Shoigu Alleges "Raider-Style Takeover" of Russian Assets in Armenia

Sergei Shoigu, Secretary of the Russian Security Council, stated that Armenian authorities are shifting their foreign policy course, distancing themselves from Moscow while expanding cooperation with Western nations. He made these remarks during a meeting of the Presidium of the Security Council’s Scientific-Expert Council.

Shoigu recalled that in the 1990s, Russia provided aid to help Armenia overcome economic and energy crises. He noted that during the republic's ten years of membership in the Eurasian Economic Union (EAEU), its economy had nearly tripled in size.

"At the same time, the current authorities have set a course toward severing ties with Russia and strengthening cooperation with the West," he declared.

According to Shoigu, Yerevan is also expanding its engagement with NATO. Yet, the Russian side believes Armenian authorities continue to take advantage of the benefits offered by the EAEU and the CSTO. The Security Council Secretary described this attitude toward regional integration mechanisms as "consumerist."

Shoigu specifically addressed the situation surrounding Russian companies in Armenia. He stated that Yerevan’s unfriendly policy is evident in its treatment of enterprises with Russian investment—affecting not just individual companies, but entire sectors.

"An unfriendly stance and blatant double standards are being applied to Russian businesses operating in Armenia. What is happening to the enterprises and entire industries where Russia has invested billions can only be described as a 'raider-style seizure,'" Shoigu said.

The Security Council Secretary cited the Armenian railways as an example. He noted that Yerevan claims Russian management of the railway system hinders Armenia's integration into international rail networks—an argument Shoigu dismissed as "frankly absurd." Addressing the issue of Armenia's relations with the European Union, Shoigu stated that Moscow has no intention of financing the republic's European integration. He cited the position of Russian President Vladimir Putin, according to which Yerevan must choose between joining the EU and maintaining its participation in the EAEU.

"Russia is not prepared to finance—and will not finance—Armenia's European integration, and every step in this direction carries objective consequences," the Security Council Secretary declared.

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