Legacy of Armenia’s ‘Assets-for-Debt’ Hinders Economic Decoupling from Russia (Part Two)
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Executive Summary:
Armenian Prime Minister Nikol Pashinyan’s government has taken steps to diversify Armenia’s economic partners by withdrawing Russian companies from the telecommunications sector, nationalizing the electricity distribution network, developing renewable energy, and expanding cooperation with the European Union.
Gazprom Armenia’s monopoly over the natural gas supply chain, the continued railway concession agreement with South Caucasus Railway, and the Metsamor Nuclear Pow
Armenian Prime Minister Nikol Pashinyan’s government has taken steps to diversify Armenia’s economic partners by withdrawing Russian companies from the telecommunications sector, nationalizing the electricity distribution network, developing renewable energy, and expanding cooperation with the European Union.
Gazprom Armenia’s monopoly over the natural gas supply chain, the continued railway concession agreement with South Caucasus Railway, and the Metsamor Nuclear Pow
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