Prime Minister of Armenia Tigran Sargsyan and Eurasian Economic Commission (EEC) Board Chairman Viktor Khristenko will sign a memorandum Wednesday in Armenia’s capital city Yerevan. 

“The objective of signing the memorandum is to deepen cooperation. Armenia will be given the opportunity to be present at the meetings of the Supreme Eurasian Economic Council, the ECC, and the ECC Board,” the Eurasian Economic Commission press service informed RIA Novosti news agency of Russia.      

To note, following the talks that were held on September 3 in Moscow between Armenian and Russian Presidents Serzh Sargsyan and Vladimir Putin, Sargsyan had announced that Armenia plans to join the Customs Union and subsequently engage in the formation of the Eurasian Economic Union. Aside from Russia, Belarus and Kazakhstan likewise are members in the Customs Union. And in response to this development, the European Union had stated that the signing of the Armenia-EU Association Agreement and the Deep and Comprehensive Free Trade Area agreement is now doubtful.