For Armenia, the Russian-dominated

For Armenia, the Russian-dominated EEU has always been defined more by obstacles than opportunities. Among the many obstacles, the weakest argument for Armenia to join the Eurasian bloc has always been the economic impact. Beyond the structural impediment of the absence of either a land connection or a functioning railway link to Russia or other EEU members, the most serious and immediate impact on Armenia’s economy will be caused by the need to adjust both its tariff rates and its trade orientation.