Nerses Yeritsyan: Armenia’s Economy Will Only Benefit From The Openi

NERSES YERITSYAN: ARMENIA’S ECONOMY WILL ONLY BENEFIT FROM THE OPENING OF THE BORDER
Marianna Gyurjyan

"Radiolur"
29.04.2009 19:12

A conference on the influence oft the global economic crisis on
Armenia’s economy will be held in Yerevan in July, the Minister of
Economy of Armenia, Nerses Yeritsyan told a press conference today.

According to the Minister, the crisis will reach its peak by the end of
this year. What will the situation be like in Armenia? Nerses Yeritsyan
considers that no matter how great the economic collapse, the economic
activeness in our country is not going to be worse than in 2007.

Since the crisis has a short history and there are no completed
researches in international economy on the crisis, the conference
in July is a brilliant opportunity for experienced specialists to
present scenarios for resisting the consequences of the global crisis
and work out joint programs.

Turning to the opening of the Armenian-Turkish border, the Minister
of Economy predicted only positive results from the economic point
of view. The transport expenses will considerably decrease, he said.