Four EAEU states assess effects of suspending Armenia's participation in the bloc

Four EAEU states assess effects of suspending Armenia's participation in the bloc
Photo: Economist.kg

Kyrgyzstan, Russia, Belarus and Kazakhstan have prepared a joint report on the possible suspension of the Eurasian Economic Union (EAEU) treaty with respect to Armenia. According to their estimates, Armenia could lose 15.6% of its GDP.

Kyrgyzstan could see its exports fall by $0.5 million and its imports by $3.7 million. The report was sent to the Eurasian Economic Commission on October 20, 2026, following an instruction from the presidents given on May 29 at the Supreme Eurasian Economic Council in Astana. The move follows Armenia's push toward closer ties with the European Union, and the Armenian parliament adopted a law launching EU accession in March 2025.

On October 21, Armenian Foreign Minister Ararat Mirzoyan said Yerevan is studying the report and considers sovereignty its main priority. Armenia currently retains all rights and obligations as an EAEU member. The next meeting of EAEU leaders is scheduled for December 2026.

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This story was automatically summarised and translated from Economist.kg. All rights to the story belong to its source.

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