Armenia invested $9.7 million in Georgia’s economy in 2018

Armenia invested $9.7 million in Georgia’s economy in 2018

PanARMENIAN.Net - Armenia’s foreign direct investment in the Georgian economy amounted to $9.7 million in 2018, data provided by the National Statistical Office of Georgia reveals.

Direct investments thus grew 51.5% year-on-year as Armenia had invested $6.4 million in the neighboring country in 2017.

In the past 10 years, investments in the Georgian economy from Armenia amounted to some $93 million.

 Top stories
The Council adopted revised conclusions on the EU list of non-cooperative jurisdictions for tax purposes.
“It’s a speculation, we can neither comment or react to it,” an Diana Gazinyan from HSBC Armenia said.
Armenia's GDP grew by a strong 7.9% year-on-year in the third quarter of 2019, the World Bank said.
"This is the 3rd product of animal origin from Armenia for which EU grated access to its market," the EU said.
Partner news