Armenia's relations with Russia have continued to deteriorate throughout the course of Moscow's war with Ukraine.
Most banks in Armenia will soon stop accepting cards that use the Russian Mir payment system, Moscow's alternative to Visa and Mastercard, after they suspended operations in the country over the war in Ukraine, Russian media reported.A representative from VTB, a Russian majority state-owned bank, told Russian news outlet RBC that most banks in Armenia, not including VTB, would no longer accept Mir payment cards from March 30.
Armenia's relations with Russia have continued to deteriorate throughout the course of the war, and the country has sought to distance itself from Moscow.Earlier this month, Armenian Foreign Minister Ararat Mirzoyan said the country is considering applying for EU membership.'New opportunities are largely being discussed in Armenia nowadays,' Mirzoyan said in an interview with Turkish channel TRT. 'That includes membership in the European Union.
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