 Foreign direct investment up 50% in Armenia, PM says January 21, 2019 - 13:43 AMT PanARMENIAN.Net - Prime Minister Nikol Pashinyan has revealed that foreign direct investments in Armenia’s economy grew 50% in Quarter 3 of 2018 year-on-year. In the reporting period, direct investment inflow (in terms of commitment) amounted to $75.5 million against the $50.9 million in the same period in 2017. Foreign direct investments totaled $94.2 million and $8.9 million in Q1 and Q2 of 2018, respectively, while figures for Q4 have to be revealed. Related links:   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 Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals  Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation.Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan.Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush.Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |
