Armenian, Russian top officials focus on bilateral relations, EAEU cooperation

During a meeting in Yerevan, Armenian Prime Minister Nikol Pashinyan and Deputy Prime Minister of the Russian Federation Alexei Overchuk discussed matters concerning the bilateral agenda.

Overchuk arrived in Armenia to participate in a meeting of the bilateral intergovernmental commission, Caliber.Az reports via Armenian media.

It was noted that the interlocutors also touched on topics related to cooperation within the framework of the Eurasian Economic Union.

The Eurasian Economic Union (EAEU or EEU) is an economic union of five post-Soviet states located in Eurasia. The EAEU has an integrated single market. As of 2023, it consists of 183 million people and a gross domestic product of over $2.4 trillion.

The Treaty on the Eurasian Economic Union was signed on May 29, 2014, by the leaders of Belarus, Kazakhstan, and Russia, and came into force on January 1, 2015. Treaties aiming for Armenia's and Kyrgyzstan's accession to the Eurasian Economic Union were signed on October 9 and December 23, 2014, respectively. Armenia's accession treaty came into force on January 2, 2015, while Kyrgyzstan's accession treaty came into effect on August 6, 2015. Kyrgyzstan participated in the EAEU from the day of its establishment as an acceding state.

The EAEU encourages the free movement of goods and services and provides for common policies in the macroeconomic sphere, transport, industry and agriculture, energy, foreign trade and investment, customs, technical regulation, competition, and antitrust regulation.