Economy Minister expect 10% industry growth by yearendJuly 17, 2012 - 15:57 AMT PanARMENIAN.Net - Economy Minister believes industry to have become a motive force in Armenia’s economy. As Tigran Davtyan said in the city of Charentsavan, Kotayk province, “Armenia has so far posted 15% industry growth in 2012, with over 10% total increase expected by yearend.” “Recent years’ industry development proves current economy to be more “logical” than the post-crisis one, with an evident upsurge in the industry and exports roles noted,” the minister said. 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 | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. 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. |