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A business forum entitled “Investment Opportunities in Armenia” was held at the Armenian Ministry of Foreign Affairs and International Trade, bringing together representatives of government and business circles from Armenia and Poland.
Armenian Deputy Minister of Foreign Affairs and International Trade Vahan Kostanyan noted that with the ministry’s new name, they now have more obligations and responsibilities, as well as an opportunity to engage with representatives of the business communities of partner countries.
It should be recalled that the Armenian Ministry of Foreign Affairs has been renamed the Ministry of Foreign Affairs and International Trade.
“The first delegation we are hosting is from Poland, which is a very friendly and important partner for us in the European Union. Political relations between Armenia and Poland have been deepening in recent years, and at the same time, it is encouraging that we are seeking to bring economic ties and relations between the two countries to the level of our political relations. If we look at last year’s trade figures, we can see steady growth: in 2025, trade turnover amounted to around €19 million, increasing by approximately €12 million in just one year,” the Deputy Minister said.
He added that during several months of the current year, Armenia has faced economic difficulties regarding the export of Armenian products, mainly agricultural products, and Poland was one of the first countries to offer its support, with the Polish market opening up to Armenian agricultural products.
“I would like to thank both the Polish government and representatives of the Polish business community who played an active role in promoting exports from Armenia to Poland. The composition of the delegation arriving from Poland today gives me confidence and hope that we can have very productive discussions aimed at further strengthening economic ties between our two friendly countries,” Kostanyan said.
Polish Secretary of State at the Ministry of Foreign Affairs Marcin Bosacki, in turn, described the Polish delegation’s visit as exceptional, adding that it includes representatives of 15 companies representing leading enterprises from various sectors, ranging from traditional industry to banking and IT. According to Bosacki, all 15 companies have a high level of professional expertise in their respective fields.
“Our cooperation is based on concrete working platforms. The latest, eighth meeting of the Armenian-Polish Intergovernmental Commission on Economic Cooperation was held in Warsaw 10 months ago. At that time, we signed the 2025-2027 cooperation roadmap, which covers trade, industry, transport, IT and agriculture. Nevertheless, the volume of our bilateral trade remains relatively modest. At the same time, we all agree that there are enormous opportunities and potential for growth,” Bosacki said.
He recalled that during Armenian Prime Minister Nikol Pashinyan’s latest visit to Warsaw, Pashinyan and his counterpart Donald Tusk highlighted Armenia’s strategic orientation towards Europe and stressed their intention to cooperate more closely on economic and infrastructure projects.
“The Armenian market is recognised as a market with great potential not only by the Polish government but also by Polish business circles. We very much welcome the ‘open-door’ policy you have adopted towards foreign investment, including investment from the EU and Poland,” Bosacki said.
According to him, the main expectations related to the Polish delegation’s visit are focused on two areas. The first is establishing valuable partnerships, and the second is gaining practical insight into investment incentives and financing mechanisms during an upcoming meeting with Enterprise Armenia.
He expressed his readiness to share the experience of economic and institutional transformation over the past three decades as an official of a country that has gone through that path and achieved success.
“I would like to assure you that Polish investors operating here can fully rely on the support of the Polish government, and I am confident that this business mission, which I have the honour of leading, will be another example of that. The Polish Ministry of Foreign Affairs, the Polish Embassy in Yerevan, represented by Chargé d’Affaires Mateusz Rolig, as well as the Polish Trade and Investment Agency, are ready to assist in overcoming any obstacles and challenges that may arise,” Bosacki concluded.
Armenian Deputy Minister of Economy Arman Khojoyan, in turn, noted that over the past three months, the Armenian side has hosted numerous business delegations, among which the Polish delegations have stood out for their activity.
“During those meetings, we became convinced that the more we communicate and exchange information with each other, the more new opportunities for cooperation emerge. Of course, the last three months in particular have been somewhat turbulent from an agricultural perspective. Here, I would also like to express my sincere gratitude to all those individuals and companies that have made efforts to establish new supply chains, thereby strengthening our economic cooperation. Over the past five or six years, the Armenian government has been making significant investments in the private sector, developing new sectors,” Khojoyan said.
According to him, it is evident that this is also leading to an increase in GDP per capita, which has doubled over the past five years.
“Various state support programmes are creating new opportunities not only to develop local industry but also to attract investors to Armenia. We hope that through joint efforts and by combining available resources, we will create new opportunities for prosperity and growth. I would like to emphasise that Armenia’s Ministry of Economy and the government are also interested in such practical cooperation, seeking to eliminate all unnecessary bureaucratic obstacles and promote cooperation as quickly as possible,” the Armenian Deputy Minister of Economy said.