Armenia improves position in Armenia improves position in Global Competitiveness Index by 2 pointsOctober 17, 2018 - 18:22 AMT PanARMENIAN.Net - Armenia is 70th in the list of 140 countries in the rating of “Global Competitiveness Index 2018” published by World Economic Forum. Armenia hence improved its position by 2 points compared to 2017. The rating is formed based on 12 main standards in state institutions, infrastructures, macroeconomic indicators, healthcare, education, labour market, etc. Armenia made a progress in 11 directions from possible 12, regressing only in macroeconomic environment. In the rating Armenia continues to remain behind the neighbour countries, in particular from Azerbaijan which is 69th and Georgia- the 66th. USA is on top of the rating followed by Singapore, Germany, Switzerland and Japan. 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 | European Parliament to discuss repression in Azerbaijan The European Parliament will discuss repression of civil society in Azerbaijan on April 24 PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE. Cyprus parliament honors Armenian genocide victims Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide. Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed. |