Thursday, April 2 2026 10:27
Marianna Mkrtchyan

Overchuk: Armenia very close to point where Russia have to  restructure its economic relations with it

Overchuk: Armenia very close to point where Russia have to  restructure its economic relations with it

ArmInfo.  Armenia has come very close to the point where Russia will have to restructure its economic relations with it. Russian Deputy Prime Minister Alexey Overchuk  stated this in an interview with TASS.

The Deputy Prime Minister acknowledged that at bilateral meetings, as  well as within the Eurasian Economic Union (EAEU), "Armenian leaders  speak of friendship with Russia and assure us of their commitment to  the EAEU."

"On our part, the discussions are frank and always respectful. At the  same time, comparing words with actions, one comes to the conclusion  that our colleagues have come very close to the point where we will  have to restructure our economic relations with this country," he  added. As Overchuk pointed out, the Russian government, by virtue of  its authority, is "concerned about the prospects for the future of  trade and economic relations with Armenia." "Considering the  announcement of the sale of the concession, the general understanding  of the regional context, and the Armenian leadership's policy of  rapprochement with the EU, serious questions arise regarding their  future," he stated.

He also noted that Armenia's exports to the Eurasian Economic Union  (EAEU) countries have increased 12.5-fold since 2015, while over the  same period, exports to the EU and the US grew only 1.53-fold and  2.2-fold, respectively. Thus, he stated, the export dynamics clearly  demonstrate that "in the real world, Armenian entrepreneurs are  making money in the markets of EAEU member states."

In this regard, the Russian Deputy Prime Minister noted that the  presented figures "illustrate the real level of interest of Armenia's  trading partners in purchasing the products of its producers."