IMPACT OF FDI ON THE ECONOMY OF ARMENIA

Nowadays each country is one of the elements of the global world, and is related to the other countries by export, import, FDI, transport and by the other relationship. FDI has an important role for each country. The objective of the article is to reveal the impact of FDI on economic growth, on export and import of RA. The results of this article show that the FDI plays an important role for the economic development of RA. Therefore there are some inconveniences in the investment promotion policy, which must be reviewed for achieving the best results.