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BAKU: Armenia Frightened By West-Russia Relations Escalation

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  • BAKU: Armenia Frightened By West-Russia Relations Escalation

    ARMENIA FRIGHTENED BY WEST-RUSSIA RELATIONS ESCALATION

    AzerNews, Azerbaijan
    Sept 11 2014

    11 September 2014, 11:00 (GMT+05:00)
    By Mushvig Mehdiyev

    Escalation of West-Russia relations poses a real threat to Armenia
    which depends on its giant northern neighbor politically and
    economically.

    West's sanctions against Russian would fire back. Russia changed its
    state of the market, attracting new investors. Tension is on therise
    and no one can predict the possible results.

    This has put the Caucasus country in a great panic. Armenia made
    its final decision to join the Eurasian Economic Union and quite
    obviously the economic difficulties facing Russia will affect the
    Armenian economy as well.

    MP from the Republican Party of Armenia, Co-Chairman of the Commission
    for Armenia-EU Cooperation, is sure that the growing tension in
    Russia-West relations is bad for Armenia.

    Samvel Farmanyan referred to the current political turbulences in the
    Middle East and Ukraine as sign of the new cold war. And Armenia will
    have to experience tough conditions due to its undecided position
    between Russia and Europe.

    Farmanyan added that Armenia has always suffered from the escalation
    of ties between Russia and the West, as each time, the small Caucasus
    state felt itself at the junction of conflicting interests of the
    world's superpowers.

    "In this context, I urge the political forces to stop dividing the
    Armenian society into pro-Russian and pro-Western groups," he stressed.

    The government's decision to join the Customs Union has divided the
    society into two groups, one supporting the prospective membership
    at the Russia-led alliance and the other one calling for proximity
    to Europe.

    Armenia pursues economic interests in the EEU and regards it as a way
    out of the its current crisis. This comes as analysts predict a high
    inflation rate following the membership at the union.

    Still there is no unanimous opinion in Armenia regarding the EEU
    membership. Some hail it as an advantageous step, while othersview
    it as a step backwards.




    From: A. Papazian
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