EBRD hails Armenia’s economic policyMarch 7, 2012 - 15:49 AMT PanARMENIAN.Net - Armenian Prime Minster Tigran Sargsyan met with Managing Director of European Bank for Reconstruction and Development (EBRD) for Turkey, Eastern Europe, Caucasus and Central Asia. “I’m glad that our cooperation is expanding. We familiarized ourselves with EBRD new strategy. Our experts highly assess the document. We are pleased with bilateral cooperation,” Armenian governmental press service quoted the PM as saying. Olivier Descamps, in turn, noted that the bank’s investment programs in Armenia are aimed at boosting investment climate of the country. “Notable changes have been recorded in Armenia for the past 14 years. I congratulate you and your staff on handling the crisis. Armenia currently implements more cautious fiscal and economic policy,” he said. The parties discussed reforms in the fields of tax and customs, improvement of business climate, as well as issues related to backing the small and medium enterprises, export-oriented industrial policy developed by the government. 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 | Atom Egoyan film coming to Golden Apricot Yerevan Festival Canadian-Armenian filmmaker Atom Egoyan’s latest film, Seven Veils, is the opening film at GAIFF 2024. Armenia denies more of Azerbaijan’s ceasefire violations Yerevan has denied statements from Baku accusing the Armenian army of violating the ceasefire on the border with Azerbaijan. Israel warns of “serious consequences” after Armenia recognizes Palestine Dmitry Gendelman said the move will have “serious long-term consequences” for Israel-Armenia relations. French envoy travels to Armenia’s Syunik French ambassador to Armenia Olivier Decottignies visited the town of Goris in the country’s southern Syunik province. |