Eurasian Economic Union is a boost for its member states’ economies: Armenian FM

The Eurasian Economic Union (EEU) gives an additional motivation for the development of economies of its member states, Armenian Foreign Minister Edvard Nalbandyan said on Friday, TASS reports.

“We assume that four freedoms underlying the EEU — movement of goods, services, capitals and workforce — offer an additional impetus for the development of the economies of its member states,” the foreign minister told an international forum of graduates from the Moscow State Institute of International Relations (MGIMO) University.

“Economic integration processes are in the focus of close attention of the international community,” he added, saying there were some 20 economic unions in the world at the moment.