News - Armenian Export Unaffected by New Russian Regulations

In a recent statement, Edvard Akopyan, head of Armenia's State Revenue Committee, confirmed that Armenian businesses have not reported any issues with exporting products to Russia. He elaborated that periodic concerns arise primarily due to phytosanitary requirements, which naturally become stricter or more lenient over time. During a media briefing, Akopyan addressed questions about potential new challenges in light of recent discussions between Armenian Prime Minister Nikol Pashinyan and Russian President Vladimir Putin. He stated that alongside other regulatory considerations, businesses must continue to adhere to these standards. Akopyan also commented on reports suggesting a possible license annulment for the Proshyan Brandy Factory by Russian authorities. Though not yet in possession of related information, he plans to study the matter further. Despite rumors, the Armenian government emphasizes systemic cooperation with Russian counterparts to ensure both nations’ trade requirements are met seamlessly. Armenia's leaders are keen to maintain the constructive bilateral relations that enable the trade of key goods, such as alcoholic beverages and tobacco products. The Federal Alcohol Market Regulatory Service's recent court move to nullify the Proshyan Brandy Factory’s license came as a result of a laboratory review that revealed discrepancies with Russian state standards, uncovering the presence of non-grape spirits. Akopyan reiterated Armenia's commitment to resolving such discrepancies through dialogue and ensuring export products meet necessary standards. The Ministry of Economy further assured the public that current export flows remain stable between the two countries. Armenian producers continue to uphold high production standards to ensure their competitiveness in the Russian market, further reinforcing that there exists no substantial hindrance to their trading activities.