IFC to expand activity in ArmeniaAugust 26, 2010 - 16:18 AMT PanARMENIAN.Net - Armenian President Serzh Sargsyan met with Vice President and CEO of the International Finance Corporation (IFC), Mr. Lars Thunell. President Sargsyan hailed the IFC's expanded activity in the country and the willingness to help Armenia develop promising sectors of economy with assistance of international experts, the presidential press service reported. The Armenian President stressed the importance of IFC's consultative services, specifically, in banking, energy and mining fields, as well as for formation of a business environment and facilitation of administration system. He noted that international investments in certain business programs will be extremely useful. Referring to expansion of the IFC's activity and implementation of forthcoming programs, Mr. Thunell said, for his part, that their results will be observable in the near future. 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 | Seven injured in massive gas station explosion in Armenia The Investigative Committee of Armenia has unveiled details about a massive explosion at a gas station on the Yerevan-Sevan highway. Pashinyan’s spokesperson denies intention to visit Baku for COP29 Pashinyan’s agenda doesn’t include a trip to Baku for the COP29 conference, his press secretary Nazeli Baghdasaryan has said. Russia accuses West of preparing invasion of CSTO countries NATO is preparing an invasion of the CSTO countries, the number of provocations in the air is growing, Sergei Shoigu has said. Lithuania sending €100,000 to help Armenia fight floods consequences Armenian Prime Minister Nikol Pashinyan took to social media to thank his Lithuanian counterpart for the contribution. |