AGP Executive Report
Last update: an hour agoEAEU Stability Debate: Armenia’s parliament speaker Ruben Rubinyan said Armenia cannot be expelled from the Eurasian Economic Union because no such mechanism exists, after lawmakers questioned what would happen if Yerevan left or were removed. Trade & Market Access: The National Assembly ratified the EAEU–Indonesia free trade deal, aiming to cut or eliminate customs duties for most product lines over three years, with preferential access for 90%+ of nomenclature. Energy Watch: Gazprom Armenia will suspend Russian gas supplies for 10 days (Sept 15–25) for pipeline maintenance, with Iran volumes and reserves covering the gap. Macroeconomic Snapshot: The World Bank reported Armenia’s economic activity grew 7.7% year-on-year in Jan–July, led by construction and non-trade services, while the trade deficit widened to about 10% of estimated annual GDP as exports fell and imports rose. Russia Reexports Boost: Armenia’s smartphone reexports to Russia surged—about 1.27m handsets worth ~$400m shipped, helping keep some trade momentum despite broader Russian restrictions. State Asset Reform: The government is shaping a new model for managing state assets, focusing on digitalization, valuation, transparency, and stable budget revenues. EU Business Angle: Poland says it’s ready to help expand Armenia–EU trade and a delegation of 15 major Polish firms is in Yerevan exploring deals.
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