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Exports from Armenia to EEU totaled around $1.8 billion during the first seven months of 2025, according to Papoyan.
From January to July 2025, Armenia's exports to the Eurasian Economic Union (EEU) reached $1.8 billion, reflecting an increase of $42 million or 2.4% compared to the same timeframe in 2024, as stated by Minister of Economy Gevorg Papoyan. YEREVAN, August 20. /ARKA/. From January to July 2025, Armenia's exports to the Eurasian ...
08/20/2025Overchuk: Armenia's accession to EU contradicts EEU norms
Russian Deputy Prime Minister Alexei Overchuk plans to sign a letter to Armenian Deputy Prime Minister Mher Grigoryan to state that Armenia's actions to join the EU contradict the norms of the Eurasian Economic Union (EEU), of which Armenia is a member. YEREVAN, June 27. /ARKA/. Russian Deputy Prime Minister Alexei Overchuk plans to sign a letter to Armenian Deputy Prime Minister Mher Grigoryan to state that Armenia's actions to join the EU contradict the norms ...
06/27/2025Delivery times for goods from Armenia and other CIS countries to Russia have increased by two weeks
... Kyrgyzstan. Only Belarus is operating without delays, noted Alexei Razumovsky, commercial director of Impaya Rus. The Russian Federal Customs Service press service noted that Russia, Kazakhstan, and Armenia are members of the Eurasian Economic Union (EEU) and have a single customs territory. Cargoes may be inspected when transiting from third countries. Izvestia sent a request to representatives of the aforementioned countries. Olga Shoall of Novasmart cited among the reasons for the delays in Kazakhstan ...
06/27/2025Vape importer suspected of tax evasion worth $370,000 in Armenia (video)
... Armenia, amounting to more than 142 million drams (almost $370,000). Operational data was received indicating that this company was selling imported vapes at retail prices below the excise tax for this product. During the next delivery of products from an EEU member country, SRC employees conducted an inspection at the cargo terminal at Zvartnots Airport. It turned out that the volumes indicated on the self-adhesive labels were 10 times less than the actual volumes in the original factory packaging. In ...
06/23/2025Armenia will lose the right to free movement of goods in EEU common market if it moves closer to EU - Zakharova
Armenia will lose the right to free movement of goods and services in the Eurasian Economic Union's (EEU) common market if it moves closer to the European Union, Russian Foreign Ministry spokeswoman Maria Zakharova said at a press briefing on Thursday. YEREVAN, June 19. /ARKA/. Armenia will lose the right to free movement of goods and services in ...
06/19/2025Armenia's withdrawal from EEU at the stage of negotiations on joining the EU will cost 30-40% of its GDP – Shoigu
Armenia will lose many privileges if it joins the European Union, 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/. Armenia will lose many privileges if it joins the European Union, as it will have to withdraw from the Eurasian Economic Union (EEU), Secretary ...
03/20/2025Armenia aims to connect itself with both EEU, EU, Arab, Asian and other markets by "numerous threads" - Papoyan
Armenia seeks to connect its economy with the Eurasian Economic Union (EEU) market as well as the EU, Arab, Asian and other markets with as many threads as possible, Minister of Economy Gevorg Papoyan said. YEREVAN, March 17. /ARKA/. Armenia seeks to connect its economy with the Eurasian Economic Union (EEU) market ...
03/17/2025Pashinyan: Armenia's biggest challenge in EU accession process is compliance with European standards
... the EU only if the people approve this initiative in a referendum. He pointed to the need to discuss and develop a joint roadmap with the EU. Pashinyan said also that Armenia has no plans to break economic ties and reduce the trade turnover with the EEU and Russia. According to him, Armenia is seeking to diversify its economic ties and wants to increase trade turnover with the European Union as well.-0-
02/12/2025Armenia gets obvious dividends from EEU membership while waiting for EU accession - Peskov
Nations have been queuing up for decades to join the European Union, and as regards Armenia it is getting obvious dividends from its membership in the Eurasian Economic Union (EEU), Russian presidential spokesman Dmitry Peskov told the state-controlled news agency TASS. YEREVAN, February 12. /ARKA/. Nations have been queuing up for decades to join the European Union, and as regards Armenia it is getting obvious dividends ...
02/12/2025Opposition MP describes Armenia’s move towards EU as ‘shameful bluff that threatens Armenia's foreign policy’
... country into mass poverty by planning to seek membership in the European Union. Likewise, Russian Deputy Prime Minister Alexei Overchuk warned that a bid for EU membership would mark the beginning of iArmenia's withdrawal from the Eurasian Economic Union (EEU), the Russian-led trade bloc. According to him Armenia would thus lose access to Russia's huge market, vital to its economy.-0-
02/12/2025Armenia feels good in EEU and intends to deepen cooperation with Iran - Pashinyan
Armenia feels good in the Eurasian Economic Union (EEU), and the figures speak for themselves, said Prime Minister Nikol Pashinyan at a conference Friday. YEREVAN, January 31. /ARКА/. Armenia feels good in the Eurasian Economic Union (EEU), and the figures speak for themselves, said Prime Minister ...
01/31/2025Overchuk: Armenia knows that joining EU will close EEU market for it
... Minister Alexei Overchuk has again warned that Armenia will pay a huge economic price if it strives to join the European Union. 'Armenia is aware that its accession to the European Union will result in its withdrawal from the Eurasian Economic Union (EEU) and the closure of the EEU market for its products.' Overchuk said. “Opening markets with the European Union will mean closing markets with the Eurasian Economic Union. Otherwise, our producers in the Eurasian Economic Union will suffer, it is ...
01/29/2025Armenia posts highest industrial output growth rate in EEU - EEC review
Armenia's industrial output in January-November 2024, amounted to over AMD 548.2 billion, reflecting 7.6% growth compared to the same time span in 2023, the Eurasian Economic Commission (EEX), the executive arm of the Eurasian Economic Union (EEU), said in an analytical review. YEREVAN, January 28. /ARKA/. Armenia's industrial output in January-November 2024, amounted to over AMD 548.2 billion, reflecting 7.6% growth compared to the same time span in 2023, the Eurasian Economic Commission ...
01/28/2025Almost 930 thousand square meters of housing commissioned in Armenia in January-November, up 89% yoy - EEC
... square meters of housing was commissioned in Armenia in January-November 2024, up 89% compared to the same time span of the previous year . According to the Eurasian Economic Commission (EEC) review, Armenia is ahead of other Eurasian Economic Union (EEU) member countries in terms of growth. According to the review, in Kazakhstan the growth amounted to 8.3% (16.3 million square meters of housing), in Kyrgyzstan – to 7.1% (1.1 million meters), in Russia -to 0.7% (93.8 million square meters), and ...
01/28/2025Moscow reminds Yerevan of the incompatibility of Eurasian economic integration and EU membership
Russian Foreign Ministry said Armenia’s aspiration to join the European Union and its membership in the Eurasian Economic Union (EEU) are incompatible. YEREVAN, January 24. /ARKA/. Russian Foreign Ministry said Armenia’s aspiration to join the European Union and its membership in the Eurasian Economic Union (EEU) are incompatible. In a commentary on the draft law on the beginning ...
01/24/2025Armenian National Assembly committee approves draft law on starting accession to European Union
... Khzmalyan stated that the issue of European integration goes beyond economy and is a “civilizational choice”. He called it unacceptable to continue discussions on Armenia's cooperation opportunities within the Russia-dominated Eurasian Economic Union (EEU). “We talk about market relations, but this is primarily a question of geopolitics and values. It's time to make a choice,” he emphasized. The head of the Committee from the ruling Civil Contract party Arman Yeghoyan reminded the present that ...
