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Lebanese-Armenian Business Delegation Visits Kashatagh; Investments

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  • Lebanese-Armenian Business Delegation Visits Kashatagh; Investments

    LEBANESE-ARMENIAN BUSINESS DELEGATION VISITS KASHATAGH; INVESTMENTS PLANNED
    Anahit Danielyan

    http://hetq.am/en/economy/investments/
    2009/08/10 | 15:30

    Nagorno Karabakh economy

    Today, NKR Prime Minister Arayik Harutyunyan met with representatives
    of Lebanon's "ArtsakhFund" and a group of Lebanese-Armenian
    businessmen. The foreign delegations are in Karabakh to get acquainted
    with the investment climate and to carry out some specific projects
    to develop the economy in Kashatagh.

    The Lebanese-Armenian businessmen, heading the suggestion of PM
    Harutyunyan to launch a livestock distribution program in Kashatagh,
    toured the area and met with local residents to get a better idea of
    how such a project might best be realized. In their meeting with the
    prime minister they offered their suggestions and concerns.

    PM Harutyunyan told the visiting businessmen that the program would
    be carried out jointly by the "ArtsakhFund" and the NKR Ministry of
    Agriculture's "Village and Agriculture Assistance Foundation".

    "The government will carry the full weight of the risk by guaranteeing
    a total return of the loans," PM Harutyunyan stated.

    During the meeting, it was suggested that the program start small
    and gradually grow in scope.
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