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Withdrawal from the EEU can threaten Armenia's existence (video)


In the first reading, the National Assembly adopted the project on the launch of Armenia's membership process. 63 deputies voted for the project, 7 deputies against the project. After the adoption of the project, the reaction of the Russian side was not to make Russia's Deputy Prime Minister Alexei Overchuk that Armenia should make a choice between the Eurasian Economic Union and the European Union, that these two organizations are incompatible.

"Both unions include the absence of customs borders, and free movement of goods, services, capital and labor. It is impossible to imagine that they will be united at some point, "he said.

Overchuk noted that Russia considers the discussion of the EU's accession to the European Union as the beginning of the Eurasian Economic Union, and the Russian side will build its economic policy with Armenia taking this circumstance. At the same time, he stressed that it is the sovereign decision of Armenia. Overchuk added that if Armenia limits relations with the EAEA, the energy and food products will increase by the one hand, and on the other hand the export of Armenian goods will decrease by 70 to 80%.

"Euromedyadia 24" talked to Economist Atom Margaryan on the topic, asking the impacts of Armenia if the EAEA leaves. According to Margaryan, it can simply threaten the existence of the state.

Overchuk added that if Armenia limits relations with the EAEA, the energy and food products will increase by the one hand, and on the other hand the export of Armenian goods will decrease by 70 to 80%.

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