President: mining industry one of strategic segments of Nagorno-Karabakh Republic’s economy
18.02.2013,
20:23
Mining industry is one of the youngest, but strategically important and promising segments of the Nagorno-Karabakh Republic’s economy, Nagorno-Karabakh President Bako Sahakyan said Monday at a session convened for summarizing the 2012 results and for outlining prospects for 2013, the president’s press office reports.
STEPANAKERT, February 18. /ARKA/. Mining industry is one of the youngest, but strategically important and promising segments of the Nagorno-Karabakh Republic’s economy, Nagorno-Karabakh President Bako Sahakyan said Monday at a session convened for summarizing the 2012 results and for outlining prospects for 2013, the president’s press office reports.
The president also said the mining industry can become the key propeller to Nagorno Karabakh’s economy and the main employer to the republic’s population.
The mining industry already accounts for a major share in the government budget revenue.
Sahakyan said that capital investments of both public and private sectors have grown a great deal in recent years.
Remarkable is that there are no monopolies in this industry. Instead, there is a healthy competition, which propels development of the republic’s economy.
The president put special emphasis on strict observance of the rules of environment protection rules.
Sahakyan stressed the importance of both earth entrails and nature saying they are Karabakh’s treasures. He said one of them shouldn’t develop at the account of the other and added that it is necessary to leave a healthy environment and a fast-developing economy to future generations.
Sahakyan also spoke about the mining industry’s problems and gave appropriate instructions to concerned agencies.
Grigoriy Gabrielyants, a member of the Academy of Sciences and the advisor of the president, Vazgen Mikayelyan, chief of Nagorno-Karabakh republic’s environment and natural resources protection agency, and heads of other agencies spoke at the meeting as well.
Nagorno-Karabakh National Assembly Speaker Ashot Gulyan, Prime Minister Ara Harutyunyan, mining specialists from Armenia and other countries attended the session. -0-
