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KAZAKHSTAN AMBASSADOR TO ARMENIA: ECONOMIC POTENTIAL OF CUSTOMS UNION REACHES $2 TRLN
YEREVAN, January 29. /ARKA/. Economic potential of the Customs Union
reaches 2 trillion dollars, ambassador of Kazakhstan to Armenia Aimdos
Bozzhigitov said Saturday.
Over 9 months of 2012, trade turnover in the countries of the Customs
Union grew by 40 billion dollars
"Today the Customs Union is a huge market with population of 170
million and economy potential of 2 trillion dollars", Bozzhigitov said
at a conference on Armenia's Eurasian integration and its prospects
held by "Integration and Development" analytical NGO in Yerevan.
Bozzhigitov pointed out that "there has been experience of
counteraction and global integration structures are created not for
the first time".
"Globalization unites people into one information and communication
space, with no boundaries, with free flow of goods, capital and human
resources. In the same time, globalization brings vulnerability and
fragility into the modern world: terrorism, drug trafficking and
extremism have no boundaries either and are global challenges for
the humanity. Uneven social and economic development of the world
is intensified resulting in tougher international competition",
the ambassador said.
Yet, globalization carries huge opportunities if a correct development
path is picked up to ensure competitiveness, according to Bozzhigitov.
Bozzhigitov also reminded that Kazakhstan president Nursultan Nazarbaev
was the first to voice the idea of Eurasian integration in 1994. -0-
YEREVAN, January 29. /ARKA/. Economic potential of the Customs Union
reaches 2 trillion dollars, ambassador of Kazakhstan to Armenia Aimdos
Bozzhigitov said Saturday.
Over 9 months of 2012, trade turnover in the countries of the Customs
Union grew by 40 billion dollars
"Today the Customs Union is a huge market with population of 170
million and economy potential of 2 trillion dollars", Bozzhigitov said
at a conference on Armenia's Eurasian integration and its prospects
held by "Integration and Development" analytical NGO in Yerevan.
Bozzhigitov pointed out that "there has been experience of
counteraction and global integration structures are created not for
the first time".
"Globalization unites people into one information and communication
space, with no boundaries, with free flow of goods, capital and human
resources. In the same time, globalization brings vulnerability and
fragility into the modern world: terrorism, drug trafficking and
extremism have no boundaries either and are global challenges for
the humanity. Uneven social and economic development of the world
is intensified resulting in tougher international competition",
the ambassador said.
Yet, globalization carries huge opportunities if a correct development
path is picked up to ensure competitiveness, according to Bozzhigitov.
Bozzhigitov also reminded that Kazakhstan president Nursultan Nazarbaev
was the first to voice the idea of Eurasian integration in 1994. -0-