The result of Armenia’s participation in the EAEU might be much better.

Armenian FM Edward Nalbandian said the aforementioned in an interview with DW. 

In his words, all kinds of negative external economic trends also impact countries like Armenia, which has small but sufficiently open economy. “The way they do on many other EU countries. In the conditions of not easy economic conjuncture, our accession [to the EAEU]—one has to give it credit—gave us an opportunity to have access to quite a large market. What is manufactured in Armenia goes to that enormous consumer market at a zero customs duty and without any administrative obstacles, which is important.  There is also a [growth] trend: For the last year, that is in 2016, Armenia’s export grew by 50 percent. You can understand what figures we are talking about.”

To the observation that these figures reflect the post-crisis recovery growth and that the indexes reached the level of year 2013, Nalbandian noted that there are countries which suffer crisis as a result of global problems and global economic conjuncture. “And this crisis continues. But, nevertheless, we have positive trends.”

Responding to the question that unlike other EAEU member-states, which are very critical about the Union, only Armenia still sees privileges in it, Nalbandian said he doesn’t think only Armenian is positively disposed. “Criticism is always good if it is aimed at improving the conditions and looking at prospects. From this perspective, it is apparently important to consider criticism as a very positive point instead of pouring ashes on ones’ heads and saying how bad everything is,” he concluded.