Troika Dialog Group CEO urges Armenian entrepreneurs to believe in long-term projectsOctober 18, 2010 - 21:09 AMT PanARMENIAN.Net - Unable to plan in advance, Armenian businessmen never initiated long-term projects, restricting themselves with short-term initiatives like jewellery business, according to Troika Dialog Group CEO Gor Nahapetyan. “Corruption in Armenia prevents local entrepreneurs from believing in viability of long-term ambitious projects,” Nahapetyan said, characterising Tatev Revival Project as the first among ambitious initiatives. Dwelling on the idea of All Armenian Bank creation, at Troika Dialog Group CEO noted, “The All Armenian Bank is a financial instrument to promote a breakthrough in Armenian business.” 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 | U.S., Armenia sign customs deal According to Armenian customs data, U.S.-Armenian trade reached $670 million last year. Glendale mayor to visit Yerevan Asatryan last visited Armenia in December 2022-January 2023 as she helped establish a partnership between Armenia’s Opera House and Los Angeles Opera. Ucom’s fixed network launches in Nor Hachn City residents will be able to use fixed-line Internet, mobile communications and television in one package at more affordable prices. Ambassador summoned to Russia returns to Armenia Sergei Kopyrkin has returned to Yerevan more than two weeks after being recalled to Moscow for consultations. |