Sargsyan, ADB Vice President discuss investment programs in ArmeniaApril 11, 2011 - 15:26 AMT PanARMENIAN.Net - On April 11, Armenian President Serzh Sargsyan met with Vice President of the Asian Development Bank Xiaoyu Zhao. Mr. Sargsyan praised the ADB’s activity in Armenia and region as a whole, as well as thanked for the bank’s assistance to Armenia for mitigation of the global economic crisis consequences, the presidential press service reported. “Cooperation with ADB is aimed at securing sustainable economic growth and infrastructures development in Armenia,” said Sargsyan. The Armenian leader attached importance to key programs implemented through the assistance of ADB, as well as investment programs aimed at regional development. The parties also referred to the bank’s possible assistance in preparation of the program for North-South railroad construction, creation of infrastructures needed for agricultural products export, as well as aid to small and medium enterprises. 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 | Pashinyan travels to Iran to pay tribute to Raisi, others Prime Minister Nikol Pashinyan has left for the Islamic Republic of Iran on a working visit. Armenia-Qatar ties discussed in Doha The Secretary of Armenia’s Security Council met with the Deputy Secretary General of the National Security Council of Qatar. ARARAT special evening dedicated to Aznavour's 100th Anniv. On May 20 ARARAT legendary Armenian brandy, celebrated the centennial of Maestro Charles Aznavour with a special event. Surveying works underway in Armenia’s Kirants Surveying works are underway in the Armenian village of Kirants in the northern Tavush province. |