More than $1 billion investments made in Armenia in H1: ministerOctober 18, 2017 - 15:10 AMT PanARMENIAN.Net - Investments worth $1.024 billion, including direct foreign investment of $328, were made in Armenia in the first six months of 2017, minister of economic development and investments Suren Karayan told reporters on Wednesday, October 18, Aysor.am reports. "This year's figures have grown 36.6% and 26.3%, respectively, year on year," Karayan said. According to him, the new draft bill on foreign investment creates favorable conditions for improving the investors protection institute in the country. The National Statistical Service had earlier said that investments worth AMD 17.2 billion were made in Armenia. 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 | 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. Macron says France commemorates 109th anniv. of Armenian genocide Today France commemorates the 109th anniversary of the Armenian genocide of 1915, Macron says. Freedom House concerned by mounting reports of police violence in Armenia Freedom House urged Armenian authorities to investigate this pattern of excessive force and inhumane treatment. |