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Armenia's Membership In Eurasian Economic Union Without Special Cond

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  • Armenia's Membership In Eurasian Economic Union Without Special Cond

    ARMENIA'S MEMBERSHIP IN EURASIAN ECONOMIC UNION WITHOUT SPECIAL CONDITIONS ECONOMICALLY UNREASONABLE - EXPERT

    YEREVAN, July 11. /ARKA/. Economic reasonability of Armenia's
    membership in the Eurasian Economic Union without providing special
    conditions to it contradicts formal logic, Sergey Minasyan, chief
    of Caucasus Institute's political analysis division, said Friday in
    Novosti International Press Center during a Yerevan-Moscow televised
    bridge called Eurasian Choice - Armenia - 2014.

    On one hand, the process of accession to the Eurasian Economic Union
    is being dragged out, he said, but on the other hand, many economic,
    financial and customs problems are not solved and it is not clear
    whether they will be solved.

    "Otherwise, economic reasonability of Armenia's membership is called
    into question, since it will not necessarily have favorable impacts
    on economic and social things in the country, if Armenia joins the
    union on common conditions," the expert said.

    More than that, he said, Armenia may become an economic and financial
    burden on other member countries.

    "Armenia has neither geographical nor communicative borders with
    the Customs Union's core, and the link is Georgia, but Georgia has
    already joined the European economic zone," Minasyan said.

    On May 29, at a session of Eurasian Economic Council in Astana,
    Kazakhstan, the Armenian president expressed Yerevan's intention to
    join the Eurasian Economic Union agreement until June 15. However,
    appropriate papers have not been signed so far.

    On July 1, Russian President Vladimir Putin, speaking at a meeting
    of Russian diplomats, said Armenian will become a full member of the
    union very soon.

    In resent days, media outlets quoted Kazakh Foreign Minister Yerlan
    Idrisov as saying that the agreement between Armenia and Eurasian
    Economic Union is likely to be signed in October 2014 at a regular
    meeting of Eurasian Economic Union countries' presidents in Minsk.

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    - See more at:
    http://arka.am/en/news/economy/armenia_s_membership_in_eurasian_economic_union_wi thout_special_conditions_economically_unreasonable/#sthash.ZSzX4oLH.dpuf

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