ArmInfo. Rosselkhoznadzor (Rosselkhoznadzor) conducts monthly monitoring of products from Armenia entering the Russian market, Sergei Dankvert, head of  Rosselkhoznadzor, told TASS in an interview at the St. Petersburg  International Economic Forum.

ArmInfo.Tigran Petrosyan, Head of the Food Safety Inspection Body of Armenia, held an emergency meeting with local fish farmers and seafood producers to address current industry bottlenecks and future export prospects.

ArmInfo. The Armenian government will support agricultural exporters amid restrictions imposed by the Russian Federation.

ArmInfo.  Rosselkhoznadzor will impose temporary restrictions on the import of pome fruits, eggplants, potatoes, and dried fruits originating and shipped from Armenia, as well as on the transit of these products to EAEU member  states, effective June 3, 2026, due to the lack of mechanisms for  confirming the arrival of quarantine products by these countries.

ArmInfo.  "We aim to increase exports to the EU by 4-5 times by the end of the year," Armenian Economy Minister Gevorg Papoyan told reporters on June 1 during a campaign event.

ArmInfo. If restrictions are imposed on the Russian market, Armenia is ready to completely reorient its exports to European countries. Armenian media reports that Armenian Minister of Economy Gevorg Papoyan stated this.

ArmInfo.  Laboratory analysis has revealed no deviations from safety or quality standards in "Jermuk" mineral water products. This information was confirmed to ArmInfo by Anush Harutyunyan, Press Secretary of the Food Safety Inspection Body (FSIB) of Armenia.  She noted that following the  sampling and analysis of the "Jermuk" products, the concentrations of  hydrocarbornates, sulfates, and chloride ions were found to fully  comply with the standards established by the technical regulations of  the Customs Union.

ArmInfo.Russian markets will not be negatively impacted by restrictions on the import of certain goods from Armenia. Russian Minister of Economic Development Maxim Reshetnikov told Izvestia on May 29.

ArmInfo.Armenia faces an imminent transition to a persistent regime of agricultural imports, according to Vahe Davtyan, political analyst and Doctor of Political Sciences.

ArmInfo. Starting May 30, 2026, Russia's Federal Service for Veterinary and Phytosanitary Supervision (Rosselkhoznadzor) is introducing temporary restrictions on the import of fresh tomatoes, cucumbers, peppers, green crops, and strawberries originating from and shipped from Armenia. These restrictions will remain in place until a corresponding mechanism is developed to ensure the safety of the shipped products, according to a statement by the Russian inspection agency.

ArmInfo.Over nearly 25 years of operations in Armenia, the German-Armenian Fund (GAF) has attracted over EUR700 million in credit resources from international financial institutions, which have been provided to the country's SME sector through banks and credit companies. Daniel Azatyan, Chairman of the Union of Banks of Armenia (UBA), announced this during the opening of the forum "SME Sector: Impact and Development Challenges," specifying  that approximately 350,000 loans have been issued, with the portfolio growing threefold.

ArmInfo.Edgar Mkrtchyan, Deputy Minister of Finance of of Armenia participated in a series of high-level discussions and events as part of the 2026 Spring Meetings of the World Bank (WB) and the International Monetary Fund (IMF).

ArmInfo. The Central Bank of Armenia is currently participating in the 2026 IMF-WB Spring Meetings in  Washington. According to the Central Bank of Armenia, the event began on April 13 and will continue until April 18. Deputy Governors Armen Nurbekyan and Hovhannes Khachatryan are representing the Central Bank  at the event.

ArmInfo. The World Bank (WB) has improved its GDP growth forecast for Armenia in 2026-2027 to  5.3-5.1% from the previous 4.9-4.7% (compared to an actual acceleration in growth in 2025 from 5.9% to 7.2% - Ed.), as stated in the WB's Europe & Central Asia Economic Update: Industrial Policy,  published on April 8.

ArmInfo.The Central Bank of Armenia forecasts a GDP growth of 7.1-4.7% in 2026 and then 5.7-5.3% in 2027, also expecting an improvement in foreign trade dynamics. As a result, the absolute value of GDP will increase to 12.6-12.2 trillion drams (in 2026 from an actual 11.3 trillion drams in 2025), with subsequent growth to 13.8-13.3 trillion drams in 2027, as noted in the Central Bank of Armenia's March report, "Monetary Policy for Q1 2026."

ArmInfo.IDBank introduces IDDistributor, an innovative digital platform that combines payment automation and access to working capital in one integrated solution. This initiative is co-financed by RECONOMY—an inclusive and green economic development program funded by Sweden and implemented by Helvetas.

ArmInfo. Armenia ranks 69th with $1.41 billion (5.5% of GDP) in the World Bank's (WB) unified statistics on defense spending for 2024. According to Georgian Business Media, the World Bank published unified statistics on defense spending by countries worldwide, according to which the global defense budget in 2024 will reach a record $2.65 trillion, representing an annual increase of $265 billion. Defense spending has grown by $600 billion over four years.

ArmInfo. In January 2026, Armenia experienced a boost in its economic activity, with annual  growth rising from 7.1% to 7.6%. At the same time, the decrease in the foreign trade slowed down. According to the latest data from the RA Statistics Committee, the main drivers of annual growth were the  construction, energy, and industrial sectors, while the services sector made a modest contribution and the trade sector had a negligible impact. 

ArmInfo.World Bank Country Director for Armenia Fabrizio Zarkone, at a meeting with Arsen Torosyan, Minister of Labor and Social Affairs, in Yerevan, reaffirmed the Bank's commitment to developing the country's social  protection system and advancing the "Job Creation and Social Inclusion" program.

ArmInfo.Regardless of whether we raise the minimum wage or not, wages in the real sector are growing, including thanks to competition," as stated by Minister of Labor and Social Affairs Arsen Torosyan, in response to a parliamentarian's question during a government hour about the government's unfulfilled promise to raise the minimum wage from 75,000 drams to 85,000 drams according to the government's 2021-2026 program.