Friday, August 14 2026 14:19
Alexandr Avanesov

Tsarukyan: Many Armenian goods are being replaced by Azerbaijani products on Russian market

Tsarukyan: Many Armenian goods are being replaced by Azerbaijani  products on Russian market

ArmInfo. Imprisoned businessman and leader of the "Prosperous Armenia" party, Gagik Tsarukyan, has highlighted the critical role of private enterprise in  the country's development while warning of growing vulnerabilities in external export markets. In a statement posted on his social media  page, Tsarukyan cautioned that Armenian goods are rapidly losing their footing abroad and being replaced by Azerbaijani alternatives. 

Reflecting on his personal path from founding a small enterprise to  navigating historical economic crises, Tsarukyan emphasized that the  domestic business community has been a core pillar of Armenia's  resilience since independence. However, he stressed that maintaining  a foothold in foreign markets requires constant effort, trust, and  proactive adaptation.

"The business class has played an exceptional role in the formation,  success, and development of the Republic of Armenia - from the very  beginning of independence, through the enormous difficulties of the  1990s: the blockade, dangerous roads, the collapse of the economic  system, the financial crisis, the war.  Thanks in large part to the  talent, hard work, and patriotism of our businessmen, Armenia has  withstood the trials and embarked on the path of development. Our  businessmen are achieving incredible success in various parts of the  world, and enjoy respect and authority. I have publicly stated many  times that small and medium businesses are the foundation of Armenia.  The stronger this class is, the more opportunities it has for  development, the stronger our country will be. And the task of the  state is to support this segment with the right economic policy. I  have also said that creating a business can take years, requiring  many years of hard work, but its collapse can happen in a matter of  minutes. Months, if not weeks. I want to talk specifically about  foreign, export markets. In today's world, no one waits for anyone  else. Finding a market and adapting is an extremely difficult task.  Product quality and price are certainly important, but personal  connections, trust, and established relationships are also crucial.  Many of our exporters are currently facing serious problems. It's a  big mistake to think these problems will somehow be resolved and that  Armenian exporters will return to their traditional markets. Time  moves on in business. I warn you, it's not that simple. Others are  already taking our place in the market. They don't even hide it; they  do it publicly and demonstratively. Many Armenian goods are now being  replaced by Azerbaijani ones. I spoke about this process a month or  two ago," Tsarukyan noted.

He added that there are no permanent markets. If this continues, if  the problems aren't resolved, tomorrow Armenian cognacs, wines,  vodka, cheeses, fish, agricultural produce, flowers any product will  be replaced by products from producers in Georgia, Azerbaijan,  Moldova, Uzbekistan, and other countries.  Such is life, such is the  cruel law of business.

"And we must clearly understand that this is not just a problem for  businessmen. The loss of the consumer market will disrupt the entire  cycle. Everyone will feel the consequences of this. We have a truly  talented business class. I always enjoy talking with representatives  of small and medium-sized businesses. I know their concerns and  problems one hundred percent. It is unbearably painful for me to see  the difficulties of this class. I see problems, and many issues  seriously concern me. I also see solutions that will allow us to  avoid the worst. I put aside political subtexts. Inside, I am  speaking as a person who is subjected to obvious injustice. All my  life, in my homeland, they tried to portray me as a person who had   built unfair property.  What I built, I built from scratch, what I  acquired was half destroyed, and I turned it into modern enterprises  of the highest level. Thank God, all the facts are preserved. But now  a person who had built everything from scratch, who initially had  nothing but hard work and faith, and who, having gone through a very  difficult path, achieved great success, also speaks about it. I   understand very well how exporters and businessmen feel, whose  enterprises, built from scratch with a lifetime's investment and  enormous effort, are threatened with destruction. Our state rests on  these people; these people are the economic foundation of our  country. Their interests are the interests of the entire country;  their loss is the loss of us all. The state must act keeping this in  mind," the politician and businessman noted.