Armenia invested $9.7 million in Georgia’s economy in 2018March 12, 2019 - 18:43 AMT PanARMENIAN.Net - Armenia’s foreign direct investment in the Georgian economy amounted to $9.7 million in 2018, data provided by the National Statistical Office of Georgia reveals. Direct investments thus grew 51.5% year-on-year as Armenia had invested $6.4 million in the neighboring country in 2017. In the past 10 years, investments in the Georgian economy from Armenia amounted to some $93 million. 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 | U.S. welcomes Armenia, Azerbaijan’s border delimitation announcement Blinken said it is an important step towards concluding a durable and dignified peace agreement. Residents Of border villages protest as Armenia, Azerbaijan agree on delimitation Residents of several Armenian communities in the northeastern Tavush province began protests late on Friday. European Parliament to discuss repression in Azerbaijan The European Parliament will discuss repression of civil society in Azerbaijan on April 24 PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE. |