Revert "[application] Remove "application launch from local path" support"

This reverts commit 23fc6ba08ef7acf9391855bbde1a7600d7b53199.

The confirmation from QA is needed to merge it again (as some of their test cases might be affected).
Merge pull request #1268 from pozdnyakov/Revert_App_from_local_path_removal

Revert "[application] Remove "application launch from local path" support