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Eurasian Customs Union

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  • Re: Eurasian Customs Union

    Positive, Negative Influences Of EEU Membership On Armenia ‘Relative’


    Hovannes Shoghikian

    Հրապարակված է՝ 31.10.2014

    The International Monetary Fund (IMF) estimates positive and negative influences of membership in the Eurasian Economic Union (EEU) on the Armenian economy as relative, the organization’s resident representative in Armenia said on Friday.

    Against the backdrop of some expert opinions suggesting that Armenia’s entry into the Russian-led trade bloc will only bring losses for the country’s economy, considering the high customs duties applied by the member states, Teresa Daban Sanchez spoke about some positive factors of EEU membership. She, in particular, pointed out that Armenia is entitled to exemptions on 750 names of products. Another major factor, according to the IMF official, is that customs houses between the members of the trade bloc will be removed.

    “It will facilitate trade with Russia and will offer Armenia greater opportunities of extending to the Russian market,” she said, adding that Armenia will also get a share of the overall annual customs revenues of the EEU estimated by some media at around $200 million.

    According to Sanchez, there are other important aspects that may not be found anywhere in the document, but have been part of the negotiations. “For example, the gas agreement reached for five years which provides some stability for the future of energy prices and enables Armenia to think about strategy for the future,” said the IMF representative.

    Asked by RFE/RL’s Armenian Service to point out the negative aspects of Armenia’s membership in the EEU, Sanchez said that “everything is relative”.

    Among the risks she mentioned the circumstance that the Armenian economy appears to be growing more sensitive to what is happening in the Russian economy. “On the one hand, we will see a positive effect, on the other hand, there will be greater dependence on the Russian economy. And given geopolitical tensions as well as structural problems of the Russian economy, according to our forecasts, the Russian economy will register zero growth. Therefore, Armenia will find itself in a situation where its main trading partners do not provide rapid growth,” Sanchez emphasized, describing it as a challenge for Armenia to pay heed to.

    The IMF has not changed its forecast regarding Armenia’s economic growth. Still a month ago it predicted that the Armenian economy will expand by 2.6 percent in 2014. The Armenian government is looking for a 4-percent economic growth at the end of the year.

    The International Monetary Fund (IMF) estimates positive and negative influences of membership in the Eurasian Economic Union (EEU) on the Armenian economy as relative, the organization’s resident representative in Armenia said on Friday.

    Comment


    • Re: Eurasian Customs Union

      Union of Russian Armenians to discuss enhancement of effectiveness of Armenia’s accession to Eurasian Economic Union

      YEREVAN, October 13. /ARKA/. Ara Abrahamyan, chairman of the Union of Russian Armenians and president of the World Armenian Congress, speaking Monday at a news conference, said that the two organizations will hold a session on October 16 to consider enhancement of effectiveness of Armenia’s accession to the Eurasian Economic Union.

      On October 10, the Supreme Eurasian Economic Council gave its approval to Armenia’s accession to the Eurasian Economic Union as the union member countries’ leaders gathered in Minsk. As a result, the accession agreement was signed. It means Armenia, along with Russia, Belarus and Kazakhstan, will become a full member of the union that will start functioning on January 10, 2015.

      Abrahamyan said that the steps to be taken to ensure a smooth accession of Armenia to the Eurasian Economic Union would be discussed in Armenia as part of the Days of the Union of Russian Armenians and president of the World Armenian Congress.

      “Armenia’s accession to the Eurasian Economic Union is a very important event,” he said. “Now the country’s government should develop measures for building up exports to the Eurasian Economic Union countries, since Armenian products are demanded there.”

      In his opinion, Armenia’s membership in the union will also ensure a free movement to capital.

      Abrahamyan stressed that Armenia should pursue a flexible policy and cooperate with all the players of the global policy.


      Comment


      • Re: Eurasian Customs Union

        Mher, do you know what kind of stance the EEU will take on emigration and immigration within member states?

        Also, after seeing countries in the EU for so long, and the thirst for their original identities rather than one European one, what kind of effect do you think EEU membership will have on the domestic politics within Armenia, and Armenian identity within the country? Something similar to the EU and the Euro?

        What kind of effects will a common currency between member states have? Negative, positive, or relatively balanced? Could Armenia take a stance similar to the UK, where EU common currency is not accepted? We know a common currency is in the union's future, but the last thing I want to see is Armenia joining the future EU.
        Last edited by Chubs; 11-03-2014, 10:13 PM.
        Armenian colony of Glendale will conquer all of California!

