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Foreign Investment Promotion Possible Through Domestic Investments -

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  • Foreign Investment Promotion Possible Through Domestic Investments -

    FOREIGN INVESTMENT PROMOTION POSSIBLE THROUGH DOMESTIC INVESTMENTS - ARMENIAN EXPERT

    YEREVAN, October 17./ARKA/. In order to increase direct foreign
    investments (DFI) Armenia should, first of all, promote domestic
    investments, head of "Alternative" research center economist Tatul
    Manaseryan said.

    "If we do not trust our economy and are not investing in it, how we
    can expect foreigners to do that", Manaseryan said at a discussion
    on Armenia's economic prospects in the EEU on Thursday.

    According to the economist, Armenia should manage to take the advantage
    of the EEU membership for boosting the economy and developing small
    and midsized enterprises.

    Only increased domestic investments can convince foreigners of
    Armenia's investment appeal, Manaseryan said.

    The discussion on Armenia's economic prospects in the EEU was held
    by the Union of Russian Armenians and the World Armenian Congress.

    On October 10, Armenia joined the Eurasian Economic Union (EEU)
    treaty that will come into effect on January 1, 2015. -0--

    http://arka.am/en/news/economy/foreign_investment_promotion_possible_through_dome stic_investments_armenian_expert/#sthash.0leE2gsd.dpuf

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