01/24/2025Armenia ranked 108th in the Logistics Performance Index for 2024
..., the country was on the 112th line among 140 countries, according to the data on the World Bank website. Regarding Armenia's neighbours, in the updated index, Georgia ranked 85th, Iran 123rd, Turkey 39th (Azerbaijan is not specified). Among the EEU member states, Kazakhstan has the best result - 80th place, followed by Belarus - 82nd place, Russia - 90th and Kyrgyzstan - 128th. The World Bank's Logistics Performance Index by Country (LPI) assesses the performance of national logistics systems ...
01/20/2025Pashinyan and Putin discuss deepening cooperation in the energy sector and Yerevan's steps in the EU context
... President Vladimir Putin. YEREVAN, 17 January. /ARKA/. Armenian Prime Minister Nikol Pashinyan had a telephone call with Russian President Vladimir Putin. The interlocutors discussed the results of Armenia's presidency in the Eurasian Economic Union (EEU), upcoming events within the framework of the EEU, as well as a number of issues on the bilateral agenda of Armenian-Russian relations, the Armenian government's press service reported. The Kremlin press service said that during the telephone call,...
01/17/2025Armenia benefits most from EEU membership - Russian Deputy Prime Minister
Armenia's economic growth shows that it benefits most from its membership in the Eurasian Economic Union (EEU), Russian Deputy Prime Minister Alexei Overchuk said today. YEREVAN, 15 January. /ARKA/. Armenia's economic growth shows that it benefits most from its membership in the Eurasian Economic Union (EEU), Russian Deputy Prime Minister Alexei ...
01/15/2025Ovechuk: energy prices will rise in Armenia, while exports will drop by 70-80 per cent if ties with the EEU curtailed
In case of curtailing ties with the Eurasian Economic Union (EEU), energy prices in Armenia will rise and exports will drop, Russian Deputy Prime Minister Alexei Overchuk told reporters. YEREVAN, 10 January. /ARKA/. In case of curtailing ties with the Eurasian Economic Union (EEU), energy prices in Armenia ...
01/10/2025Pashinyan's participation in EEU summit will be full-format, but in videoconference mode - Kremlin representative
Armenian Prime Minister Nikol Pashinyan will take a full-scale participation in the Eurasian Economic Union (EAEU) summit in the videoconference mode, although he will not come in person due to a positive test for coronavirus, Russian presidential spokesman Dmitry Peskov told reporters, TASS reports. YEREVAN, 25 December. /ARKA/. Armenian Prime Minister Nikol Pashinyan will take a full-scale participation in the Eurasian Economic Union (EAEU) summit in the video conference mode, although he will...
12/25/2024Armenian government establishes benefit for import of 2 thousand tons of butter
... decided at a meeting on Thursday to implement a tariff preference for butter imported from EAEU countries. YEREVAN, December 19. /ARKA/. The Armenian government decided at a meeting on Thursday to introduce a tariff preference for butter imported from EEU member countries. The procedure for distributing imported butter, as well as the forms for one-time and main licenses, were also approved. Earlier, the Eurasian Economic Commission (EEC, the executive arm of EEU) Board decided to grant Armenia an ...
12/19/2024Smuggling of 25 thousand boxes of cigarettes from Iran stopped in Armenia (VIDEO)
... thousand boxes of smuggled cigarettes, which smugglers tried to import to Armenia from duty-free shops in Iran and Georgia, were discovered during the last six months. Also, more than 7 thousand e-cigarettes sticks from the Russian Federation, declared in EEU cargoes either by wrong code or not by name, were also detected. -0-
12/17/2024Armenia's trade turnover with EEU countries in January-October exceeded $11bn. - Ministry of Economy
Armenia's trade with Eurasian Economic Union’s (EEU) member states exceeded the threshold of $11 billion in the first 10 months of 2024, against $3.4 billion for the whole of 2023, Armenian Deputy Economy Minister Narek Hovakimyan said on Monday. YEREVAN, 16 December. /ARKA/. Armenia's trade ...
12/16/2024Formation of EEU common energy market faces serious difficulties- Pashinyan
The formation of a common energy market for all members of the Eurasian Economic Union (EEU) has been encountering serious difficulties, as a result of which some of the announced initiatives are not fully functioning, Armenian Prime Minister Nikol Pashinyan said. YEREVAN, 13 December. /ARKA/. The formation of a common energy market ...
