YEREVAN. – Armenia is the only country that increased its exports to the Eurasian Economic Union (EAEU, which comprises Armenia Russia, Belarus, Kazakhstan, and Kyrgyzstan) markets, during the first nine months of 2016.

Deputy Director of the Integration Development Department at the Eurasian Economic Commission (EEC)—the executive body of the EAEU, Saadat Assanseitova, said the aforementioned at Saturday’s joint meeting of the Standing Committee on Foreign Relations of the National Assembly of Armenia and of the Committee on Foreign Affairs of the Federation Council of Russia, in Armenia’s capital city of Yerevan.

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“This [i.e. the increase in exports from Armenia to the other EAEU countries] proves that Armenia is rehabilitating its economy,” stressed Assanseitova. “Now, exports are growing at a great pace.

“In addition, Armenia is the [EAEU] country that recorded the highest GDP growth indicator. This indicator amounted to 2.8 percent in the first half of 2016; this is more than the average EAEU indicator.”