Economy Minister: agricultural processing industry promising for ArmeniaMarch 28, 2012 - 16:26 AMT PanARMENIAN.Net - The Armenian Minister of Economy Tigran Davtyan deems agricultural processing industry quite promising for the country’s economy. “Here we apply our comparative advantage. Armenian natural juices and concentrates enjoy popularity in the CIS and European markets,” he said during a visit to Euroterm CJSC (NOYAN brand) in Armenia’s Armavir province on March 28. In this context, the Minister stressed the need for the government to make efforts aimed at expanding the outlet and boosting production volume, with all “the conditions present for that.” The Company plans to construct a new fruits and vegetables processing plant, which is set to annually produce 7.5 thous. tons of fruit and vegetable concentrates and to meet European standards due to the high-quality equipment, quality of the products and favorable working conditions. Euroterm CJSC is considered a leading Armenian enterprise in the field of processing of agricultural products and production of juice and nectar, that are exported to Russia, the U.S., Ukraine, France, Germany, Georgia, UAE and Iran. 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 | Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |