Russia is convinced that the Eurasian Economic Union (EAEU) is more beneficial for Armenia than orientation towards Europe, said Dmitry Peskov, the press secretary of the Russian president.

“We [i.e. Russia] are convinced that if the European orientation and orientating towards the EAEU are put on the table, then the EAEU will prevail for Armenia. It is more beneficial for Armenians. It is more beneficial: they [i.e. Armenians] earn more money in the EAEU, their future is better with the EAEU, they develop faster with the EAEU. It won't be like that with Europe,” Peskov told Izvestia newspaper.