ArmInfo. The potential for developing trade and economic cooperation between Armenia and France and increasing Armenian exports were discussed during a meeting on June 29 between Gevorg Papoyan, head of the Armenian Ministry of Economy, and Olivier Decottignies, French Ambassador to Armenia.
According to the press service of the Armenian Ministry of Economy, Minister Papoyan emphasized that export diversification remains a key priority for the Armenian government. In this context, he highlighted the importance of increasing the presence of high-quality Armenian products within European Union markets, including France.
The discussion focused on enhancing business ties between Armenian producers and French companies, the organization of B2B meetings, and the effective promotion of Armenian products within the French market.
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, reaching $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 – imposed restrictions on the export of agricultural products and flowers from Armenia to the markets of the Eurasian Economic Union (EAEU). The agencies' official statements stated that the reason for these restrictions was the identified violations.
Armenia traditionally exported approximately 90% of its fresh agricultural produce to the Russian market. Due to the current situation and the challenges facing Armenian producers, the government has developed several programs to support exports to European markets, including compensation for transportation costs and customs duties. In addition, farmers are exempt from credit obligations for a six-month period in order to find new sales markets.
