Bank Of Baku

Armenian PM calls concerns over trade with Baku unfounded

Armenia’s Prime Minister Nikol Pashinyan

© APA | Armenia’s Prime Minister Nikol Pashinyan

# 13 January 2026 15:59 (UTC +04:00)

Gasoline imports from Azerbaijan will eliminate long-standing fuel monopolies in Armenia, Armenia’s Prime Minister Nikol Pashinyan said, APA reports, citing Sputnik Armenia.

The prime minister stated fuel prices in the Armenian market have decreased by an average of 15 percent as a result of fuel imports from Azerbaijan.

Pashinyan also described concerns voiced by opponents of trade with Baku as unfounded.

According to him, peace has been established between the parties, and this peace will be placed on “institutional tracks” in the future.

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