YEREVAN. – Armenia inadequately assesses the current situation concerning the talks on the Armenia-EU Association Agreement and the Customs Union.

Caucasus Institute Director, political scientist Alexander Iskandaryan noted the aforesaid during a press conference on Monday.    

In the analyst’s view, the Association Agreement negotiations are progressing quite well and there is a more-than-50-percent chance that the document will be initialed during the EU Eastern Partnership summit to be held in Vilnius, Lithuania, in November.

“But this is solely one of the steps [in the process],” the political scientist recalled.

Iskandaryan added that the initialing of the document will be followed by the implementation of the terms that are stated in the document, and this may take several years. 

As for the prospects for Armenia joining the Customs Union, the analyst believes there are no such prospects because no one is proposing the country to become a member in this organization. That is why, as per Iskandaryan, Armenia is developing forms for solely collaboration with the Customs Union.