Armenia is well known for its mineral resources and long mining history. In recent years, exploration activities and mining investment has been on the increase, companies such as Canadian listed Dundee Precious Metals, US-companies Freeport-McMoRan and Global Gold and the German company Cronimet, now have exploration and production operations in Armenia.

The country is democratic and currently undergoing rapid growth. According to the Heritage Foundation / Wall Street Journal, the country is perceived as having the most liberal investment and trade regime in the Commonwealth of Independent States (CIS), the former Soviet Republics. Armenia's Index of Economic Freedom for 2008 is above the World average.

There is an independent Judiciary and laws protecting foreign investors against legislative changes. Armenia is a member of the World Trade Organisation, is a signatory to the International Convention on Investment Disputes and is a member of the International Centre for the Settlement of Investment Disputes (ICSID).