Armenia Voluntarily Refuses to Implement Arbitration Decision on HETC, Says Minister Galoyan

At this moment, we have the following reality: the international arbitration has made an interim decision regarding the imposition of security measures, which is not currently being executed voluntarily by the government. This was stated by Justice Minister Surbuhy Galoyan during a press conference, responding to a question about why Armenia is not implementing the Stockholm Arbitration Court's decision concerning the HETC.

“There is a mechanism for it to be enforced coercively and a mechanism for not complying if the courts determine that this decision contradicts public order. These are regulations that exist in international legal acts and domestic legal acts. I would not want to comment extensively on the arbitration decision, but it pertains to our legislative act that was enacted by Armenia. In other words, Armenia has acted within the parameters of the law, while the arbitration decision stipulates that we should not apply our domestic legislation. Excuse me, this is our state, and we assert that our state is legal. A legal state must adhere to the legal regulations that are in place and constitutional, unless proven otherwise, and the arbitration decision contradicts that,” the minister emphasized.

It is noteworthy that according to the defense council of businessman Samvel Karapetyan, on July 22, 2025, the urgent arbitration appointed by the Stockholm Chamber of Commerce's arbitration institute obligated the Republic of Armenia to refrain from applying provisions recently adopted under the laws of “Energy” and “Public Services Regulatory Authority” regarding the closed joint-stock company “Armenian Electric Networks,” as well as to halt further actions related to the expropriation of HETC.