Enlarged working consultation dedicated to the development of the mining industry

On 15 February President of the Artsakh Republic Bako Sahakyan convoked an enlarged working consultation dedicated to the development of the mining industry in 2012 and the activities to be carried out in 2013.

Adviser to the NKR President, academician Grigory Gabrielyants, head of the department of environment and natural resources Vazgen Michaelyan, heads and responsible representatives of the geological prospecting and mining industry enterprises delivered corresponding reports.

In his speech President Sahakyan noted that mining industry was the youngest and at the same time one of the strategic and perspectives sectors which had promising opportunities to become the driving force of economy and among the important sources of employment, already providing considerable share of industrial output and state budget revenues.

According to the Head of State the volume of capital investments in the sphere has increased in recent years both through the channels of state budget and private sector, considering important the absence of monopolistic manifestations in the sphere, which boosts sound competition and dynamic economic development.

The President emphasized that the development of mining industry must be accompanied with strict maintenance of nature and environment protection norms. The Head of State stressed that both mineral resources and nature are the wealth of Artsakh, and development in one direction should not be at the expense of another, adding that we must leave for future generations a healthy environment and a dynamically developing economy.

President Bako Sahakyan also touched upon the current problems and future plans in the sphere, giving appropriate assignments to the heads of concerned structures.

National Assembly speaker Ashot Ghoulyan, Prime-minister Ara Haroutunyan, mining industry representatives, prominent specialists from Armenia and abroad, other officials partook at the consultation.