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19 Russian Companies Seek Partners in Armenia as “Made in Russia” Business Mission Takes Place in Yerevan
... program, organized by the Russian Export Center (REC). The mission includes B2B negotiations between Russian manufacturers and Armenian distributors and representatives of retail chains. Russia is Armenia's main trade and economic partner Russian Ambassador ... ... represented in key sectors of the Armenian economy—mining, energy, metallurgy, transport and logistics, banking, and information and communications technology. According to the diplomat, the leading positions of Russian economic operators are not only a legacy ...
03/11/2026Inflation in Armenia Stands at 4.3% in February
In February 2026, compared to February 2025, inflation in Armenia was 4.3%, and compared to January 2026, it was 0.5%. YEREVAN, March 4. /ARKA/. In February 2026, compared to February ... ... was 4.5% over the year (a 2.0% increase over the month), transportation increased by 3.6% (a 2.0% decline over the month), and communications increased by 0.3% over the year (a 0.2% decline over the month). In February, prices for recreation and culture ...
03/04/2026EBRD has improved its forecast for Armenia's economic growth in 2026, but points to risks
The European Bank for Reconstruction and Development (EBRD) expects Armenia's GDP growth to be stable at 5.5% in 2026 and 2027. YEREVAN, February 26. /ARKA/. The European Bank for Reconstruction ... ... months of 2025. Economic activity was supported by strong growth in the financial services, construction, and information and communications technology sectors," the study states. EBRD analysts note that after low levels in 2024, headline inflation ...
02/26/2026Armenia is coordinating with the US the legal framework for the "Trump Route" – Pashinyan
Armenia is coordinating with the US the legal framework for the Trump Route for International Peace and Prosperity (TRIPP) and the unblocking of regional communications. YEREVAN, February 26. /ARKA/. Armenia is coordinating with the US the legal framework for the Trump Route for International Peace and Prosperity (TRIPP) and the unblocking of regional communications. Armenian Prime Minister Nikol Pashinyan ...
02/26/2026EDB confirms Armenia's economic growth forecast of 5.3% in 2026
The Eurasian Development Bank (EDB) forecasts Armenia's economic growth of 5.3% in 2026. YEREVAN, February 23. /ARKA/. The Eurasian Development Bank (EDB) forecasts Armenia's ... ... end of 2025. The largest contribution to GDP growth came from the services sector – financial activities, information and communications, and construction (increased by 14.7%, 18.6%, and 21.0%, respectively). Household consumer spending and investment ...
02/23/2026Armenia's GDP grew by 7.2% in 2025, exceeding 11.3 trillion drams – official statistics
According to preliminary data, Armenia's GDP in 2025 registered a 7.2% increase compared to 2024. YEREVAN, February 20. /ARKA/. According to preliminary data,... ... to the report, the sectors experiencing the greatest growth in 2025 compared to 2024 were construction (21%), information and communications (18.6%), and finance and insurance (14.7%). Double-digit growth was also recorded in two other sectors: administration ...
02/20/2026Zakharova reaffirmed Russia's commitment to managing the Armenian railway and investing in its infrastructure
Russia reaffirms its commitment to managing the Armenian railway and investing in its infrastructure, stated Russian Foreign Ministry spokesperson Maria Zakharova, responding ... ... statements; they are hardly acceptable. Russia consistently advocates for the unblocking of all regional transport and economic communications," she said at a briefing on Wednesday. She recalled that much has been done to achieve this within the framework ...
02/18/2026American programs are extremely ambitious for Armenia, but their implementation is crucial – political scientist
US programs are extremely ambitious for a country like Armenia in terms of scope and capabilities, but their implementation is crucial, said political scientist Sergey Minasyan, Deputy ... ... between Armenia and the US on the ground." "The most important thing is the practical implementation of the transport, communications, nuclear, and technological elements, as well as the speed of implementation," Minasyan said.
