Estonian Foreign Minister Margus Tsahkna said Estonia is ready to share its expertise with Armenia, supporting Armenian companies in exploring new markets and reducing economic dependence on Russia.
Asked at a joint press conference with Armenian FM Ararat Mirzoyan about potential new markets for Armenian businesses, Tsahkna said practical steps are already underway.
“We have launched a practical seminar aimed at supporting companies in discovering new opportunities in the global market,” he said.
Tsahkna emphasized that Estonia has already gone through a similar process to reduce its dependence on the Russian market.
“We were highly dependent on the Russian market, but after the 1999 economic crisis, we realized that one cannot have such heavy reliance on a single market.” he added.
According to him, that experience has shown that such dependence can create serious risks for businesses, which led Estonian companies to actively expand into global markets.
The Estonian Foreign Minister noted that his country is ready to support Armenian businesses through both public and private sector cooperation.
“We can open doors for your businesses, but it is also very important to maintain continuous efforts in this direction,” he said.
Tsahkna added that this is not only about European markets, but broader global opportunities.
“We are talking about global markets where we can work together,” he emphasized.
He also noted that Armenia is currently undergoing significant economic changes, and that the business sector is a key component of this process.
Published by Armenpress, original at
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