Wednesday, August 21 2024 10:34
Marianna Mkrtchyan

EU drawing Armenia into its orbit - Andrei Pankin

EU drawing Armenia into its orbit - Andrei Pankin

ArmInfo. Armenia continues to be very interested in membership in the Eurasian Economic Union  (EAEU). This opinion was expressed to the magazine "International Life" by Deputy Minister of Foreign Affairs of Russia Andrei Pankin, touching upon the relations between Armenia and the EAEU.

The Russian diplomat recalled that Yerevan has its own obligations  within the Union, which it fulfills.

"By fulfilling all obligations and respecting its interests, Armenia  receives a very large benefit, which is demonstrated not only by high  production rates, but also by foreign trade turnover, and by leaps  and bounds in the transfer of labor migrants to Yerevan. Indeed,  there is a step-by-step growth, not even by percentages, but by  several times. But, on the other hand, we, of course, see that  Yerevan is being lured into the orbit of the European Union, and we  do not know what conditions are being set for associate membership or  other forms of interaction with the European Union," Pankin added.  When asked to clarify whether this is being kept secret, the diplomat  noted that this is due to the fact that Russia does not interfere in  Yerevan's internal affairs - how it interacts with its partners in  the EU.

"But, unfortunately, we know that EU partners usually have the  ability to impose their conditions and detach from other associations  or groups those countries that they want to take into their orbit of  this associated membership," Pankin emphasized. Speaking in general  about interaction within the EAEU, Pankin pointed out the obvious  benefits of membership in this integration association. "For example,  GDP has grown by one and a half times since 2015. Industrial  production - by 22%. Agriculture - by a quarter.  Yes, you will say:  divide by eight years! But still, this is sustainable, progressive  growth, and it also fell on the years associated with the pandemic  and after it. Remember, the economies in different regions "sagged"  significantly. Wages increased, for example, in Armenia by 13%, in  Russia - by a little over four percent.  Poverty is falling.  Unemployment has decreased from 5 to 3.3%. This is a very serious  figure against the background of the turbulence that is generally  happening in global financial, economic, currency processes," Pankin  concluded.  