        Comment


        • Re: Eurasian Customs Union

          Originally posted by Chubs View Post
          Mher, do you know what kind of stance the EEU will take on emigration and immigration within member states?

          Also, after seeing countries in the EU for so long, and the thirst for their original identities rather than one European one, what kind of effect do you think EEU membership will have on the domestic politics within Armenia, and Armenian identity within the country? Something similar to the EU and the Euro?

          What kind of effects will a common currency between member states have? Negative, positive, or relatively balanced? Could Armenia take a stance similar to the UK, where EU common currency is not accepted? We know a common currency is in the union's future, but the last thing I want to see is Armenia joining the future EU.
          As far as member states living in other states, the union will allow citizen of any member country to work in another country without a visa. I think this can be a big help for the many Armenians in Russia who don't have legal status in the country. I don't know if it's going to increase the rate at which people leave for Russia. At any rate, I think it's better than people living for the EU if Armenia signed the AA. At least leaving for Russia, you go to a major Armenian Diaspora and coming back is rather easy. Not quite the same as leaving for Germany or England where you're gone for good.

          As far as its effect on Armenian politics: I think it's effects are minimal. Belarus and Kazakhstan have dictatorial presidents. (Russia is similar though Putin is genuinely supported by the people). So they're not gonna demand too much of Armenia in the way of democracy. This is something the AA would have been a positive in, as it would have increased the democratic process in Armenia and created more just and impartial courts. However, I don't think there should be anything stopping Armenians from seeking those things internally.

          I don't think its going to change the Armenian identity too much. Armenia is so historically old and deeply rooted, if the Soviets and Turks couldn't do it, nobody will. Armenia has much less in common with Belarus,Kazakhestan and Kyrgystan than France and Germany and Belgium do. Russian language/culture might gain a little bit back to what it's lost to English/European culture in the past 25 years, but not too much. The younger generation is much more interested in English and Europe than Russian/Russia. All signs and store names/etc in Yerevan are in English and Armenian, and I don't think Russian in coming back.

          Also you gotta realize nobody is gonna leave their life in Russia and move to Armenia for work lol. So it's a little different than Western Europe and I don't think there's gonna be any cultural/societal change whatsoever. The EU would probably have done more in terms of womens/gay rights, but it's not like Russia is ahead of Armenia in these things, so it's gonna stay the same in that aspect.

          There isn't going to be a common currency. Kazakhstan rejected it before, and specially now with the Ruble, I don't think any of is gonna wanna touch that issue. Though having a common currency would be nice in terms of the remittance send from Russia wouldn't fluctuate in value. But i rather not have that if it means that much Russian control. I rather keep my dram with Saryan, Tumanyan, Isahakyan and Charents on it than the faces of some Slavic overlord.


          I think the biggest advantages right now of this "economic" union is not really economics: It's relatively cheaper gas, defense security, and legal status for Armenians in Russia. The one economic positive is some $200,000,000+ in annual tariffs sent to Armenia which will be pretty nice considering it's a 1/10th of the Armenian budget.

          I think it can become something completely different and an economic power if Iran was able to join it. If a country with 3X Ukraines GDP and infinite potential like Iran, a historic ally and neighbor Armenia, were to join it, it would be a total game changer. Though I don't think the west will allow that to happen considering how strong the EEU would become. Same could be said (for Armenia) if Georiga could be convinced. To a lesser extend Ukraine as far as Armenia is considered. But until that point, I think the biggest benefits are not necessarily economic.

          Comment


          • Re: Eurasian Customs Union

            There are plenty of economic benefits along with other kinds of benefits. While i was in Armenia this summer i saw many Russians who live and work in Armenia as well as visitors who were from everywhere..Armenia has done amazingly well considering what she has been through and so long as there is no new war she will have a bright future.
            Hayastan or Bust.

            Comment


            • Re: Eurasian Customs Union

              Good article, very realistic.

              Armenia's Eurasian Accession; Security Guarantee the Game Changer

              14:58, October 14, 2014
              By Pietro A. Shakarian

              On Friday, 10 October, Armenia officially joined the Eurasian Customs Union. It was more than a year ago since the Caucasus country made its fateful decision to join the Moscow-backed union and to turn down a potential Association Agreement with the EU.

