  Armenia invested $1 million in Georgia’s economy in Q1 July 2, 2018 - 16:58 AMT 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 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 The Power of One Dram to benefit Road of Life charity  The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization.Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia.Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty.Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |
