ArmInfo. Moscow considers Yerevan's decision to launch the European Union (EU) accession process as the start of Armenia's exit from the Eurasian Economic Union (EAEU), as stated by Russian Deputy Prime Minister Alexei Overchuk to journalists, TASS reports.
the Deputy Prime Minister of the Russian Federation noted. Overchuk said. At the same time, he regretfully observed that already last year they began to notice that, due to discussions about joining the EU, Russian businesses were becoming more cautious about maintaining and developing economic ties with Armenia. the Russian official added.
He also pointed out that Yerevan's trade with the EU is significantly lower than with the EAEU, and Armenia's trade turnover with the European Union is declining. he noted. At the same time, Overchuk drew attention to the fact that the growth of the Armenian economy demonstrates that it is the primary beneficiary of EAEU membership. Additionally, he addressed a question from media representatives regarding whether another country could replace Yerevan in the EAEU. He deemed this question incorrect.
