President: Armenia overcame crisis with minimum social damage May 26, 2011 - 13:38 AMT PanARMENIAN.Net - Armenian President Serzh Sargsyan said Armenia’s economy has a real opportunity to be among leading countries in the world by the paces of its development, despite negative external impacts, geopolitical location, blockade and social, economic and structural problems. “We have overcome the recent crisis with minimum social damage. Today we face new challenges, which we need to tackle to recover lost ground and solve a certain task – increase the development pace,” Sargsyan told the 4th congress of the Armenian Chamber of Commerce and Industry. The Armenian leader also referred to the initiatives offered by the Armenian government to improve the business environment and facilitate investment attractiveness. “The initiatives indicate that the government has intensified the program on business facilitation and business environment improvement in the republic,” Sargsyan 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 | 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. Aliyev travels to Turkey at Erdogan's invitation On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. CSTO budget “to be adjusted due to Yerevan’s non-payment of contributions” The CSTO budget for the current year requires adjustments due to the refusal of Yerevan to pay their share of contributions. Russia sends note of protest to Armenia over envoy’s trip to Ukraine’s Bucha Russia has sent a note of protest to Armenia over the visit of Vladimir Karapetyan and Tigran Ter-Margaryan to Bucha. |