The article discusses Armenia’s efforts to pivot towards the West and diversify its economy amid the ongoing conflict with Azerbaijan over the disputed Nagorno-Karabakh region. It highlights Armenia’s tech sector as a potential driver of economic growth and a means to reduce reliance on Russia. Key points include: Armenia’s desire to strengthen ties with the EU and attract Western investment, particularly in the tech industry. The growth of Armenia’s tech sector, with companies like ServiceTitan and Krisp gaining international recognition. Challenges faced by Armenia, such as the conflict with Azerbaijan, dependence on Russia, and brain drain. The article suggests that Armenia’s tech sector could help the country become more self-sufficient and less reliant on Russia, while also attracting Western investment and fostering closer ties with the EU and the US.
Source: https://time.com/7095800/armenia-war-russia-azerbaijan-west-economy-tech-hub/