Kuwaiti Finance Minister eyes Armenia’s investment field as favorableOctober 4, 2011 - 12:02 AMT PanARMENIAN.Net - Kuwaiti Finance Minister Mustafa Al Shimali rates Armenia’s investment field as favorable enough. As he told a joint press conference with his Armenian counterpart Tigran Davtyan in Yerevan on October 4, the delegation arrived in Armenia to examine investment opportunities in the country’s private sector. Mr. Al Shimali is also scheduled to meet with President Serzh Sargsyan, Prime Minister Tigran Sargsyan and other high-ranking officials. Besides, the first meeting of a bilateral intergovernmental commission will take place on October 5. For his part, Minister Davtyan said that a legal basis for cooperation has been already created. “Now it’s time to implement investment projects,” he 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 | International cybercrime ringleaders arrested in Armenia, Ukraine Europol, Europe's crime agency, has arrested four ringleaders of several cybercrime networks that used botnets. Armenia skips CSTO Defense Ministers meeting A meeting of the Council of Defense Ministers of the Collective Security Treaty Organization countries began in Almaty. Armenian, Iranian foreigh policy chief talk over the phone The Foreign Minister of Armenia once again expressed condolences to his counterpart on the death of the President of Iran. Armenia, U.S. customs authorities to boost assistance with new deal The government has approved an agreement with the U.S. government on mutual assistance between the customs authorities. |