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Border Opening Crucial In Terms Of EU Integration: Yovanovitch

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  • Border Opening Crucial In Terms Of EU Integration: Yovanovitch

    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.
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