Armenia’s Membership in the Eurasian Economic Union: An Economic Challenge and Possible Consequences for Regional Security
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The article reviews the background of Armenia’s decision to join the Eurasian Economic Union (EEU) instead of signing an Association Agreement with the European Union. The analysis of the controversies behind that decision and subsequent complications is followed by a review of the economic effects of Armenia’s EEU membership, including the influence of the Russian economic crisis on Armenia. Finally, the article examines the international context and the regional security risks in relation to the different aspects of Armenia’s growing dependence on Russia.
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