EU alignment is our strategic priority - Gevorg Papoyan

ArmInfo.EU alignment is our strategic priority.  Armenian Minister of Economy  Gevorg Papoyan stated this in an interview with Forbes.  He stated  that the state is adopting European standards, legislation, and  certification systems to improve trade access and  product quality.

The Minister explained that this includes investments in  laboratories, quality control, and regulatory bodies.  In this  regard, he emphasized that Armenian government support is  increasingly focused on businesses producing high-tech products that  meet EU benchmarks.

"At the same time, we are strengthening institutional capacity to  manage these transitions. EU integration pushes us to modernize  across the board, from legal frameworks to digital infrastructure,  and brings us closer to a sustainable and competitive economic model  that benefits all Armenians," the Minister emphasized. 

Note that, according to the RA Statistics Committee, foreign trade  turnover between Armenia and the EU increased by 9.6% in January-July  2025, reaching $1.4 billion. Specifically, exports increased by 4.5%  to $346.7 million, while imports increased by 11.5% to $1.05 billion.   The EU's share of total foreign trade increased to 12.2% over the  year, including 7.8% of exports and 15% of imports.