What is opposed to what? A significant part of our society survives from the Russian Federation

June: 27, 2026

Nikol Pashinyan mentioned the other day that Russia’s restrictions on imports from Armenia, as well as on the export of Armenian goods through its territory to other EAEU countries, will cause at least very serious concern in a number of EAEU member states.

According to him, the Eurasian Economic Union should clearly answer the question whether it exists or not.

“We say that there is, and we, as a participating state, consider that some misunderstanding happened. If the Eurasian Economic Union says: you know what, I’m gone, well, if they’re gone, what can we do? We exist, we are in the Eurasian Economic Union and we work there. Now the Eurasian Economic Union must say whether it exists or not. If he directly or indirectly says that there is none, then what should we do?” he added.

Could this situation be a sign that anything is possible – go further than the limitations of the moment? 168amanswered this question economist Hayk Farmanyan.

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“The problem is very serious, we can face very serious consequences, and our authorities do not realize all this, do not understand that the economy of our country can collapse in the true sense of the word… A significant part of our society, in the truest sense of the word, survives at the expense of money transfers received from the Russian Federation, which amounts to about 4 billion dollars annually.

What is opposed to what? When they say that we are going to Europe, they do not understand that they can be members of the European Union in one case, when at least 40 percent of the country’s exports go to the European Union countries, and only 7 percent of your exports go to them at the moment,” added the economist.

He noticed that even though the authorities are trying to settle the situation with peasant “scrupulosity”, there is no prospect of settlement.

“Russia has not yet applied the sanctions of 2 heavy artillery. the first is the ban on money transfers and the increase in gas prices. I consider these to be the heavy artillery that can happen,” explained the specialist.

Hayk Farmanyan responded to the observation, and in this case, can Azerbaijan and Turkey consider an alternative and a way out, with which the authorities are trying to regulate relations, and we see, for example, cargoes coming through the territory of Azerbaijan.

“If there is any Armenian who sees Azerbaijan as an alternative, I have nothing to say, that is the solution to the issue. I have nothing to say, Azerbaijan is also solving the issue, Turkey is also solving the issue. If there is any intelligent Armenian who can see it as an alternative.”

Disclaimer: This article was contributed and translated into English by Jagharian Tania. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

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