Kuwaiti Finance Minister eyes Armenia’s investment field as favorableOctober 4, 2011 - 12:02 AMT PanARMENIAN.Net - Kuwaiti Finance Minister Mustafa Al Shimali rates Armenia’s investment field as favorable enough. As he told a joint press conference with his Armenian counterpart Tigran Davtyan in Yerevan on October 4, the delegation arrived in Armenia to examine investment opportunities in the country’s private sector. Mr. Al Shimali is also scheduled to meet with President Serzh Sargsyan, Prime Minister Tigran Sargsyan and other high-ranking officials. Besides, the first meeting of a bilateral intergovernmental commission will take place on October 5. For his part, Minister Davtyan said that a legal basis for cooperation has been already created. “Now it’s time to implement investment projects,” 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 | Mirzoyan says meeting with Bayramov was “constructive” At the moment, Ararat Mirzoyan said, there is no basis for additional comments. OSCE vows support for Armenia “in all three directions of security” Achieving stable peace between Armenia and Azerbaijan remains a priority of the OSCE, said Ian Borg. 151 detained as civil disobedience campaigns continue in Yerevan Citizens have been blocking streets in the Armenian capital, demanding Nikol Pashinyan’s resignation. France welcomes Armenia-Azerbaijan meeting in Almaty France has welcomed the new round of negotiations between the foreign ministers of Armenia and Azerbaijan. |