🇦🇲 Armenia

Armenia (ISO Code: AM) is located in the South Caucasus and borders Georgia to the north, Azerbaijan to the east, Iran to the south, and Turkey to the west. The country is a parliamentary republic with stable state institutions, but it is marked by geopolitical tensions in the region. The climate ranges from continental to mountainous-alpine, with cold winters and warm summers, affecting agriculture. Economically, Armenia focuses on IT and software services, agriculture, mining, and manufacturing, with the service sector growing rapidly. Foreign trade is concentrated on exports of diamonds, machinery, textiles, and food, while the country relies on imports for energy, machinery, and consumer goods. Armenia has a limited transit function, mainly via border crossings to Georgia and Iran, to transport goods between Asia and Europe. The national currency is the Armenian Dram (AMD), which regulates national payments. Logistic infrastructure includes road, rail, and air connections, which are crucial for exports and imports. The geographical location between Europe and Asia makes Armenia an important hub for trade and regional economic projects.