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Armenia mulls joining Russia-led trading bloc

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  • Armenia mulls joining Russia-led trading bloc

    Al-Jazeera, Qatar
    Aug 16 2014

    Armenia mulls joining Russia-led trading bloc


    Many Armenians worry membership of the Eurasian Economic Custom Union
    would lead to higher prices for European imports.

    The government of Armenia is considering joining the Russia-backed
    trading bloc, the Eurasian Economic Custom Union, leaving many
    Armenians worried over possible price rices.

    If it does join the bloc - which currently includes Russia,
    Kazakhstan, and Belarus - Armenia said it would continue to allow
    imports from the US and the EU.

    The country's largest trading partner is the EU, but Armenia backed
    out of talks to join the union last year.


    Al Jazeera's Robin Forestier-Walker reports from Yerevan.

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