Armenia has finalized its accession to the Russia-led Eurasian Economic Union, an intended regional counterweight to the European Union. But while Armenian and Russian officials focus on future prosperity, some Armenian observers believe membership in the bloc could exacerbate Armenia’s security challenges.
It only requires a glance at the dance-floor showdown in the Soviet cult-comedy “Mimino” to see that competition between the tiny South-Caucasus neighbors of Georgia and Armenia can run strong. No less so with economic alliances.
Aside from a famously bland brand of diplomatic rhetoric, the Shanghai Cooperation Organization represents the only major Eurasian club that caters to both Russian and Chinese interests. Yet with Moscow and Beijing presenting visibly divergent visions for economic cooperation in Central Asia, it is unclear how those competing views can be reconciled.