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Armenia, Nagorno-Karabakh United Economic Organism - Risks And Benef

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  • Armenia, Nagorno-Karabakh United Economic Organism - Risks And Benef

    ARMENIA, NAGORNO-KARABAKH UNITED ECONOMIC ORGANISM - RISKS AND BENEFITS OF EURASIAN INTEGRATION

    11:05 * 01.10.14

    With Armenia's accession to the Eurasian Economic Union (EEU) being in
    progress, Tert.am has sought comments from politicians over possible
    advantages and disadvantages of the deal.

    Tevan Poghosyan, an opposition lawmaker from the Heritage party, said
    he cannot now predict any outcomes and risks despite being familiar
    with the treaty.

    "I do not believe that the project will be realized; those are
    hypothetical issues that were outlined in the document. The whole
    problem is that the steps have to be put in action to make the
    situation favorable for Armenia," he said.

    Poghosyan considered problematic the earlier concerns about the absence
    of a border checkpoint between Armenia and the Nagorno-Karabakh
    Republic. "I know now how they will work. They are simply clauses
    outlined in a document, but I have no idea as to what the practical
    experience will show," he said, expressing his skepticism about a
    positive outcome.

    The opposition MP said he thinks that the question about the possible
    advantages and disadvantages would be a good food for thought for
    businessmen. "Our conclusions now can be based only on the technical
    assumption that in case Armenia hypothetically joins the EEU, the
    four [member] countries' markets will generate such and such income,
    and such and such part of it will go to Armenia's budget. But what
    about working with a country which is facing sanctions? So that's a
    question too," he added.

    Asked whether he doesn't think that the EU Association Agreement
    was more clearly worded, Poghosyan replied, "The EEU [Treaty] is
    about 40-60 pages, whereas the EU Association Agreement, only its
    economic part, is over one thousand. And that implies that it is more
    detailed and can be understood better than the document that the EEU
    has proposed us," he added.

    Poghosyan further expressed his skepticism about the promised economic
    growth. "I don't know what the promised before and what percent of it
    was realized. Russia was claimed to be a strategic ally, but it later
    turned out to be selling weapons to our enemy [Azerbaijan]," he noted.

    As for the possible risks that the Customs Union accession may
    necessitate a border checkpoint between Armenia and Nagorno-Karabakh,
    Poghosyan said he hopes that the authorities will keep their promise
    not to decide on such a measure for now. "Time will show," he said.

    Asked whether the idea is reflected in the document, Poghosyan said
    he finds that it depends of the way of interpretation.

    Speaking to Tert.am, Khosrov Harutyunyan, a former prime minister
    now representing the ruling Republican faction in parliament, ruled
    out any possibility of a customs checkpoint. "I think the political
    leadership of the republic has stated unequivocally that 'whenever
    we say Armenia, be kind enough to count Karabakh as well. As to who
    likes or dislikes it, it's another aspect of the question," he added.

    Harutyunyan referred to the higher customs tariffs as a possible risk.

    "The Armenian Government's negotiations with our partners imply a
    transitional stage that will mitigate the customs duties, preventing
    the Armenian manufacturers, including consumers, from a crisis. Those
    privileges are necessary in the short run, but from a longer-run
    perspective, Armenia's economy needs upgrading to be able to resist
    such customs tariffs," he noted.

    Armenian News - Tert.am


    From: Baghdasarian
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