Foreign direct investment up 50% in Armenia, PM saysJanuary 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 | Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |