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Opening Border With Turkey Will Decrease Monopoly In Armenian Market

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  • Opening Border With Turkey Will Decrease Monopoly In Armenian Market

    OPENING BORDER WITH TURKEY WILL DECREASE MONOPOLY IN ARMENIAN MARKET

    PanARMENIAN.Net
    08.10.2009 14:54 GMT+04:00

    /PanARMENIAN.Net/ Opening of RA-Turkish border will result in
    competitiveness increase, while monopoly in Armenian market will slump
    significantly, Head of RF Antimonopoly Service Igor Artemyev believes.

    According to RF Antimonopoly expert, there should not be any concern
    over trade expansion of Turkish goods, as the market situation can be
    controlled by policy implemented. "It's up to you whether to slightly
    or fully open the market," he said. In this context Artemyev explained
    that RA Government has to stimulate local production in order to meet
    competition with Turkish manufacturers, as well as implement correct
    tax and customs policy.
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