Armenia’s foreign trade turnover fell off a cliff during the first four months of 2025 after the Kremlin changed the rules that govern Yerevan’s imports and exports of Russian gems and precious metals. According to data published by the Arminfo news agency on June 9, Armenia’s overall trade volume amounted to $6.3 billion during the first four months of this year, a whopping 53 percent decline over the volume during the first-third of 2024. The decline is linked to a precipitous drop-off in the import and export of gems and precious…
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