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Armenia in the Eurasian Economic Union: reasons for joining and its consequences.

Authors :
Ter-Matevosyan, Vahram
Drnoian, Anna
Mkrtchyan, Narek
Yepremyan, Tigran
Source :
Eurasian Geography & Economics; Jun2017, Vol. 58 Issue 3, p340-360, 21p
Publication Year :
2017

Abstract

On 3 September 2013, the president of Armenia shifted the long-praised process of initialing political association and economic integration with the European Union and announced Armenia’s decision to join the Russia-led Customs Union and participate in the processes of formation of the Eurasian Economic Union (EAEU). Practitioners and observers interpreted it either as a U-turn or as a surprise move mainly assuming that what happened was the result of Russian pressure on Armenia. However, when tensions and uncertainty eased, it became obvious that what happened was a result of complex reasons. Geopolitical constraints and socio-political problems that had accumulated in Armenia during recent years coincided with an assertive expansion of Russia’s foreign policy. This research provides a number of explanations for that political decision to understand the primary determinants of that move. It also examines the political and economic implications of Armenia’s membership of the EAEU. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
15387216
Volume :
58
Issue :
3
Database :
Complementary Index
Journal :
Eurasian Geography & Economics
Publication Type :
Academic Journal
Accession number :
124584924
Full Text :
https://doi.org/10.1080/15387216.2017.1360193