BORDER OPENING CRUCIAL IN TERMS OF EU INTEGRATION: YOVANOVITCH

news.am
Feb 12 2010
Armenia

U.S. backs improvement of Armenia-Turkey relations and we are hopeful
that the Protocols will be ratified by both countries’ parliaments,
U.S. Ambassador to Armenia Marie Yovanovitch said at the roundtable
discussion on Turkish-Armenian relations and marginal regionalism.

According to her, research of border opening consequences show that
despite possible short-term obstacles the process will positively
impact economic development of both countries.

"Some say that in case of border opening many companies will shut down
and these issues should be addressed, meanwhile not underestimating
challenges and doing utmost to overcome short-term losses. However,
generally speaking there are more positive consequences of border
opening. It will open new doors before Armenia and further country’s
wellbeing. Not a single country should depend on one corridor. Border
opening will end the blockade, reduce economic and transport
expenditures and boost the competition. The quality of Armenian goods
will increase and opening up a 70-milion market for the country,"
said Yovanovitch.

She touched upon the Armenian authorities’ consent to supply
electricity to Turkey, saying it is a good sign. "The deeper economic
cooperation is, the sooner trust between the states will be gained.

Border opening is also crucial for Armenia in terms of EU integration,"
stated U.S. Ambassador.