02/11/2026Beyond TRIPP: Alen Simonyan on Russia's Possible Participation in Infrastructure Projects in Armenia
Russia may be involved in the construction, reconstruction, and operation of infrastructure facilities in Armenia outside the framework of the TRIPP (Trump's Route for International Peace and Prosperity), stated National Assembly Speaker ... ... partners cannot do without Russia," the deputy minister emphasized. Galuzin also noted that significant progress on unblocking communications in the region has already been made within the framework of the trilateral format of Russia, Armenia, and Azerbaijan ...
02/10/2026In Armenia, 12-month inflation was 3.8% in January, with prices increasing by 2% over the month
In January 2026, inflation in Armenia stood at 3.8% when compared to January 2025, while it rose by 2% in relation to December 2025. YEREVAN, February 9.... ... Healthcare prices increased by 3% in January (up 0.7% month-on-month), transportation costs rose by 4.3% (down 0.4% month-on-month), communications saw a 0.5% increase (down 0.1% month-on-month), and recreation and culture prices went up by 0.2% (down 0.2% month-on-month)....
02/09/2026Moscow ready to discuss participation in the Trump Route initiative - Russian Ambassador to Armenia
Russia is ready to discuss its participation in the Armenian-American project "Trump Route for International Peace and Prosperity" (TRIPP). Russian Ambassador to Armenia ... ... concession," Kopyrkin said. The diplomat clarified that Russia was at the forefront of the process of unblocking cross-border communications between Armenia and Azerbaijan and, in general, normalizing relations between the countries. "We believe that ...
02/06/2026Mher Grigoryan Discusses Regional Development Prospects with World Bank Official
Armenian Deputy Prime Minister Mher Grigoryan discussed prospects for regional cooperation with Charles Cormier, World Bank Regional Director for Infrastructure for Europe and Central Asia, after communications are unblocked. YEREVAN, February 4. /ARKA/. Armenian Deputy Prime Minister Mher Grigoryan discussed prospects for regional cooperation with Charles Cormier, World Bank Regional Director for Infrastructure for Europe and Central Asia, after ...
02/04/2026Armenia Invites World Bank President to 2026 Crossroads of Peace Investment Forum
Armenia has extended an invitation to World Bank President Ajay Banga to take part in the Crossroads of Peace Investment Forum,... ... Tourism Regional Infrastructure Project (TRIP). The Crossroads of Peace initiative aims to initiate (renew) and enhance transport communications among Armenia, Georgia, Turkey, Azerbaijan, and Iran through the use of roads, railways, cables, pipelines, and ...
02/02/2026Armenian Foreign Minister hopes peace agreement with Azerbaijan will be signed in coming months
Armenian Foreign Minister Ararat Mirzoyan hopes that the peace agreement with Azerbaijan will be signed in the coming months. ... ... that the peace agreement with Azerbaijan will be signed in the coming months. "The components of peace include unblocking communications and mutual assistance in transit. The TRIPP project will also become a semantic factor for peace and cooperation ...
01/28/2026Armenia's Foreign Intelligence Service: Unblocking regional communications and TRIPP project will expand opportunities for economy
Unblocking regional communications and implementing the TRIPP project will expand the economic and logistical capabilities of Armenia and the entire region, according to Armenia's Foreign Intelligence Service's (FIS) report "On the External Security Risks of the Republic of Armenia in 2026," which was provided exclusively to the Armenpress news agency. YEREVAN,...
01/20/2026Rubinyan: TRIPP project will benefit countries in the region, Central Asia, and Europe
Ruben Rubinyan, the Deputy Speaker of the National Assembly of Armenia, announced that the TRIPP project is being executed as part of Armenian-American collaboration and does not include the ... ... participation of other nations. The Deputy Speaker further indicated that the launch of the project and the reopening of regional communications will enable Armenia to establish rail connections with Iran and Russia, and Russia with Turkey, and beyond. In ...
