YEREVAN. – Overall, the Eurasian Economic Union (EAEU, which comprises Armenia Russia, Belarus, Kazakhstan, and Kyrgyzstan) investments in Armenia’s economy have amounted to $3 billion in 2015. 

Deputy Director of the Integration Development Department at the Eurasian Economic Commission (EEC)—the executive body of the EAEU, Saadat Assanseitova, said the aforementioned at Saturday’s joint meeting of the Standing Committee on Foreign Relations of the National Assembly of Armenia and of the Committee on Foreign Affairs of the Federation Council of Russia, in Armenia’s capital city of Yerevan.

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In her words, there is a real investment inflow into Armenia.

“Starting from 2011 until 2015, investments in the economy of Armenia—an EAEU country—increased by virtually seven times,” Assanseitova stated. “The priority domains [of these investments] are food, alcohol, light, textile industry, and infrastructures.”