2017 statistics: Armenia invested $5.6 million in Georgia so farDecember 11, 2017 - 13:27 AMT PanARMENIAN.Net - Armenia’s foreign direct investment in the Georgian economy topped $5.6 million after the third quarter of 2017, data provided by the National Statistical Office of Georgia has revealed. Direct investments thus grew by 30% year-on-year as Armenia had invested $3.97 million in the neighboring country last year. In Q1 and Q2, investments from Armenia amounted to approximately $2,53 million and $3,15 million, respectively, while Q3 saw a negative FDI net inflow of $12,700. Direct investments into the Georgian economy amounted to about $39 million between 2012 and 2016. The volume of Armenian investments culminated in 2014 when $12.7 million were spent overall. Furthermore, investments worth $5.9 million were registered in 2012, $3.7 million in 2013, $12 million in 2015 and $4.1 million in 2016. 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 | Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |