The increase in US-Iran tensions could affect Armenia’s foreign trade, especially given Iran’s important role as a transit hub.
About 11% of imports and about 6% of exports pass through the Meghri checkpoint, making it a strategic hub.
However, some locally produced alternatives can replace certain products in the import chains for construction materials, despite their heightened risk due to price increases.
So far, no serious disruptions have been recorded in the food and transport sectors; only some price increases have been observed. In the event of a deepening of tensions, Armenia may be forced to activate alternative routes through Georgia and even Turkey.
