BORDER OPENING TO CONTRIBUTE TO ECONOMIC DEVELOPMENT IN ARMENIA AND TURKEY
PanARMENIAN.Net
29.04.2009 17:54 GMT+04:00
Positive expectations from Armenian-Turkish border opening are quite
significant in my opinion, RA Minister of Economy Nerses Yeritsyan
said. According to Mr. Yeritsyan, open market will positively affect
trade relations from the viewpoint of international experience
(both practical and theoretical), whereas high level of protectionism
(closes border is a fair example of that) may produce a harmful impact
on both countries.
Economy Minister also finds that border opening may lead to
psychological transformations among people, pushing them to new
initiatives. "That concerns both countries, as well as their markets."
Besides, Mr. Yeristsyan noted that border opening will significantly
reduce transportation costs. Open way to the Mediterranean will
contribute to real savings in business," he said. According to Economy
Minister, Transition from the Black to the Mediterranean Sea requires
huge expenses, while the Armenian-Turkish border opening will reduce
them by 20-30%. "Considering the agrguments above we should take an
optimistic approach to the issue," Mr. Yeritsyan said.