The Alternative Party was founded on 20 October 2018, during a founding congress held in Yerevan. Edgar Arakelyan, a former member of the Rule of Law party, was elected as Chairman.[1] Arakelyan left the Rule of Law party following the 2018 Armenian revolution in order to establish a new political party and participate in future elections.[2][3]
The party announced its intentions to participate in the 2018 Armenian parliamentary elections. Prior to the election, the party stated that they would be open to joining a political alliance, however, the party ultimately did not partake in the election.[4]
The party announced its principal task will be to eliminate all forms of corruption in Armenia.[6] The party also supports the development of the economy and the protection of social and human rights in the country, as well as strengthening ties with the Armenian diaspora.[7]