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Armenia's Deputy Prime Minister Calls for a Balanced Approach in Relations with Russia

Mher Grigoryan
Arshaluis Mgdesyan
27.09.24 13:15
57

Mher Grigoryan, Armenia's Deputy Prime Minister, acknowledged existing issues in Armenian-Russian relations and called for resolving them. His statement came during a conversation with journalists at the Yerablur Memorial Complex.

"Undoubtedly, there are problems in our relations, not only with Russia. Nevertheless, I believe we must find a balance and work to eliminate all these obstacles," Grigoryan said. He emphasized that the current global situation is quite complicated, especially in the region.

The Deputy Prime Minister pointed out that in such conditions, many questions arise, for which there are no comprehensive answers yet. "I think we need to try to understand the explanations and make the right decisions," he added.

Earlier BMG reported that Armenian-Russian relations are currently experiencing a crisis. Amid rising tensions, Armenia successfully pushed for the withdrawal of Russian border guards from Yerevan’s Zvartnots Airport, marking another escalation in bilateral disagreements.

Despite increasing frictions between Yerevan and Moscow, trade and economic ties between the two countries continue to develop actively.

According to Armenia's Statistical Committee, Russia remains the leading trade partner of Armenia. From January to July this year, trade turnover with Russia increased by 2.4 times, amounting to over $9 billion.

However, exports to Russia fell by 22.4%, dropping from $2.1 billion last year to $1.6 billion in the first seven months of 2024, while imports from Russia increased 4.4 times, reaching approximately $7.5 billion.

During the reporting period, Russia's share in Armenia's foreign trade also grew from 36% last year to 44.4%.

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