Increasing Investor Interest in Mountainous Karabagh

STEPANAKERT (Armenpress)–The Prime Minister of Mountainous Karabagh Republic Anushavan Danielian–told a European Union delegation that in spite of Azeri aggression and the ensuing war that caused widespread damage–the government of MKR has taken steps to recover the economy.

He briefed the delegation–headed by EU special representative for the South Caucasus Heikki Talvitie–about MKR’s privatization process–as well as implementation of economic reforms and investment projects. Speaking about MKR–he said that what used to be a "risky [investment] zone," now attracts an increasing number of foreign investors who have become more secure.

They also discussed possible approaches to resolving the Karabagh conflict–the current pace of talks–as well as the importance of MKR’s participation in negotiations.


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