YEREVAN. – Russia's investments in Armenia are delayed because of Western sanctions, but they will definitely come, economist Ashot Tavadyan believes.

He said the process of Eurasian integration in any case implies strengthening of ties with Russia, Belarus and Kazakhstan.

“We have already received obvious benefits from convergence: price for gas is $189 per 1,000cubic meters, and the loan of $270 million for extending the deadline of Armenian NPP,” he said.

But most importantly Armenia has the opportunity to change the form of management: the republic will be able to live on less transfers from abroad and more on the industry, which will serve for a huge market of Russia and other Eurasian Union member states.

Armenia is expected to become a full member of the Eurasian Economic Union from January 1, 2015, the first day of its existence.