that Armenian government must pass a law on restoration of industrial production. "The concept of the bill developed at RA Economy Ministry will be submitted to the Union's consideration," he told a news conference in Yerevan. Vazgen Safaryan also emphasized the necessity of formation of Ministry of Industrial Production to be in charge of industrial strategy development. "RA government's economy strategy should be altered to overcome the crisis within shortest terms," he 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 | Get Started: An educational platform for young startuppers The Get Started program which operates in two phases is an important platform for young startuppers. Byblos Bank Armenia celebrates Students' Day with scholarship recipients YSU students who received scholarships from Byblos Bank Armenia gathered in a casual setting to meet with the Bank's CEO, Hayk Stepanyan. Azerbaijan extends Rune Vardanyan’s arrest by 5 months A court in Azerbaijan has extended the arrest of former Nagorno-Karabakh leader Ruben Vardanyan by five months. Armenia border residents dissatisfied with delimitation Residents Kirants are dissatisfied with the results of the delimitation of the border between Armenia and Azerbaijan. |