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Processing vs. raw materials: Economist explains benefits of EAEU market for Armenia
... barriers specifically, standards within the EU prevent Armenia from diversifying its trade with the bloc. "This is a serious issue that has prevented Armenia from increasing... ... the EAEU market, the expert said the situation is quite different, explaining that a free trade zone has been in place since 2012, and Armenia has benefited from it since 2014. As... ... Armenia does not intend to sever economic ties or reduce trade volumes with the EAEU or Russia. Instead, the country is pursuing economic diversification and aims to increase...
04/14/2025Armenia's withdrawal from EEU at the stage of negotiations on joining the EU will cost 30-40% of its GDP – Shoigu
... as it will have to withdraw from the Eurasian Economic Union (EEU), Secretary of the Russian Security Council Sergei Shoigu told reporters. YEREVAN, March 20. /ARKA/... ... single labor market, including employment without permits, simplified registration, free medical care, free education and much more. Shoigu recalled that remittances to... ... cancel duties on goods from EU countries. "Naturally, the customs union and free trade with the EEU countries will be out of the question. It will also have to leave the CIS free trade zone," he added. Armenia's trade turnover with the EEU countries amounted to 12...
03/20/2025Armenia realizes the necessity of leaving Russian economic zone of influence - Speaker of Finnish Parliament
Armenia has a clear will to withdraw from Russia's economic and military zone of influence, Finnish Parliament Speaker Jussi Halla-aho said on Thursday. YEREVAN,... ... the Russian market. However, as our Armenian colleagues told us, it is hard to stop trade with Russia if there are no alternatives. There are two processes - integration... ... of our choice. We can have an authoritarian country with no elections, no rights and free media. And we can have a country that has its challenges, but it is free and has...
01/24/2025Global recession or just an adjustment: what awaits Armenia amid the "storm" in the world stock markets
... fall of 13.5 per cent. After that, European stock exchanges opened in the "red zone". American stock indices also collapsed at the opening of trading: the S&P... ... said. The economist also drew attention to additional risks related to geopolitics and Russian-Armenian relations.. "We see that they are already manifested in the export... ... production of construction materials here. What I would not encourage is services and trade. Although these markets are generally growing, there are problems there too. For...
08/07/2024Armenia proposes cooperation on Gyumri dry port to UAE
... Ministry of Economy reported on Monday. Armenian Economy Minister Gevorg Papoyan met with the UAE Minister of State for Foreign Trade Thani bin Ahmed Al-Zeyoudi and the UAE Deputy Minister of Industry and Advanced Technology Omar Suwaina Al-Suwaidi on the sidelines of the INNOPROM-2024 forum in Russia’s Yekaterinburg. According to the press service of the Armenian Ministry of Economy, the discussions covered potential ... ... Airport, the railway, and the North-South transport corridor. The Shirak province is expected to transform into an industrial zone, with the dry port serving as a multifunctional and multimodal hub for regional and international companies needing to consolidate ...
07/08/2024Russian deputy prime minister says EEU and EU incompatible
... incompatible, the arrival of extra-regional players in Armenia will have consequences, Russian Deputy Prime Minister Alexei Overchuk said, speaking at the Primakov Readings... ... prime minister said. Overchuk said Russia is interested in a stable Armenia, in good trade relations, "in good brotherly relations." "When real threats arise... ... evacuated. The flood-affected localities in two marzes have been declared a disaster zone. -0-
06/25/2024EEU and Iran sign full-fledged free trade agreement
Five former Soviet republics- Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia- which are members of the Eurasian Economic Union (EEU) have signed today a free trade agreement with the Islamic Republic of Iran. YEREVAN, December 25. /ARKA/. Five former Soviet republics- Armenia, Belarus,... ... representatives of Armenia, Belarus, Kazakhstan and Kyrgyzstan. The provisional agreement on the establishment of a free trade zone between the EEU and Iran was concluded on May 17, 2018 and was valid from October 27, 2019. --0--
12/25/2023Armenia can become a bridge between Iran, India and EEU countries - Armenian Deputy Foreign Minister
... Union (EEU) Armenia is well positioned to become a bridge between Iran, India and the EEU member states (which comprises also Russia, Belarus, Kazakhstan and Kyrgyzstan), Armenian Deputy Foreign Minister Mnatsakan Safaryan said today, speaking at the Crossroads of Peace conference. "Since Iran has a free trade zone agreement with the EEU and India is in the process of negotiating a similar agreement , Armenia as a member of the EEU can ...
