Armenia's Security Council Chief: Sharp Decline as Military Equipment Acquisition from Russia Drops from 96% to Less Than 10%

In a major shift, Armenia's Security Council Chief, Armen Grigoryan, revealed a substantial decrease in the acquisition of military equipment from Russia, dropping from 96% to less than 10%. Grigoryan shared this information during a press briefing at the National Assembly on Wednesday, highlighting Armenia's commitment to a policy of diversification.

"This significant drop in acquiring military equipment from Russia, from 96 percent to less than 10 percent, shows Armenia's active pursuit of diversification. We are expanding our partnerships not only in the West but also exploring collaborations in Asia, particularly with India, and in various other directions, both in military and economic spheres," stated Grigoryan.

The diversification efforts extend beyond the military domain, as Armenia strategically broadens its economic and political engagements. Grigoryan emphasized the substantial increase in foreign trade with the UAE, reaching 16% in January compared to the previous year's 4%. This shift indicates Armenia's multifaceted policy of diversification, spanning economy, politics, and security.

"Armenia is steadfast in its commitment to regionalization. We maintain positive relations with the West and actively seek strong ties with all neighbors, including ongoing efforts to foster relations with Turkey and Azerbaijan. Our agenda is clear, and Armenia is not wavering in its commitment to building robust connections on multiple fronts," added the Secretary of the Security Council of Armenia.