ASSESSMENTS

The Effects of Armenia's Decision to Join the Customs Union

Sep 5, 2013 | 15:42 GMT

The Effects of Armenia's Decision to Join the Customs Union
Russian President Vladimir Putin (R) and Armenian President Serzh Sarkisian shake hands at a signing ceremony in Russia on Sept. 3.

MAXIM SHIPENKOV/AFP/Getty Images

Summary

Armenia's Sept. 3 decision to join the Russian-led Customs Union solidifies Yerevan's place in Moscow's push to integrate former Soviet states into its orbit while limiting the influence of the West. Armenia's eventual accession to the economic bloc effectively closes the discussion over the country's inclusion into similar EU-led trade deals, and a day after Armenian President Serzh Sarkisian declared his country's intentions to join the Customs Union, the Armenian Parliament canceled hearings it was to hold over negotiations with the European Union regarding its association and free trade agreements. The decision will also impact the ongoing political evolution in the Caucasus region and could bring Armenia's neighbor Georgia further into Russia's economic and political orbit as well.

Yerevan's ascension to the bloc will cut it off from EU-led trade deals and will impact the Caucasus' political evolution....

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