Tuesday, May 5 2026 19:09
Alina Hovhannisyan

Economy Minister: Armenia open to Emirati investments

Economy Minister: Armenia open to Emirati investments

ArmInfo.Armenia is open to Emirati investments in logistics, infrastructure, renewable energy, tourism, high technology, agriculture, industry, and other areas, as stated by Armenian Minister of Economy Gevorg Papoyan during a meeting with Omran Sharaf, Deputy Foreign Minister of the United Arab  Emirates (UAE) for Advanced Science and Technology, and Nariman Al- Mulla, UAE Ambassador to Armenia.

Praising the close economic cooperation that has developed between  Armenia and the UAE in recent years, the Minister emphasized that our  country is interested in importing high-quality products and advanced  technologies from the UAE, as well as implementing investment  programs aimed at modernizing the economy.

During the meeting, Papoyan discussed the "Crossroads of Peace"  project initiated by the Armenian government and its individual  components. He highlighted the significance of the project for the  peaceful and sustainable development of the region.

It should be noted that, according to the Statistics Committee,  foreign trade turnover between Armenia and the UAE decreased by 60%  in 2025. At the same time, export volumes decreased by 60.9% to  $2.054 billion, while imports fell by 4.1% to $79 million.