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PRESENCE OF COMMON BORDER NOT BASIC FACTOR FOR COUNTRIES TO JOIN CUSTOMS UNION: KHRISTENKO SAYS
YEREVAN, April 11. / ARKA /. Presence or absence of a common border
is not a basic factor for countries to join the Customs Union (of
Russia-Belarus and Kazakhstan), the chairman of the Eurasian Economic
Commission Viktor Khristenko said at a press briefing in Yerevan.
Earlier, Armenian Prime Minister Tigran Sargsyan said Armenia's
joining the Customs Union is hampered by geopolitical reasons like
lack of common borders with Russia, Kazakhstan and Belarus. However,
he added that Armenia could successfully cooperate with it.
But according to Khristenko, unlike the traditional economy in
which transport and logistics components defined everything, in
today's economy the flow of goods although play a significant and
important role, but does not determine the nature and depth of
economic relationships.
"In general, with regard to trade and flow of goods, they are
usually short-term, depending greatly on the situation, while direct
investment, financial services are usually long-term and strategic,"
he said.
Khristenko said common border has no value for many of these processes.
"What border means for financial and communication services? Nothing.
We should move away from simple approaches because we are in 21st
century, and the period, which we will live, will not be determined
by development of transport links, although it is important too. It is
important for people in the first place, for human flows to take place,
it is important for the goods, but that can not stop life ", he said.
The Armenian government has signed a memorandum of cooperation today
with the Eurasian Economic Commission. The document was signed by
acting prime Minister Tigran Sargsyan and Viktor Khristenko. -0-
From: Baghdasarian
YEREVAN, April 11. / ARKA /. Presence or absence of a common border
is not a basic factor for countries to join the Customs Union (of
Russia-Belarus and Kazakhstan), the chairman of the Eurasian Economic
Commission Viktor Khristenko said at a press briefing in Yerevan.
Earlier, Armenian Prime Minister Tigran Sargsyan said Armenia's
joining the Customs Union is hampered by geopolitical reasons like
lack of common borders with Russia, Kazakhstan and Belarus. However,
he added that Armenia could successfully cooperate with it.
But according to Khristenko, unlike the traditional economy in
which transport and logistics components defined everything, in
today's economy the flow of goods although play a significant and
important role, but does not determine the nature and depth of
economic relationships.
"In general, with regard to trade and flow of goods, they are
usually short-term, depending greatly on the situation, while direct
investment, financial services are usually long-term and strategic,"
he said.
Khristenko said common border has no value for many of these processes.
"What border means for financial and communication services? Nothing.
We should move away from simple approaches because we are in 21st
century, and the period, which we will live, will not be determined
by development of transport links, although it is important too. It is
important for people in the first place, for human flows to take place,
it is important for the goods, but that can not stop life ", he said.
The Armenian government has signed a memorandum of cooperation today
with the Eurasian Economic Commission. The document was signed by
acting prime Minister Tigran Sargsyan and Viktor Khristenko. -0-
From: Baghdasarian