  2017 statistics: Armenia invested $5.6 million in Georgia so far December 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 |  Latest news Protesters rally as Georgia debates 'foreign agent' bill  Georgian critics label the bill "the Russian law", comparing it to legislation used by the Kremlin to crack down on dissent.Former Pashinyan envoy urges end to Genocide speculation Marukyan has urged authorities in Armenia stop discussions about verifying the names of 1.5 million victims.Azerbaijan, Jordan sign deal on defense cooperation Azerbaijan and Jordan have signed an agreement on cooperation in the field of defense, according to an official statement.First Canadian expert join EU mission in Armenia The first Canadian expert to join the European Union’s civilian mission in Armenia has arrived in Armenia. |
