Armenia Initiates EU Membership Application Process

Armenia has taken significant steps towards European Union membership, with its government approving a bill to initiate the accession process. This decision, announced on January 9, reflects a growing commitment to align with EU values amidst escalating tensions with Russia, Armenia's traditional ally, which views this movement as a potential exit from the Eurasian Economic Union (EAEU). Prime Minister Nikol Pashinyan emphasized that a referendum will ultimately decide EU membership, clarifying that the approved law does not guarantee immediate accession. Furthermore, Armenia is preparing to sign a new partnership agreement with the EU that aims to enhance visa liberalization for its citizens. The European Commission has expressed willingness to discuss Armenia's legislative initiative, indicative of the bloc's interest in the region's geopolitical shifts. Meanwhile, concerns about economic repercussions from Moscow have been raised, particularly regarding potential price increases and export declines if Armenia proceeds with EU integration.