While struggling with the processes we are currently experiencing, we must invest every day to ensure peace in our lives. At the same time, establishing economic relations is also of great importance. As already mentioned, we have started trade with Azerbaijan.
“Elchi” reports that this was stated by the Deputy Minister of Foreign Affairs of Armenia, Vahan Kostanyan, during the panel session titled “South Caucasus: On the path to becoming a strategic hub” held within the framework of the Antalya Diplomacy Forum.
The Deputy Minister stated that in the near future, the export of some products from Armenia to Azerbaijan is expected to be carried out.
According to him, energy security is one of the most important components of potential cooperation, and this is significant not only bilaterally but also from a regional perspective.
Kostanyan added that Armenia will implement three projects together with its partners in the USA: “These projects are related to multimodal connectivity and cover railways, highways, as well as energy networks and pipelines.
He emphasized that the main goal in this direction is to diversify Armenia’s energy supply, and at the same time, to become a transit hub for energy resources directed from Central Asia and Azerbaijan to Europe.
The Deputy Minister noted that one of the interesting projects for Armenia is the submarine cable project, and currently, the country has the largest share in green energy production among contractors.
According to him, Georgia and Azerbaijan are also working to increase their renewable energy potential, investing heavily in solar energy, and planning the construction of a new nuclear power plant.
Kostanyan stated that in this context, cooperation with the European Union is extremely important for Armenia: “This is not only economic cooperation, but also the choice of the Armenian people who have European-oriented aspirations.”
He added that Armenia is currently working in various fields towards the start of large-scale cross-sectoral integration with the European Union.
The Deputy Minister concluded by noting that in this regard, Georgia’s European future is also of great importance for Armenia.