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Armenia's economic progress can be expected only under influence of
Russia - sociologist
February 08, 2014 | 14:12
YEREVAN. - Armenia's economic progress can be ensured only in Customs
Union, sociologist Aharon Adibekyan said
Adibekyan is confident Armenia needs investments amounting to $120
billion to restore economy.
"Investments should be made not in small and medium-sized business,
but to dozen of large enterprises. The small and medium-sized business
will be formed around these companies," he said.
He believes the government must review its economic role and become
more active in order to attract foreign capital by providing state
guarantees.
"Since the government remains on previous positions, we can not expect
any progress, or if there is progress under the influence of the
Russian side," he said, adding that Russia invested $7.59 billion over
22 years.
News from Armenia - NEWS.am
Russia - sociologist
February 08, 2014 | 14:12
YEREVAN. - Armenia's economic progress can be ensured only in Customs
Union, sociologist Aharon Adibekyan said
Adibekyan is confident Armenia needs investments amounting to $120
billion to restore economy.
"Investments should be made not in small and medium-sized business,
but to dozen of large enterprises. The small and medium-sized business
will be formed around these companies," he said.
He believes the government must review its economic role and become
more active in order to attract foreign capital by providing state
guarantees.
"Since the government remains on previous positions, we can not expect
any progress, or if there is progress under the influence of the
Russian side," he said, adding that Russia invested $7.59 billion over
22 years.
News from Armenia - NEWS.am