Russian-Armenian Tycoons Set Up Investment Fund for Armenia

March 27, 2017

Prime Minister Karen Karapetian (right) meets with Russian-Armenian tycoon Samvel Karapetyan on March 25 in Yerevan. (Photo: Press Office of the Government of Armenia)

YEREVAN (RFE/RL)””In a further show of support for Prime Minister Karen Karapetian, more than three dozen Russian business-people of Armenian descent launched over the weekend a multimillion-dollar investment fund which they said will finance various business projects in Armenia.

Karapetian described the creation of the fund called the Investors Club of Armenia as an economic “breakthrough”