ArmInfo."Not only are we not preparing to withdraw the EAEU, but we also plan to utilize our leverage to protect the country's economic interests," Armenian Prime Minister Nikol Pashinyan stated during a briefing on May 28.
He noted that Armenia sees untapped potential within the EAEU, pointing to the low volume of trade turnover with Kazakhstan and Kyrgyzstan.
Speaking about the diversification of export supplies, the Prime Minister also highlighted the opportunities opening up for Armenia with the launch of the Kars-Akhalkalaki railway line, which will enable the development of trade potential with new partners. Pashinyan announced that Armenia had received an invitation from these partners to explore the markets along this route, which Armenian businesses could use to expand their export routes.
The Prime Minister also noted that Armenia is already quite successfully diversifying its trade relations with European and other countries. Specifically, he stated that supplies are growing, and in some sectors, they have increased severalfold.
"I can say that I see no threats to our developing economy. On the contrary, unlimited opportunities are opening up for Armenia. And the TRIPP project is their cornerstone," Pashinyan said.
It should be noted that, according to the RA Statistics Committee, foreign trade turnover between Armenia and the EAEU countries decreased by 36.9% in 2025, totaling just over $8 billion. Export volumes fell by 5% to $3.2 billion, while imports fell by 48.5% to $4.8 billion.
Mutual trade with Russia during the reporting period showed a decline of 38.3%, amounting to $7.6 billion. Trade turnover with Belarus increased by 22.9% to $251.4 million in 2025. With Kazakhstan, trade growth was recorded at 6.3% to $115.9 million. Mutual trade with Kyrgyzstan has declined by 23.2% to $11.3 million. The share of the EAEU countries accounts for 37.5%.
Meanwhile, trade turnover with EU countries increased by 7.2% in 2025, reaching $2.5 billion (or 11.7% of total trade). Exports increased by 9% to $666.8 million, while imports grew by 6.5% to $1.8 billion.
