Armenia will soon start producing gold barsJune 19, 2019 - 15:58 AMT PanARMENIAN.Net - Chairman of the Central Bank Artur Javadyan said Wednesday, June 19 that Armenia will soon start producing gold bars. Addressing a government meeting Wednesday, Javadyan revealed that a factory will be established, and that all the equipment has already been purchased. “We are working with a prestigious Swiss company. A factory will open to enable our gold producers to export 80-90% bars,” the head of the Central Bank said. “We will also get to buy gold in our national currency, as foreign currency poses risks.” 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 | Russia provides info about arrested Armenian ex-MP Russian law enforcement agencies have provided information about the arrest of Tigran Urikhanyan. Lemkin Institue slams Pashinyan's “cryptic engagement with Genocide denial” The Lemkin Institute is alarmed over Pashinyan’s statements “questioning Armenia's legal basis to pursue justice against Turkey”. 41 detained as antigovernment protests continue in Yerevan 41 people were detained in Yerevan as people demanding Pashinian’s resignation stage campaigns of civil disobedience. Armenia votes for UN resolution granting Palestine new rights The U.N. General Assembly voted by a wide margin on May 10 to grant new “rights and privileges” to Palestine. |