Washington Consensus stipulations - main impediments on the way to industry development in ArmeniaDecember 23, 2010 - 19:13 AMT PanARMENIAN.Net - Washington Consensus stipulations recommending against interference in the development of neighboring states’ industry are main impediments on the way to industry development in Armenia, according to the head of the Armenian Union of Local Manufacturers Vazgen Safaryan. “As of today, 1,5 million people are out of the country. Unless the situation is changed, the industry volume will suffer a dramatic slump, resulting in Armenia’s inability to provide adequate jobs and salaries to its residents,” he told a news conference in Yerevan. “Development of effective industry is impossible without governmental assistance,” Safaryan concluded. 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 Celebrates Telecommunication Day May 17 commemorates the founding of the International Telecommunication Union on May 17, 1865. Armenian, Azerbaijani heads of parliament meet in Switzerland President of the Armenian parliament Alen Simonyan met with the Speaker of the Azerbaijani Milli Majlis Sahiba Gafarova. Border residents overnight on highway to protest Armenia’s Residents of Kirants continue to express outrage over the government’s decision to cede land to Azerbaijan. Get Started: An educational platform for young startuppers The Get Started program which operates in two phases is an important platform for young startuppers. |