Swedish FM: Armenia seems to break free trade agreement talks with EU

PanARMENIAN.Net - Swedish Foreign Minister described Armenia’s intention to join the Russia-initiated Customs Union as a U-turn in relations with the European Union.

“Seems as if Armenia will break talks on free trade agreement with EU and integrate with Russia instead,” Carl Bildt said on his Twitter account after RA President Serzh Sargsyan confirmed Armenia’s willingness to join Customs Union, with further plans to be involved in formation of EurAsEC, during a meeting with his Russian counterpart Vladimir Putin in Moscow.

Mr Putin supported the initiative, voicing readiness to assist Armenia in the process. He also noted that Russian Railways may invest 15 billion rubles in development of Armenia's railway network.

The Customs Union was formed in 2010 to include of Belarus, Kazakhstan, and Russia; Kirghizia and Tajikistan later expressed intention to join the Union.