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Russia Says Armenia Shows Signs of Politically Motivated 'Property Redistribution'

A senior Russian diplomat said Yerevan's assurances on the safety of Russian investments do not match the situation on the ground.

· 1 min read · language: en
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TASS (Russia)

Russia's Deputy Foreign Minister Mikhail Galuzin said Armenia is showing signs of what he described as politically motivated "property redistribution," according to TASS, the Russian state news agency.

Galuzin said that while Armenian officials have stated that Russian investments in the country are not at risk, these statements do not fully align with reality, TASS reported.

The remarks come amid broader questions about the state of economic and political relations between Moscow and Yerevan. TASS did not provide further details on which specific assets or companies Galuzin was referring to.

Armenian authorities have previously said that Russian businesses and investments operating in the country remain secure and are not subject to any targeted measures.

Russia and Armenia have historically maintained close economic ties, with Russian firms holding stakes in various sectors of the Armenian economy, though relations between the two countries have faced periodic strain in recent years.

TASS did not report any immediate response from Armenian officials to Galuzin's latest comments.

Sources

EGazette summarizes reporting from multiple sources; follow the links for the originals.

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