Free Trade in South Caucasus

Armenia: Scaling Up Trade Potential

The policy paper "Armenia: Scaling Up Trade Potential" examines Armenia’s trade dynamics and its role in promoting regional commerce in the South Caucasus. Using the Trade Complementarity Index, it identifies products and sectors with high potential for trade between Armenia, Georgia, and Azerbaijan. The paper also addresses barriers to trade, opportunities for reducing import dependency, and the role of Armenia’s EAEU membership in shaping its economic relationships. Despite geopolitical challenges, the study underscores how targeted strategies and collaboration can unlock significant regional trade opportunities.

Why should it be read?
"Armenia: Scaling Up Trade Potential" provides essential strategies for policymakers, business leaders, and trade analysts looking to enhance Armenia’s economic position and foster regional cooperation. It highlights untapped trade opportunities and offers actionable recommendations to strengthen Armenia’s role in South Caucasus trade integration.