The fact that Armenia’s economy is growing at a fairly considerable pace is largely the result of collaboration within the Eurasian Economic Union (EAEU). This was stated by Russian Foreign Minister Sergey Lavrov at a meeting with lecturers and students of the Russian-Armenian (Slavonic) University in Yerevan on Wednesday.

According to Lavrov, Armenia's trade with Russia has reached record figures, approaching $1.7 billion; and if we also take into account the data with other EAEU members, it is $13 billion.