Armenia's contribution to the total budget of the Eurasian Economic Union (EAEU) is only 1 percent, RIA Novosti was told by Mikael Agasandyan, Director of the First Department for CIS Countries at the Russian Ministry of Foreign Affairs (MFA).

"Armenia accounts for a little more than 1 percent of all revenues from the ‘five’ [EAEU] countries, on the account of which the activities of the [Eurasian Economic] Union's bodies are ensure," Agasandyan noted.

In March 2025, the Armenian parliament passed a law on the launch of the process of Armenia's accession to the European Union (EU), and it was approved by President Vahagn Khachaturyan in April of the same year. Russian President Vladimir Putin, however, has stated that it is impossible to be in both the EU and the EAEU customs union at the same time.