Armenia, Austria to boost economic cooperationJune 25, 2010 - 16:00 AMT PanARMENIAN.Net - Armenian Prime Minister Tigran Sargsyan met with Austrian Foreign Minister Michael Spindelegger, the RA government’s press service reported. The Prime Minister hailed the current level of the Armenian-Austrian political relations, attaching importance to boosting of bilateral economic ties. For his part, Mr. Spindelegger noted that Austria is interested in developing cooperation with the South Caucasian countries. Referring to Armenia-EU cooperation, PM Sargsyan stressed the importance of Eastern Partnership initiative as a part of European Neighborhood Policy. The two men also attached importance to signing of association and free trade agreements. In addition, they noted the necessity to create favorable conditions for investment industry. 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 | 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." 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. Family of Ilham Aliyev’s security chief owns vast property in UK As head of security for Azerbaijan’s president, Eyyubov is closely trusted by one of the world’s most authoritarian leaders. Armenian army holding strategic command, staff drills Live firing will be carried out using automatic control systems and modern equipment. |