Direct foreign investment into Armenia fall 3 times in first half of 2015

  01 September 2015    Read: 1319
Direct foreign investment into Armenia fall 3 times in first half of 2015
The direct foreign investments into the economy of the Republic of Armenia (RA) have dropped nearly three times in the first half of the current year, as compared to the same period last year, reducing from $180 million to $65 million, reported Haykakan Zhamanak daily.
“Moreover, the investments made from virtually all countries to virtually all domains of our economy have reduced. Perhaps solely the mining sector is an exception.

“It is noteworthy that it is the first six months since Armenia is in a new economic union, the Eurasian Economic Union (EEU), and it was stated that after becoming a member in the EEU, the foreign investments into the RA economy would increase. But in fact, the opposite has occurred,” wrote Haykakan Zhamanak.

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