EU, Japan to discuss free trade pact despite summit delayMarch 25, 2013 - 09:10 AMT PanARMENIAN.Net - Japan's Prime Minister will discuss a possible free trade pact with the European Union even as a planned summit in Tokyo to launch the negotiations gets postponed because of the financial crisis in Cyprus, The Associated Press reports. Chief government spokesman Yoshihide Suga said Monday, March 25, Prime Minister Shinzo Abe will talk by phone with European Council President Herman Van Rompuy about the negotiations as well as about Cyprus late Monday. His visit to Tokyo was canceled over the weekend. Cyprus later secured an agreement that paves the way for a 10 billion euro ($13 billion) bailout. European Trade Commissioner Karel De Gucht is in Tokyo and meeting with Japanese government and business officials as scheduled. Earlier this month, Japan said it will join talks on a Pacific trade pact, the U.S.-led Trans-Pacific Partnership. 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 | Concept to complete Yerevan Cascade discussed at city hall A conceptual proposal to complete the Cascade complex in downtown Yerevan has been presented by Jean-Michel Wilmotte. Pashinyan visits flood-hit region Armenian Prime Minister Nikol Pashinyan on Saturday, June 8 visited the disaster area in the Lori province. €3.5 mln EU grant to support justice reforms in Armenia The European Union has paid €3.5 mln grant to Armenia within a €11mln program on Support to Justice Reforms. Yerevan reacts to Baku’s proposal to see Minsk Group abolition Alen Simonyan has declared that Armenia is taking steps aimed at concluding a peace treaty with Azerbaijan. |