{"id":42508,"date":"2012-10-17T15:59:20","date_gmt":"2012-10-17T15:59:20","guid":{"rendered":"https:\/\/armbanks.am\/2012\/10\/17\/236582\/"},"modified":"2024-12-15T13:00:01","modified_gmt":"2024-12-15T13:00:01","slug":"armenia-ranked-fifth-among-cis-countries-for-russian-direct-investments","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2012\/10\/17\/42508\/","title":{"rendered":"Armenia ranked fifth among CIS countries for Russian direct investments"},"content":{"rendered":"<p><strong>YEREVAN, October 17. \/ ARKA \/<\/strong>. Armenia ranked fifth among CIS countries for the amount of Russian direct investments, according to \u201cThe Monitoring of Mutual Investments of the CIS\u201d posted on Eurasian Development Bank\u2019s website.<\/p>\n<p>The share of Russia\u2019s accumulated direct investments in total foreign investments in Armenia was 5.9% in late 2011, while Ukraine, Kazakhstan, Belarus and Uzbekistan accounted for 38%, 25.3%, 15.6% and 6.8% respectively.<\/p>\n<p>Armenia outdid Georgia (1.1%) and Azerbaijan (2.7%).<br \/>\nRussia, with its $366.2 billion, was the undisputable capital exporter in late 2011. Armenia\u2019s capital exports totaled $163 million. Its capital imports amounted to $5.04 billion \u2013 54.2% less than Georgia\u2019s and 55.3% less than Azerbaijan\u2019s.<br \/>\nFour direct foreign investment projects on CIS operated in Armenia at the end of 2011. Three of them cost about $3 million.<\/p>\n<p>Direct foreign investments in Armenia on four projects total $10 million. Georgia participates in eight projects ($410 million) and Azerbaijan in nine ($1.38 billion).<br \/>\nRussia\u2019s central bank says Armenia accounts for 8.6% ($180 million) of CIS countries\u2019 direct investments in Russia made over a period between 2007 and 2011. Georgia\u2019s share here is 0.5% ($10 million) and Azerbaijan\u2019s 15.3% ($320 million).<\/p>\n<p>The largest investor among CIS countries is Kazakhstan \u2013 its share is 53.6% ($1.12 billion).<br \/>\nThe largest Russian project in Armenia is the purchase of ArmenTel by Russia\u2019s VimpelCom in 2006 (investments amount to about $600 million).<\/p>\n<p>The bank has two branches and serves more than 30,000 individuals and two companies.<br \/>\nEurasian Development Bank was established by Russia and Kazakhstan in January 2006 to foster development of market economies of participant countries.<br \/>\nThe bank\u2019s authorized capital exceeds $1.5 billion.<\/p>\n<p>The EDB member countries are Russia, Kazakhstan, Armenia and Tajikistan. -0&#8212;-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenia ranked fifth among CIS countries for the amount of Russian direct investments<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[15837,12278,15458,331],"class_list":{"0":"post-42508","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy-en","7":"category-news","8":"tag-armenia-2","9":"tag-cis","10":"tag-investments-2","11":"tag-331"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/42508","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=42508"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/42508\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=42508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=42508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=42508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}