Armenian Experts’ Debate: “Membership in the EEU in Exchange for Security”
... investments in Armenia. Russia’s major companies — Gazprom, Russian Railways, INTER RAO UES, United Energy Company, Rusal Armenal , etc. — own 100% of some of Armenia’s open joint-stock companies. This goes to show that Russia is actively involved in the leading sectors of the Armenian economy, including energy supply, electricity processing and distribution, transport, telecommunication, the banking sector, insurance, and mineral production. That being said, the Armenian authorities must perceive the EEU, which is mostly lobbied by Russia, as a bloc capable of ensuring the country’s economic security. The EEU member states ...