Pashinyan: Armenia will balance relations with Russia and EU

Armenia will balance its relations with Russia and the European Union, Armenian Prime Minister Nikol Pashinyan said during a panel discussion at the World Economic Forum in Davos, Report informs.

"We have decided to pursue a balanced and measured foreign policy, which means we will try to balance our relations with the European Union, Russia, and regional powers," he said.

Pashinyan noted that "deviation from balance can have very serious consequences for security and stability not only for a specific country but also for regional and global stability."