// IP Marketing video - START// IP Marketing video - END

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.

 Top stories
Armenia has been included in the report titled Best European Countries for Business 2018 compiled by the European Chamber.
Armenia has claimed the 68th spot in the rating of the world’s innovative economies and has made it to the list of innovation achievers
The representatives of the Armenian investment promotion agency took part in the EBRD reception held in Westminster Palace.
It has been agreed that Iran’s gas export volume to Armenia and dispatch of electricity from Armenia back to Iran should grow as of 2018.
Partner news