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Armenia's accession to Eurasian economic union to spur up out-emigra

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  • Armenia's accession to Eurasian economic union to spur up out-emigra

    Armenia's accession to Eurasian economic union to spur up out-emigration


    YEREVAN, September 4. / ARKA /. Armenia's formal accession to the
    Russia-led Eurasian Economic Union (EEU) will spur up out-emigration,
    the head of Noravank research and educational center, Gagik
    Harutyunyan, said today.

    Speaking at a news conference he described emigration as a major
    strategic challenge for Armenia today.
    According to him, the roots of this problem lie in the economic and
    social situation of the country that forces thousands of its citizens
    to leave for Russia and other countries.

    According to the Federal Migration Service of the Russian Federation,
    as of May 2014 some 502,994 Armenian citizens were in Russia. Since
    2009, the number of Armenian citizens heading to Russia in search of
    decent jobs has increased by 60%.

    The annual increase rate is 20 percent. In 2011, Armenian labor
    migrants transferred home $1.2 billion in remittances, in 2012 the
    amount grew to $1.4 billion and in 2013 to $1.8 billion.

    Money transfers from Russia rose by almost 12 percent to $1.61 billion
    in the whole of 2013 accounting for 86 percent of total non-commercial
    remittances, which were in turn equivalent to roughly 18 percent of
    Armenia's Gross Domestic Product.

    According the Central Bank of Armenia (CBA), the overall amount of
    remittances to Armenia rose by 4.7 percent year-on-year to $773.2
    million in the first six months of this year.

    According to Harutyunyan, the government must create such conditions
    in Armenia so that people want to live and work in their country.

    "In the long run no membership in a union will solve Armenia's
    internal problems as long as there is no a clear-cut vision of
    economic advancement. Our studies show that Armenia continues to lose
    specialists with higher and specialized education," he said.

    The final version of the agreement on Armenia's accession to the
    Eurasian Economic Union was sent yesterday to the governments of
    Armenia, Belarus, Kazakhstan and Russia, the Eurasian Economic
    Commission reported on Wednesday.

    The procedures necessary for signing the agreement are being carried
    out now in each of these four countries, it said. The Eurasian
    Economic Commission said also the date of the signing will be set by
    the four countries' leaders.-0-


    http://arka.am/en/news/economy/armenia_s_accession_to_eurasian_economic_union_to_ spur_up_out_emigration/#sthash.B7qgCLjc.dpuf


    From: Baghdasarian
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