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 | Russia clarifying reports on Baku’s alleged arms supply to Ukraine Russia says is carefully working to verify reports about alleged arms supplies from Azerbaijan to Ukraine Russia warns Armenia against “falling into West’s trap” Zakharova maintained, however, that anything that will benefit the people of Armenia can only be welcomed. CSTO: Armenia has not participated in secretariat’s work recently Recently Armenia has not participated in the work of the secretariat of the CSTO, Imangali Tasmagambetov said. Meeting with U.S., EU not against third parties, says Armenia The meeting scheduled for April 5 is dedicated to strengthening of the Armenia-EU-US cooperation, Yerevan added. |