The pace of growth in the EBRD’s emerging economies is slowing on the back of a weaker global economic outlook, and pressure from slower growth in the Eurozone and China, US/Chinese trade tensions and a contraction in world automobile production, acc
Russia dominates the trade within the Eurasia Economic Union (EEU). In 2018 trade with Russia accounted for 96.9% of all trade within the Eurasian Union; trade among the four smaller countries accounted for the remaining 3.1%.
The new government has an overwhelming mandate for change. But the prime minister’s fear of unpopularity has hamstrung his ambitious agenda.
Prime Minister Nikol Pashinian managed a delicate balancing act while hosting his authoritarian allies in Yerevan.