Armenia and Georgia can greatly benefit from accession to EaEU and EU

The mutually beneficial economic ties between Armenia and Georgia have not been realized completely in the recent years, economist Tatul Manaseryan told reporters on Monday, adding that Armenia should enhance relations with Georgia since “we are doomed to close cooperation with Georgia.”

According to the economist, Armenia’s and Georgia’s accession to the Eurasian Economic Union (EaEU) and the European Union (EU) respectively should be viewed as mutually complementary factors.

“We together with the Georgians can greatly benefit from accession to both unions, especially given that Armenia does not rule out European integration,” he noted.

Chairman of the Republican Union of Employers of Armenia Gagik Makaryan said for his part that it is difficult to judge about the real amounts of imports into Armenia from Georgia as many goods imported from Georgia are produced in Turkey.