Announcement

Collapse
No announcement yet.

Armenia-Hungary Relations: Severing Ties "not Damaging"

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Armenia-Hungary Relations: Severing Ties "not Damaging"

    ARMENIA-HUNGARY RELATIONS: SEVERING TIES "NOT DAMAGING"
    By Gayane Abrahamyan

    http://armenianow.com/news/39805/armenia_hungary_relations_ramil_safarov_hrant_bagr atyan
    News | 07.09.12 | 15:45

    Photo: Ministry of Diaspora

    Protest action in Budapest

    The question that came up right after Armenia severed diplomatic ties
    with Hungary, following Ramil Safarov's extradition, was whether that
    drastic decision is actually in Armenia's best interests.]

    Many are convinced that the suspension of diplomatic ties won't matter
    all that much to Hungary and that, in general, it is not an effective
    tool with any state.

    Enlarge Photo "No to Hungarian products"

    Politically Armenia is not winning anything, but, as former prime
    minister of Armenia Hrant Bagratyan, now Armenian National Congress
    faction member, says "this implies loss of a 25-million-dollar chance
    for commodity turnover".

    By The Armenian National Statistical Service date for 2011, the
    commodity turnover between Armenia and Hungary made $25.1.

    Nonetheless, Armenia exported only about half a million dollars worth
    of goods to Hungary.

    Armenia has been exporting mostly fresh and frozen fruits, vegetables,
    preserves, mineral water and cell phone parts.

    According to Bagratyan, who has PhD in economics, Armenia will lose
    some $5 million in taxes from import.

    In terms of investments, Hungary hasn't been particularly active.

    Three years ago, when President Serzh Sragsyan made his first official
    visit to Budapest and received a warm welcome, an Armenian-Hungarian
    business forum was held there.

    "Trade and investment relations got more active after it, but Hungary
    does not export to Armenia any product of strategic importance, hence
    the decision to sever the diplomatic ties is not really damaging
    to Armenia," Askanaz Abrahamyan, chief of staff at the Chamber of
    Commerce and Industry of Armenia, told ArmeniaNow.

    As part of the protest against Hungary's decision on extradition,
    posters can be seen across Yerevan calling to "boycott Hungarian
    products", which can be as "effective" as the calls for boycott of
    Turkish products that Armenian markets are flooded with.

    In terms of economy and politics Hungary is not of great importance to
    Armenia. But for students now studying in Budapest's Central European
    University, the education opportunity offered has been significant.

    Twelve students are there now following the path of more than 120
    since 1991.

    Since convicted killer Safarov was extradited from Hungary on August
    31, appeals were made on Facebook social network urging the Armenian
    students to boycott Hungary and stop their education there.

    But the students judged that it would have a stronger impact to stay
    and protest: they hung slain victim Gurgen Margaryan's photos on
    the dormitory doors and together with their classmates of different
    nationalities sent an open letter to the Hungarian prime minister.

    Rector of Yerevan State University (YSU) Aram Simonyan made a statement
    early this week saying that they had cancelled the earlier confirmed
    participation in a conference to be held at the Central European
    University's Center for Eastern Mediterranean Studies.

    However, students have released a statement asking YSU and CEU to
    continue cooperation, despite the aggravation of political relations.

Working...
X