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According To Vardan Aivazian, It Is Necessary To "Assume A Position"

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  • According To Vardan Aivazian, It Is Necessary To "Assume A Position"

    ACCORDING TO VARDAN AIVAZIAN, IT IS NECESSARY TO "ASSUME A POSITION" BEFOREHAND IN ORDER TO COMPETITIVE IN CASE OF POSSIBLE OPENING OF ARMENIAN-TURKISH BORDER

    Noyan Tapan
    June 23, 2009

    YEREVAN, JUNE 23, NOYAN TAPAN. A work entitled "The Trade and
    Economic Problems of Reopening the Roads between Armenia and Turkey"
    was presented at the ARF Kristopor Mikaelian Center on June 23. The
    representatives of the National Assembly factions and the economists
    present at the discussion considered the ARF Bureau's initiative as
    a praisworthy and valuable one.

    Chairman of the NA Standing Committee on Economic Issues, member of
    the Republican Party of Armenia Vardan Aivazian said that naturally,
    the Armenian-Turkish border will open sooner or later, and taking
    into account the fact that Turkey uses instruments for promotion and
    regulation of its economy and exports, the executive and legislative
    power of Armenia and its economic entities "should assume a position
    both in the good and bad sense in order to be competitive".

    According to him, when joining the World Trade Organization, the two
    countries assumed different obligations, including the one on customs
    duties: Turkey may establish a customs duty of up to 50% for some
    goods, whereas Armenia may establish a 15% customs duty at the maximum.

    In the words of the same committee's deputy chairman, member of
    "Prosperous Armenia" faction Vardan Bostanjian, the Armenian economy is
    quite vulnerable: for example, the domestic market is not protected
    despite the existence of the respective laws. Besides, Armenia's
    imports exceed more than four-fold its exports, which shows that
    "the country is not inclined to boost production".

    In the opinion of economist Andranik Tevanian, regardless of
    whether Armenia's legislation will be improved or not, in case of
    the possible opening of the border, the country's economy will be
    seriously jeopardized as it has a monopolistic and oligarchic nature
    and is based on "the persons united with the authorities".
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