Prosperous Armenia

Prosperous Armenia
Բարգավաճ Հայաստան Կուսակցություն
LeaderGagik Tsarukyan
Founded30 April 2004
HeadquartersYerevan
Ideology
Political positionCentre-right
National affiliationHomeland Salvation Movement (2020-2021)
European affiliationAlliance of Conservatives and Reformists in Europe (until 2022)
Slogan"Safe, Powerful Homeland"
National Assembly
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Website
http://www.bhk.am/

Prosperous Armenia Party (PAP; Armenian: Բարգավաճ Հայաստան կուսակցություն, romanized: Bargavach Hayastan kusakts’ut’yun, abbreviated as ԲՀԿ BHK), is a conservative political party in Armenia. It was founded by businessman Gagik Tsarukyan on 30 April 2004, when the constituent congress of the party took place.

Ideologically, the party is positioned as centre-right on the political spectrum, it advocates economic liberalism, closer ties with Russia, and regarding the European Union it is eurosceptic, while on social issues they are traditionalist. Armenia's second president Robert Kocharyan was instrumental in creation of the party, with some claiming that Kocharyan himself established it. Kocharyan's influence and role in the party is a subject of debate. In 2012, "most analysts" believed Kocharyan was "closely involved in the party." Some "believe that Kocharyan is the secret leader of the party", while others believe he has no influence over PAP.