12/05/2023Armenia supports Egypt in negotiations with EEU on free trade area agreement
... noted that Azerbaijan has once again violated the November 9, 2020 statement and stressed the importance of an adequate response from the international community. The EEU is a Eurasia-based economic union that consists of a number of post-Soviet states: Russia, Armenia, Belarus, Kazakhstan, and Kyrgyzstan. Since the establishment of the union in 2015, Egypt has worked to strike a free trade zone agreement with the EEU states.--0--
01/30/2023Iran plans to finalize FTZ with EEU in a month
... deputy minister, Iran is also interested in creating a free economic zone in partnership with the EEU and is ready to provide the infrastructure of its sea ports for the implementation of relevant projects. An interim agreement on the formation of a free trade zone between the EEU and its member states (Armenia, Belarus, Kazakhstan, Kyrgyzsta and Russia), on the one part, and the Islamic Republic of Iran, on the other part, was concluded on May 17, 2018 and has been in effect since October 27, 2019. -0-
11/30/2022Armenian and Russian Foreign Ministers discuss regional security issues
... Mirzoyan, who was in Moscow on a working visit, had a meeting with Foreign Minister of Russia Sergey Lavrov. YEREVAN, September 6, /ARKA/. On September 5, Foreign Minister... ... strengthening of Armenian-Russian strategic partnership and allied relations, including in trade-economic and scientific-cultural spheres. Highlighting that this year marks the... ... Nagorno-Karabakh was stressed in strengthening the ceasefire regime in the conflict zone and preventing provocations, ensuring the safety and living conditions of the Armenian...
09/06/2022Over 1,200 new companies with Russian capital started in Armenia since March- minister
... new infrastructure in Armenia to address the issues of some 1,200 new companies with Russian capital that were started in Armenia since March, Armenian Minister of Economy... ... for this reason it was decided to start organizing several technoparks and industrial zones, the construction of one - the Shirak industrial zone - will start next year.... ..., medicine products and many other industries. This will remove obstacles in mutual trade," Kerobyan said. -0-
07/07/2022Pashinyan sends congratulatory message to Putin on the occasion of the 30th anniversary of diplomatic relations between Armenia and Russia
... Prime Minister Nikol Pashinyan sent a congratulatory message to the President of the Russian Federation Vladimir Putin on the occasion of the 30th anniversary of the establishment... ... cooperation between our countries in the military-political, economic, industrial, trade, interregional, humanitarian and scientific-educational spheres. Due to the active... ... Your personal contribution to achieving a ceasefire in the Nagorno-Karabakh conflict zone, as well as to ensuring favorable living conditions in Nagorno-Karabakh. I hope...
04/03/2022Putin, Macron expect Pashinyan-Aliyev meeting in Brussels to be useful
Russian President Vladimir Putin has discussed today in detail the situation in the Nagorno-Karabakh conflict zone with French President Emmanuel Macron, the Kremlin press service reported, saying the telephone call was initiated by the ... ... also about the measures taken in the conflict zone to observe the ceasefire, the encourage the return of refugees, and renew trade, economic and transport ties in the region. Putin and Macron were said to express hope that the meeting of the Armenian ...
12/14/2021Talks on free trade zone between EEU and India to start in early 2022 - Lavrov
... year," the Russian top diplomat said. The Eurasian Economic Union, which includes Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia, has already signed free trade agreements with Vietnam and Singapore, as well as an interim agreement with Iran. Free trade zones are also being negotiated with Egypt and Israel. Russia is India's largest trading partner among the EAEU countries. -0-
12/06/2021Standard & Poor’s Global Ratings expects Armenia’s real GDP growth of 6.3% in 2021
... pandemic and military conflict along the contact line in the Nagorno-Karabakh conflict zone. We think that growth will come from robust exports and private consumption,’... ... from pent-up savings and a significant increase in worker remittances--not only from Russia, which hosts as many as 200,000 Armenian seasonal workers (or almost 20% of Armenia’s... ... several risk factors could impair Armenia’s growth outlook. The country has strong trade links with Russia and so depends on economic developments there. Russia is the...
10/13/2021EEU and Iran to have talks on free trade zone in September, 2021
... round of negotiations on concluding a free trade zone agreement in September 2021, a representative of the Eurasian Economic Commission (EEC), the executive arm of the EEU, told reporters, according to TASS. YEREVAN, July 22. /ARKA. Members of the Russia-led Eurasian Economic Union (EEU) and Iran will hold the first full round of negotiations on concluding a free trade zone agreement in September 2021, a representative of the Eurasian Economic Commission (EEC), the executive arm of the EEU, told reporters, according to TASS. The announcement came after a meeting of the delegations tasked to negotiate the conclusion ...
07/22/2021EEU and Iran to start negotiations on free trade agreement
... Commission Board Mikhail Myasnikovich and Iranian Energy Minister, co-chairman of the Permanent Russian-Iranian Intergovernmental Commission on Trade and Economic Cooperation Reza Ardakanian discussed today the prospects for the formation of a full-fledged free trade zone between the Eurasian Economic Union and Iran on the sidelines of an economic forum in Russian Saint Petersburg. YEREVAN, June 3. /ARKA/. The chairman of the Eurasian Economic Commission Board Mikhail Myasnikovich and Iranian Energy Minister, co-chairman of the Permanent Russian-Iranian Intergovernmental Commission on Trade and ...
06/03/2021Lavrov: Russian-Armenian relations tested by time
Russian-Armenian relations have been tested by time, Russian Foreign Minister Sergey ... ... maintain warm relations with Armenia after the 44-day war in the Nagorno-Karabakh conflict zone. “Russia is always ready to lend a shoulder to the fraternal Armenian people... ... tens of thousands of Sputnik V vaccines. “We are successfully developing ties in trade and economy, which are facilitated by regular meetings of the co-chairs of the...
05/24/2021Measures being taken to restore Armenian-Russian trade - Lavrov
Due to the coronavirus pandemic, the Russian-Armenian trade slashed last year by 9.6% to $2.3 billion, Russian Foreign Minister Sergey Lavrov said on Thursday during a joint press ... ... statement (signed last November by the leaders of Armenia, Azerbaijan and Russia to end the war in the Nagorno-Karabakh conflict zone), saying it will greatly benefit the region and create the conditions necessary for normalizing the general situation and ...
05/06/2021Armenian MP: Iran's accession to Eurasian Economic Union may become a turning point
... Tehran would take its first steps to join the organization in two weeks. Ghalibaf made the remarks following a meeting with Russia’s President Vladimir Putin during a three-day trip to Moscow. “This union has connected all regional countries and established a free trade zone. Iran has started talks for becoming a permanent member of the union and preparations for our permanent membership will be ...
02/23/2021Trilateral Armenian-Russian-Azerbaijani working group not considering trade between Armenia and Azerbaijan and Turkey
Deputy prime ministers of Armenia, Azerbaijan and Russia, who chair a trilateral commission, set up to deal with the reopening of transport links in the region are not negotiating bilateral or trilateral trade between Armenia and Azerbaijan and Turkey, Sisak Gabrielyan, an MP from the ruling My Step bloc, said at a press briefing ... ... said the November 9 statement, signed by the leaders of the three countries to end the war in the Nagorno-Karabakh conflict zone, calls for resumption of economic ties: to ensure movement of goods through the territory of Armenia to Azerbaijani exclave ...
02/12/2021Marukyan finds it necessary to start urgent negotiations on deployment of Russian military base in Syunik
... long-term peace and security in the region, which is part of the CSTO single security belt, and is also the border of the EAEU with the Islamic Republic of Iran, with which the regime of a temporary agreement is in effect, leading to the formation of a free trade zone,” Marukyan said. He noted that the experience of the 102nd Russian military base in Gyumri is a guarantee of the effectiveness of such a security mechanism. For decades, the base has ensured the inviolability of the Armenian-Turkish border. Development of New Document “We consider the potential of the new agreement ...
12/23/2020Yerevan, Moscow discussing room for establishing military engineering production
... zone Alliance in Armenia of the Yerevan Scientific Research Institute of Mathematical Machines and the Russian organization RAO Mars important. The Armenian minister stressed the importance of expanding the work of innovative companies operating in the free economic zone and highly appreciated the pace of their development. The meeting was also attended by Deputy Minister of Industry and Trade of the Russian Federation Aleksey Gruzdev and Deputy Minister of High Technology Industry of Armenia Gor Melikyan. During his visit to Russia, Hakob Arshakyan held a number of important working meetings, at which strategic developments were also discussed around ...
12/15/2020EEU-Serbia free trade zone agreement to come into force in 2021
The Agreement on Free Trade Zone signed between the Eurasian Economic Union (EEU) and Serbia will enter into force in 2021, Armenian Minister of Economy Tigran ... ... Intergovernmental Council. The new EEU-Serbia trade agreement not only fully harmonizes the terms of trade between Belarus, Kazakhstan and Russia with Serbia, with which they already have bilateral free trade agreements, but also creates a similar regime for Armenian ...
11/05/2020Armenia interested in conclusion of free trade agreement between Egypt and EAEU
... zone. Negotiations are under way with Egypt, Israel and Argentina. Jordan and Thailand announced their intention to create a free trade zone with the EAEU.<br> <br> In general, the EAEU has already received 50 proposals from various countries and ... ....<br> <br> Armenia became a full member of the EAEU on January 2, 2015. Currently, the organization also includes Russia, Belarus, Kazakhstan and Kyrgyzstan. Moldova has observer status in the union. -0-<br> <br>
09/14/2020EEU and India negotiate free trade agreement
... the increasingly aggressive use of financial sanctions by the U.S. Administration, Russia continues its policy aimed at gradual de-dollarization of the economy, Russian... ... economic and legal mechanisms to reduce the negative impact of restrictions on bilateral trade and investment ties. 'Expanding settlements in national currencies is one of our... ..., which will by far increase investor protection for both sides. The agreement on a free trade zone between the Eurasian Economic Union (EEU) and India which is currently being negotiated...
01/15/2020Eurasian economic union and Singapore sign free trade agreement
... October 1. /ARКА/. The Eurasian Economic Union (EAEU) and Singapore have signed today in Yerevan an agreement to create a free trade zone. The agreement was signed after the conclusion of an EEU summit. The agreement was signed by EEU Board chairman Tigran Sargsyan, deputy prime ministers of Belarus, Kazakhstan, Armenia, Kyrgyzstan and Russian Finance Minister. On part of Singapore it was signed by Tarman Shanmugaratnam, Senior Minister and Minister for Social ...
10/01/2019Iran ratifies free trade agreement with Eurasian economic union
... with the Eurasian Economic Union (EEU). YEREVAN, June 10. /ARKA/. The parliament of the Islamic Republic of Iran has ratified today an agreement to create free trade zone with the Eurasian Economic Union (EEU). A provisional agreement to create a free trade zone between Iran and the EEU was signed in May 2018, Russian news agency TASS reported. Under the provisional agreement, customs duties on imports of a wide range of goods are to be cut and removed. The provisional arrangement is to last for three years before to translate into a full-fledged deal. The ...
06/10/2019Armenia developing its economy quite dynamically after joining Eurasian Economic Union
... late 2014),” the analysts say in their report. “As a result, money transfers from Russia and the low consumer demand inside the country didn’t bar Armenia’s GDP from... ... while industry has retained its stable level and services have grown. Armenia’s key trade partners are outside the union due to its geographical position and the structure... ... part the country’s membership played was in the development over China’s economic zone in the Silk Road. They say the Eurasian Fund for Stabilization and Development...
05/14/2019Expert: Armenia needs to be more active in presenting its business legislation to entrepreneurs from Iran
... beginning to play a bigger role. “The agreement will give an economic effect only after companies start registering in the free trade zone If there is no communication, no cooperation, then no economic activity should be expected,” said Israelyan. He said the ... ... with Iran is a problem not only for Armenia, but also for other members of the Eurasian Economic Union, which includes also Russia, Kazakhstan, Belarus and Kyrgyzstan. -0-
02/25/2019Meghri free economic zone opening scheduled for December 15
... economic development and investments minister, has visited the territory of Meghri Free Economic Zone, the ministry’s press office reported on Wednesday. YEREVAN, November... ... hectares with expansion up to 45-50 hectares in the future. More than ten companies from Russia, Iran and Europe have already expressed their willingness to work in the zone... ... and increase exports from Armenia by 30%. The main aim of its creation is to develop trade and economic relations with Iran and other countries of the region, develop Syunik...
11/29/2017Sargsyan: Armenia-Russia relations distinguished by sustained political dialogue
Serzh Sargsyan, Armenian president, received Tuesday Russian Prime Minister Dmitry Medvedev, who is paying an official visit to Armenia, ... ... and military-technical spheres and specifically in the field of mutually beneficial trade, Sargsyan is quoted in the press release. “Last year we boasted a 15% growth... ... security and defense and investments. We discussed the possibility of working in the free economic zone to be set up in cooperation with Iran and a number of other large-scale projects...
