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Economic Inactiveness Resulted In Decline Of Armenia's Competitivene

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  • Economic Inactiveness Resulted In Decline Of Armenia's Competitivene

    ECONOMIC INACTIVENESS RESULTED IN DECLINE OF ARMENIA'S COMPETITIVENESS LEVEL - HRANT BAGRATYAN

    15:30 / 17.11.2014

    Nyut.am conducted an interview with the economist, ANC faction MP
    Hrant Bagratyan over Armenia's membership to the EEU, the preparation
    activities.

    - Mr Bagratyan are enough steps being undertaken to smooth and reduce
    the risks Armenia faces?

    - I find it difficult to give assessment regarding satisfactory
    degree. I suppose and I partially know that a big number of contracts,
    laws and decisions are being prepared.

    - The authorities say that new markets have opened for Armenia. How
    realistic is it?

    - Principally, yes, wider opportunities for economic contacts are
    opened with Russia. But we also face loss of opportunities relating to
    third countries. Nevertheless, the privileges given to the Armenian
    government are enough to bring the losses to minimum in the first
    period.

    - If previously it was being spoke about the economic growth in our
    country, there are no such talks currently and the existing business
    is gradually declining with even mining sphere not being attractive
    due to the reduction of prices in the international market. In your
    opinion, which is the way out?

    - The issue is more complicated than it can seem from the
    first glance. As of the moment we are registering reduction in
    the competitive sphere. The reduction of economic activity and
    aggressiveness during the recent years resulted in the decline of
    our country's competitiveness.

    - Can the three political forces make changes?

    - It is difficult to say.

    - In your opinion will the implementation of 12-point demands become
    a formula for saving Armenia?

    - These are political-economic demands. Naturally as usual, there is
    a need of serious economic programs.

    - Do you consider the possibility of joining these demands of the
    three forces at some stage?

    - In some of them yes, in some no.

    Nyut.am




    From: A. Papazian
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