Economist: Armenia may benefit from world debt crisisJanuary 27, 2012 - 14:25 AMT PanARMENIAN.Net - Armenia may benefit from current world debt crisis, according to an Armenian economist. “2012 may see major progress due to implementation of proper economic policy,” Tatul Manaseryan said. Dwelling on plans for 2012, the economist stressed the need to boost Armenia’s competitiveness in foreign markets. Mr. Manaseryan further attached importance to developing export-oriented competitive local product, with government promoting the production. The economist also gave positive assessment to government’s steps to assist small and medium enterprises (SMEs), whilst underscoring the need to shape targeted policies and fight monopolies to ensure economic growth and development of SMEs. 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 | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |