Armenian economy minister, Sweden’s new ambassador discuss expansion of ties

Minister of Economy Gevorg Papoyan held a meeting with Sweden’s new ambassador to Armenia Eva Sundquist.

Papoyan congratulated the ambassador on her appointment and expressed hope that, during her diplomatic mission, economic cooperation between the two countries would further expand to include new sectors, the ministry said in a press release.

During the meeting, the minister briefly outlined the main principles of the Armenian government’s economic policy, aimed at promoting sustainable economic growth, improving the business environment, and attracting investment.

“For companies from European Union countries, our government has introduced a simplified licensing procedure in sectors such as construction, transport, postal services, and security, which can also be utilized by Swedish companies,” Minister Gevorg Papoyan said.

In his remarks, the minister also touched upon the 2025–2030 export strategy, which is based on diversifying production, increasing the competitiveness of Armenian products, and promoting Armenian companies’ output in new markets. In this context, Papoyan emphasized the importance of exchanging experience and technology with Sweden.

The discussion also covered a range of issues related to expanding Armenia-Sweden trade and economic relations, developing SMEs, public-private dialogue, and cooperation in the fields of agriculture and the green economy.

Both sides emphasized the importance of organizing B2B meetings to expand cooperation between the business communities of the two countries and to enhance mutual awareness.

Papoyan’s deputy Anushik Avetyan also participated in the meeting.