The Eurasian Economic Union: Opportunities for Increasing the Russia-Armenia Tourist Flows
Filosofova Tatiana G., Gasparian Lusine A. The Eurasian Economic Union: Opportunities for Increasing the Russia-Armenia Tourist Flows//International Relations. 2015 Current Issues of World Economy and Politics. Smolenice Castle - Bratislava: Publishing Econom, 2015. – P. 259-265
7 Pages Posted: 29 Mar 2018
Date Written: December 1, 2015
Currently the issue of increasing tourist flows between Russia and Armenia has gained particular significance. The Republic of Armenia and the Russian Federation are the Eurasian Economic Union (EAEU) member-states, so development of tourism between the two countries will serve better understanding and will create conditions for further steady development and business cooperation. Analysis of tourism role in the economy of different countries shows that inward tourism plays an important role for national economies. It is very important for Armenia to ensure future growth of tourist flow from Russia. According to the National Statistics Service of the Republic of Armenia the majority of visiting Armenia tourists are Russian tourists. Development of integration processes within EAEU is directly related to the increase of tourist flows within the Union. On the one hand inward tourism contributes to the economic growth of a country (a tourist destination, acting as the receiving party), which increases the living standards of the population. On the other hand – tourism development is important for EAEU as an integration group, as it ensures socio-cultural development, sustainability and stability of international and cross-cultural communications, better understanding, it becomes a booster of business cooperation between countries.
Keywords: Eurasian Economic Union, tourist flows, Russia, Republic of Armenia, sustainable development, international integration, humanitarian cooperation
JEL Classification: F15, L84, Z32
Suggested Citation: Suggested Citation