Recent events to affect Armenia’s tourist sector: economistAugust 2, 2016 - 15:56 AMT PanARMENIAN.Net - The recent events in Armenia’s capital will affect the tourist industry, economist Gagik Makaryan told reporters on Tuesday, August 2, according to Tert.am. Armenia’s rankings were recently increased due to the Pope’s visit and recognition of the Genocide. However, now that the events have been labeled “terrorism,” no longer a secure country for tourists, the economist said. As regards foreign investments, Makaryan said that investment agreements in the energy sector have not been cancelled. So the recent events will not affect foreign investments in Armenia’s economy. Russian Armenians will not discontinue their investment programs either because they are well informed of the situation in Armenia, he noted. Diaspora Armenians will continue visiting Armenia to get acquainted with the situation. “Migration will increase,” Makaryan said. “The reason is that large sections of Armenia’s population will be disappointed.” A 4%-5% economic growth was forecast, yet the recent event may bring about changes in the forecasts; still, 2% economic growth could be expected. “Steady growth is expected. It can be seen now as well. However, the authorities’ behavior after the events and their dealings with those detained will play their role.” 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 | Macron honors Charles Aznavour on 100th anniversary French President Emmanuel Macron has paid tribute to the memory of French-Armenian crooner Charles Aznavour. Erdogan’s approval rating falls below 40 percent: survey A total of 53.4 percent of respondents said they disapprove of the performance of Erdoğan. Blinken says U.S. reviewing a number of aid requests from Armenia He said the U.S. is reviewing the requests to determine what more it can do to increase its assistance to Armenia. At least 2 CSTO members participated in preparing 44-day war against Armenia – PM Nikol Pashinyan has declared that at least two CSTO member countries participated in preparations for the 44-day war against Armenia. |