Armenia most liberal CIS country for businessNovember 23, 2010 - 13:53 AMT PanARMENIAN.Net - Despite the global economic crisis, Ashtarak-based ARTFOOD cannery has implemented all projects planned. According to ARTFOOD President Sergo Karapetyan, Armenia did not suffer from crisis much, but certain recession was registered. “This year, ARTFOOD put into operation a new workshop for production of Amare natural juices. Over 2 million euro was invested for the purpose,” Karapetyan said. “We are trying to boost production volumes, although the year was not favorable for Armenian agriculture.” As to the laws operating in the country, he said they are liberal enough as compared to those of other CIS member countries. “Not laws but their executors are bad,” Karapetyan said. 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 | 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. Armenia parliament to consider draft proposal on impeachment June 17 The Armenian Parliament will hold an extraordinary session on June 17 to consider a draft proposal on the resignation of the government. Armenia to send Deputy Foreign Minister to Berlin’s Ukraine Recovery Conference Georgia will attend the forum at the level of Prime Minister, Foreign Minister, while Azerbaijan will send their Foreign Minister. About 173 million drams and more than 30 beneficiary funds. "The Power of One Dram" is 4 years old In June 2020, the exclusive joint corporate social responsibility initiative of Idram and IDBank "The Power of One Dram" was launched. |