Armenia sought higher turnover with EEU member states by choosing Eurasian integration - president

Armenia's foreign policy choice in favor of the Eurasian Economic Union aimed primarily at increasing the country's turnover with all the member states of the bloc, President Serzh Sargsyan said in his recent interview with RIA Novosti.

“In our status as a member state of the Eurasian Economic Union we did really pursue that objective,” he said, highlighting a 40% increase in agricultural exports to Russia over the past months of 2017.

Meantime he admitted that the records are slightly lower this year (above 35%).

But the president said he sees a real potential to develop the greenhouse industries to promote a higher agricultural growth.

“Agriculture is, all in all, very developed in Armenia, yet there is a much higher potential for a further growth. The agricultural produce we can send to Russia includes mainly fresh and preserved fruits and vegetables, cheese and many other things. What makes this sector amazingly unique is that we never supply the goods of a company enjoying monopolistic positions. We have over 350 farming economies in agriculture allowing for an equal distribution of profit. And that's really very important,” Sargsyan added.