POLITICAL AND ECONOMIC DEVELOPMENT OF THE REPUBLIC OF ARMENIA BEFORE INTEGRATION INTO THE CUSTOMS UNION AND THE EURASIAN ECONOMIC UNION

Abstract

In this article, I analyze the process of formation of the political and economic system of the Republic of Armenia after the collapse of the USSR and before integration into the EAEU, the consequences and further relationship with the Russian Federation. I studied the most developed sectors in the country, namely: production of energy, transport, agriculture and finance; their emergence, problems and current situation. As a result of the analysis, the author came to the conclusion that the improvement of the economic situation in Russia will lead to the stabilization of the economic situation in the entire region, and especially in the countries of the Eurasian Economic Union. Armenia is a strong player in the agricultural sector, and the improvement of the economic situation in the Union countries will give it access to new multi-million markets.