Armenian minister of economy Vahram Avanesyan has expressed concern over the drop in foreign investments.

Minister Avanesyan expressed hope that no such drop will occur in 2013, slamming the lack of investments in communication and construction sectors.

He further conditioned the volume of investments by several factors, including the promotion of free trade deal with the European community and balanced policy in markets.

It’s noteworthy that 3.7% drop in international investments was reported in late December 2012 as compared with September 2012.