Russian investment – biggest in Armenia

Russia is the biggest investor in Armenia. It invests more than 40% of the total number of FDI. The trade turnover between Armenia and Russia has shown signs of permanently increasing. There are joint projects implemented in Armenia with the participation of the Russian and Armenian capitals. Russia is involved in running Armenian railways, a nuclear power station, and the construction and maintenance of several hydroelectric power stations. There are also different regions of Russia, which have direct contacts with the Armenian business sector.