Armenia-Italy product turnover comprised USD 127 mil. in 2010May 10, 2011 - 17:10 AMT PanARMENIAN.Net - A delegation from Friuli–Venezia Giulia Italian region is currently visiting Armenia on the invitation of the Armenian Prime Minister to find new ways for implementation of joint Armenia-Italy programs.At news conference in Yerevan, the chairman of the Union of Manufacturers and Entrepreneurs Arsen Ghazaryan gave high assessment to Armenia-Italy economic and cultural relations. In 2010, Armenia-Italy product turnover comprised USD 127 million with the majority of the sum constituted by Italian products' import to Armenia; export from Armenia to Italy yielded USD 7 million provided by processing industry and agriculture. Mr. Ghazaryan characterized tourism, hydropower engineering, banking sector, ceramics, sanitary engineering, dentistry as prospective spheres on bilateral cooperation. At present, 50 Armenian-Italian enterprises are operating on the territory of Armenia. 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 | 17 bridges collapse as a result of floods in Armenia As a result of floods in Armenia’s northern Lori and Tavush provinces, 17 bridges, including five large ones, have collapsed. Armenia: Top cleric to retain title as he bids to become interim PM Galstanyan said earlier that the interim government would be tasked with stopping the “destruction of our homeland”. Ex-mayor of Karabakh capital arrested in Yerevan Ex-mayor of the Nagorno-Karabakh city of Stepanakert David Sargsyan has been arrested for 20 days. 269 people evacuated amid severe floods in Armenia’s north According to the Interior Ministry, 269 people have been evacuated from their homes in Lori and Tavush provinces. |