10/25/2017Armenian president points out steps for strengthening Eurasian Economic Union
... speaking Wednesday at a Supreme Eurasian Economic Council in Sochi, Russia, said that for almost three years of the Eurasian Union’s ... ... considerable amount of work has been done to implement the principles of freedom of movement of goods, services, capital and labor in the ... ... of this year, we have had an increase in the volume of mutual trade by about 28% as compared to the same period last year. In ... ... projects that would promote the merger of the EAEU with the One-Zone, One-Way initiative, involving all countries of the Union....
10/12/2017Kamaz to assemble trucks in Armenian free trade zone
Kamaz, Russia's largest manufacturer of trucks, is expected to set up a plant in Armenia’s free trade zone to assemble trucks, deputy minister of economic development and investment Hovhannes Azizyan told ARKA. YEREVAN, October 9. /ARKA/. Kamaz, Russia's largest manufacturer of trucks, is expected to set up a plant in Armenia’s free trade zone ...
10/09/2017Russian companies to invest in Armenian Meghri free trade zone
The Russian Export Center jsc signed a number of agreements on the margins of the II Eurasian Partnership forum in Yerevan last Friday, envisaging the participation of Russian companies in the Armenian free trade zone in the southern Meghri on the border with Iran, in the development of cooperation in the field of communications and agriculture. YEREVAN, October 9. /ARKA/. The Russian Export Center jsc signed a number of agreements on the margins of the II ...
10/09/2017Armenian PM: new round of relations with Iran is coming
... round in the development of relations with Iran is coming. "In the near future, we are completing the establishment of a free economic zone on the border with Iran and will sign an agreement with the Iranian side on the special work regime at the border," ... ... that Armenia's membership in the Eurasian Economic Union (EEU) is already bearing fruit. "We are seeing a big increase in trade with all the member countries of the EEU, including Russia. So I think that there are a lot of topics for discussion today," the prime minister said. Together with this he reminded ...
10/06/2017Foreign investors want to develop activity within Meghri free economic zone
Foreign investors want to develop activity within Meghri free economic zone, the press office of the Armenian ministry of economic development and investments ... ... investments minister, met Friday with Ara Abrahamyan, head of the Union of Armenians of Russia, and foreign investors, who said that this free economic zone is very attractive... ... According to the government, the main purpose of the free economic zone is to help boost trade and economic relations with Iran and other countries of the region, help the development...
10/06/2017Armenia and Russia discuss establishing light industry joint venture
... ‘cooperation with the Armenian side is one of the priority directions.’ Karayan was said to have pointed out the cooperation potential in the field of radio electronics. He also spoke about the opportunities offered to manufacturers by the Meghri free trade zone located on the border with Iran. During the meeting, Karayan, Nikitin and the head of the Union of Armenians of Russia Ara Abrahamyan discussed a set of issues related to the holding of the second International Forum of the Eurasian Partnership in Yerevan in October. -0-
09/08/2017Sargsyan: bilateral mutually beneficial Armenian - Russian cooperation is expanding
President Serzh Sargsyan sent a congratulatory message to the President of Russian Federation Vladimir Putin on the occasion of 20th anniversary of signing the ... ... fields. Bilateral mutually beneficial cooperation is expanding from year to year in trade and economy, energy, transport, innovations and mining areas; promising investment... ... of peace, stability and security in the South Caucasus and the CSTO responsibility zone, as a whole”. -0-
08/29/2017Armenia comments on Turkey’s desire to join EEU customs zone
... Kocharyan commented on the desire of Turkey to join the Eurasian Economic Union’s customs zone. YEREVAN, AUGUST 21. /ARKA/. In a twit Armenia’s Deputy Foreign Minister... ... country to sign a customs agreement with the Eurasian Economic Union on the creation of a free trade zone. According to Zeybekci, Ankara hopes to complete the relevant talks already... ... full-fledged member of the EEU January 2, 2015. Currently, the organization also includes Russia, Belarus, Kazakhstan and Kyrgyzstan. -0-
08/21/2017Valovaya: Armenia plays key part in Iran’s integration with Eurasian Economic Union
... Economic Union. However, they didn’t support us pointing out political problems with Russia. But we are an economic union, and while officials are thinking whether to establish... ... ARKA – What is being done today to expand the Eurasian Economic Union influence zone? Valovaya – Earlier, the Eurasian Economic Union signed a joint declaration with... .... At the moment, the Eurasian Economic Union is negotiating over a non-preferential trade and economic cooperation agreement. We are discussing problems in interlinking...
