  Armenia to speed up free trade zones formation in 2012 December 27, 2011 - 13:52 AMT PanARMENIAN.Net - Under the law on free economic zones adopted in 2011, work on preparation of activity order has been carried out. As Armenian Economy Minister Tigran Davtyan told a press conference on December 27, a formal application from Sitronics JSC has already been received to permit free economic zone organization in Mars plant in early 2012. “2012 envisages active steps regarding formation of free trade zone in Armenia,” Minister Davtyan said. In this context, Economy Minister noted that free trade zone will operate in Zvartnots Airport.   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 |  Latest news Armenia border residents dissatisfied with delimitation  Residents Kirants are dissatisfied with the results of the delimitation of the border between Armenia and Azerbaijan.“Great success”: Pashinyan pleased with new border protocol Pashinyan has described the signing by Armenia and Azerbaijan of a protocol on delimitation in Tavush as “a great success”.Armenia, Azerbaijan sign protocol on demarcation coordinates Armenia’s government took on May 15 another step towards handing over four border areas to Azerbaijan.U.S. warns Georgia not to side with Moscow against the west Georgia has been warned by the U.S. not to become an adversary of the west by falling back in line with Moscow. |
