EAEU council members estimate higher Armenian gas import costs if country leaves bloc

Armenia’s annual gas import bill could rise by 69% to $657.5 million if it leaves the Eurasian Economic Union, according to a report by members of the Eurasian Intergovernmental Council cited by RIA Novosti.

Representatives of Russia, Belarus, Kazakhstan and Kyrgyzstan prepared the report, which examines possible consequences of suspending the EAEU treaty’s application to Armenia.

The report’s authors also said those countries did not want Armenia to leave the bloc and respected its right to decide whether to participate in integration groupings.