POST A COMMENT
Input digits     


News
Armenian-Iranian substation Noravan to be completely equipped next yearArmenian-Iranian substation Noravan to be completely equipped next year
USD, EUR transactions up, RUB ones down in in Armenia`s interbank foreign exchange market Sept 23 to 27USD, EUR transactions up, RUB ones down in in Armenia`s interbank foreign exchange market Sept 23 to 27
Tourism development with support of WB discussed in YerevanTourism development with support of WB discussed in Yerevan
The Komitas Museum-Institute, with the support of the MESCS of the Republic of Armenia and Ardshinbank, opened the exhibition The Komitas Museum-Institute, with the support of the MESCS of the Republic of Armenia and Ardshinbank, opened the exhibition "Paris Meetings".
SRC: as of September 27, balance of preferential import of electric vehicles into the territory  of Armenia is 454 unitsSRC: as of September 27, balance of preferential import of electric vehicles into the territory  of Armenia is 454 units
IMF mission head appreciates Armenian authorities` efforts to reduce  cash turnover of financial resourcesIMF mission head appreciates Armenian authorities` efforts to reduce cash turnover of financial resources
Capital development discussed with Amundi-ACBACapital development discussed with Amundi-ACBA
AMD 17.2bln shadow turnover exposed in three months
700-space parking lot for heavy-duty vehicles to be built at Upper  Lars checkpoint 700-space parking lot for heavy-duty vehicles to be built at Upper Lars checkpoint
Conference Conference "10 years of the EAEU" to be held in Yerevan
Experience comfortable traveling with IDBank premium cardsExperience comfortable traveling with IDBank premium cards
In 2024 and in the medium term, economic growth to be driven  primarily by growth of services sector - Draft budget of the Republic  of Armenia for 2025In 2024 and in the medium term, economic growth to be driven  primarily by growth of services sector - Draft budget of the Republic  of Armenia for 2025
Ameriabank: Partner of the international technology conference EMERGEAmeriabank: Partner of the international technology conference EMERGE
 U.S. Government to increase grant assistance to Armenia by $130  million, to reach $250 million U.S. Government to increase grant assistance to Armenia by $130  million, to reach $250 million
Armenian Airlines launches Yerevan-Volgograd-Yerevan flights Armenian Airlines launches Yerevan-Volgograd-Yerevan flights 
Armenia`s government approves 2025 draft budget Armenia`s government approves 2025 draft budget 
USAID working with U.S. Congress, U.S. State Department to provide  $20 million to Armenia to support cybersecurity, border and energy  security, and to increase country`s resilience - Samantha Power USAID working with U.S. Congress, U.S. State Department to provide  $20 million to Armenia to support cybersecurity, border and energy  security, and to increase country`s resilience - Samantha Power 
In Armenia, industrial price index continues to rise amid  double-digit growth in industrial productionIn Armenia, industrial price index continues to rise amid  double-digit growth in industrial production
Minimum insurance requirements for passengers, flight and service  personnel to be established for all air carriers in ArmeniaMinimum insurance requirements for passengers, flight and service  personnel to be established for all air carriers in Armenia
American company invests AMD 5.5 bln in modernization of Vorotan HPP  cascadeAmerican company invests AMD 5.5 bln in modernization of Vorotan HPP  cascade
Even if you don`t become a member, you can still take advantage of  the opportunities: Tunyan on Armenia`s prospects in BRICSEven if you don`t become a member, you can still take advantage of  the opportunities: Tunyan on Armenia`s prospects in BRICS
Purchase of gas from Azerbaijan is in the interests of Armenia -  Babken TunyanPurchase of gas from Azerbaijan is in the interests of Armenia -  Babken Tunyan
UATE, CSIE to combine effors to attract international experts to  Armenia`s high-tech sector UATE, CSIE to combine effors to attract international experts to  Armenia`s high-tech sector 
ILO initiatives to ensure employment of forcibly displaced discussed  in Armenia ILO initiatives to ensure employment of forcibly displaced discussed  in Armenia 
35 startups from Armenian Diaspora take part in Neruzh 5.0 program 35 startups from Armenian Diaspora take part in Neruzh 5.0 program 
Some 107,000 new job registered in Armenia over last 3 years Some 107,000 new job registered in Armenia over last 3 years 
Armenia to host ACE programArmenia to host ACE program
Idram Announces the Launch of a Unified QR Infrastructure – Idram for AllIdram Announces the Launch of a Unified QR Infrastructure – Idram for All
New Corporate Governance Code presented in YerevanNew Corporate Governance Code presented in Yerevan
  "Telcell" launches IPO with a volume of AMD 1.540 billion
A 31-km section of the road connecting Akhaltsikhe with Batumi  completed in GeorgiaA 31-km section of the road connecting Akhaltsikhe with Batumi  completed in Georgia
SRC: Customs authority can also complete declaration of goods for  non-personal use transported across the borders of Armenia  SRC: Customs authority can also complete declaration of goods for  non-personal use transported across the borders of Armenia  
Armenia is at a crossroads regarding the future development of  nuclear energyArmenia is at a crossroads regarding the future development of  nuclear energy
Armenia signs its Country Program Framework  for 2024-2029.Armenia signs its Country Program Framework  for 2024-2029.
Dollar transactions decreased   in Armenian interbank foreign  exchange  market from September 16 to 20, along with rise in ruble  transactions Dollar transactions decreased   in Armenian interbank foreign  exchange  market from September 16 to 20, along with rise in ruble  transactions 
RA MTAI  negotiating launch of direct flights to New York and Los  Angeles in 2025RA MTAI  negotiating launch of direct flights to New York and Los  Angeles in 2025
Gnel Sanosyan: Kapan Airport planning regional flights to adjacent  cities of neighboring countriesGnel Sanosyan: Kapan Airport planning regional flights to adjacent  cities of neighboring countries
Armenia`s military-industrial complex increased its tax payments to  the state budget by 70% in a yearArmenia`s military-industrial complex increased its tax payments to  the state budget by 70% in a year
Google exploring possibilities of digitizing collections of museums,  cultural institutions and libraries of ArmeniaGoogle exploring possibilities of digitizing collections of museums,  cultural institutions and libraries of Armenia
PM Pashinyan, IMF Armenia mission head discuss fiscal policy of  Armenia PM Pashinyan, IMF Armenia mission head discuss fiscal policy of  Armenia 
ROTOBO establishes network to enhance investment environment between  Armenia and JapanROTOBO establishes network to enhance investment environment between  Armenia and Japan
New NPP in Armenia will have a capacity of 400-600 MW: Gnel SanosyanNew NPP in Armenia will have a capacity of 400-600 MW: Gnel Sanosyan
Diversification not against any nation, but for Armenia`s benefit Diversification not against any nation, but for Armenia`s benefit 
Armenia`s government to compensate car owners in Tavush and Lori Armenia`s government to compensate car owners in Tavush and Lori 
Investments in ten leading IT startups` about $490m over last ten  years - expert Investments in ten leading IT startups` about $490m over last ten  years - expert 
Loss ratio under MTPL insurance contracts shows further upward trend Loss ratio under MTPL insurance contracts shows further upward trend 
Google delegation on working visit to Armenia Google delegation on working visit to Armenia 
Pashinyan is ready to buy gas from Aliyev as wellPashinyan is ready to buy gas from Aliyev as well
Pashinyan announces strategic decision on new nuclear power plantPashinyan announces strategic decision on new nuclear power plant
Pashinyan discusses macroeconomic and budgetary framework of draft  state budget for 2025Pashinyan discusses macroeconomic and budgetary framework of draft  state budget for 2025
Old Yerevan: IDBank’s New Branch in an Exclusive FormatOld Yerevan: IDBank’s New Branch in an Exclusive Format
Rosatom inspects radioactive waste storage facility of Armenian NPPRosatom inspects radioactive waste storage facility of Armenian NPP
Infrastructure reforms on agenda of Ministry of Economy - official Infrastructure reforms on agenda of Ministry of Economy - official 
AraratBank and SIA: Ongoing Partnership for Social EntrepreneurshipAraratBank and SIA: Ongoing Partnership for Social Entrepreneurship
Team Telecom Armenia - WCIT2024/DigiTec technology partner: MoU  signedTeam Telecom Armenia - WCIT2024/DigiTec technology partner: MoU  signed
Armswissbank awarded “Leading Partner Bank in Armenia” third year in a row by ADBArmswissbank awarded “Leading Partner Bank in Armenia” third year in a row by ADB
Armenian startups to present their potential at DigiTecArmenian startups to present their potential at DigiTec
Preferential terms for import of 876 electric cars in effect in  Armenia Preferential terms for import of 876 electric cars in effect in  Armenia 
French FM visits Vedi reservoir construction site French FM visits Vedi reservoir construction site 
Moscow Domodedovo Airport named FLYONE ARMENIA punctual carrierMoscow Domodedovo Airport named FLYONE ARMENIA punctual carrier
Read more
Exchange rates
27.09.2024
RUB4.17-0.01
USD387.32-0.13
EUR432.440.24
GBP518.620.21
CAD287.39-0.33
JPY27.040.20
CNY55.24-0.02
CHF459.072.01