Armenia to Continue Export Diversification to Reduce Dependency, Says PM Pashinyan
On August 13, Armenian Prime Minister Nikol Pashinyan announced that the government will push forward with its policy to expand export markets. He emphasized that this strategic shift will continue even if Russia—traditionally Armenia's primary trading partner—lifts all recent import restrictions on Armenian goods.
The head of the Armenian government emphasized that relying on a single direction for foreign trade creates severe economic risks for the country. Therefore, the state plans to consistently pursue the development of new international export markets, independent of the shifting conditions in its trade relations with Russia.
An Unchanged Strategic Agenda
During a press briefing, the Prime Minister noted that a complete reopening of the Russian market would not alter the long-term strategy adopted by Yerevan. As reported by the news outlet Vesti, Nikol Pashinyan stated:
"Even if they open up 100%, meaning we return to the original state of affairs, our agenda will not change because of that."
Background of Russian Import Restrictions
Previously, Russian authorities banned the import of various Armenian-made goods, officially citing regulatory and sanitary violations. These trade restrictions have specifically targeted the following products:
- mineral water
- alcoholic beverages
- fruits and vegetables
- dairy products
This article was generated automatically using AI based on reporting from established news sources. All sources are listed below.
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