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France Is The Leader Of Direct Foreign Investments In Armenia

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  • France Is The Leader Of Direct Foreign Investments In Armenia

    FRANCE IS THE LEADER OF DIRECT FOREIGN INVESTMENTS IN ARMENIA

    http://armenpress.am/eng/news/724396/france-is-the-leader-of-direct-foreign-investments-in-armenia.html
    18:06, 28 June, 2013

    YEREVAN, JUNE 28, ARMENPRESS: According to last year's statistics
    France is the leader of direct foreign investments in Armenia.

    "Armenpress" informs that according to the information provided
    by National Statistical service in 2012 the sum of direct foreign
    investment was 567.4 million USD and it is a 10.1 percent decrease
    compared with 2011's results. The investments from France have been
    230 million USD which is 2.3 times more than in 2011, and Russian
    investments were 88 million USD which is 3.83 less than in 2011. The
    volume of direct investments has become less also in case of USA,
    United Kingdom, Belgium and Cyprus.

    The indicator of Argentinean direct investments has become 6 times
    more - 51 million USD. Germany's investments were 48 million USD
    which is 2 times more compared with 2011, Swiss investments were 43
    million USD which is 5.5 times more compared with 2011 results.

    Armenian investment and trade policy is considered by international
    organizations as the most open in CIS region. Foreign companies are
    encouraged to make investmentsand have some advantages. The law on
    foreign investment was accepted on July 199

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