Iran sanctions may negatively affect Armenian production![]() November 6, 2012 - 15:09 AMT PanARMENIAN.Net - Iran has halted the export of about 52 products, resulting in suspension of polymeric raw material supply to Armenia for the past two weeks, which may have negative consequences for the country’s agriculture sector and processing industry. Meanwhile, organizing the export of these products from other countries will take about 30-40 days, which may result in price rise. The Union of Manufacturers and Businessmen (Employers) of Armenia (UMB(E)A) addressed Prime Minster Tigran Sargsyan with a request to help solve the problem. ![]() ![]() 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 | ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |