2017 statistics: Armenia invested $5.6 million in Georgia so farDecember 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 | 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. Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. |