Armenian Prime Minister Nikol Pashinyan has warned that Russia’s restrictions on Armenian exports are calling into question the future of the Eurasian Economic Union (EAEU), saying the dispute could mark “the beginning of the end” for the Moscow-led bloc if it is not resolved soon.
Number of requests for Armenian citizenship tripled
In 2022, citizens of different countries began to apply three times more often for Armenian passports. Of the total number of applications, 76% were from Russians, most of them ethnic Armenians.
Over 16,000 foreigners have already received residence permits and Armenian citizenship. Half of them are from Russia. In addition, during the past year, citizens of India, Iran, Ukraine, Georgia, Lebanon, Syria and other countries also obtained the right to reside in Armenia.
In 2022, foreign direct investment in Armenia reached almost $1 billion. In 2021, this figure amounted to $366.4 million.
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