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- GOLD3,898.90-3.29%
- INTEREST36.00%-1.00
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- November 1, 202615°
- BIST10010,760-3.63%
- USD49.86+0.15%
- EUR55.82+0.52%
- GOLD3,898.90-3.29%
- INTEREST36.00%-1.00
- BITCOIN77,800+0.46%
- November 1, 202615°
Mirzoyan says EAEU has no mechanism to suspend membership
Armenian Foreign Minister Ararat Mirzoyan said Yerevan had not violated its Eurasian Economic Union obligations and that there was no legal basis for suspending its membership. A report by EAEU countries assessed the possible effects of such a scenario on Armenia’s economy.
Responding to discussions about Armenia’s future in the Eurasian Economic Union (EAEU), Foreign Minister Ararat Mirzoyan said his country had not violated its obligations within the union and had no intention of doing so.
Mirzoyan said the EAEU’s founding documents contained no mechanism for expelling a member state from the union or suspending its membership. He said he disagreed with the legal arguments presented in a report prepared by EAEU countries and noted that attempts to justify such a scenario could be politically motivated.
Yerevan expects reciprocal commitments
Emphasizing that Armenia was fulfilling its obligations in good faith, Mirzoyan said they expected the EAEU’s partners to take the same approach. He said Yerevan would make its future decisions by considering the interests of its statehood, independence and sovereignty.
Economic scenario in EAEU report
Russia, Belarus, Kazakhstan and Kyrgyzstan presented a report on October 20, 2026, assessing the consequences that could arise if Armenia’s EAEU membership were suspended.
Under the scenario outlined in the report, suspending membership could cause Armenia’s gross domestic product to fall by 15.6% and its trade volume with union countries to decline by 55.6%. The same assessment projected that inflation could rise by 14.9 percentage points.
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