UMBA: Suspension of Amulsar project will harm investment rating of  Armenia

ArmInfo. The suspension of the Amulsar project will definitely harm the investment rating of Armenia, since the mining industry should be predictable in the first  place. This is stated in the official statement of the Union of  Manufacturers and Businessmen of Armenia (UMBA).

<We urge the Armenian authorities to keep the environmental issues of  the mining industry together with the fair statements of  environmentalists in the spotlight on a daily basis. Here, the joint  work of environmentalists and state authorities to control can be an  important factor and incentive>, the report says.

In particular, UMBA declares that no company carrying out legal  activities in the Republic of Armenia should face obstacles;  moreover, it should not feel a difference in attitude, regardless of  whether this organization is Armenian or foreign. <The company Lydian  Armenia, operating the Amulsar mine, in accordance with the  legislation of the Republic of Armenia carries out economic  activities that cannot be used by political forces for  self-affirmation and formation. Guided by the world's best practices  and using scientific developments in the mine of nature protection,  the company is equipped with modern technologies and comprehensive  programs that have already been launched>, the source says. According  to UMBA, the bowels of Armenia cannot be closed for mining and  exploitation, they must be used for the good of the RA.

The Union of Manufacturers and Businessmen of Armenia  is certainly  deeply concerned about the preservation of the purity of our nature,  but at the same time, we are concerned about the issue of providing  the population with work, reducing migration and the dynamic  development of the economy. After all, the wealth of the bowels of  the country is needed not to be closed, but should serve the people.  To resolve this issue should be approached in cold blood without  excessive emotionality. The interests of our country require this>,  the statement said. 

To recall,  Prime Minister of Armenia Nikol Pashinyan on September 9  said on Facebook that at the moment there is no legal basis to  prohibit the operation of the Amulsar mine. Nikol Pashinyan also  formally asked Jermuk residents open all roads leading to the Amulsar  mine.