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If The Border Opens, Turkey Will Pursue Dumping Policy

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  • If The Border Opens, Turkey Will Pursue Dumping Policy

    IF THE BORDER OPENS, TURKEY WILL PURSUE DUMPING POLICY

    news.am
    Nov 10 2009
    Armenia

    Turkey might carry out dumping policy and seek to gain monopoly in
    Armenian market in case of Armenia-Turkey border opening, Chairman
    of NA Standing Committee on Fiscal, Budgetary and Economic Affairs
    Gagik Minasyan stated at Nov. 10 press conference.

    According to him, Armenia will be forced to adopt an economic policy
    that deprives the neighbors of such pretensions. "These actions
    can affect Armenia's economy dramatically, but luckily international
    organizations enable taking the necessary steps towards the neighbor,"
    Minasyan outlined.

    According to him, research of the Turkish market shows it might have
    demand in Armenian electricity, cement and agricultural commodities.

    "Turks' statements that they need nothing from Armenia are
    policy-induced and have economic basis," Minasyan noted adding that
    Turkey will not make such statements once political issues are settled.

    In case of border opening Armenia will have an opportunity to
    diversify export and import, "Presently, Georgia charges Armenia
    for cargo traffic as much as it will cost from New York to Poti,
    and with border opening the situation will change in terms of import
    and export volumes increase," Minasyan said.
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