12/13/2024Crossroads of Peace will expand transport, trade and economic ties between the countries - Armenian Prime Minister
... respect for the sovereignty and jurisdiction of the countries, as well as the principle of equality and reciprocity,’ Pashinyan said at a meeting of the Eurasian Intergovernmental Council in Moscow on Friday. According to him, the capabilities of the EEU member states in the field of transport and logistics are not fully utilised. ‘In this context, I consider it necessary to once again note the importance of this project for our region, which envisages creation and modernisation of a number of transport ...
12/13/2024Armenia's industrial potential has considerable development prospects in EEU - Pashinyan
Armenia's industrial potential, including jewellery and pharmaceutical industries, as well as agro-processing, has considerable development prospects in cooperation with partner states from the Eurasian Economic Union (EEU), Prime Minister Nikol Pashinyan said at a session of the Eurasian Intergovernmental Council in Moscow today. YEREVAN, 13 December. /ARKA/. Armenia's industrial potential, including jewellery and pharmaceutical industries, as well as agro-processing,...
12/13/2024Pashinyan explains why Armenia refused to host EEU Supreme Economic Council meeting
Armenian Prime Minister Nikol Pashinyan revealed today why Yerevan refused to host a meeting of the Eurasian Economic Union's (EEU) Supreme Economic Council. YEREVAN, 4 December. /ARKA/. Armenian Prime Minister Nikol Pashinyan revealed today why Yerevan refused to host a meeting of the Eurasian Economic Union's (EEU) Supreme Economic Council. ‘I personally considered it ...
12/04/2024Armenia to host next meeting of EEU Joint Board of Customs Services in 2025
Armenia will host a regular session of the Joint Board of Customs Services of Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia, which are members of the Eurasian Economic Union (EEU). YEREVAN, 29 November. /ARKA/. Armenia will host a regular session of the Joint Board of Customs Services of Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia, which are members of the Eurasian Economic Union (EEU). The session will take place ...
11/29/2024Supreme Eurasian Economic Council to meet in Russian St. Petersburg at request of Armenia
At the request of Armenia, which is currently chairing the Eurasia Economic Union (EEU), a regular meeting of the Supreme Eurasian Economic Council will take place next December 25 in Russian Saint Petersburg. YEREVAN, November 26. /ARKA/. At the request of Armenia, which is currently chairing the Eurasia Economic Union (EEU),...
11/26/2024Armenia contributes $93 million more to EEU budget than receives - Papoyan
Armenian Economy Minister Gevorg Papoyan revealed today that between January and October 2025 Armenia contributed $231 million worth of tax levies to the common budget of the Eurasian Economic Union (EEU) and received back $138 million. YEREVAN, 31 October. /ARKA/. Armenian Economy Minister Gevorg Papoyan revealed today that between January and October 2025 Armenia contributed $231 million worth of tax levies to the common budget of the Eurasian ...
10/31/2024Armenia finalises its part of work on draft free trade agreement between UAE and EEU – minister
... counterpart, UAE Minister of Foreign Trade Tani bin Ahmed Al Zayoudi, to specify the details. ‘Our ministries are working on finalising the internal processes and sending the documents to the governments,’ the Armenian minister said. The UAE and the EEU have been negotiating a free trade agreement since March 2023. The parties expect that the agreement may be signed by the end of 2024. It will regulate, in particular, tariff liberalisation, customs and sectoral cooperation, e-commerce and intellectual property, trade protection ...
10/25/2024Iranian market will open for main part of Armenian exports: minister
... Agreement between Iran and Eurasian Economic Union (EEU) member states, the Iranian market will open for a substantial portion of Armenian exports, Economy Minister Gevorg Papoyan said today. YEREVAN, 25 October. /ARKA/. As part of the Free Trade Agreement between Iran and Eurasian Economic Union (EEU) member states, the Iranian market will open for a substantial portion of Armenian exports, Economy Minister Gevorg Papoyan said today. He presented this agreement, signed in December 2023, to a parliamentary committee on regional and Eurasian integration,...
