ALMATY (TCA) — In 2014, the fall in mutual foreign direct investments (FDI) between the CIS countries was $6.3 billion, or 12% year-on-year, according to the report Monitoring of Mutual Investments in the CIS 2015 prepared by Eurasian Development Bank’s (EDB) Centre for Integration Studies.
One of the main causes for this drastic decline in all mutual FDI in the CIS was the destabilised economic and political situation in Ukraine. At the same time, while overall investment activity in the CIS has shrunk, the young integration organization – the Eurasian Economic Union (EEU) – demonstrates stability. Even despite the devaluation of …read more
Source: The Times of Central Asia
