Agriculture & Trade Risk: Central Bank Board member Armen Ktoyan warns that Russia export restrictions on Armenian agricultural goods could hit GDP by about 1.8–2% in a worst-case scenario, though government support and local processing may soften the blow. Food Security Push: Prime Minister Nikol Pashinyan ordered an investment program to boost wheat production, including mapping unused land and drafting a strategy for intensive cultivation. Energy Transit & Power Links: Iranian Ambassador Khalil Shirgolami said Armenia could become a regional energy transit hub with Russia and Iran, while Iranian firms are ready to join the North-South and the 3rd power transmission line works. Renewables Startup Drive: Armenia launched the GreenTech Academy with GIZ support, backing up to 15 renewable-energy and efficiency startup teams with a €40,000 prize fund. Industry & Construction Momentum: Armenia’s industrial output and construction volume rose strongly in Jan–May 2026, with construction up 24.1% and electricity generation up 9.7%. Mining Output: Copper, molybdenum, and zinc concentrate production increased in Jan–May 2026. Tax Enforcement: Armenia’s tax authority is probing fuel-station operator Multi Group over alleged undocumented sales and missing cash-register receipts. Business & Infrastructure Diplomacy: Economy Minister Gevorg Papoyan met UAE/Kuwait/Iraq/Qatar diplomats to expand Armenian product presence in the Persian Gulf and discussed industrial cooperation with Indonesia at Innoprom. Governance & Security: Court ordered opposition leader Gagik Tsarukyan held for two months in a fraud and money-laundering case.