Urikhanyan subsequently left Prosperous Armenia and founded the Alliance Party in 2015. He was nominated as Chairman of the party.[5] The party participated in the 2017 Armenian parliamentary elections as part of the Tsarukyan Alliance.[6] The alliance won 31 seats out of 105 in the National Assembly. Despite the alliance's victory, it officially dissolved prior to the 2018 Armenian parliamentary election.
The Alliance Party chose not to participate in the 2018 elections, although Urikhanyan participated under Prosperous Armenia's electoral list.
On 26 May 2021, the Alliance Party confirmed its intentions to participate in the 2021 elections under the Armenia is Our Home party. The Armenia is Our Home party is led by Ara Abramyan, but Urikhanyan was nominated to be the candidate for prime minister. The Armenia is Our Home party included members from Urikhanyan's Alliance Party, as well as, members from the Union of Armenians of Russia organization.[10][11][12] Following the election, the Armenia is Our Home party received just 0.96% of the popular vote, failing to win any seats in the National Assembly. The Alliance Party currently acts as an extra-parliamentary force.
The party self describes its principle ideology as progressive centrist and believes that liberal, democratic values are acceptable within the framework of preserving national and traditional values.[2] The party believes in creating a strong state, promoting development, strengthening human rights, democracy, and the rule of law. In terms of economics, the party favors effectively applying a socialist-liberal system of economic order. The party recognizes the need for a system based on economic liberalism, however, some aspects of the economy would be regulated and coordinated by the state.[14]
In regards to foreign policy, the party supports continued cooperation with Russia and believes Armenia should further integrate with other Eurasian Union member states.[4][15][16]
Activities
On 9 November 2020, the party signed a joint declaration with the other member parties of the Homeland Salvation Movement calling on Prime Minister Nikol Pashinyan to resign during the 2020–2021 Armenian protests.[17]
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