Economy

Armenia doesn’t consider replacing Eurasian Economic Union with anything else but will keep diversifying partners – minister

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Armenia doesn’t consider replacing Eurasian Economic Union with anything else but will keep diversifying partners – minister

YEREVAN, JANUARY 13, ARMENPRESS. Armenia doesn’t consider replacing the Eurasian Economic Union with anything else but is diversifying its trade partners, Minister of Economy Gevorg Papoyan has said.

“We aren’t at all thinking about replacing the EEU with anything else,” he said at a press conference when asked about the developments around the possible EU integration process. “We want to be independent, and independence is when you are dependent on everyone and not just one, and everyone is to some extent dependent on you.”

Minister Papoyan attached importance to Armenia’s ability to produce and export competitive goods to various markets.

“It shouldn’t be replaced. Those volumes must be preserved, increased and expanded within the EEU,” he said.

At this moment Armenia’s top trade partner is the UAE. Other major trade partners alongside Russia are China and the EU, he added.

 

AREMNPRESS

Armenia, Yerevan, 0002, Martiros Saryan 22

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