Russia urges Armenia to clarify stance between EU and EAEU

It would be better for Armenia to make a quick decision regarding its choice between the European Union and the Eurasian Economic Union, Russian Deputy PM Alexey Overchuk said in an interview with TASS.

“We hear from the Armenian side that they are seeking to join the EU and adopt its standards, but at the same time they want to remain in the EAEU and enjoy all the economic benefits of membership. It would be better for Armenia to make a quick decision; it would be fairer both for Armenia’s EAEU allies and for Armenia itself,” Overchuk said.

According to him, this uncertainty leads businesses to adopt a wait-and-see approach and hinders the development of long-term economic relations.

“But I state that we want Armenia to remain in the EAEU, and the choice rests with the Armenian people,” Russia’s deputy PM said.