#Economy

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.

Germany and Azerbaijan Forge New Economic and Energy Ties in Berlin

German Chancellor Friedrich Merz and Azerbaijani President Ilham Aliyev signed significant new economic agreements in Berlin, focusing on gas supplies and the diversification of European supply chains. The ongoing peace and reconciliation process with Armenia was also a key topic of discussion.