News on industries and services in Armenia

Provided by AGP

AGP Executive Report

Last update: 4 hours ago

Russia-EU Pressure: Moscow is warning Armenia to quickly choose between the Russian-led EEU and EU integration, with Deputy PM Alexei Overchuk saying support would stop “at our own expense” if Yerevan goes West. Macroeconomic Pulse: Armenia’s economic activity cooled to 6.6% in March (from 7.2%), with construction still strong (+24%) while manufacturing growth slowed sharply; inflation rose to 5.3% y/y in April, driven mainly by food. Election Watch: With Armenia’s June 7 vote approaching, the campaign is sharpening around the peace process and constitutional change, while pro-Russian opposition groups press fears of more concessions. Cultural Shock: Armenian church leaders and rights groups condemned Azerbaijan after satellite-confirmed demolitions of two churches in Stepanakert/Khankendi. Digital Banking: Unibank rolled out biometric identification in its UNIMobile app, enabling full remote onboarding and services. Regional Trade Signals: Turkey is moving toward easier customs declarations for goods linked to Armenia, a small but notable step in normalization talks.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

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