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US Ambassador: Opening Of Armenian-Turkish Border Will Provide Big E

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  • US Ambassador: Opening Of Armenian-Turkish Border Will Provide Big E

    US AMBASSADOR: OPENING OF ARMENIAN-TURKISH BORDER WILL PROVIDE BIG ECONOMIC OPPORTUNITIES FOR BOTH COUNTRIES

    Panorama.am
    16:47 12/02/2010

    The opening of the Armenian-Turkish border and normalization of ties
    between Armenia and Turkey will provide big economic opportunities for
    both countries, US Ambassador Marie Yovanovich told a panel discussion
    on "Turkish-Armenian Relations and Cross-Border Regionalism" today.

    "Many in Armenia are concerned that different spheres of the Armenian
    economics will be harmed after the border opening. It will be a serious
    challenge but it will create possibilities for both the consumers
    and the producers. I would not like to underestimate the challenges
    but closed borders do not lead to anything good," Ambassador said.

    As Yovanovich said, open border will ease Armenia's economic
    isolation enabling Armenia to enter into a market of 70 million
    creating opportunities to cut economic and transportation expenses,
    boost competition and volumes of export.
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