Armenian Prime Minister Nikol Pashinyan stated that his country is entering a new stage of economic development, made possible by establishing peace with Azerbaijan.
According to Pashinyan, infrastructure projects, primarily TRIPP (“Trump’s Route for International Peace and Prosperity”), will play an important role in this process. This project should finally bring the country out of transport isolation.
Pashinyan noted that Armenia has already effectively overcome the blockade: railway transportation is possible both through the territory of Azerbaijan and through Georgia, including for exports.
He separately emphasized the importance of the future opening of a railway connection within the framework of agreements with Azerbaijan. According to the political agreements reached, this route will be permanent and will not be closed, which will create a reliable channel for import and export.
The Prime Minister of Armenia also noted that since 2018, the country’s economy has grown significantly — according to his estimates, the gross domestic product has increased by approximately 53%. This indicates a transition to a new stage where relations between business, the state, and employees should develop in a new way.
Pashinyan emphasized the importance of business’s role in these changes. He noted that many companies bring new thinking, culture, and open up new development opportunities to the country. According to him, Armenia is now facing unprecedented prospects, and the main task is to effectively utilize them.
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