Armenia is interested in importing technology and high-quality products from the UAE: Minister
05.05.2026,
18:01
Armenia is interested in importing high-quality products and advanced technologies from the UAE, as well as implementing joint investment programs to modernize the economy.
YEREVAN, May 5. /ARKA/. Armenia is interested in importing high-quality products and advanced technologies from the UAE, as well as implementing joint investment programs to modernize the economy. This was stated by RA Minister of Economy Gevorg Papoyan at a meeting with UAE Deputy Foreign Minister for Advanced Science and Technology Omran Sharaf and UAE Ambassador to Armenia Nariman Al-Mulla.
According to the press service of the RA Ministry of Economy, it was stated at the meeting that Armenia is open to UAE investment in logistics, infrastructure, renewable energy, tourism, high technology, agriculture, industry, and other sectors.
Papoyan praised the close economic cooperation that has developed between Armenia and the UAE in recent years.
The parties also discussed the "Crossroads of Peace" program developed by the Armenian government and its individual components, emphasizing the program's importance for the peaceful and sustainable development of the region.
About Armenia-UAE Trade
According to the Armenian State Statistics Service, Armenia's trade turnover with the UAE exceeded $2.13 billion in 2025, a 60% decline year-on-year. Armenia's exports exceeded $2.05 billion (a 60.9% decline), while imports exceeded $425 million (a 4.9% decline).
About the "Crossroads of Peace" project
The Armenian regional communications project "Crossroads of Peace" was presented by Armenian Prime Minister Nikol Pashinyan in November 2023 at the Silk Road Forum in Tbilisi. The key idea of the project is to launch (reopen) and develop transport links between Armenia, Georgia, Turkey, Azerbaijan, and Iran through the use of roads, railways, cables, pipelines, and power lines.
This will create a short and efficient route between the Caspian and Mediterranean Seas, as well as a route from the Persian Gulf to the Black Sea.
According to Armenia, all infrastructure operates under the sovereignty and jurisdiction of the countries through which it passes; each country implements border and customs control within its own territory, ensuring the safe movement of goods, vehicles, and people.
According to the press service of the RA Ministry of Economy, it was stated at the meeting that Armenia is open to UAE investment in logistics, infrastructure, renewable energy, tourism, high technology, agriculture, industry, and other sectors.
Papoyan praised the close economic cooperation that has developed between Armenia and the UAE in recent years.
The parties also discussed the "Crossroads of Peace" program developed by the Armenian government and its individual components, emphasizing the program's importance for the peaceful and sustainable development of the region.
About Armenia-UAE Trade
According to the Armenian State Statistics Service, Armenia's trade turnover with the UAE exceeded $2.13 billion in 2025, a 60% decline year-on-year. Armenia's exports exceeded $2.05 billion (a 60.9% decline), while imports exceeded $425 million (a 4.9% decline).
About the "Crossroads of Peace" project
The Armenian regional communications project "Crossroads of Peace" was presented by Armenian Prime Minister Nikol Pashinyan in November 2023 at the Silk Road Forum in Tbilisi. The key idea of the project is to launch (reopen) and develop transport links between Armenia, Georgia, Turkey, Azerbaijan, and Iran through the use of roads, railways, cables, pipelines, and power lines.
This will create a short and efficient route between the Caspian and Mediterranean Seas, as well as a route from the Persian Gulf to the Black Sea.
According to Armenia, all infrastructure operates under the sovereignty and jurisdiction of the countries through which it passes; each country implements border and customs control within its own territory, ensuring the safe movement of goods, vehicles, and people.
