ArmInfo. Armenian Deputy Minister of Economy Tigran Gasparyan and Deputy Director of the Investment Promotion Center Foundation Aram Vardanyan met with representatives of the United Nations Conference on Trade and Development (UNCTAD) on the sidelines of the 30th World Investment Conference in Geneva.
According to a statement from the Ministry of Economy, the parties discussed a number of issues related to identifying new investment opportunities in Armenia and expanding cooperation with UNCTAD.
During the meeting, Armenia's economic policy priorities, steps taken to improve the investment climate and enhance the country's investment attractiveness, and initiatives aimed at developing the business environment were presented.
According to the Statistics Committee, net foreign investment in Armenia's economy increased threefold year-on-year in the first half of 2026, reaching $395 million (145.2 billion drams). At the same time, the net flow of foreign direct investment (FDI) jumped much more significantly - almost 30 times, with a positive increase to $309 million (113.5 billion drams). As a reminder, UNCTAD is the leading UN agency dealing with trade and development issues. It is a permanent intergovernmental body established by the United Nations General Assembly in 1964. UNCTAD supports developing countries in accessing the benefits of a globalized economy more fairly and effectively. It provides economic and trade analysis, promotes consensus building, and offers technical assistance to help developing countries use trade, investment, finance, and technology for inclusive and sustainable development.
