  Charles Lonsdale: Armenia should create transparent arbitration system September 22, 2010 - 12:38 AMT PanARMENIAN.Net - One of the best ways to improve business environment is the refinement of mechanisms of dispute settlement and creation of transparent arbitration system, UK Ambassador to Armenia said. “We stand ready to assist Armenia in this issue,” Ambassador Charles Lonsdale said during a workshop on “Developing Commercial Arbitration in Armenia” organized by Grigoryan & Partners Law Firm and the British Institute of International and Comparative Law in the framework of “Strengthening Arbitration Services: Technical Assistance Project” financed by the World Bank. For his part, Armenian Justice Minister Gevorg Danielyan said the country has already taken measures to improve commercial arbitration legislation and there is still much to be done.   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 Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
