Eurasian Economic Union & Azerbaijan

Eurasian Economic Union: The Eurasian Economic Union is a Russia-led customs bloc that Armenia is a member of. Vladimir Putin stressed that Armenia cannot join the EU and remain within this union, highlighting a potential conflict of economic interests.

Azerbaijan: Azerbaijan is a neighboring country with which Armenia is pursuing a peace deal, following a decades-long conflict over Nagorno-Karabakh. Nikol Pashinyan's government aims to normalize relations and institutionalize peace, which includes potential constitutional amendments demanded by Azerbaijan.

Eurasian Economic Union: Russia>>> has suggested that Armenia>>> could be expelled from the Eurasian Economic Union>>> as a consequence of its Western alignment, which would further isolate Armenia>>> economically.

Azerbaijan: Azerbaijan>>> has strengthened ties with the West, indicating a shift in the South Caucasus region away from Russia>>>'s traditional sphere of influence.

Eurasian Economic Union: Russia>>> warned that Armenia>>>'s closer integration with the European Union>>> would make its continued membership in the Eurasian Economic Union>>> impossible, potentially leading to a 14% GDP loss for Armenia>>>.

Azerbaijan: The election in Armenia>>> is also seen as a test of Prime Minister Nikol Pashinyan>>>'s efforts to forge peace with Azerbaijan>>>.