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Eurasian Union And Armenia: Pluses And Minuses - Opinions

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  • Eurasian Union And Armenia: Pluses And Minuses - Opinions

    EURASIAN UNION AND ARMENIA: PLUSES AND MINUSES - OPINIONS

    13:01 * 20.10.14

    Armenia's membership in the Eurasian Economic Union (EEU) is likely
    to have both its advantages and disadvantages, an economist has said,
    stressing the importance of estimating the impact on the different
    classes of the society.

    At a news conference on Monday, Vilen Khachatryan pointed out to the
    high price index on the post-Soviet area, noting that the inflation
    risks are particularly high in Russia.

    "Armenia is in the best positions," he said, citing the International
    Monetary Fund's estimates (which predict up to 3.8% inflation rate
    in the country by 2015).

    The economist said he expects Eurasian integration to increase Armenian
    businessmen's competitive advantages, adding that the inflation risks
    will be real in case they do not use the chance.

    Addressing the issue, President of the Consumer Consulting Center
    Karen Chilingaryan said he expects more problems as a result of the
    unchanged customs tariffs.

    "Can we develop the economy enough in five years not to suffer from
    the increased customs tariffs?" he said, considering inflation the
    most likely scenario.

    As for the import of cars, Chilingaryan said he thinks that buying
    cars from the Russian Federation would be more advantageous.

    http://www.tert.am/en/news/2014/10/20/vilen-armenia/



    From: Emil Lazarian | Ararat NewsPress
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