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RUSSIAN DIRECT INVESTMENTS MAKE UP 39.5% OF FOREIGN DIRECT INVESTMENTS INTO ARMENIA'S ECONOMY
YEREVAN, September 5. /ARKA/. Russia's direct investments make up
39.5% of foreign direct investments into Armenia's economy, Evgeny
Vinokurov, the head of the Eurasian Bank's Center for Integration
Studies, said in an interview with ARKA News Agency.
He said the direct investments of Customs Union member countries in
Armenia almost fully consist of Russian investments, which amounted
to $1.93 billion in late 2012.
Kazakhstan and Belarus' direct investments in Armenia's economy total
$13 million.
"The amount of Russian investments in Armenia is significant
especially given that Armenia is the country with ninth largest GDP
in the Commonwealth of Independent States plus Georgia and the fifth
country for its accumulated Russian investments in the region. Russia
is Armenia's largest investor," Vinokurov said in his interview.
He said Russian direct investments in Armenia are intended for
modernization of backbone sectors of the economy - railways, gas
transportation, electric energy, nonferrous metals industry, banking
and insurance as well as mobile telecommunication, Internet and data
transmission. ---0----
19:40 05.09.2013
http://arka.am/en/news/economy/russian_direct_investments_make_up_39_5_of_foreign _direct_investments_into_armenia_s_economy/
From: Baghdasarian
YEREVAN, September 5. /ARKA/. Russia's direct investments make up
39.5% of foreign direct investments into Armenia's economy, Evgeny
Vinokurov, the head of the Eurasian Bank's Center for Integration
Studies, said in an interview with ARKA News Agency.
He said the direct investments of Customs Union member countries in
Armenia almost fully consist of Russian investments, which amounted
to $1.93 billion in late 2012.
Kazakhstan and Belarus' direct investments in Armenia's economy total
$13 million.
"The amount of Russian investments in Armenia is significant
especially given that Armenia is the country with ninth largest GDP
in the Commonwealth of Independent States plus Georgia and the fifth
country for its accumulated Russian investments in the region. Russia
is Armenia's largest investor," Vinokurov said in his interview.
He said Russian direct investments in Armenia are intended for
modernization of backbone sectors of the economy - railways, gas
transportation, electric energy, nonferrous metals industry, banking
and insurance as well as mobile telecommunication, Internet and data
transmission. ---0----
19:40 05.09.2013
http://arka.am/en/news/economy/russian_direct_investments_make_up_39_5_of_foreign _direct_investments_into_armenia_s_economy/
From: Baghdasarian