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HEAD OF UNION OF DOMESTIC COMMODITY PRODUCERS REITERATES SUPPORT FOR ARMENIA'S ACCESSION TO EURASIAN ECONOMIC UNION
YEREVAN, December 8. / ARKA /. Vazgen Safaryan, the chairman of the
Union of Domestic Commodity Producers, has reiterated today his support
for Armenia's accession to the Russia-led Eurasian Economic Union
(EEU) saying the membership opens up for Armenia new opportunities
to increase its industrial output given that Armenia uses this new
potential properly.
"The membership will give us nothing, if we do nothing to restore
Armenia's Soviet-time ties with industrial enterprises in Russia. We
should also encourage Armenian and Russian businessmen to establish
industrial production in Armenia's border communities," Safaryan said
at a press conference on Monday.
According to Armenia's National Statistical Service, the national
industrial output in January-October 2014 increased by 2.2 percent
from the same time span of 2013 to 1.040 trillion drams.
However, according to Safaryan, this growth rate is not satisfactory
to ensure an adequate level of social and economic development of
the country, as well as to reduce out-emigration and unemployment.
He also called on the government to revise the economic policy by
promoting exports of finished products, saying this will help increase
the GDP.
On December 4 by a vote of 103 to 7 and one abstention the National
Assembly of Armenia ratified the agreement that made the country
a member of the Eurasian Economic Union. The other members of the
Russia-led trade bloc are Kazakhstan and Belarus.
The agreement was endorsed by 5 of the six factions in the Armenian
parliament. The only party that voted against was Zharangutyun
(Heritage) of former foreign minister Raffi Hovhanisyan. The agreement
comes into force on January 1, 2015. ($ 1 - 447.86 drams) -0-
http://arka.am/en/news/economy/head_of_union_of_domestic_commodity_producers_reit erates_support_for_armenia_s_accession_to_eurasian/#sthash.w24miez9.dpuf
From: A. Papazian
YEREVAN, December 8. / ARKA /. Vazgen Safaryan, the chairman of the
Union of Domestic Commodity Producers, has reiterated today his support
for Armenia's accession to the Russia-led Eurasian Economic Union
(EEU) saying the membership opens up for Armenia new opportunities
to increase its industrial output given that Armenia uses this new
potential properly.
"The membership will give us nothing, if we do nothing to restore
Armenia's Soviet-time ties with industrial enterprises in Russia. We
should also encourage Armenian and Russian businessmen to establish
industrial production in Armenia's border communities," Safaryan said
at a press conference on Monday.
According to Armenia's National Statistical Service, the national
industrial output in January-October 2014 increased by 2.2 percent
from the same time span of 2013 to 1.040 trillion drams.
However, according to Safaryan, this growth rate is not satisfactory
to ensure an adequate level of social and economic development of
the country, as well as to reduce out-emigration and unemployment.
He also called on the government to revise the economic policy by
promoting exports of finished products, saying this will help increase
the GDP.
On December 4 by a vote of 103 to 7 and one abstention the National
Assembly of Armenia ratified the agreement that made the country
a member of the Eurasian Economic Union. The other members of the
Russia-led trade bloc are Kazakhstan and Belarus.
The agreement was endorsed by 5 of the six factions in the Armenian
parliament. The only party that voted against was Zharangutyun
(Heritage) of former foreign minister Raffi Hovhanisyan. The agreement
comes into force on January 1, 2015. ($ 1 - 447.86 drams) -0-
http://arka.am/en/news/economy/head_of_union_of_domestic_commodity_producers_reit erates_support_for_armenia_s_accession_to_eurasian/#sthash.w24miez9.dpuf
From: A. Papazian