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Experience and Prospects of Armenian Membership in Eurasian Economic Union (EAEU)

Student: Milena Oganesian

Supervisor: Maxim Bratersky

Faculty: Faculty of World Economy and International Affairs

Educational Programme: Double degree programme in International Relations of the NRU HSE and the University of London (Bachelor)

Year of Graduation: 2020

Nowadays, it can be said without doubt that economic integration stands as one of the main characteristics of the modern globalized world. Based on individual considerations, each state is often forced to choose one or another vector of development, becoming a part of a certain integration project. The current reality is that the Russian Federation and the European Union, the two largest forces on the mainland, compel states to choose between them, often making it impossible to integrate simultaneously with both sides. In 2013, the Republic of Armenia announced its decision to become part of Eurasian integration project, abandoning the negotiations on the Association Agreement with the European Union. This research shows that the decision of the President of Armenia was driven by a combination of various factors. In the course of the work, the importance of economic and political determinants, as well as security-related, will be examined. Moreover, the effects and further prospects of Armenia’s membership will be discussed.

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