              The decision by the Armenian government has sparked debate in Armenian society about the respective benefits of the two rival blocs. It is true that Armenians have long sought to integrate their country with Europe and, like their northern neighbors the Georgians, they point to long historical associations with Europe. These include their shared Christian roots, the left-to-right directionality of the Armenian alphabet, the mutual contact between the old Armenian kingdoms and the West, and even the very personality of Charles Aznavour. In fact, to an Armenian or Georgian, the idea of possibly joining the EU represents the culmination of a centuries-long quest for Europe.

              However, even though an Armenian or Georgian nationalist would never admit this, it was the Russian Empire in the 19th century that effectively reconnected both Georgia and, at least, eastern Armenia with Europe directly for the first time since the Middle Ages. It was also the Soviet era that helped develop the infrastructure and national culture of both countries. In Armenia, this included, among other things, the development of the Armenian capital Yerevan from a dusty backwater into a modern, European-style metropolis, under the guidance of Aleksandr Tamanyan.

              Today, Russia continues to play a major role in Armenia's economic and energy sectors. However, the most significant factor in the Russo-Armenian relationship is security. Russia maintains a military base in Gyumri and it guards the country's borders with Iran and Turkey. It was Russia that served as a deterrent against a possible Turkish incursion against Armenia during the war over Nagorny Karabakh in the 1990s.

              Today, Russia's position as Armenia's security guarantor remains. It continues to act as a deterrent to Turkey, but perhaps even more significantly, to neighboring Azerbaijan as well. Baku, and its authoritarian leader Ilham Aliyev, continue to threaten Armenia's national existence on a daily basis. In this context, Russia's security partnership and friendship with Armenia is a major vector of Yerevan's foreign policy.

              In fact, the arrangement is beneficial not only for Armenia, but for Russia as well. Moscow needs Armenia as part of its security structure and views both Armenia and Georgia as its traditional pillars in the Caucasus as fellow Christian countries. With the recent turn of Georgia toward Western structures, the significance of Armenia in the region has only increased, though Moscow hopes to also lure back Tbilisi too. Ongoing concerns regarding Islamic rebels in the North Caucasus and ISIS in Iraq and Syria, combined with Western efforts to expand NATO, have only increased Moscow's need for a regional security strategy. Armenia plays a key role in this.

              By contrast, even though the EU offers Armenia infrastructural improvements and institutional reforms, it is not a "magic bullet" or a "cure-all" remedy for Yerevan. In fact, the EU is still struggling in its recovery from the Eurozone crisis and cannot afford to over-expand itself without threatening the very viability of the European project.

              The economies of its newest East European member states – Bulgaria, Romania, and Croatia – have performed horribly since the financial crisis began and have stopped converging with their Western counterparts. These three have likewise remained thoroughly corrupt and another, Hungary, has moved backwards toward illiberalism under Viktor Orbán.

              All of this indicates that the EU is no guarantee for the automatic improvement of Armenia's state institutions. Simply joining the EU does not make a society "democratic." It must ultimately go through this process on its own. Consequently, democratization does not depend solely on outside forces like Brussels as much as it ultimately does with the people of Armenia.

              There are demographic concerns with the EU too. Since joining, many of the new Eastern European member states have experienced massive emigrations to the more developed Western countries. Proponents of the EU point to earlier examples, such as Ireland, and argue that such a phenomenon is merely temporary.

              However, since the Eurozone crisis, there are indications that these emigrants are not returning, especially because there are so few employment opportunities in their native countries. The emigration rate has been particularly high in the Baltic states, especially Latvia, which is facing a demographic crisis. A common joke among Latvians is that when "the last Latvian leaves Riga International Airport, he or she should not forget to turn off the light." Birthrates are also low in much of Eastern Europe, while in Russia they are actually on the rise.

              Even more alarming, the Eurozone crisis and the major rise of unemployment have triggered a mass emigration of southern Europeans from Greece, Portugal, Spain, and Italy to the more prosperous West and North, again, without any immediate signs of return. For Armenia, a country already experiencing a problem with emigration, it is difficult to imagine how opening the door to Western Europe will help the country. Large numbers of Armenians would pack their bags and leave for the West, many never to return to their homeland.

              Most significantly, the EU lacks security mechanisms to help Armenia in the case of an attack by its neighbors. Even if it did, Brussels is too far away, whereas Russia is not only ready and willing to protect Armenia's security, but is also in a geographic position to do so. In the end, while faraway Western Europe may have a marginal interest in Armenia, Russia and its President Vladimir Putin would be willing to pay any price to keep Armenia in its security structure.

              Therefore, it is increasingly clear that given Yerevan's geopolitical position, its simultaneous pursuit of both the EU Association Agreement and the Moscow-backed Eurasian Union was likely a gambit by President Serj Sargsyan in order to secure the best possible terms for Armenia.

              Judging by the body language at Sargsyan's Moscow meeting with Putin, at which his decision to join the Eurasian Union was initially announced, this seems to be the case. Indeed, it is far more likely than the standard narrative by the Western media and pro-Western Armenian oppositionists who claim that Putin simply "pressured" Armenia to join its Eurasian project.

              Instead, it is more probable that Moscow put forward a deal of enhanced security guarantees for Nagorny Karabakh, which along with Armenia itself is constantly being threatened by Azerbaijan. This would explain why Sargsyan, himself a Karabakh native, was grinning at the Moscow meeting, as if he had won concessions from Moscow. He did not appear to be a man under pressure and, in fact, seemed quite pleased.


              After Yerevan made its initial announcement in September regarding its decision to pursue the Eurasian Union, six days later, Georgia's Bidzina Ivanishvili announced too that Tbilisi may consider joining the Eurasian Union, provided that it be "advantageous for our country." His statement was followed by a promising thaw in Russo-Georgian relations, culminating in Putin's invitation to newly-elected Georgian President Margvelashvili for a future meeting, announced at the Sochi Winter Olympics.

              However, interrupted by the crisis in Ukraine, that summit was postponed indefinitely. Neither Moscow (which hopes to secure its regional standing) nor Tbilisi (which hopes for a peace deal on its breakaway regions of Abkhazia and South Ossetia) have completely given up on a future rapprochement.

              Meanwhile, officials in Yerevan moved quickly to ensure rapid accession of Armenia into the Eurasian Union. However, the process was slowed by the fact that Armenia does not share a common border with the Customs Union and thus had to seek special economic concessions from Moscow. Additional complications arose when Kazakh President Nursultan Nazarbayev raised concerns about the lack of a clear boundary between Armenia and Karabakh, insisting that a customs post had to be erected. Primarily concerned with maintaining and securing its position in the Caucasus, Moscow acted as the chief advocate for Armenia in its Eurasian accession process, compromising with Astana and ensuring that Yerevan would ultimately enter the union.

              Yet, this saga is not over. If the Caucasus is to find peace and stability, then Russia and Georgia need to come to the table and begin talks. Only after Tbilisi and Moscow are reconciled can there be real security and stability in the region, not just for Moscow, Yerevan, and Tbilisi, but for the international community as well.

              Pietro A. Shakarian is an MA graduate student at the Center for Russian, East European, and Eurasian Studies (CREES) at the University of Michigan in Ann Arbor. He earned his BA in History from John Carroll University in 2012 and his MLIS from Kent State University in 2013. He also serves as a member of the editorial board for the Gomidas Institute in London and has written analyses on Russia and the former USSR for The Nation and Russia Direct.

              On Friday, 10 October, Armenia officially joined the Eurasian Customs Union. It was more than a year ago since the Caucasus country made its fateful decision to join the Moscow-backed union and to turn down a potential Association Agreement with...
              Azerbaboon: 9.000 Google hits and counting!

              Comment


              • Re: Eurasian Customs Union

                Originally posted by Federate View Post
                Good article, very realistic.

                Armenia's Eurasian Accession; Security Guarantee the Game Changer

                14:58, October 14, 2014
                By Pietro A. Shakarian

                On Friday, 10 October, Armenia officially joined the Eurasian Customs Union. It was more than a year ago since the Caucasus country made its fateful decision to join the Moscow-backed union and to turn down a potential Association Agreement with the EU.

                The decision by the Armenian government has sparked debate in Armenian society about the respective benefits of the two rival blocs. It is true that Armenians have long sought to integrate their country with Europe and, like their northern neighbors the Georgians, they point to long historical associations with Europe. These include their shared Christian roots, the left-to-right directionality of the Armenian alphabet, the mutual contact between the old Armenian kingdoms and the West, and even the very personality of Charles Aznavour. In fact, to an Armenian or Georgian, the idea of possibly joining the EU represents the culmination of a centuries-long quest for Europe.

                However, even though an Armenian or Georgian nationalist would never admit this, it was the Russian Empire in the 19th century that effectively reconnected both Georgia and, at least, eastern Armenia with Europe directly for the first time since the Middle Ages. It was also the Soviet era that helped develop the infrastructure and national culture of both countries. In Armenia, this included, among other things, the development of the Armenian capital Yerevan from a dusty backwater into a modern, European-style metropolis, under the guidance of Aleksandr Tamanyan.

