Business

Turkey Backs South Caucasus Route Through Armenia as Alternative Trade Corridor

Turkey Backs South Caucasus Route Through Armenia as Alternative Trade Corridor

Turkey is promoting a South Caucasus routing through Armenia as an alternative to Strait of Hormuz-dependent paths, creating new transit opportunities for Armenia and the wider Middle Corridor.

April 23, 2026
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Armenia's Fintech Sector Draws International Investment as CBDC Pilots Approach

Armenia's Fintech Sector Draws International Investment as CBDC Pilots Approach

Armenia's fintech ecosystem is attracting UK and European capital as startup activity rose 22.8% in 2025, total funding reached $164 million, and CBDC trials are planned for 2026-2027.

April 23, 2026
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Armenia Emerges as South Caucasus IT Hub as Peace Opens New Markets for Tech Sector

Armenia Emerges as South Caucasus IT Hub as Peace Opens New Markets for Tech Sector

Thawing ties with Azerbaijan and Turkey position Armenia as a South Caucasus IT hub, backed by a 2024 high-technology law and rising interest from European and US venture capital.

April 23, 2026
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Georgia's Economy Surges 8.4% in Early 2026, Outpacing Regional Peers

Georgia's Economy Surges 8.4% in Early 2026, Outpacing Regional Peers

Georgia's real GDP grew 8.4% in January-February 2026, outpacing IMF forecasts and cementing the country's position as the South Caucasus's fastest-growing economy.

April 23, 2026
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Armenia's Peace Dividend Materialises as GDP Grows 53% Since 2018

Armenia's Peace Dividend Materialises as GDP Grows 53% Since 2018

With GDP up 53% since 2018 and new trade flows emerging from normalisation with Azerbaijan, Armenia is entering what Pashinyan calls an unprecedented phase of economic development.

April 23, 2026
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Armenia-Azerbaijan Direct Trade Begins — A Historic First After Three Decades

Armenia-Azerbaijan Direct Trade Begins — A Historic First After Three Decades

For the first time since 1993, goods moved directly between Armenia and Azerbaijan in March 2026, marking a commercial breakthrough as peace-era trade routes take shape.

April 23, 2026
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Baku-Tbilisi-Kars Railway Upgrade Unlocks New South Caucasus Freight Capacity

Baku-Tbilisi-Kars Railway Upgrade Unlocks New South Caucasus Freight Capacity

The Baku-Tbilisi-Kars railway has completed a major Georgian segment upgrade boosting freight capacity by 30%, strengthening the South Caucasus's role in Middle Corridor trade.

April 23, 2026
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Middle Corridor Freight Volumes Set to Rise 10% in 2026, OTS Summit Projects

Middle Corridor Freight Volumes Set to Rise 10% in 2026, OTS Summit Projects

The OTS projects Middle Corridor freight volumes will grow 10% in 2026 to exceed 5 million tons, following structural trade route shifts after sanctions on Russia.

April 23, 2026
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