Armenian ex-Prime minister: Turkey fears Armenia's impact on underdeveloped eastern provinces of countryMarch 19, 2010 - 16:49 AMT PanARMENIAN.Net - Opening of the Armenia-Turkey border will have a positive impact on Armenia's economy, former Prime Minister of Armenia Hrant Bagratyan said. "If the border opens the trade between Armenia and Turkey will grow from USD 150 million to USD 1 billion," he said. Mr. Bagratyan expressed doubts that in the near future the border will open."In any case Turkey will link this process to the Karabakh conflict," he said. Besides, according to Mr. Bagratyan, Turkey fears Armenia's intensified impact on underdeveloped eastern provinces of the country. 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 | Court in Azerbaijan extends former Karabakh leader’s arrest by 5 months The Binagadi District Court in Azerbaijan has granted the prosecutor’s petition to extend the arrest of Arkady Ghukasyan. Ucom General Director joins High-Tech Development Panel Discussion The discussion was titled "The Role of International Corporations and Investors as Catalysts for Development of High-Tech Ecosystem." U.S. still believes “peace is possible” between Armenia, Azerbaijan The United States continues to believe that peace is possible between Armenia and Azerbaijan, Vedant Patel says. Dozens detained as antigovernment protest continue in Armenia At least 63 people demanding Prime Minister Nikol Pashinyan’s resignation were detained on May 14 as they blocked streets in Yerevan. |