Expert: ruble will be Eurasia’s common currency by 2016November 24, 2011 - 14:30 AMT PanARMENIAN.Net - Armenia’s membership in the Eurasian Union may contribute to Nagorno Karabakh conflict settlement, head of the Armenian Union of Local Manufacturers said. According to Vazgen Safaryan, this implies establishment of a new institution to boost effectiveness of labor force and resource exchange. Safaryan believes that ruble will be the common currency in Eurasia by 2016, given the fact that it is called “energy ruble”. Besides, according to him, Eurasian Union membership will not hinder Armenia’s European integration. 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. |