Monday, May 25 2026 11:58
Alina Hovhannisyan

Chinese business delegation arrives in Yerevan

Chinese business delegation arrives in Yerevan

ArmInfo. A large business delegation from China has arrived in Yerevan. It includes representatives of leading companies operating in various sectors, including investment, industrial, legal, transportation, agriculture,  and culture.

The delegation also included heads of international investment and  entrepreneurship platforms operating in various countries as part of  the Belt and Road Initiative.

The Chinese business mission met with representatives of the  International Business Relations (IBRS), during which the parties  discussed opportunities for expanding economic cooperation between  Armenia and China, prospects for developing the investment  environment, and the implementation of joint projects in various  fields.

They emphasized the importance of long-term and sustainable  cooperation aimed at attracting investment, opening new markets, and  deepening economic, technological, and cultural ties between the two  countries.

"China continues to be an important and promising new market for  Armenia, creating significant opportunities for expanding economic  cooperation. Armenian producers can expand their exports by entering  the Chinese market, forming new partnerships, and strengthening their  presence on the international stage," the IBRS statement said.

According to the Statistical Committee of the Republic of Armenia,  trade turnover between Armenia and China increased by 19.6% in the  first quarter of 2026, reaching $701.7 million. Exports increased  2.3-fold to $251.3 million, while imports declined by 6.1% to $450.4  million.

For the entire year of 2025, mutual trade volume declined by 6.5%,  reaching $2.6 billion. Exports totaled $763.6 million, a 30.4%  year-on-year decline, while imports grew by 8.8% to $1.9 billion.