A rupture between Moscow and Yerevan would be a catastrophe for Armenia: Robert Kocharyan

The consequences for Armenia of a rupture in relations between Moscow and Yerevan would be catastrophic. This is what Robert Kocharyan, second president of Armenia, leader of the “Armenia” bloc, and candidate for prime minister, said in an interview with the RBC television channel.

“For Armenia, this [a rupture of relations with Russia] would simply be a catastrophe. 98% of agricultural products are exported to Russia. The EU market is simply a closed, closed market, a protected one. The barriers there are almost insurmountable. […] The consequences would truly be nothing short of catastrophic,” Kocharyan said.

He noted that the authorities cannot offer an alternative destination for Armenian producers to export their goods in the event of a deterioration in relations with Moscow.

According to the former president, Russia, for its part, would not feel significant consequences in the event of a falling-out with Armenia. Kocharyan noted that Armenia’s share of Russia’s foreign trade turnover stands at 0.7%, whereas before sanctions were imposed on Moscow in 2022, that figure was 0.3%.

“That is to say, Armenia’s share of Russia’s foreign trade turnover is such that no one in Russia would notice. The situation is too unequal to be playing these games,” he explained.

Kocharyan stressed that the issue is not about Moscow financing Yerevan.

“It is about the Russian market, which allows Armenia’s economy to breathe. […] And if, as has been stated, this affects the price of gas, the catastrophe for Armenia’s economy will be far, far deeper,” he clarified.

“Today the government of Armenia is pursuing a foreign policy that runs counter to its economic interests. This, I think, is the only such case in international practice,” Kocharyan concluded.