Russia expects twofold decline in trade with Armenia in 2025 — Deputy PM Overchuk

Business & Economy September 04, 2025, 13:05

Alexey Overchuk noted that trade between Russia and Armenia has already decreased significantly

VLADIVOSTOK, September 4. /TASS/. Russia expects trade with Armenia to fall by half by the end of the year compared to 2024, Russian Deputy Prime Minister Alexey Overchuk told reporters.

"As for trade between Russia and Armenia, it has decreased, it has already decreased significantly, and we expect it to fall by half by the end of the year compared to last year. This means that last year it was worth $12.4 bln, while this year it will probably be worth around $6 [bln], maybe a little more," he said on the sidelines of the Eastern Economic Forum (EEF).

The 10th Eastern Economic Forum is taking place in Vladivostok from September 3 to 6 under the theme "The Far East: Cooperation for Peace and Prosperity." The business program features more than 100 thematic sessions divided into seven tracks. The forum has brought together over 4,500 participants from more than 70 countries and territories. The Roscongress Foundation is the organizer of the EEF, with TASS as its general information partner.

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