01/19/2026Armenia and United States of America release joint statement on TRIPP project
... text of the following statement was released by the Governments of the Republic of Armenia and the United States on January 13 following a meeting of Armenian Foreign... ... President of Azerbaijan sign the Joint Declaration, which established a basis for opening communications for intra-state, bilateral, and international transportation. This TRIPP... ... optic networks · Supporting infrastructure – administrative facilities, utilities, safety and security systems in accordance with Armenian law The TRIPP Development Company...
01/14/2026In Armenia, 12-month inflation was 3.3% in December, with prices increasing by 1.2% over the month
In Armenia, inflation was 3.3% in December 2025 compared to December 2024, with a monthly increase of 1.2%. YEREVAN, January 12.... ... year-on-year (up 0.1% month-on-month), in the transportation sector, prices increased by 6.2% (down 0.6% month-on-month), in the communications sector, prices increased by 0.6% year-on-year (down 0.0% month-on-month), in recreation and culture, prices increased ...
01/12/2026Opening of regional communications is directly linked to the border delimitation process - Pashinyan
The opening of regional communications is directly linked to the border delimitation process, stated Armenian Prime Minister Nikol Pashinyan. YEREVAN, December 25. /ARKA/. The opening of regional communications is directly linked to the border delimitation process, stated Armenian Prime Minister Nikol Pashinyan. "If a railway, gas pipeline, or ...
12/25/2025Pashinyan: Development of EAEU integration must combine supranational mechanisms and sovereign decisions
... 2025, within which significant practical experience of cooperation has been accumulated, according to the press service of the Armenian government. Integration Benchmarks "Today, we are setting benchmarks for the further development of Eurasian economic ... ... opportunities for all countries in the wider region, contributing to strengthening economic resilience and expanding regional communications. Services and Economic Growth Speaking about the growing importance of the services sector in the economies of ...
12/22/2025Armenia and the United Kingdom prioritize deepening economic cooperation
Armenian Security Council Secretary Armen Grigoryan and U.K. Minister of State for Europe, North America, and the United Kingdom's ... ... opportunities for expanding cooperation between Armenia and the United Kingdom. The parties reaffirmed the importance of opening communications between Armenia and Azerbaijan, which will contribute to strengthening peace, stability, and prosperity in the ...
12/19/2025Eurasian Development Bank revises its 2025 economic growth forecast for Armenia upward
The Eurasian Development Bank (EDB) expects Armenia's economy to grow by approximately 6% by the end of 2025, said Alexey Kuznetsov, Head of the EDB's Research Directorate.... ... growth rate over the past 10 years. "The main growth drivers are high rates of construction, development of the IT and communications sectors, and the financial sector. Strong demand is also supported by expanding investment, which increased by ...
12/18/2025EU supports Armenia's democratic development and countering hybrid threats, says Armenian Foreign Ministry
EU member states expressed their support for Armenia's democratic development, strengthening its resilience, and countering hybrid threats, the press service of the Armenian ... ... According to the press release, in the context of regional developments, EU member states expressed support for the unblocking of communications and efforts to further strengthen peace between Armenia and Azerbaijan. "The meeting participants noted with ...
12/15/2025EU Commissioner for Home Affairs and Migration to visit Armenia in March next year
EU Commissioner for Home Affairs and Migration Magnus Brunner will visit Armenia in March 2026. YEREVAN, December 15. /ARKA/. EU Commissioner for Home Affairs and Migration Magnus Brunner will visit ... ... card system, universal health insurance, and other areas in Armenia. She added that Armenia will soon submit a candidate for a communications officer to Europol.
12/15/2025EIB and Ardshinbank launch €100 million partnership to boost business growth and job creation in Armenia
... loan agreement to expand access to finance for micro, small and medium-sized enterprises (MSMEs) and mid-cap companies across Armenia. YEREVAN, December 12. /ARKA/. European Investment Bank (EIB Global), the bank of the European Union, and Ardshinbank ... ... follows: S&P Global Ratings (BB- (Stable)), Moody’s (Ba3 (Stable)) and Fitch (BB- (Stable)). Ardshinbank contacts Marketing Communications Department: marcom@ardshinbank.am Tel. :(+37493) 47 92 89 Website/News: News , Office: ashb@ardshinbank.am
12/12/2025The Armenian-American joint venture TRIPP Company will implement the Trump Route project – Pashinyan
The Armenian side is holding intensive negotiations with its American counterparts on the general terms of the Trump Route for International ... ... the region, becoming another important factor in promoting peace. "In fact, the TRIPP project, along with the opening of communications between Armenia and Turkey, has every chance of becoming an important component of the Middle Corridor, ensuring ...
