Armenians invested $40 million in Georgia in five yearsMarch 15, 2017 - 13:56 AMT PanARMENIAN.Net - Direct investments from Armenia into the Georgian economy amounted to some $40 million in 2012-2016. As Georgia’s national statistical service reports, the volume of Armenian investments culminated in 2014 when $12.6 million were spent overall. Furthermore, investments worth $5.9 million were registered in 2012, $3.7 million in 2013, $12 million in 2015 and $5.6 million in 2016. A total of $1.68 billion worth investments were made in 2016 in Georgia, with those from Azerbaijan and EU countries accounting for $578 million and $471 million, respectively. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | European Parliament to discuss repression in Azerbaijan The European Parliament will discuss repression of civil society in Azerbaijan on April 24 PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE. Cyprus parliament honors Armenian genocide victims Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide. Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed. |