Armenia Thriving in Economic Cooperation with EAEU, Says Russian Deputy Prime Minister
Armenia is reaping the benefits of its membership in the Eurasian Economic Union (EAEU), as reported by the Interfax news agency. Russian Deputy Prime Minister Aleksey Overchuk made this announcement, citing his own firsthand experience of witnessing the advantages of cooperation during a visit to the EAEU region with Armenian Prime Minister Nikol Pashinyan. Overchuk highlighted the significant increase in trade between Armenia and a particular EAEU member country over the past two years, mentioning that the accelerated terms were a contributing factor. He also emphasized the various advantages that Armenia enjoys through its cooperation with other countries in the Eurasian Union and Europe, specifically in the areas of energy and grocery purchases. Additionally, Overchuk revealed that trade turnover is consistently growing at a substantial rate, affirming the positive state of economic cooperation with Armenia. In conclusion, he stated that all aspects of Armenia’s economic collaboration are functioning effectively.