Armenian Ambassador Lauds Ethiopia's Transformative Economic Reform, Corridor Dev’t
Addis Ababa, October 18, 2025 (ENA)— Armenia’s Ambassador to Ethiopia, Sahak Sargsyan, has commended the vision of the Ethiopian government and the leadership for carrying out a transformative economic reform and the Corridor Development project.
"The world is now going through transformation itself, and it is important to have the vision, and I see that vision here in your government and the leadership."
In an exclusive interview with ENA, Ambassador Sargsyan said the recent reforms, including the microeconomic reform, are very important and have already shown tangible results.
- economic growth
- record export revenues
- a notable reduction in inflation
These achievements are supported by a transition to a more market-oriented system and efforts to improve fiscal management and foreign exchange. As the business climate is improving, Armenian companies are looking for business opportunities in Ethiopia, he added.
Author’s summary: Ambassador Sargsyan praises Ethiopia’s economic reform.
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