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Eurasian Economic Union

Armenia’s membership in EEU will pose no threat to its political independence

Armenian President Serzh Sargsyan said on Sunday at an official reception on the occasion of Armenia’s national holiday - the Independence Day

© ITAR-TASS/Michail Metzel

YEREVAN, September 21. /ITAR-TASS/. Armenia’s forthcoming membership in the Eurasian Economic Union (EEU) poses no threat to its political independence, Armenian President Serzh Sargsyan said on Sunday at an official reception on the occasion of Armenia’s national holiday - the Independence Day.

“Today, on the Day of Armenia’s Independence, I say it with full responsibility that our membership in the Eurasian Economic Union in no way threatens political independence. Such allegations are absolutely groundless,” he stressed.

“In the foreseeable future, we are getting prepared to become a member of the Eurasian Economic Union,” he said. “This decision stems from new perspectives of economic development that are opening for Armenia. It is also linked with the system of security in the region.”

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“No one of us is a foreteller, and we do not know which results we will have in ten or 20 years, but one thing is absolutely clear: we can count for serious economic gains if we work hard,” the Armenian leader said. “An enormous market will open for our goods and it will depend on our ability to work how soon they will win a stronghold on that market.”

A document on Armenia’s accession to the Treaty on the Eurasian Economic Union is expected to be signed on October 10 in Minsk, where the Supreme Eurasian Economic Council will meet.

“We will continue open and committed cooperation with all our partners: with the Eurasian Economic Union and its member countries, with the European Union and its member countries, with the United States, China, neighbouring Georgia and Iran, with other friendly countries,” Sargsyan vowed.

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Armenia Customs Union Eurasian Economic Union

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