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Pundit says opening of Turkish border to boost Armenian export

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  • Pundit says opening of Turkish border to boost Armenian export

    Pundit says opening of Turkish border to boost Armenian export

    Mediamax news agency
    29 Sep 04

    Yerevan, 29 September: The opening of the Armenian-Turkish borders
    will create an opportunity to boost Armenia's export and foreign
    trade, Tigran Dzhrbashyan, director of the Armenian-European centre
    for political and legal consultations, told today's seminar entitled
    "The economic efficiency of opening the Armenian-Turkish borders and
    possible developments".

    He highlighted several economic consequences for Armenia if the
    Armenian-Turkish borders are opened: increased budget revenue, less
    transport dependency, drop in the cost price of goods due to low
    transport charges, and increased investment.

    At the same time, he thinks that there will appear the necessity for
    the legal protection of local manufacturers at the domestic market.
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