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Pashinyan says Armenia’s political and economic agendas are determined by its integration with EEU

22.10.2018, 12:44
Addressing the participants of the 3rd Eurasian Week that kicked off today in Yerevan, Armenia’s acting Prime Minister Nikol Pashinyan said  the country’s economic and political agendas are  determined by its ongoing integration in the Eurasian Economic Union (EEU).
Pashinyan says Armenia’s political and economic agendas are determined by its integration with EEU
YEREVAN, October 22. /ARKA/.  Addressing the participants of the 3rd Eurasian Week that kicked off today in Yerevan, Armenia’s acting Prime Minister Nikol Pashinyan said  the country’s economic and political agendas are  determined by its ongoing integration in the Eurasian Economic Union (EEU).

 “At this stage, Armenia’s political and economic systems are  undergoing a profound transformation. Obviously, to a large extent it is determined by the integration potential of the EEU,” he said.

In this context, Pashinyan described the business forum, which is part of the event,  as a good platform for summarizing the results of the integration process, especially ahead of Armenia’s rotating chairmanship of the economic bloc. He said the participants of the business forum will have the opportunity to discuss their issues of concern  and ways to overcome and existing obstacles.

“It is gratifying that more than 300 Armenian companies are participating in the forum, showing they are  for long-term cooperation, for attracting investments and building partnerships.,” said Pashinyan.

He said Armenia shows stable economic growth rates of trade and cooperation with EEU member  countries with exports increasing by 31.3% in the first 7 months  of the year to $352 million as opposed to the same time span of 2017.

He also emphasized the importance of an agreement signed by EEU and  Iran  to form a free trade zone. ‘Armenia is the only member of the EEU with a common land border with Iran. It also has a free tarde zone on the border with Iran, which is an additional incentive for the development of trade and economic ties. We are ready to serve  as a  platform for building trade and economic relations between Iran and the EEU countries, " he said

This largest international forum has brought  to Armenia  over 2.5 thousand participants from more than 25 countries, including  the USA, Germany, Switzerland, Belgium, Singapore and China.

This year, the Eurasian Week is being held under the motto "EEU is a  space for business."
The plenary session of the forum, involving deputy prime ministers of the EEU countries, will be devoted to building up the business potential in the context of integration. 

The Eurasian Week Forum is an annual event organized by the EEU and the Eurasian Economic Commission. -0-