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INVESTMENTS OF RUSSIAN COMPANIES IN ARMENIA WILL GROW, ARMENIAN MINISTER OF TRADE AND ECONOMIC DEVELOPMENT ASSURES
Noyan Tapan
Oct 31 2006
YEREVAN, OCTOBER 31, NOYAN TAPAN. In 1991-2005, Russia was in first
place in terms of foreign investments made in Armenia. The RA Minister
of Trade and Economic Development Karen Chshmaritian stated this
at the October 31 press conference. As for the concern at the small
amount of Russian companies' investments in Armenia that the Russian
President Vladimir Putin expressed on October 30, K. Chshmaritian said
that this concern is related only to the data of 2005. In 1991-2005,
Russian companies have invested about 400 million USD in Armenia. This
is equal to the total amount of foreign investments in Armenia in 2005.
Noyan Tapan
Oct 31 2006
YEREVAN, OCTOBER 31, NOYAN TAPAN. In 1991-2005, Russia was in first
place in terms of foreign investments made in Armenia. The RA Minister
of Trade and Economic Development Karen Chshmaritian stated this
at the October 31 press conference. As for the concern at the small
amount of Russian companies' investments in Armenia that the Russian
President Vladimir Putin expressed on October 30, K. Chshmaritian said
that this concern is related only to the data of 2005. In 1991-2005,
Russian companies have invested about 400 million USD in Armenia. This
is equal to the total amount of foreign investments in Armenia in 2005.