NKR LEADERSHIP TO PROMOTE DEVELOPMENT OF ENTERPRISE

DeFacto Agency, Armenia
Sept 26 2007

September 25 Nagorno-Karabagh Republic President Bako Sahakian received
Sederik Retajo, Executive Director of Yerevan Cognac Factory CJSC,
Barsegh Baglarian, the head of Karabagh Gold CJSC Council, and those
accompanying them.

According to the information DE FACTO received at the Central
Department of Information under NKR President, the meeting’s
participants had dwelled on the issues referring to deepening mutually
beneficial cooperation and realization of various investment programs
in Artsakh.

The guests told the President the amount of Karabagh Gold Company
production would increase approximately 30 % current year.

In his turn, NKR President assured that Nagorno-Karabagh authorities
would promote Artsakh businessmen and contribute to the local
production’s further development and expansion.

NKR PM Ara Harutyunian also participated in the meeting.