                Today, Russia continues to play a major role in Armenia's economic and energy sectors. However, the most significant factor in the Russo-Armenian relationship is security. Russia maintains a military base in Gyumri and it guards the country's borders with Iran and Turkey. It was Russia that served as a deterrent against a possible Turkish incursion against Armenia during the war over Nagorny Karabakh in the 1990s.

                Today, Russia's position as Armenia's security guarantor remains. It continues to act as a deterrent to Turkey, but perhaps even more significantly, to neighboring Azerbaijan as well. Baku, and its authoritarian leader Ilham Aliyev, continue to threaten Armenia's national existence on a daily basis. In this context, Russia's security partnership and friendship with Armenia is a major vector of Yerevan's foreign policy.

                In fact, the arrangement is beneficial not only for Armenia, but for Russia as well. Moscow needs Armenia as part of its security structure and views both Armenia and Georgia as its traditional pillars in the Caucasus as fellow Christian countries. With the recent turn of Georgia toward Western structures, the significance of Armenia in the region has only increased, though Moscow hopes to also lure back Tbilisi too. Ongoing concerns regarding Islamic rebels in the North Caucasus and ISIS in Iraq and Syria, combined with Western efforts to expand NATO, have only increased Moscow's need for a regional security strategy. Armenia plays a key role in this.

                By contrast, even though the EU offers Armenia infrastructural improvements and institutional reforms, it is not a "magic bullet" or a "cure-all" remedy for Yerevan. In fact, the EU is still struggling in its recovery from the Eurozone crisis and cannot afford to over-expand itself without threatening the very viability of the European project.

                The economies of its newest East European member states � Bulgaria, Romania, and Croatia � have performed horribly since the financial crisis began and have stopped converging with their Western counterparts. These three have likewise remained thoroughly corrupt and another, Hungary, has moved backwards toward illiberalism under Viktor Orb�n.

                All of this indicates that the EU is no guarantee for the automatic improvement of Armenia's state institutions. Simply joining the EU does not make a society "democratic." It must ultimately go through this process on its own. Consequently, democratization does not depend solely on outside forces like Brussels as much as it ultimately does with the people of Armenia.

                There are demographic concerns with the EU too. Since joining, many of the new Eastern European member states have experienced massive emigrations to the more developed Western countries. Proponents of the EU point to earlier examples, such as Ireland, and argue that such a phenomenon is merely temporary.

                However, since the Eurozone crisis, there are indications that these emigrants are not returning, especially because there are so few employment opportunities in their native countries. The emigration rate has been particularly high in the Baltic states, especially Latvia, which is facing a demographic crisis. A common joke among Latvians is that when "the last Latvian leaves Riga International Airport, he or she should not forget to turn off the light." Birthrates are also low in much of Eastern Europe, while in Russia they are actually on the rise.

                Even more alarming, the Eurozone crisis and the major rise of unemployment have triggered a mass emigration of southern Europeans from Greece, Portugal, Spain, and Italy to the more prosperous West and North, again, without any immediate signs of return. For Armenia, a country already experiencing a problem with emigration, it is difficult to imagine how opening the door to Western Europe will help the country. Large numbers of Armenians would pack their bags and leave for the West, many never to return to their homeland.

                Most significantly, the EU lacks security mechanisms to help Armenia in the case of an attack by its neighbors. Even if it did, Brussels is too far away, whereas Russia is not only ready and willing to protect Armenia's security, but is also in a geographic position to do so. In the end, while faraway Western Europe may have a marginal interest in Armenia, Russia and its President Vladimir Putin would be willing to pay any price to keep Armenia in its security structure.

                Therefore, it is increasingly clear that given Yerevan's geopolitical position, its simultaneous pursuit of both the EU Association Agreement and the Moscow-backed Eurasian Union was likely a gambit by President Serj Sargsyan in order to secure the best possible terms for Armenia.

                Judging by the body language at Sargsyan's Moscow meeting with Putin, at which his decision to join the Eurasian Union was initially announced, this seems to be the case. Indeed, it is far more likely than the standard narrative by the Western media and pro-Western Armenian oppositionists who claim that Putin simply "pressured" Armenia to join its Eurasian project.

                Instead, it is more probable that Moscow put forward a deal of enhanced security guarantees for Nagorny Karabakh, which along with Armenia itself is constantly being threatened by Azerbaijan. This would explain why Sargsyan, himself a Karabakh native, was grinning at the Moscow meeting, as if he had won concessions from Moscow. He did not appear to be a man under pressure and, in fact, seemed quite pleased.