12/10/2025In November, 12-month inflation in Armenia amounted to 3.1%, with prices rising by 0.6% over the month
In November, the inflation rate over the past 12 months in the Armenian consumer market reached 3.1%, as reported by the Statistical Committee (Armstat). YEREVAN, December 3. /ARKA/. In ... ... month-on-month rise of 0.1%). The transportation sector saw a price increase of 5% (but a month-on-month decrease of 0.6%). In communications, prices rose by 0.6% year-on-year (with a month-on-month decline of 0.1%). The recreation and culture sector experienced ...
12/03/2025Armenia and Russia Discuss Modernizing Air Traffic Management Messaging
... YEREVAN, November 28. /ARKA/. A working group of specialists from the Russian State Air Traffic Management Corporation (ATM) and Armenia's Armaeronavigation met in Yerevan to discuss organizing interactions between communication centers with the transition ... ... Transitioning to the AMHS protocol will significantly increase transmission channel capacity and create a more reliable and flexible communications infrastructure, which is crucial for flight safety. As part of the transition to the new protocol, testing was conducted, confirming the full technical readiness of the communication ...
11/28/2025Armenia's GDP grew by 6.2% in the third quarter, reaching 3.07 trillion drams – official statistics
Preliminary data indicates that Armenia's GDP for the third quarter of 2025 experienced a 6.2% increase in comparison to the same quarter in 2024, as reported ... ... administration and related activities (18.4%). Additionally, double-digit growth rates were noted in two sectors: information and communications (17.6%) and finance and insurance (10.5%). Other sectors that demonstrated growth compared to the third quarter ...
11/20/2025Regional communications and border delimitation discussed by Grigoryan and Grono
On Tuesday, Armenian Deputy Prime Minister Mher Grigoryan received Magdalena Grono, the EU Special Representative for the South Caucasus and ... ... crisis in Georgia. The two discussed regional developments, touched upon the possibilities and importance of unblocking regional communications, and emphasized the importance of continuing the Armenian-Azerbaijani border delimitation process, the Armenian ...
11/18/2025Parliamentary delegations of Armenia and Azerbaijan discussed Washington Summit and confidence-building
The meeting of the Armenian and Azerbaijani parliamentary delegations took place on November 18 in Istanbul on the sidelines of the 23rd Autumn Session ... ... Azerbaijan”, the joint application to the OSCE on the dissolution of the OSCE Minsk Group mechanisms, the unblocking of regional communications within the framework of the principles of territorial integrity, sovereignty, and jurisdiction of countries and ...
11/18/2025Armenia aims to establish direct air travel with the United States.
During a meeting in Yerevan on Monday, Armenian Security Council Secretary Armen Grigoryan and US Under Secretary of State for Political Affairs Alison Hooker emphasized ... ... Council Secretary highlighted the importance of institutionalizing the peace process and reiterated efforts to unblock regional communications. In this regard, the parties deliberated on the "Trump Route for International Peace and Prosperity" ...
11/17/2025Secretary of Armenian Security Council and representative of European Commission discussed unblocking regional communications
On Friday, Armen Grigoryan, Secretary of the Armenian Security Council, discussed unblocking regional communications with Gert-Jan Koopman, Secretary General of the European Commission's Directorate-General for Enlargement and European Neighborhood Policy. YEREVAN, November 14. /ARКА/. On Friday, Armen Grigoryan, Secretary of the Armenian Security ...
