Russia warns of possible reduction in trade with Armenia due to the fault of the European Union

Trade between Russia and Armenia may decrease by 6 billion dollars by the end of 2025. This was stated by Deputy Prime Minister of the Russian Federation Alexey Overchuk at the St. Petersburg Economic Forum.

According to the official, this is due to economic barriers, the work of regulatory authorities and difficulties with mutual settlements.

According to Overchuk, Armenia's rapprochement with the European Union is one of the key reasons for the predicted decline in trade between Armenia and the Russian Federation.

"We understand what is happening. Or rather, we are seeing a drop in numbers now. By the end of the year - minus 6 billion dollars... We do not want this, because the example of Armenia is such a showcase of the EAEU. This is an example of the success of the EAEU economic model," he emphasized.

In addition, Overchuk said that Russian business has no future in Armenia if Yerevan decides to join the EU.

"Armenia's course towards rapprochement with the EU is already having a negative impact on the country's economy. In 2024, trade turnover with Russia decreased by $2 billion, and in 2025, losses could reach $6 billion," the Russian Deputy Prime Minister noted.

Последние новости
Human rights activists recognize Crimean Tatar as a political prisoner
Human rights
Human rights activists recognize Crimean Tatar as a political prisoner
15 July 2025

The Memorial Human Rights Center recognized Eduard Asanov, a citizen of the Russian Federation and Ukraine, a Crimean Tatar, as a political prisoner. In July 2024, he was sentenced to 8 years and 6 months in prison on charges of participating in an illegal armed group.
The Islamic banking experiment in Russia has been extended until September 2028
Economy
The Islamic banking experiment in Russia has been extended until September 2028
15 July 2025

The State Duma has decided to extend Islamic banking in Bashkortostan, Dagestan, Tatarstan and Chechnya, as well as to develop standards in this area.
The EU may impose sanctions on two Georgian judges
Politics
The EU may impose sanctions on two Georgian judges
15 July 2025

Two Georgian judges have been added to the list of people against whom sanctions may be imposed, as proposed by Brussels, the EU High Representative for Foreign Affairs and Security Policy Kaja Kallas stated. According to her, the EU sees that court decisions against protesters are indeed "very, very disproportionate", and it is obvious that "the judiciary is also part of this apparatus".
In the Moscow Region, members of the
Society
In the Moscow Region, members of the "Russian Community" entered into a conflict with Chechens and Ingush
15 July 2025

A mass brawl between natives of Chechnya and Ingushetia on one side and, presumably, members of the nationalist organization "Russian Community" on the other took place in Krasnozavodsk, Moscow Region.