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RA Government: Open Border Means Economic Gains For Armenia, Turkey

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  • RA Government: Open Border Means Economic Gains For Armenia, Turkey

    RA GOVERNMENT: OPEN BORDER MEANS ECONOMIC GAINS FOR ARMENIA, TURKEY

    Information-Analytic Agency NEWS.am
    Sept 16 2009
    Armenia

    19:04 / 09/16/2009By various estimates, the reopening of the
    Armenian-Turkish border means economic gains from dozens of millions
    to billions of U.S. dollars for both countries, RA Minister of Finance
    Tigran Davtyan stated in the Armenian Parliament.

    He pointed out that the RA Government has conducted extensive
    research to estimate the possible impact of the reopening of the
    Armenian-Turkish border. "The research was conducted by not only
    Armenia, but also foreign experts, as well as by such an authority
    as the Word Bank. The researchers were of the unanimous opinion that
    the reopening of the Armenian-Turkish border means economic gains
    for both the countries," the Minister said. Davtyan pointed out that
    the reopened border means lower transportation costs for Armenia, new
    markets for Armenian products as well as impetus to investment. The
    Minister also pointed out that the Government is ready for open
    hearings for the issue. RA Prime Minister Tigran Sargsyan reported
    that, pursuant to the President's order, the RA Government is preparing
    a report on a possible impact of the reopening of Armenian-Turkish
    border. The Premier assured the Parliament members that the document
    will cover all the aspects of Armenian-Turkish relations.

    In contrast to the Government's position, Vahan Hovhannisyan, a
    member of the Armenian Revolutionary Federation (ARF), stated that
    the party conducted in-depth research as well. However, unlike the
    Armenian Government, the ARF arrived at an unfavorable conclusion.
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