11/14/2025ARKA News Agency Wins Armenia Digital Awards 2025 in Two Nominations
ARKA News Agency has won the prestigious national competition, Armenia Digital Awards 2025, in two key categories. YEREVAN, November 14. /ARKA/. ARKA News Agency has won the prestigious ... ... investors, and business media. About Armenia Digital Awards Armenia Digital Awards is a national award in the field of digital communications, technology, and media, created to recognize the achievements of Armenian companies, brands, and specialists in ...
11/14/2025Work is underway to distribute governing shares of Armenia and United States in company that will carry out e TRIPP project: Pashinyan
Armenia is in the process of developing a written regulatory framework for the Trump Route for International Peace and Prosperity ... ... entity in collaboration with the United States," he mentioned during the "Crossroads of Peace: Developing Regional Communications" conference on Friday. The Prime Minister indicated that the Board of Directors responsible for overseeing ...
11/14/2025Crossroads of Peace project enters practical phase – Pashinyan
The Armenian government's Crossroads of Peace initiative has transitioned into its practical phase, with the North-South project now ... ... nearing its final stage, is also of significant importance," he remarked during the Crossroads of Peace: Developing Regional Communications forum on Friday. The Prime Minister further emphasized that Armenia is prepared to support truck traffic along ...
11/14/2025Construction of "Trump Route" in Armenia to begin in the second half of 2026 – Pashinyan
... Prosperity) project are planned to be finalized by the end of this year. The project will be implemented at a very rapid pace, stated Armenian Prime Minister Nikol Pashinyan. YEREVAN, November 12. /ARKA/. All details of the TRIPP (Trump Route for International ... ... remarked during a government Q&A session in parliament on Wednesday. He elaborated on the specific route designated for the TRIPP communications. "For instance, the railway will follow the path that was in operation during the Soviet period; constructing ...
11/12/2025Baku and Yerevan still have much to do to make the normalization of bilateral relations irreversible, says Russian Foreign Ministry
Armenia and Azerbaijan still have much to do to make the process of normalizing bilateral relations irreversible, the Russian ... ... Nagorno-Karabakh conflict zone. "The process includes the signing of a peace treaty, the restoration of transport and economic communications in the interests of all countries of the South Caucasus and their immediate neighbors, the fair delimitation and ...
11/07/2025Russian wheat imported to Armenia via Azerbaijan will be tested – regulator (EXCLUSIVE)
The wheat imported into Armenia from Russia through Azerbaijan will be inspected by the Food Safety Inspectorate, the regulator's spokesperson, Anush Harutyunyan, told the ARKA news agency. YEREVAN, November 6. /ARKA/.... ... through Azerbaijani territory. Yerevan welcomed the Azerbaijani leader's move, emphasizing its importance for opening regional communications, strengthening mutual trust, and institutionalizing the peace established between Armenia and Azerbaijan.-0-
11/06/2025Armenian Prime Minister welcomes Russia's increased involvement in delivering goods by rail
Armenian Prime Minister Nikol Pashinyan welcomed Russia's increased involvement in delivering goods by rail. YEREVAN, November ... ... through Azerbaijani territory. Yerevan welcomed the Azerbaijani leader's move, emphasizing its importance for opening regional communications, strengthening mutual trust, and institutionalizing the peace established between Armenia and Azerbaijan.-0-
11/06/2025Armenia plans to organize import of various goods from Russia via Azerbaijan – Pashinyan
Armenia plans to organize the import of various goods from Russia via Azerbaijan, announced Armenian Prime Minister Nikol Pashinyan.... ... Azerbaijani territory. Yerevan welcomed the Azerbaijani leader's statement, emphasizing its importance for opening regional communications, strengthening mutual trust, and institutionalizing the peace established between Armenia and Azerbaijan.-0--
11/06/2025Russian wheat arrives in Armenia via Azerbaijan – Papoyan
The first shipment of Russian wheat has already arrived in Armenia, Minister of Economy Gevorg Papoyan announced. YEREVAN, November 6. /ARКА/. The first shipment of Russian wheat ... ... Azerbaijani territory. Yerevan welcomed the Azerbaijani leader's statement, emphasizing its importance for opening regional communications, strengthening mutual trust, and institutionalizing the peace established between Armenia and Azerbaijan.-0-
11/06/2025A train carrying grain from Russia will soon arrive in Armenia, the first time it is being delivered through Azerbaijan
A train carrying Russian grain will soon arrive in Armenia, the first time it is being delivered through Azerbaijan, announced RA Deputy Prime Minister Mher Grigoryan. YEREVAN,... ... wheat from Kazakhstan. Yerevan welcomed the Azerbaijani leader's statement, emphasizing its importance for opening regional communications, strengthening mutual trust, and institutionalizing the peace established between Armenia and Azerbaijan.