10/25/2024Zakharova: ‘We regret Armenia's continued boycotting of CSTO’
... Russian Foreign Ministry spokesperson Maria Zakharova said. She noted that the country itself determines what is important and necessary for it. ‘We simply believe that the CSTO is as useful in the field of security as the Eurasian Economic Union (EEU) is in the field of economy. And we do not see any obstacles for interaction within these two structures with Armenia. But this is a matter of this country's national policy, just like any other sovereign state,’ Zakharova said at a press briefing ...
10/02/2024EEC proposes to set the duty-free threshold for import of goods at the level of 200 euros for 2025
The Eurasian Economic Commission (executive body of the Eurasian Economic Union - EAEU) is preparing decisions on tariff regulation of external electronic trade. YEREVAN, 25 September. /ARKA/. The Eurasian Economic Commission (executive body of the Eurasian Economic Union - EAEU) is preparing decisions on tariff regulation of external electronic trade. EEC Trade Minister Andrei Slepnev said that work is underway to prepare decisions on establishing a single rate of customs duty on a...
09/25/2024Pashinyan discusses bilateral relations with Russian Deputy PM Overchuk
... Armenian government. During the meeting, the two officials discussed various issues related to the bilateral agenda between Armenia and Russia. Additionally, they touched on topics concerning cooperation within the framework of the Eurasian Economic Union (EEU).
09/13/2024Armenia to host 3rd Eurasian Economic Forum, marking 10 years of EEU
... will take place from September 30 to October 1 in Yerevan YEREVAN, September 12. /ARKA/. The third Eurasian Economic Forum will take place from September 30 to October 1 in Yerevan, as part of Armenia's chairmanship of the Eurasian Economic Union (EEU), according to the country’s Ministry of Economy. The event will commemorate the 10th anniversary of the EEU Treaty. The forum aims to further develop economic cooperation among leaders of large, medium, and small businesses from member states and ...
09/12/2024Armenia wants to introduce fines for exporting sensitive goods to the EEU by air
The Economic Affairs Committee of the Armenian Parliament has unveiled today a set of draft amendments to the Administrative Code, which, if approved, will introduce fines for the export of sensitive goods to the Eurasian Economic Union (EEU) member states by air. YEREVAN, 4 September. /ARKA/. The Economic Affairs Committee of the Armenian Parliament has unveiled today a set of draft amendments to the Administrative Code, which, if approved, will introduce fines for ...
09/04/2024Russian official: Yerevan's EEU participation is beneficial, Moscow hopes Armenia won’t withdraw
"Relations between Moscow and Yerevan are based on mutually beneficial cooperation," Foreign Ministry official claims. YEREVAN, August 20. /ARKA/. Yerevan benefits from its participation in the Eurasian Economic Union (EEU), and Moscow hopes Armenia will not be swayed by the promises of investments and a brighter future from the United States and the European Union, according to Mikhail Agasandyan, an official with Russia's Foreign Ministry. "Relations between ...
08/20/2024Eurasian Economic Forum 2024 to be held in Yerevan in late September
... said. The forum, scheduled for 30 September - 1 October in Yerevan, is timed to coincide with the meeting of the Eurasian Intergovernmental Council, which is scheduled to review the results of the ten-year functioning of the Eurasian Economic Union (EEU). The prospects and priorities of its development will also be discussed, the EEU said. The forum is aimed at improving co-operative ties between the EEU member states. It will be attended by heads of large, medium and small businesses, government ...
08/16/2024Armenia Leads EEU in GDP and industrial growth amid low inflation
Armenia is leading the Eurasian Economic Union (EEU) in both GDP and industrial production growth YEREVAN, August 14. /ARKA/. Armenia is leading the Eurasian Economic Union (EEU) in both GDP and industrial production growth, according to the recent Macroeconomic Review by the Eurasian Development ...
