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Black Sea Will Benefit If Turkish Border With Armenia Reopens

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  • Black Sea Will Benefit If Turkish Border With Armenia Reopens

    BLACK SEA WILL BENEFIT IF TURKISH BORDER WITH ARMENIA REOPENS

    armradio.am
    14:52 04.12.2012

    Businesses and people in the Black Sea region will only stand to
    benefit if Ankara and Yerevan agree to re-open their long-closed
    border, Black Sea Trade and Development Bank (BSTDB) General Manager
    Andrey Kondakov said in an interview with Today's Zaman.

    Kondakov was recently in Istanbul to participate in the Southeast
    Europe Business Forum. The Thessaloniki-based bank was established in
    1997 to promote economic development and regional cooperation among
    Black Sea Economic Cooperation (BSEC) members.

    "As a development bank we promote regional cooperation and
    trade. ... We will welcome any initiative leading to increased business
    interaction among members and among businesses and peoples in the
    Black Sea region, and the reopening of the border with Yerevan is
    definitely one such move," he explained.

    Kondakov stressed more open borders will help to develop regional
    infrastructure, which brings more business opportunities and supports
    growth and prosperity in the BSEC member countries.

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