Economy Minister: Armenia interested in deepening collaboration with  Great Britain

ArmInfo.  Armenia is interested in deepening collaboration with Great Britain in  the  areas of joint industrial production, free economic zones, and innovative entrepreneurship, as stated by the Minister of Economy of Armenia, Gevorg Papoyan, during a meeting with the British Ambassador to  Armenia John Gallagher, who is concluding his mission in Armenia.

According to the press service of the Ministry of Economy,  the  meeting involved discussions on the possibilities of bilateral  cooperation, the steps taken by the Ministry to diversify the  economy, and the export strategy recently adopted by the Government  of Armenia. They also considered the investment potential of Great  Britain for possible investments in the free economic zones of  Armenia. Gevorg Papoyan thanked Ambassador Gallagher for his work,  emphasizing his significant contribution to expanding economic  cooperation between the two countries. 

Note that according to the RA Statistical Committee, the foreign  trade turnover between Armenia and the UK in the first half of 2025  amounted to $49.8 million. This figure is 5% lower than the previous  year.  Exports decreased by 81.4% to $368,000, while  imports  declined by 2%  to $49.4 million.