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Armenia may count on $1.5 billion of foreign investments, Tigran Jrbashyan

23.09.2015 19:42

Armenia may count on $1.5 billion of foreign investments, Tigran Jrbashyan

YEREVAN, September 23. / ARKA /. Today Armenia can count on $1-$1.5 billion of foreign investments, Tigran Jrbashyan, marketing director of Ameria group of companies, told ARKA.

"If we look at Eastern European countries, as well as Georgia, we can construe that Armenia may count on as much as $1-1.5 billion of foreign investments," he said recalling that in 2008 foreign investments into the Armenian economy amounted to more than $1 billion.

According to him, the average yield on investments in Western Europe is 10%-15%, a good yield for these countries; however, in Armenia the yield should be 20%-25% to make it interesting for investors.

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Shifting to mutual settlements in rubles requires ruble market, Tigran Jrbashyan

23.09.2015 19:38

Shifting to mutual settlements in rubles requires ruble market, Tigran Jrbashyan

Prior to shifting to mutual settlements in Russian rubles in trading with Russia Armenia needs first of all to form a ruble market, Tigran Jrbashyan, marketing director for Ameria group of companies, told ARKA

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