President welcomes Asian Development Bank’s activity in ArmeniaJuly 18, 2012 - 17:46 AMT PanARMENIAN.Net - Armenian President Serzh Sargsyan met with Asian Development Bank (ADB) delegation led by the vice-chairman Xiaoyu Zhao. President Sargsyan welcomed the bank’s activity in Armenia as well as the whole Asian region. The President expressed hope for the delegation’s visit to strengthen ties with Armenia, thus promoting its stable economic development. The vice-chair, in turn, expressed commitment to the bank’s activity in Armenia. As the bank’s official further noted, negotiations are in progress with Armenia’s government to attract international investors for construction of North-South road corridor, presidential press service reported. 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 | International cybercrime ringleaders arrested in Armenia, Ukraine Europol, Europe's crime agency, has arrested four ringleaders of several cybercrime networks that used botnets. Armenia skips CSTO Defense Ministers meeting A meeting of the Council of Defense Ministers of the Collective Security Treaty Organization countries began in Almaty. Armenian, Iranian foreigh policy chief talk over the phone The Foreign Minister of Armenia once again expressed condolences to his counterpart on the death of the President of Iran. Armenia, U.S. customs authorities to boost assistance with new deal The government has approved an agreement with the U.S. government on mutual assistance between the customs authorities. |