The only direction where we have a significant decline in the export of products of Armenian origin is the market of the Eurasian Union, Papoyan stated.
24-09-2026 15:38 Armenia Economy
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The export of Armenian-origin products to the European Union increased by about 70 percent from January to August 2026. A significant decline has been recorded in the Eurasian Economic Union market. This was reported by the Minister of Economy, Gevorg Papoyan, during a government meeting.
Papoyan noted that the decrease in exports towards the EAEU is due to the restrictions imposed by Russia on Armenian products, as well as the volumes of the harvest.
«The only direction where we have a significant decline in the export of Armenian-origin products is the market of the Eurasian Union,» Papoyan stated, adding that the export of Armenian-origin products to India has increased by 2.1 times, while to the United Arab Emirates it has risen by about 45-46 percent:
* This text was automatically translated by Artificial Intelligence (AI).
