Translated with AI from the Russian original.

Armenia has joined the international US initiative Trade over Aid, which aims to develop trade, attract private investment, and enhance the economic resilience of participating countries.

The accession was announced by Armenian Deputy Foreign Minister Robert Abisoghomonyan during an international forum in New York. According to him, the new cooperation model emphasizes expanding trade opportunities, investment interaction, and creating long-term economic conditions for growth, rather than financial support.

At the forum, the Armenian side presented the "Trump Route for International Peace and Prosperity" (TRIPP) project, as well as artificial intelligence initiatives, as examples of strategic cooperation with the United States.

Abisoghomonyan noted that Armenia's economic policy is aimed at diversification – expanding access to new markets and transport routes, as well as reducing dependence on individual industries.

As part of the transition to a knowledge and technology-based economy, Armenia plans to develop innovations, support small and medium-sized businesses, and invest in human capital.

The Trade over Aid platform brings together UN countries, the private sector, and international organizations to create a more favorable business environment and stimulate economic growth based on market principles. The initiative officially launched on April 27, 2026.

Now on the front page

Armenian educational centers TUMO and ArMath may appear in Kyrgyzstan

Armenian educational centers TUMO and ArMath may appear in Kyrgyzstan

Yerevan and Bishkek will also expand cooperation in AI and digital technologies

Armenia implements CATL battery-based energy storage systems

Armenia implements CATL battery-based energy storage systems

Auto Gallery expects to provide services for their maintenance, extension of service life, and subsequent disposal

Profal to invest $10 million in production in Armenia

Profal to invest $10 million in production in Armenia

The company will create 100 jobs and expects to increase exports

An analytical center for the mining industry will be created in Armenia

An analytical center for the mining industry will be created in Armenia

The new platform will unite the state, business, and industry experts

Amulsar mine to bring Armenia up to $130 million in taxes per year

Amulsar mine to bring Armenia up to $130 million in taxes per year

Gold mining can provide up to 2% of the country's GDP and significantly increase exports

Armenia to subsidize the purchase of energy storage systems for solar power plants

Armenia to subsidize the purchase of energy storage systems for solar power plants

The state will compensate part of the interest rates on loans and leases for up to seven years

Pashinyan proposed linking transport projects of Armenia and Kyrgyzstan

Pashinyan proposed linking transport projects of Armenia and Kyrgyzstan

TRIPP could open new opportunities for regional trade routes

Armenia to digitalize control over the mining industry

Armenia to digitalize control over the mining industry

The new system will allow online tracking of violations and risk assessment

Armenia's mining industry plans to use electric trucks

Armenia's mining industry plans to use electric trucks

Auto Gallery intends to evaluate the performance and economic efficiency of new solutions

Armenia and Kyrgyzstan to expand cooperation in economy and technology

Armenia and Kyrgyzstan to expand cooperation in economy and technology

The parties also agreed to develop transport links and signed a number of agreements

New TUMO platform for teenagers to open in Gyumri

New TUMO platform for teenagers to open in Gyumri

The educational project will cover the Mush district

AI camera installed in Armenia to protect wildlife

AI camera installed in Armenia to protect wildlife

The system continuously detects fires and poachers