 IMF: Regional integration will provide economic growth in ArmeniaOctober 12, 2009 - 17:52 AMT PanARMENIAN.Net - Regional integration will provide economic growth in regional states, IMF Executive Director Ambroise Fayolle stated, commenting on possible consequences Armenia will face with RA-Turkish border opening. ''IMF experience in other regions proves opening of border and regional integration promote economic development in the country," he said.Still, Ambroise Fayolle fount it difficult to provide exact forecasts over consequences of opening border with Turkey for lack of research data on he issue.   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 |  Related sections Latest 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. |
