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Armenia invested $1 million in Georgia’s economy in Q1

Armenia invested $1 million in Georgia’s economy in Q1

PanARMENIAN.Net - Armenia has made investments worth $960.000 in Georgia in the first three months of 2018, information provided by Georgia’s statistical service reveals.

Azerbaijan, meanwhile, has invested $81 million in the same period.

In the past 10 years, investments in the Georgian economy from Armenia amounted to $83 million.

Armenia’s foreign direct investment in the Georgian economy amounted to $6.4 million in 2017. Direct investments thus grew 49% year-on-year as Armenia had invested $4.3 million in the neighboring country in 2016.

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