The growth of the Armenian economy highlights that it is the main beneficiary of the Eurasian Economic Union (EAEU) membership, Russian Deputy Prime Minister Alexei Overchuk told reporters, according to TASS.

"The growth of trade and economy of Armenia in recent years demonstrates that Armenia is the main beneficiary of the EAEU membership," he said.

Asked whether some other country could take Armenia’s place in the EAEU, Overchuk called the question incorrect.

"The way the question is put is incorrect as the question on joining EAEU always implies an independent decision by a country, which decides whether to join or not to join relying on its interests. There are obvious benefits here consisting in ensuring energy and food security and creating stable conditions for economic development, and what is most important is a barrier-free access to a huge market having the demand for goods of this country. This is an enormous potential for economic development, for an increase in earnings of people and business," he stressed.

Earlier, the government of Armenia endorsed a draft bill, initiating the process to joining the European Union (EU), which is going to be discussed by the country’s parliament.