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Search for investors in Armenia ‘dry port’ project stalls: THIS WEEK IN BUSINESS

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  • The Armenian government has still not begun construction on its ‘dry port’ logistics project in the northwestern city of Gyumri, as talks with international investors stall.
  • Striking employees agreed to return to work at the Zangezur Copper-Molybdenum Combine in exchange for increased wages and better working conditions. The company, Armenia’s largest, reported daily losses of about $1 million during the 11-day strike.
  • Iran cannot replace Russia as Armenia’s gas supplier, says former official: https://shorturl.at/xCLFS
  • Armenia unlikely to build modular nuclear power plant, says former official: https://shorturl.at/pnNuQ

The post Search for investors in Armenia ‘dry port’ project stalls: THIS WEEK IN BUSINESS appeared first on CIVILNET.


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