Russia-Armenia trade turnover expected to halve in 2025, Overchuk predicts

Russian Deputy Prime Minister Alexey Overchuk has announced that trade turnover between Russia and Armenia is projected to decrease by half in 2025, Report informs, citing Russian media.

Overchuk said: "As for trade between Russia and Armenia, it has already declined significantly, and we expect that by the end of the year, it will fall to about half compared to last year. If it was $12.4 billion in 2024, this year it will likely be around $6 billion, maybe slightly more."