#EU
Papoyan: Armenia should receive compensation for economic consequences of its participation in EAEU
Armenia should receive compensation for the economic consequences of its participation in the EAEU, since the accession of a small country to a large economic union inevitably entails changes in the domestic market and a redistribution of economic resources.Pashinyan stated Armenia's disagreement with the findings of the report by four Eurasian Economic Union (EAEU) countries
Armenia disagrees with a significant portion of the findings of the report by four Eurasian Economic Union (EAEU) countries and will forward its objections to its partners in due course, Prime Minister Nikol Pashinyan stated.Papoyan commented on Russian restrictions, the threat of Armenia's withdrawal from EAEU, and forecasts for gas prices and GDP
Armenian Economy Minister Gevorg Papoyan called forecasts of a more than 15% decline in the country's GDP in the event of its withdrawal from the Eurasian Economic Union (EAEU) erroneous.Mirzoyan: Visa liberalization timeline with the EU largely depends on Armenia's implementation of necessary reforms
The completion timeline for visa liberalization between Armenia and the European Union largely depends on the pace of legislative changes and technical procedures implemented by the Armenian side.Armenia has not violated its obligations within Eurasian Economic Union (EAEU), there are no legal grounds for suspending its membership – Mirzoyan
Armenia has not violated its obligations within the Eurasian Economic Union (EAEU) and does not intend to violate them, RA Minister of Foreign Affairs and International Trade Ararat Mirzoyan stated at a press conference."No 'apocalypse' for Armenia's economy": Pashinyan on potential gas price hike
A potential increase in gas prices of approximately 70% as projected in a report by representatives from four EAEU member states will not lead to an "apocalypse" for Armenia's economy, according to Prime Minister Nikol Pashinyan.Armenia’s trade turnover with the EAEU could decline by 55.6% if the country were to suspend its participation in the Union
Armenia’s trade turnover with EAEU member states could fall by 55.6% a decrease of $4,439.7 million, from $7,990.6 million to $3,550.9 million should the country suspend its participation in the Union.Potential suspension of Armenia’s participation in EAEU could lead to a 15.6% drop in GDP and a 14.9 percentage point increase in inflation – report
A potential suspension of Armenia’s participation in the Eurasian Economic Union (EAEU) could result in a contraction of the country’s GDP by approximately 15.6% or $4.6 billion a 14.9 percentage point rise in inflation relative to the baseline, and a 14.6% decline in consumption within the Armenian economy.EAEU has assessed the consequences of a potential suspension of Armenia’s participation in the Union
Members of the Eurasian Intergovernmental Council from Russia, Belarus, Kazakhstan, and Kyrgyzstan have prepared a report on the potential consequences of suspending the Treaty on the Eurasian Economic Union (EAEU) with respect to Armenia.Armenia's accession to EU is currently unrealistic, while withdrawing from EAEU carries risks: former deputy prime minister
Armenia’s accession to the European Union is unrealistic in the foreseeable future, while a potential withdrawal from the Eurasian Economic Union (EAEU) could trigger political and economic pressure, including in the gas supply sector.Pashinyan: Armenia to continue EAEU cooperation while seeking to remove export barriers
Armenia has repeatedly reaffirmed its commitment to continuing mutually beneficial cooperation within the framework of the EAEU, stated Prime Minister of the Republic of Armenia Nikol Pashinyan.News 1 - 20 of 1614
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