08/14/2024Armenia to co-operate with EEU countries in weather forecasting
The Armenian government on Thursday approved the signing of an agreement on administrative cooperation in the field of weather forecasting and meteorological services with the authorised bodies of the Eurasian Economic Union (EAEU) member states. YEREVAN, 8 August. /ARKA/. The Armenian government on Thursday approved the signing of an agreement on administrative cooperation in the field of weather forecasting and meteorological services with the authorised bodies of the Eurasian Economic Union...
08/08/2024Armenia leads EEU in industrial production growth for January-May 2024
Industrial production in Armenia saw the highest increase among the EEU countries YEREVAN, July 22. /ARKA/. Industrial production in Armenia saw the highest increase among the Eurasian Economic Union (EEU) countries, growing by 22% in January-May 2024 compared to the same period in 2023, according to the Eurasian Economic ...
07/22/2024Trade turnover with Armenia surges from $200m to $711m - Iranian Ambassador
... turnover with Armenia has surged from $200 million to $711 million, Iran’s Ambassador to Armenia Mehdi Sobhani said in an interview with Iran's SNN news agency. He said Armenia, with its 3 million population, is a member of the Eurasian Economic Union (EEU), which has turned the country into a platform for the 200 million-strong Eurasian market. He noted that southern Armenia, as a strategic region, plays an important role in security and trade between Iran and Armenia, and the presence of Iran's consulate ...
07/19/2024Armenia records highest unemployment rate among EEU countries in Q1
Armenia registered the highest unemployment rate among the countries of the Eurasian Economic Union YEREVAN, July 12. /ARKA/. Armenia registered the highest unemployment rate among the countries of the Eurasian Economic Union (EEU) in the first quarter of 2024, the Eurasian Economic Commission (EEC) reported on Friday. Based on the International Labour Organization's methodology, the unemployment rate in the EAEU was 3.2% of the labor force, with Armenia's rate at 15.5%. In ...
07/12/2024Russian deputy prime minister says EEU and EU incompatible
The Eurasian Economic Union (EEU) and the European Union (EU) are incompatible, the arrival of extra-regional players in Armenia will have consequences, Russian Deputy Prime Minister Alexei Overchuk said, speaking at the Primakov Readings forum. YEREVAN, 25 June. /ARKA/. The ...
06/25/2024Armenian government approves ratification of free trade agreement between EAEU and Iran
The Armenian government at a session on Friday approved ratification of a free trade agreement between the member states of the Eurasian Economic Union (EAEU) and Iran, signed on 25 December 2023 in St. Petersburg. YEREVAN, 14 June. /ARKA/. The Armenian government at a session on Friday approved ratification of a free ...
06/14/2024Armenian Foreign Ministry summons Ambassador to Belarus for consultations
... supported Azerbaijan's preparations for a 44-day offensive on Nagorno-Karabakh in 2020, and wished victory for Azerbaijan. "Should I go and discuss CSTO activities with the president of Belarus after this? Although I will have to do it in the EEU format," Pashinyan said. He noted that Armenia's position on the CSTO will not change until Belarus withdraws from the CSTO or apologises in a way that is acceptable to the Armenian people. During his visit to Azerbaijan in May this year, Belarusian ...
06/13/2024Pashinyan: next logical step will be withdrawal from CSTO
... supported preparations for the 44-day war in Nagorno-Karabakh in 2020 and wished victory for Azerbaijan. "Should I, after that, go and discuss the CSTO activitioes with the president of Belarus? Although I will have to do it in the format of the EEU. I want to fix that I will never visit Belarus again as long as Alexander Lukashenko is its president. And no Armenian official will officially visit Belarus," Pashinyan said. He noted that Armenia’s position on the CSTO will not change until ...
06/13/2024Russian Deputy Prime Minister expects Iran-EEU FTA to become operational in 2025
...," Tass news agency quoted Overchuk as saying. Overchuk noted that Iran’s accession to the FTA will enlarge the EEU market by 80 million people to a total 400 million people. ‘This is already a very serious market," he explained. The EEU countries (Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia) signed a full-fledged free trade agreement with Iran on December 25, 2023. -0-
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