No visible benefit from Armenia’s membership in Eurasian Economic Union - MP
YEREVAN, September 4. /ARKA/. Armenia’s accession to the Eurasian Economic Union provides little benefit to the country, Tevan Poghosyan, an MP from Heritage party, said on Thursday.
«The accession came exactly in a period of time when relations between Russia and the West became tense and the global economy showed recession symptoms,» he said. «Western sanctions against Russia prompted by Ukrainian crisis and the falling oil prices have stricken hard at the country's economy, the ruble has devaluated a great deal directly impacting Armenia.»
Armenia's accession to the Eurasian Economic Union was a political decision.
«When we joined this market, Russian and Kazakh economies fully depended on oil prices, and Belarusian economy was completely run by the government,» Poghosyan said. «Armenia was the only country in this row where free market relations were developing despite certain faults.»
Poghosyan is convinced that even if Armenia achieves some success in the future, it will be heavily dependent on these countries' economic things.
Stepan Grigoryan, a political analyst, sharing his opinion, said that the European Union can give more benefits to small countries' economies.
As an example, he pointed out Poland, to which the European Union had helped in developing its agriculture. There is no similar system in the Eurasian Economic Union.
«The question is what was the reason of creation of the Eurasian Economic Union,» Grigoryan said. «I think Russia, establishing the union, had not been motivated by an ambition to develop economy or shape a free trade zone. The union has been established to keep us close at hand and deter us from moving away. That is why we fоund ourselves in such a situation.» --0----
«The accession came exactly in a period of time when relations between Russia and the West became tense and the global economy showed recession symptoms,» he said. «Western sanctions against Russia prompted by Ukrainian crisis and the falling oil prices have stricken hard at the country's economy, the ruble has devaluated a great deal directly impacting Armenia.»
Armenia's accession to the Eurasian Economic Union was a political decision.
«When we joined this market, Russian and Kazakh economies fully depended on oil prices, and Belarusian economy was completely run by the government,» Poghosyan said. «Armenia was the only country in this row where free market relations were developing despite certain faults.»
Poghosyan is convinced that even if Armenia achieves some success in the future, it will be heavily dependent on these countries' economic things.
Stepan Grigoryan, a political analyst, sharing his opinion, said that the European Union can give more benefits to small countries' economies.
As an example, he pointed out Poland, to which the European Union had helped in developing its agriculture. There is no similar system in the Eurasian Economic Union.
«The question is what was the reason of creation of the Eurasian Economic Union,» Grigoryan said. «I think Russia, establishing the union, had not been motivated by an ambition to develop economy or shape a free trade zone. The union has been established to keep us close at hand and deter us from moving away. That is why we fоund ourselves in such a situation.» --0----