Indian company ready to invest €20 mln in Armenia biodiesel plantSeptember 28, 2016 - 17:43 AMT PanARMENIAN.Net - An Indian company is ready to invest about 20 million euros in the construction of a biodiesel production plant in Armenia, Andranik Aleksanyan, the director of the Yerevan Chamber of Commerce said Wednesday, September 28, ARKA reports. "If an agreement is reached, the project will be implemented as soon as possible," he said. Also Wednesday, a delegation from India's Federation of Chambers of Commerce that is visiting Armenia September 28-30 signed an agreement with the Commerce and Industry Chamber of Armenia to deepen cooperation. The delegation consists of heads of 11 Indian companies representing such sectors as agriculture, food processing, construction and hotel business. "According to preliminary discussions, they are ready to make major investments in Armenia. Our country is interesting for Indian businesses as a country which is a member of the Eurasian Economic Union", Aleksanyan 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. |