Russia’s Investment In Armenia Announced

Emil Lazarian News

RUSSIA’S INVESTMENT IN ARMENIA ANNOUNCED

RosBusinessConsulting Database
April 4, 2006 Tuesday 2:12 am, EST

Russia invested $67.57m in Armenia in 2005, $51.48m of which was
direct investment. According to data Armenia’s National Statistics
Service has provided the ARKA news agency, this accounts for 16.88
percent of Armenia’s total foreign investment, and for 2.11 percent
of its direct investment.

Some 75.26 percent ($50.85m) of Russia’s investment went to the
metallurgy sector, $10.03m was invested in construction, and $13.22m
in wholesale and agency trade.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS