Yerevan /Mediamax/. President of Armenia Serzh Sargsyan stated that the membership in Eurasian Economic Union does not pose a threat to Armenia's political independence anyhow.

The President stated it in his address on the occasion of Independence Day.

“In the near future we are going to become a member of the Eurasian Economic Union. This decision is conditioned by new possibilities of Armenia's economic development and, why not, by the existing regional security system. We have to be honest. Nobody is a prophet and we can't predict what result we will achieve in ten or 20 years from now, but one thing is clear: if we work hard we can expect serious economic benefits. We have managed to sustain economic growth today as well. The fact that we are not satisfied with the existing growth rates is quite another matter. A huge market is going to open up for our products, and penetration into it depends on our working skills.

On this occasion, I would like to oppose some our opponents who try to present our membership in the Eurasian Economic Union as a loss of Armenia's independence. I have to say that such speculations have existed in all the 23 years of independence. Today, on Armenia's Independence Day, I declare with utmost responsibility that our membership in the Eurasian Economic Union does not pose a threat to Armenia's political independence anyhow. Such claims are groundless. There is not any integration process in the world which does not suppose coordination of steps. This is more than a natural phenomenon”, Serzh Sargsyan stated.