In simple terms, the shutdown slows down the movement of goods, increases uncertainty, and creates bottlenecks in supply chains. International buyers and importers face delays and higher costs, prompting them to seek alternative sourcing options.

India and the European Union have officially agreed on a comprehensive Free Trade Agreement (FTA), described by Prime Minister Narendra Modi as the “mother of all trade deals.” Once implemented, this agreement will gradually make up to 96% of trade between India and the EU tariff-free, covering goods, services, investments, and skilled mobility.

For international buyers, Armenia represents an opportunity to diversify sourcing away from overcrowded markets and engage with exporters who prioritize craftsmanship and quality over volume. With the right market intelligence and local support, Armenia can serve as a reliable sourcing destination for specialty goods.