Armenia's Economic Pulse

[londontsi]

Re: Armenia's Economic Pulse

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[Haykakan]

Re: Armenia's Economic Pulse

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For those that do not understand Armenian.
Vedi Water Reservoir construction launched in Armenia


YEREVAN, March 29. /ARKA/. Serzh Sargsyan, Armenian president, traveled Tuesday to the country’s Ararat province to attend the ceremony of laying a foundation for Vedi Water Reservoir.x

The officials who were present at the ceremony expressed hope that the beginning of the construction of the first water reservoir since Armenia became independent in 1991 will lay groundwork for development of the sector and that results will be seen three or four years later. x

Specialists say 29.4 million cubic meters of water can be kept in this reservoir. The reservoir will be filled from Vedi and Khosrov rivers. Two levees are planned to be built here.

The program implementation is estimated to cost €90 million. The financial resources will come from the French Development Agency with the Armenian government co-financing.

The water reservoir will ensure irrigation of 7,500 hectares of land in Ararat Valley and will also contribute to restoration of environmental balance in Lake Sevan. xx

The water reservoir has been designed by France’s ARTELIA EAU & ENVIRONMENT and Belgium’s SHER Ingenieurs-Conseils in cooperation with Jrtuk LLC. The builders of the water reservoir are Armenia’s Sahakyanshin and Iran’s Pega Construction. The construction of the levees and supporting infrastructures was launched in March 2017 and is expected to be completed in March 2021.x

Sargsyan was informed that some 250 new jobs with an average salary of 220,000 or 250,000 ($455-517) will be created here.

The foundation-laying ceremony was also attended by Vachge Gabrielyan, minister of international economic integration and reforms, as well as the provincial governor, the head of the Water Committee, the French and Iranian ambassadors, the head of the French Development Agency’s office for the South Caucasus, and other officials. --0-

http://arka.am/en/news/business/vedi_water_reservoir_construction_launched_in_armenia/

[londontsi]

Re: Armenia's Economic Pulse

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[HyeSocialist]

Re: Armenia's Economic Pulse

Yeah some positive stuff, This government looks much more professional.
If someone gets his hands on the new EU document please share.

http://arka.am/en/news/business/armenia_to_become_member_of_asian_infrastructure_investment_bank/

More good news!

This is what Armenia needs to do. Have a foreign ministry that connects the world, with the republic, with the diaspora.

[Zeytun]

Re: Armenia's Economic Pulse

How similar is it to the DCFTA we had earlier? What is demanded of the Armenian side and what are the perks? Do we get access to the EU market? That would be so awesome!

In other news,

https://renewablesnow.com/news/to-the-point-uae-firm-plans-usd-100m-solar-investment-in-armenia-562476/

Wish it was the IMF or WB doing the investment instead.

Yeah some positive stuff, This government looks much more professional.
If someone gets his hands on the new EU document please share.

[HyeSocialist]

Re: Armenia's Economic Pulse

Armenia and the European Union initialed the Comprehensive and Enhanced Partnership Agreement today.
From the Armenian side the document was signed by Armenia’s chief negotiator, Deputy Foreign Minister Garen Nazaryan and First Deputy Minister of Economic Development and Investments Garegin Melkonyan.
Luke Devin, Director of thexEUxDepartment for Russia, Eastern Partnership, the regional cooperation with Central Asia and thexOSCE, and Petros Sourmelis of European Commission’s xDirectorate-General for Tradex signed the document on behalf of the European Union.
Armenian Foreign Minister Edward Nalbandian welcomed the visit of the EU officials and noted that the document would open a new page in the relations between Armenia and the EU member states.
The Agreement to be signed later this year will reflect the depth, level and volume of relations between Armenia and the European Union, Minister Nalbandian said.
He added that “the document is a testament to the importance Armenia attaches to cooperation with the EU.”
http://www.armradio.am/en/2017/03/21...hip-agreement/

How similar is it to the DCFTA we had earlier? What is demanded of the Armenian side and what are the perks? Do we get access to the EU market? That would be so awesome!

In other news,

https://renewablesnow.com/news/to-the-point-uae-firm-plans-usd-100m-solar-investment-in-armenia-562476/

Wish it was the IMF or WB doing the investment instead.

[Haykakan]

Re: Armenia's Economic Pulse

Armenia and the European Union initialed the Comprehensive and Enhanced Partnership Agreement today.
From the Armenian side the document was signed by Armenia’s chief negotiator, Deputy Foreign Minister Garen Nazaryan and First Deputy Minister of Economic Development and Investments Garegin Melkonyan.
Luke Devin, Director of thexEUxDepartment for Russia, Eastern Partnership, the regional cooperation with Central Asia and thexOSCE, and Petros Sourmelis of European Commission’s xDirectorate-General for Tradex signed the document on behalf of the European Union.
Armenian Foreign Minister Edward Nalbandian welcomed the visit of the EU officials and noted that the document would open a new page in the relations between Armenia and the EU member states.
The Agreement to be signed later this year will reflect the depth, level and volume of relations between Armenia and the European Union, Minister Nalbandian said.
He added that “the document is a testament to the importance Armenia attaches to cooperation with the EU.”

http://www.armradio.am/en/2017/03/21/armenia-and-eu-initial-comprehensive-and-enhanced-partnership-agreement/

[londontsi]

Re: Armenia's Economic Pulse

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[Haykakan]

Re: Armenia's Economic Pulse

Tatra truck production to launch in Armenia

March 18, 2017 - 21:53 AMT
PanARMENIAN.Netx- AxTatra truckxproduction factory will be built in Armenia’s Kotayk province, according to a memorandum signed between Tatra Trucks andxZenon LLC, a top official from Gazprom Armenia said.
Andranik Harutyunyanxsaid the deal is the result of an agreement reached between prime minister Karen Karapetyan and Russia-based Armenian business people.
2000 new jobs will be created by the end of the project.
PAN’s sources separately confirmed the news.
Tatra is a Czech manufacturer producing vehicles. Owned by the Tatra Truck company, it is the second oldest company in the world producing cars with an unbroken history, after Peugeot.

http://www.panarmenian.net/eng/news/235308/

[londontsi]

Re: Armenia's Economic Pulse

We have to know where we are to decide our direction which way to go.

We have to know the "leadership" that took us where we are so not to make the same mistake again.

We the people have to wake up not to allow such a leadership ever con us ever again.

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