Armenia in the Eurasian Economic Union: Challenges for the EU
Armenia in the Eurasian Economic Union: Challenges for the EU

Author(s): Konrad Zasztowt
Subject(s): National Economy, Supranational / Global Economy, Economic policy, International relations/trade, Economic development
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: Armenia; Eurasian Economic Union; economic integration with EU; political pressure from Russia; abandoning the association agreement; EU institutional and legal standards;
Summary/Abstract: Accession to the Eurasian Economic Union (EEU) in January 2015 is disadvantageous for Armenia. Abandoning the association agreement with the EU, as a result of pressure from Russia, has ended chances for reform stimulated by the country’s deepening political and economic integration with the EU. The EU should try to bring Armenia back to the association agreement, taking into account the constraints arising from its membership in the EEU. Any new version of the document must oblige the government in Yerevan to continue reforms to approach EU institutional and legal standards.

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