October 19, 2026
A Soviet-born US investor with ties to President Donald Trump’s administration plans to expand his copper investments in Armenia and is betting on a broader opening of the region as Washington moves to strengthen its economic presence.
“The peace memorandum signed between Armenia and Azerbaijan represents a once-in-a-lifetime transformational event for the region,” Konstantin Sokolov, who bought Armenia’s second-largest copper producer in September, said in an interview. “I have a great interest in expanding throughout the region, because I strongly believe in its potential as a whole.”
Source: Bloomberg. Read the full article on Bloomberg