ArmInfo. Armenian Economy Minister Gevorg Papoyan received the heads of the European Union diplomatic missions accredited in the Republic of Armenia, as well as their chargés d'affaires.
According to the ministry's press service, the participants discussed ways to strengthen Armenia's economic resilience and development. They emphasized the importance of expanding export opportunities for Armenian products and facilitating trade.
Minister Gevorg Papoyan noted that Armenian products are comparable in quality to those available on the European market and meet the highest standards, including GLOBALG.A.P. certification and other necessary certificates.
"We have made significant progress in improving the business environment and raising quality standards." Today, many Armenian companies are ready not only to increase exports but also to build long-term partnerships with European buyers," the minister noted.
The parties also discussed the implementation of export support programs to the EU and other countries, as well as existing state support instruments.
At the end of the meeting, the minister answered questions and presented state policy and priorities for industry development.
It should be noted that, according to the RA Statistics Committee, foreign trade turnover between Armenia and the EU increased by 45.2% in January-April 2026, amounting to $1.058 billion. Exports increased by 97.3% to $355.7 million, while imports grew by 28% to $702.9 million.
It should be noted that the Russian authorized bodies – Rospotrebnadzor and Rosselkhoznadzor – have imposed export restrictions. Agricultural products and flowers from Armenia were exported to markets in the Eurasian Economic Union (EAEU). The reason, according to official government reports, was the identified violations.
At the same time, Armenia traditionally exported approximately 90% of its fresh agricultural produce to the Russian market. Due to the current situation and the difficulties facing Armenian producers, the government has developed several programs to support exports to European markets, including compensation for transportation costs and customs duties. Furthermore, farmers have been exempted from loan obligations for a six-month period to help them find new markets.
