On January 12 2002, the European Parliament noted that Armenia and Georgia may enter the EU in the future.  However, Armenia acceded to the Eurasian Union in January 2015. On February 24, 2017 Tigran Sargsyan , the Chairman of the Eurasian Economic Commission stated that Armenia's stance was to cooperate and work with both the European Union and the Eurasian Union . Sargsyan added that although Armenia is part of the Eurasian Union, a new European Union Association Agreement between Armenia and the EU would be finalized shortly.  Both Armenia and Georgia are members of the Council of Europe , the EU's Eastern Partnership , and the Euronest Parliamentary Assembly which seeks to foster greater cooperation between the EU and Eastern European states.