Armenia Finds Itself Torn Between Russia And The West

Armenia Finds Itself Torn Between Russia And The West

Armenia Finds Itself Torn Between Russia And The West

As international sanctions bite Russia and many Western companies have stopped doing business in the country, Moscow has tried to fill the gaps with a program it calls “parallel imports.” Armenia has reported a nearly 50 percent increase in trade with Russia, raising questions about what part Armenia is playing in supplying Russia with the foreign goods its economy needs. While the data are inconclusive about whether Armenian companies are in fact engaging in parallel exports, or re-exports, the raw trade numbers have caught the attention…