07/10/2017More than ten foreign companies already applied for doing business in “Syunik” free economic zone
... trade turnover between Armenia and Iran is not comparable with that between the Eurasian Economic Union and Iran. Referring to Russia’s Izvestia, the newspaper reports that the Eurasian Economic Union and Iran have reached a preliminary agreement on more than a half of the varieties of goods (some 200 of 400) they will supply to each other within the free trade zone. A temporary free trade zone may be created already this year, and later, in there years it will transform into a constant ...
05/25/2017Reelection of Rouhani as president of Iran opens up new opportunity for Armenia to implement its joint projects with Tehran
... as soon as possible," Voskanyan said. According to Voskanyan, Armenia should work to enhance cooperation with Georgia, Russia, and also Turkmenistan to advance the quadrilateral cooperation. "Such formats allow Armenia to increase its role ... ... being carried out to strengthen the Armenian-Iranian relations in the sectors of customs, agriculture and in the creation of a free trade zone. Rouhani was re-elected President of Iran scoring 57% of votes in May 20 election. According to Iranian Interior Ministry,...
05/22/2017Bordachev: Armenian society ill-informed about Eurasian integration advantages
... of Eurasian integration you see? Bordachev – Attraction of direct foreign investments. If, for example, South Korea wants free trade zone agreements with the Eurasian Economic Union, we should have clear guarantees and an institutional mechanism of the flow of investments in the Eurasian Economic Union from this country. And not only to the destination where they go – Russia or Kazakhstan, but also to other union member countries, such as Armenia. That is why it is necessary to create mechanisms ...
04/04/2017Membership in Eurasian economic union gives no advantages to Armenia - former prime minister
... of the union’s GDP comes from Russia and this union is tailored for Russia’s interests. “Our authorities should tell Russia that although Armenia is a small country, but it is necessary to respect our interests – otherwise, goodbye,” he said. “We thinks it is necessary to quit, When we quit we’ll remain in the free trade zone of the Commonwealth of Independent States.” Bagratyan added that Armenia’s trade has shrunk 23% since it joined the ...
03/13/2017Armenian -Russian investment fund to be established within months, Suren Karayan says
The Armenian-Russian investment fund will be established in the coming months, the economic development ... ... week the parties looked at the possibility of Russian companies’ involvement in the free economic zone to be established near the Armenian-Iranian border. Appreciating the proposal,... ... purpose of the fund is financing and investment in sectors that will lead to growth of trade turnover between the countries, substitution of imported goods, development of...
01/26/2017Armenia to attract Russian capital to Meghri free economic zone on border with Iran
Armenia will attract Russian capital to the Meghri free economic zone on its border with Iran, Karen Karapetyan, Armenian prime minister, said Thursday at a regular Cabinet meeting. YEREVAN,... ... and to increase the export by 30% thanks to the launch of the free zone. The key aim of the free economic zone is to develop trade and economic relations with Iran and other countries of the region and to contribute to development of Syunik province. ...
01/26/2017Armenian premier tells Bloomberg how he intends to develop economy and combat corruption
... competition, said Karapetyan, a former mayor of Yerevan who took office after returning from Russia, where he worked in Moscow since 2012 for a subsidiary of Gazprom PJSC, the world’s... ... businesses in areas such as health care, education and agriculture. Armenia rejected a trade pact with the European Union to enter the Russian-led Eurasian Economic Union... ... program. Karapetyan said he’s ordered plans developed by December 25 to implement a free economic zone near Armenia’s southern border to boost ties in areas including agriculture and...
11/22/2016Armenian experts: Turkey unlikely to join Eurasian Economic Union
... statement is nothing more than a probe, just like information about prospects for providing Turkey’s Incirlik military air base to Russia’s air forces. Sergey Minasyan, the head of the Caucasus Institute’s political analyses department, finds Turkey’s accession to the Eurasian Economic Union unlikely. “Turkey has free trade zone with the European Union now, and it will have to choose between free trade with the European Union and membership in the ...
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