Russia confirms its role as Armenia's key trade and investment partner – Foreign Minister
03.02.2026,
10:18
Russia is effectively confirming its role as a key and, no less importantly, reliable trade and investment partner, guarantor of Armenia's food and energy security.
YEREVAN, February 3. /ARKA/. Russia is effectively confirming its role as a key and, no less importantly, reliable trade and investment partner, guarantor of Armenia's food and energy security. This was stated by Russian Foreign Minister Sergey Lavrov.
"Our country accounts for approximately 35% of Armenia's foreign trade. Russian business is a key element of the country's socio-economic well-being," Lavrov noted.
According to him, there is potential for expanding cooperation – for example, in the areas of peaceful nuclear energy and logistics.
He noted that numerous joint educational and cultural initiatives are being implemented between the two countries.
According to Armstat, trade turnover between Armenia and Russia for the first 11 months of 2025 amounted to almost $6.72 billion, a decline of 42.7% compared to the same period in 2024.
Armenia's exports to Russia amounted to over $2.72 billion, a decline of 9%, while imports to Armenia from Russia, an exporting country, amounted to almost $4.15 billion (a decline of 53.4%).
"Our country accounts for approximately 35% of Armenia's foreign trade. Russian business is a key element of the country's socio-economic well-being," Lavrov noted.
According to him, there is potential for expanding cooperation – for example, in the areas of peaceful nuclear energy and logistics.
He noted that numerous joint educational and cultural initiatives are being implemented between the two countries.
According to Armstat, trade turnover between Armenia and Russia for the first 11 months of 2025 amounted to almost $6.72 billion, a decline of 42.7% compared to the same period in 2024.
Armenia's exports to Russia amounted to over $2.72 billion, a decline of 9%, while imports to Armenia from Russia, an exporting country, amounted to almost $4.15 billion (a decline of 53.4%).
