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Armenia must slow down Customs Union accession because of US sanctio

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  • Armenia must slow down Customs Union accession because of US sanctio

    Economist: Armenia must slow down Customs Union accession because of
    US sanctions

    March 22, 2014 | 14:09


    YEREVAN. - Armenia's integration into Customs Union must be slowed
    down as much as possible, Chairman of Armenia's Union of Employers
    said.

    Gagik Makaryan said Russia must be informed that, because of its
    conflicts, in particular in Ukraine, Armenia's economy is losing
    donors.

    He believes there are no prerequisites for weakening of U.S. sanctions
    against Russia, vice verse.

    Russia's economic slump is fraught with loss of jobs for majority of
    Armenian migrant workers in Russia. They will stay at home, and
    unemployment rate will rise.

    Photo by Arsen Sargsyan/NEWS.am


    News from Armenia - NEWS.am

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