The Armenian problem is modernizing the economy

Serge Sargsyan's statement on the readiness of Armenia to join the Customs Union is being heavily discussed by Russian and Armenian experts. Is the Armenian leadership ready to move toward Eurasian integration? How will relations within the Customs Union be built, if Armenia has no common borders with Russia, Kazakhstan or Belarus? What are the economic benefits for Armenia from participation in the Eurasian integration project?

Head of the Laboratory for the Problems of inter-regional development, Institute of market problems, Doctor of Economics, Professor Asa Mihranyan, commented on the economic benefits and disadvantages that may arise from these processes.

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