“Due to the abovementioned investments it’ll be possible to produce production of about AMD 2.5 billion per year (2016), greater part of which will be exported to Russia, Belarus, Kazakhstan and other countries,” Minasyan said.
A difficult question. I must collect all impressions and analyze them. But if we just talk about my recent impressions I will say they are heavy and are mainly associated with large business. First of all, inefficiency prevails in such companies. The reason is the system where there are many people: everyone works in his/her small part, and it is quite easy to stay unnoticed. I mean if someone doesn’t work well, it is not immediately noticeable. And since the employees are rapidly changed, it appears that older bad workers are replaced by new ones.
“We are independent, we keep our language, economy, budget, we only work in the field of economy. Economic integration is limited, on the 8th horizontal. As for the political one, I’m sorry but it should be ‘stopped’ here,” T.Suleymanov said.
“Armenia’s full membership to the Customs Union was economically impossible, and life has showed: that circumstance makes Armenia face certain difficulties, as economic customs unions are existent among the countries with common borders.”
Which outflow is being touched upon—in which direction and line? It’s difficult to give a concrete answer, however, general snapshot may be made upon the issued data.
Here the word sensation is completely appropriate to use, as a real refraction in official statistics on real estate has been recorded. Small, but in any case, refraction.
Judging from the reports, the wealthiest political party is, as it could have been anticipated, the Republican Party of Armenia (RPA).
The Ministry said the recent reports on the possible sale of the Yerevan TPP are false, and the debts of natural gas of the TPP are not new at all. The Ministry’s announcement further reads that the debt has been presented in detail back in May 12 in the loan agreement between the Government and the International Bank for Reconstruction and Development.
“Development of free economic zone with Iran, in particular, on the border, will provide the opportunity to establish a good Iran-EEU platform for rendering service, as well as we may more expand both production and export of commodities produced here, making use of GSP+ regime with the USA, EU, Switzerland, Canada, Japan,” A.Minasyan said.
““SREB is a global project which includes various components such as economy, trade, transportation, culture, education, etc. It is important to state that any Chinese Ministry or company are not assigned to implement the SREB projects.”
