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AGP Executive Report

Last update: 11 hours ago

Anti-Corruption Crackdown: Armenia’s Anti-Corruption Court partially upheld the Prosecutor General’s bid to confiscate about AMD 630m in assets from former President Serzh Sargsyan, including bank deposits, accrued interest, and shares in Yerevan real estate and parking. Oligarch Case Escalates: Law enforcement searched and then detained Prosperous Armenia leader Gagik Tsarukyan after raids across his home and businesses; prosecutors cite fraud and money laundering tied to alleged Iran-Armenia logistics, while defense calls it political vendetta. EU Trade Push: EU Commission President Ursula von der Leyen visited Yerevan, pledging tariff-free access for about 80% of Armenian exports to the EU and an additional €18m tranche, while EU trade specialists plan visits to help exporters find buyers. EAEU-Russia Ties: Russia’s PM Mishustin told Pashinyan that Moscow expects the new Armenian government to keep improving relations and protect Russian investors; Armenia also signaled interest in deeper EAEU participation. Inflation Watch: Armenia’s annual inflation hit 5.1% in June, driven mainly by faster food price growth. Payments Shift: Non-cash card transactions rose to 62% of total volume by April 2026, reflecting continued cash-to-card migration. Visa & Mobility: Armenia extended visa-free entry for eligible GCC travelers until July 2027, aiming to boost tourism and cross-border travel. Food Safety for Exports: Parliament advanced final approval of EU-aligned rules to register fish farms and processors and issue veterinary certificates for EU fish exports. Infrastructure Spending: Government approved a $650m Yerevan package including Ajapnyak metro station construction and metro modernization.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Jun. 30, 2026

Armenia’s first commercial Pinot Noir wins gold in Brussels

AGP

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Jul. 2, 2026

Stationed at Home expands to 40-plus international territories

AGP

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Jun. 24, 2026

Mexaniki Temir Zavodu expands CERATIZIT distribution across the Caucasus

AGP

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Jun. 23, 2026

Jardins d’Arménie highlights Armenian heritage at Monte-Carlo TV Festival

AGP


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5 hours ago

Global Surrogacy Market Expected to Reach US$ 11.94 Billion by 2034 │ The Insight Partners

GlobeNewswire, Inc.

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Jun. 30, 2026

Armenia's First Commercial Pinot Noir Wins Gold at Concours Mondial de Bruxelles 2026

EIN Presswire

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Jul. 1, 2026

Freedom Holding Corp. Receives BRSA Approval to Acquire Turkish Bank

GlobeNewswire, Inc.

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Jun. 25, 2026

Digital Banking Platform Market to Reach $168.3 Billion Globally by 2032, Growing at 20.9% CAGR | Allied Market Research

EIN Presswire

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Jun. 24, 2026

Ceratizit Business Partner in Azerbaijan

EIN Presswire

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Jun. 4, 2026

EU Unveils Aid Package for Armenia Amid Russian Trade Limits

MENAFN

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