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South Caucasus News

Armenia’s economic dependency: Trade growth or political illusion?


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The geopolitical landscape of the South Caucasus is undergoing significant changes, particularly in light of the ongoing conflict in Ukraine and the West’s subsequent sanctions on Russia. While some countries in the region, like Azerbaijan and Georgia, have shown more restrained trade relations with Russia, Armenia has seen a dramatic surge in its economic ties with Moscow, particularly during the tenure of Prime Minister Nikol Pashinyan.