Armenia does not insure foreign investors against phylloxeraSeptember 23, 2011 - 14:58 AMT PanARMENIAN.Net - Existence of dangerous quarantine pests, phylloxera, destroying vast vineyards all over the world, hinder foreign investments in Armenia, according to chairman of the Union of Winemakers of Armenia. “Foreign investors are not assured that their vineyards in Ararat Valley, in Vayots Dzor province or somewhere else will not be infected with phylloxera,” Avag Harutyunyan told journalists in Yerevan on September 23. Here, Harutyunyan added that, on the one hand legislation bans investors from planting sorts of grapes resistant to phylloxera, but on the other hand there are no mechanisms of insurance. 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-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. Armenia calls for prohibiting threats of attacks on nuclear facilities Armenia has raised the need for a treaty prohibiting attacks on nuclear facilities devoted to peaceful purposes. |