On October 1, RA Minister of Economy Gevorg Papoyan participated in the strategic plenary session entitled “Investment Activity as a Key Factor in Dynamic and Sustainable Economic Development” at the Turkmenistan Investment Forum (TIF 2026), held in Ashgabat.

In his address, the Minister presented the priorities of Armenia’s economic policy.

“We are working to reduce the time required for licensing procedures, develop next-generation industrial zones, improve the business environment in line with the World Bank’s B-READY framework, and increase the share of foreign direct investment in GDP. Our goal is to attract investments that modernize enterprises, increase productivity, and connect Armenian companies to international value chains,” Gevorg Papoyan noted.

The Minister also addressed the main priorities of Armenia’s investment policy, including increasing productivity, transforming the economy, and developing human capital.

Gevorg Papoyan emphasized the importance of infrastructure development and transport connectivity, highlighting the “Crossroads of Peace” initiative and its key component, the TRIPP infrastructure project.

The forum brought together more than 800 delegates from over 80 countries, including representatives of governments, financial and international institutions, investors, innovators, and leading experts in the field.