[QODLink]
Europe

Armenia mulls joining Russia-led trading bloc

Many Armenians worry membership of the Eurasian Economic Custom Union would lead to higher prices for European imports.

Last updated: 16 Aug 2014 14:04
Email Article
Print Article
Share article
Send Feedback

The government of Armenia is considering joining the Russia-backed trading bloc, the Eurasian Economic Custom Union, leaving many Armenians worried over possible price rices.

If it does join the bloc - which currently includes Russia, Kazakhstan, and Belarus - Armenia said it would continue to allow imports from the US and the EU.

The country's largest trading partner is the EU, but Armenia backed out of talks to join the union last year.

Al Jazeera's Robin Forestier-Walker reports from Yerevan.

80

Source:
Al Jazeera
Email Article
Print Article
Share article
Send Feedback
Topics in this article
People
Country
City
Organisation
Featured on Al Jazeera
An innovative rehabilitation programme offers Danish fighters in Syria an escape route and help without prosecution.
Street tension between radical Muslims and Holland's hard right rises, as Islamic State anxiety grows.
Take an immersive look at the challenges facing the war-torn country as US troops begin their withdrawal.
Ministers and MPs caught on camera sleeping through important speeches have sparked criticism that they are not working.
Featured
More than 400 gaming dens operate on native lands, but critics say social ills and inequality stack the deck.
The Palestinian president is expected to address the UN with a new proposal for the creation of a Palestinian state.
Nearly 1,200 aboriginal females have been killed or disappeared over 30 years with little justice served, critics say.
Ethnic violence has wracked China's restive Xinjiang region, leading to a tight government clampdown.
Malay artists revitalise the art of puppeteering by fusing tradition with modern characters such as Darth Vader.