                After Yerevan made its initial announcement in September regarding its decision to pursue the Eurasian Union, six days later, Georgia's Bidzina Ivanishvili announced too that Tbilisi may consider joining the Eurasian Union, provided that it be "advantageous for our country." His statement was followed by a promising thaw in Russo-Georgian relations, culminating in Putin's invitation to newly-elected Georgian President Margvelashvili for a future meeting, announced at the Sochi Winter Olympics.

                However, interrupted by the crisis in Ukraine, that summit was postponed indefinitely. Neither Moscow (which hopes to secure its regional standing) nor Tbilisi (which hopes for a peace deal on its breakaway regions of Abkhazia and South Ossetia) have completely given up on a future rapprochement.

                Meanwhile, officials in Yerevan moved quickly to ensure rapid accession of Armenia into the Eurasian Union. However, the process was slowed by the fact that Armenia does not share a common border with the Customs Union and thus had to seek special economic concessions from Moscow. Additional complications arose when Kazakh President Nursultan Nazarbayev raised concerns about the lack of a clear boundary between Armenia and Karabakh, insisting that a customs post had to be erected. Primarily concerned with maintaining and securing its position in the Caucasus, Moscow acted as the chief advocate for Armenia in its Eurasian accession process, compromising with Astana and ensuring that Yerevan would ultimately enter the union.

                Yet, this saga is not over. If the Caucasus is to find peace and stability, then Russia and Georgia need to come to the table and begin talks. Only after Tbilisi and Moscow are reconciled can there be real security and stability in the region, not just for Moscow, Yerevan, and Tbilisi, but for the international community as well.

                Pietro A. Shakarian is an MA graduate student at the Center for Russian, East European, and Eurasian Studies (CREES) at the University of Michigan in Ann Arbor. He earned his BA in History from John Carroll University in 2012 and his MLIS from Kent State University in 2013. He also serves as a member of the editorial board for the Gomidas Institute in London and has written analyses on Russia and the former USSR for The Nation and Russia Direct.

                http://hetq.am/eng/news/56844/armeni...pqbZRI.twitter
                Yes, good article.
                It is sensible for nations to come together in an economic union. The benefits of cooperation as opposed to non cooperation are obvious.
                The rivalry between the various economic unions, is counter to the purpose of economic unions.
                The European economic union is fraudulent. It was meant to benefit the "elite", and manipulate the others to their detriment and the "elites" benifit.
                USA has 17 --- trillion --- in debt. *** FRAUD ***.
                That's actually not even possible!!!
                Nothing in the USA that is sold, has a price that reflects reality!!!
                EU & USA are actually dealing fraudulently with the world.
                The Russian led Eurasian economic union is because Russia would not and will not allow the west to rape it.
                The USA CANNOT sustain that debt (fraud).
                The EU has only so many countries it can emasculate.
                The collapse of this western house of cards, is going to financially shake the world.
                The Eurasian union is actually more stable and reflects transactional reality better the the conniving western conduct. Look at the prices in Russia, Armenia, china, etc and you will see prices based closer to reality than the "inflation scam" the ever so special (sophisticated)lol have contrived.
                As I have continually pointed out --� if one doesn't include the fraud in the equation, one will -- NOT -- get a true or accurate depiction of what is --- really --� taking place.

                Comment


                • Re: Eurasian Customs Union

                  Originally posted by Haykakan View Post
                  and so long as there is no new war she will have a bright future.
                  I don't think people appreciate how important that is. Some people treat security like its one of many categories. Maybe if you're Ukraine and you have land that you know what to do with it is. But for Armenia, the fact that we have avoided war, and will continue to do so is everything. I can't imagine what another war would do in terms of destroying the hundreds of millions that have been poured into Artsakh, and hundreds of thousands that will leave. Hopefully we don't see the day in the near future.

                  Comment


                  • Re: Eurasian Customs Union

                    Thanks Federate for a very good article.

                    Comment


                    • Re: Eurasian Customs Union

                      In the above posts & articles about Hayastan joining the Eurasian economic union, I find many positive and hopeful things.
                      The "security guarantee" for Artsahk, is the most relieving (for me).
                      Haven't seen the exact terms, or even general terms spelled out.
                      Does anyone know these terms, or will they be announced at some future date when the formal act of joining takes place?

                      Comment

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