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Per LTP, Armenian Industry Ruined Not Under Him But Much Earlier

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  • Per LTP, Armenian Industry Ruined Not Under Him But Much Earlier

    ACCORDING TO LEVON TER-PETROSIAN, ARMENIAN INDUSTRY WAS RUINED NOT
    UNDER HIM BUT MUCH EARLIER

    YEREVAN, DECEMBER 8, NOYAN TAPAN. "The statement of Robert Kocharian
    that the former authorities ruined the previously prospering industry
    of Armenia is both the reality and a myth," the first Armenian
    president Levon Ter-Petrosian said at the December 8 rally. In his
    words, this statement is true in that this industry does not exist
    today, just like the Stepanakert silk factory headed by R. Kocharian
    stopped functioning long ago. "And it is a myth because the Soviet
    Union did not have an industry in line with modern requirements and
    technological achievements," L. Ter-Petrosian said. As regards
    industry, according to him, in this sense the USSR was inferior even to
    Eastern European communist countries. The first Armenian president said
    that the main cause of the collapse of the Soviet Union was its
    economic system on a weak basis. In the opinion of L. Ter-Petrosian, it
    was natural and logical that the economies of the USSR member republics
    were ruined after the collapse of the Soviet Union. He said that
    Armenia's industry fell into a decline as early as in the Soviet time.

    From: Emil Lazarian | Ararat NewsPress
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