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Mon, Jun 16th, 2025
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ECONOMY
- Armenia
Armenia may have new opportunities in connection with the military operation of the Russian Federation in Ukraine – Minister of Economy -ARKA.AM

(Read full article on arka.am)

The Russian military operation in Ukraine is of great concern, but in addition to the problems, there are also certain opportunities. This was stated by the Minister of Economy of Armenia Vahan Kerobyan.

“This situation, of course, causes more concern, primarily from a humanitarian point of view. Both countries are our major trading partners. Sanctions against Russia, our largest trading partner, could have serious economic consequences that will certainly affect us. However, as I think, in addition to problems, there are also opportunities,” he said in an interview with ARKA. 

For example, according to him, countries that have plans to join the EAEU can do this through Armenia, and not Russia. 

“In addition, Russian companies can access international markets through Armenia, and not directly, which is no longer possible,” he explained. 

At the same time, the head of the Ministry of Economy added that Armenia, “of course, does not try to fish in troubled waters.”

Mar 1, 2022

DATA SNAPSHOT

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TRADE
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Uzbekistan’s foreign trade turnover at $13.15 bln in Q1, 2022
ECONOMY
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Belarus inflation up 15.9% yr/yr in March-Statistics Committee
ECONOMY
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Remittances to Georgia rise 3% yr/yr to $193 mln in March-central bank
THE TRIBUNE
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The Tribune suspends publication
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COVID-19 Eurasia Roundup
The Tribune keeps you up-to-date with the latest vaccines and infection data across the region.
OPINION
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OPINION-Kazakhstan’s Reforms Should Be More Than Just Show-FOREIGNPOLICY
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