Tag: economic

Although Italy and Armenia have a long history of ties, Italy’s current economic interests and choice of strategic partners leave little room for maneuver in support of Armenia or Artsakh.

Following Russia’s invasion of Ukraine, several Russian financial institutions were disconnected from SWIFT. Justin Tomczyk explains what SWIFT is and how blocking Russia from accessing it could impact the Armenian economy.

While there have been some positive developments in the Armenian dairy industry, its further development is being hampered by a number of factors. Economist Suren Parsyan explains.

A new tax hike on copper concentrate, molybdenum concentrate and ferromolybdenum places a burden on a sector that is critical to Armenia’s balance of payments and was implemented with an unwelcome urgency reducing regulatory certainty for potential investors.

The IT sector in Armenia is a strategic direction for the development of the country thanks to the relatively high level of scientific and educational potential of the population, and also one of the highest paid sectors.

Armenia and China share a rich history in which mercantilist Armenians played a noteworthy role in the exchange of goods along the Silk Road. Although the Armenian state today is vastly different from a millennium ago, that industrious character remains in the Armenian spirit.

Compared to other markets in the Armenian economy, the telecommunications and communications market is highly competitive. Economist Suren Parsyan breaks it down.

On the path to becoming a serious player in the global tech sector, Armenia needs to foster an environment that allows technology companies to achieve their business goals, which includes legal institutions to resolve complex disputes.

Lucrative economic ties with Azerbaijan have influenced the United Kingdom, Italy and Hungary, among others, in their stance during and after the 2020 Artsakh War.

There are a number of obstacles and barriers within the internal market of the EAEU. If solved quickly and effectively, it can create opportunities for mutual trade to grow, making it a productive vehicle for regional integration.