YEREVAN. – Armenia is in a unique situation. Even though isolation deprives it from getting all the benefits from accession to the Eurasian Economic Union (EEU), it enables the country to maintain certain stability.

Economist Aza Mihranyan (Moscow) stated the aforesaid at a discussion on Thursday.

In her words, the deterioration of the macroeconomic situation may contribute to some microeconomic integration within the EEU.

“Armenia market stability is due to the fact that the exports from the country are equally distributed in the directions of the EEU countries as well as European and American,” Mihranyan stressed. 

As per the economist, joint projects—such as Armenia-Iran-Russia, or Armenia-China-Russia—will enable to do away with the severity of the current economic crisis.