There is not any specific statistic what kind of businesses the Armenian businessmen do in Georgia, and in what measures.
While talking with “1in.am news and analyses” Eduard Kirakosyan, Industrialists and Businessmen’s Association Executive Director, said that they have also heard that even some of their association members have started businesses in Georgia.
“But our businessmen are not closing their business here in order to open another one in Georgia. They are leaving their businesses in Armenia and go to start another one in Georgia. This is an expansion of their business, not investment for Georgia. Our market is small, that is why the businesses are extended in Georgia” said Kirakosyan and added that Armenians expend their business especially in Tbilisi and coastal resorts.