Transition economy issues resolution changes significantly depending on country of interest. Despite commonalities with other transition economies, especially those of Former Soviet Union, Armenian agriculture developed in its own, unique way. While the land reforms were bolder and more successful than in other transition economies, development of appropriate marketing chains is still slow and access of family farmers to relevant information is limited. In this work, we made an attempt to summarize implemented reforms and their consequences, to point out current state and issues of Armenian agriculture.