According to UNCTAD, the FDI flows to the transition economies of South-East Europe and ex-Soviet republics declined by 58 percent to $24 billion in 2020.

Gross domestic product (GDP) grew by 3.4 percent year-on-year in January-September backed by a 3.5 percent growth in the real sector, 2.9 percent growth in services.

The World Bank revised up its outlook for the economies of the South Caucasus and Central Asia in 2021, predicting that growth would be stronger than it initially expected, and forecast further acceleration next year.

Mine is expected to produce 190,000 tonnes of copper, including 20,000 tonnes of cathode copper by 2022.