Armenia has finalized its accession to the Russia-led Eurasian Economic Union, an intended regional counterweight to the European Union. But while Armenian and Russian officials focus on future prosperity, some Armenian observers believe membership in the bloc could exacerbate Armenia’s security challenges.
During an October 10 meeting of the Supreme Eurasian Economic Council, held in Minsk, Belarus, Armenian President Serzh Sargsyan confirmed that Armenia would be formally admitted to the Eurasian Economic Union (EEU) when it launches on January 1, 2015. The Armenian government approved the draft text of the accession agreement in early October, Armenian media reported. The EEU will be an outgrowth of the existing customs union among Russia, Belarus and Kazakhstan.
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Marianna Grigoryan is a freelance reporter based in Yerevan and editor of MediaLab.am.