Ankara: Deputy Foreign Minister of Armenia, Vahan Kostanyan, has announced the anticipated export of certain goods from Armenia to Azerbaijan, marking a significant development in the economic relations between the two neighboring countries. Speaking at the panel session ‘South Caucasus: On the Path to Becoming a Strategic Hub’ during the Antalya Diplomacy Forum, Kostanyan highlighted the importance of establishing economic ties as a stepping stone towards ensuring peace and stability in the region.
According to Azeri-Press News Agency, Kostanyan emphasized the critical role of energy security in fostering bilateral and regional cooperation. He revealed that Armenia is poised to undertake three major projects in collaboration with partners from the United States. These initiatives, focusing on multimodal connectivity, will encompass the development of railways, highways, and energy networks, including pipelines.
The deputy minister outlined Armenia’s strategic objective of diversifying its energy supply while positioning itself as a transit hub for energy resources flowing from Central Asia and Azerbaijan to Europe. Kostanyan also referenced a submarine cable project as an interesting endeavor for Armenia, highlighting the country’s prominent role in green energy production.
Additionally, Kostanyan noted the parallel efforts of Georgia and Azerbaijan to enhance their renewable energy capacities, with significant investments in solar energy and plans for a new nuclear power plant. He underscored the importance of collaboration with the European Union, framing it as not only an economic partnership but also a reflection of the Armenian people’s European-oriented aspirations.
In his concluding remarks, Kostanyan stressed the significance of Georgia’s European trajectory for Armenia, emphasizing ongoing efforts towards large-scale cross-sectoral integration with the European Union.