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How will int'l reaction affect Carrefour hypermarket entry to Armeni

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  • How will int'l reaction affect Carrefour hypermarket entry to Armeni

    How will international reaction be to obstructing Carrefour
    hypermarket chain's entry to Armenia? - newspaper

    NEWS.AM
    February 14, 2013 | 08:07

    YEREVAN. - Commenting on the news being disseminated with respect to
    the obstacles being set before the well-known French Carrefour
    hypermarket chain's entry into Armenia, Michael Weichert, the
    Friedrich Ebert Stiftung Regional Director for South Caucasus, told
    Zhamanak daily as follows:

    ``Carrefour could have an impact on politics and, in general, on the
    country's economy. And those that have monopolies, those that have an
    influence over the government, on the policy being conducted, perhaps
    would fear having a competitor in this domain.

    If your government ultimately prohibits Carrefour from coming to
    Armenia, this could have an impact in connection with other investors,
    since they would contemplate whether or not doing business [in
    Armenia].'

    According to him, the international donors would change their mind and
    not make investments in Armenia,' Zhamanak writes.


    From: Baghdasarian
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