Pashinyan: Armenia needs economic transformation

Armenia needs economic transformation, Armenian Prime Minister Nikol Pashinyan said.

Asked to comment on the decline in exports, he agreed with the facts, noting that the decline in exports was due to the closure of Teghut copper and molybdenum mine.

“This is what I call the transformation of the economy. But exports of brandy, finished products, agricultural products have increased. We hope that this year the volume of processed products will increase,” News.am cited the PM as saying.

However, Pashinyan said that the future is not in the mining industry.