
ArmInfo. Armenian Economy Minister Gevorg Papoyan met with Cyprus Minister of Agriculture, Rural Development, and Environment Christos Senekis on the sidelines of COP17.
According to the Ministry of Economy's statement, the parties discussed opportunities to deepen economic cooperation and exchange agricultural expertise.
Regarding the Armenian government's export diversification policy, Gevorg Papoyan emphasized the importance of establishing business ties between Armenian exporters and Cypriot buyers to expand the presence of Armenian products in the Cypriot market.
During the meeting, a broad economic agenda was also discussed, including opportunities to expand mutually beneficial cooperation between the two countries.
It should be noted that, according to the Statistics Committee, in January-August 2026. Trade turnover between Armenia and Cyprus increased 9,3 times, amounting to $15.2 million. At the same time, exports increased 2,2 times to $2.7 million, against the backdrop of import growth of 19,6 times - to $13 million.