On 24 December 2012, Hrant Bagratyan was nominated to participate in the 2013 Armenian presidential election during a party congress held in Yerevan.

[5][6] The joint list was headed by the leader of the Free Democrats party, Khachatur Kokobelyan, while the candidate for the post of Prime Minister was Hrant Bagratyan.

[7][8] Following the election, the party won just 0.14% of the popular vote, failing to win any seats in the National Assembly.

The party describes its principle ideology as modern liberalism and is in favour of a free-market economy.

[2] The party supports independence for Artsakh, increasing the military budget, and improving Armenia's security issues.