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Foreign investment down

30 December 2008 04:52 (UTC+04:00)
Foreign investment down
Foreign investment made in Azerbaijan`s economy went down by 13% during the January-November 2008 period while reaching $2.4 billion, according to the State Statistics Committee. In this period, about half of all foreign investments were made by Britain. At the same time, the United States, Turkey and Iran cut down investments channeled into Azerbaijan. Most foreign investments were made in the country`s oil sector.

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