11/05/2025Russian and Kazakh wheat is heading to Armenia via Azerbaijan – Papoyan
Wheat of Russian origin is currently being transported by rail from Russia to Armenia via Azerbaijan, RA Minister of Economy Gevorg Papoyan announced on social media. YEREVAN, November 5. /ARKA/. Wheat of ... ... wheat from Kazakhstan. Yerevan welcomed the Azerbaijani leader's statement, emphasizing its importance for opening regional communications, strengthening mutual trust, and institutionalizing the peace established between Armenia and Azerbaijan.
11/05/2025The TRIPP project is important not only for Armenia but also for the countries of the region, the U.S., Russia, and China – Pashinyan
Armenia is actively working with its American partners to implement the TRIPP (“Trump Route”) project as quickly as possible,... ... According to him, connectivity and interdependence are key factors for ensuring security and stability. “The opening of regional communications in accordance with the August 8, 2025 Declaration is another crucial factor that will give peace a tangible form,...
11/04/2025Armenia intends to import wheat solely via rail from Kazakhstan and Russia-Papoyan
Armenian Minister of Economy Gevorg Papoyan expressed optimism that Armenia will import wheat exclusively by rail from both Kazakhstan ... ... Kazakhstan. Yerevan welcomed the statement from the Azerbaijani leader, highlighting its significance for enhancing regional communications, building mutual trust, and formalizing the peace between Armenia and Azerbaijan.-0-
11/04/2025Strategic partnership between Armenia and China rises to a new level - Pashinyan
The strategic partnership document signed between Armenia and China marks a new level of relations between the two countries, stated Armenian Prime Minister Nikol Pashinyan. YEREVAN,... ... said. Earlier, at a meeting with the Chinese leader, Pashinyan stated that Armenia's "Crossroads of Peace" regional communications project could be best aligned with China's "One Belt, One Road" initiative, which Armenia was one of ...
11/04/2025Armen Grigoryan discussed economic opportunities for projects in the region with advisor to President of the European Commission
During a working visit to Brussels, Armenian Security Council Secretary Armen Grigoryan met on Monday with Simon Mordue, diplomatic advisor to European Commission ... ... Peace and Prosperity" program, part of the "Crossroads of Peace" project, in the context of unlocking regional communications and the vast economic opportunities it offers. In this context, potential avenues for bilateral cooperation were ...
11/03/2025Pashinyan and Macron emphasize strategic importance of Armenian-French relations
At a meeting in Paris on Thursday, Armenian Prime Minister Nikol Pashinyan and French President Emmanuel Macron emphasized the strategic importance of bilateral ... ... territorial sovereignty and the strengthening of peace. They exchanged also views on the TRIPP project and steps to unblock communications in the region. The Armenian Prime Minister presented ongoing work in this context. Pashinyan and Macron also discussed ...
10/30/2025Pashinyan and new British Ambassador to Armenia discussed boosting trade and economic ties
Armenian Prime Minister Nikol Pashinyan and the newly appointed Ambassador Extraordinary and Plenipotentiary of the United Kingdom ... ... They also discussed normalizing relations between Armenia and Azerbaijan, establishing peace, and steps to unblock regional communications.-0- --
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