
Pashinyan Worried About Economic Sanctions Imposed by West
Armenian Prime Minister Nikol Pashinyan, attending a session of the Eurasian Intergovernmental Council in Kazakhstan yesterday, said he was concerned that sanctions imposed by the West on Russia over its invasion of Ukraine will severely impact the Russian-led trade bloc that includes Armenia.
“Of course, it is obvious that sanctions will have a direct impact on the economic climate in the Eurasian space,” Pashinyan said, adding that the EAEU must take steps to minimize the expected negative impact.
Russia is Armenia’s top trading partner and the main source of multimillion-dollar remittances sent home by Armenians working there.
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