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NA Dep Tatul Manaserian: ROA Should Reduce Econ Dependence on Russia

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  • NA Dep Tatul Manaserian: ROA Should Reduce Econ Dependence on Russia

    RA NATIONAL ASSEMBLY DEPUTY TATUL MANASERIAN: ARMENIA SHOULD REDUCE
    ITS ECONOMIC DEPENDENCE ON RUSSIA


    YEREVAN, FEBRUARY 22, NOYAN TAPAN. "Today we depend seriously on one
    country - Russia, which is considered a strategical ally but this
    alliance can change at any moment", RA National Assembly deputy Tatul
    Manaserian said during a talk with NT correspondent. In his opinion,
    Armenia should reduce its economic dependence on Russia. To
    substantiate his opinion, T. Manaserian presented the situation when
    Russia stopped exporting diamonds to Armenia (2003-2004).

    "We received diamonds from our strategical ally by quotas, and it
    formed over 50% of our exports. Exports have declined since these
    quotas are no longer in effect," he said. He expressed conviction that
    Armenia should try to be a diversified country both in terms of
    investments and economic interests.

    Responding to the question whether freedom of doing business in
    Armenia is so great that the authorities state it, T. Manaserian
    noted: "If you do a small business not disturbing anyone, you can do
    it. But if your business, so to speak, gathers momentum, in that case
    you must offer a share to the circles which consider power and
    business as the same thing."
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