Armenia improves position in Armenia improves position in Global Competitiveness Index by 2 pointsOctober 17, 2018 - 18:22 AMT PanARMENIAN.Net - Armenia is 70th in the list of 140 countries in the rating of “Global Competitiveness Index 2018” published by World Economic Forum. Armenia hence improved its position by 2 points compared to 2017. The rating is formed based on 12 main standards in state institutions, infrastructures, macroeconomic indicators, healthcare, education, labour market, etc. Armenia made a progress in 11 directions from possible 12, regressing only in macroeconomic environment. In the rating Armenia continues to remain behind the neighbour countries, in particular from Azerbaijan which is 69th and Georgia- the 66th. USA is on top of the rating followed by Singapore, Germany, Switzerland and Japan. 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. |