Armenia, Ekotekhprom agree on $285-340 mln investment programNovember 30, 2018 - 14:22 AMT PanARMENIAN.Net - Acting Armenian Prime Minister, leader of Im Kayl (My Step) alliance Nikol Pashinyan told supporters that the government signed a memorandum on a $285-340 million investment program with Ekotekhprom on Friday, November 30. Pashinyan said a 100 hectare industrial complex with 1,100-1200 jobs will be created by the Russian company for the production of baking soda, technical salt and glass. According to the acting PM, the complex will be launched in 2020. Pashinyan added that other investment projects are in the works too, having earlier revealed that discussions on programs with $600 million are currently ongoing. 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 | Russia clarifying reports on Baku’s alleged arms supply to Ukraine Russia says is carefully working to verify reports about alleged arms supplies from Azerbaijan to Ukraine Russia warns Armenia against “falling into West’s trap” Zakharova maintained, however, that anything that will benefit the people of Armenia can only be welcomed. CSTO: Armenia has not participated in secretariat’s work recently Recently Armenia has not participated in the work of the secretariat of the CSTO, Imangali Tasmagambetov said. Meeting with U.S., EU not against third parties, says Armenia The meeting scheduled for April 5 is dedicated to strengthening of the Armenia-EU-US cooperation, Yerevan added. |