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Haykakan Zhamanak: Carrefour Not To Open Hypermarket In Armenia Due

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  • Haykakan Zhamanak: Carrefour Not To Open Hypermarket In Armenia Due

    HAYKAKAN ZHAMANAK: CARREFOUR NOT TO OPEN HYPERMARKET IN ARMENIA DUE TO EMIGRATION?

    October 29, 2013

    YEREVAN. - The volume of emigration from Armenia can become an
    additional cause for the world-renowned French Carrefour hypermarket
    chain not to open a hypermarket in Armenia, Haykakan Zhamanak daily
    reports.

    "An Armenian Economy Ministry official gave such information to our
    correspondent.

    "Carrefour was to open a hypermarket in Armenia-at Dalma Mall [in
    capital cityYerevan]-one year ago. But due to artificial barriers,
    Carrefour decided to open a hypermarket at Yerevan Mall, which is
    still under construction. This has already had a negative impact on
    the process of opening the hypermarket.

    "And now, studying the actual volume of emigration from Armenia, the
    Carrefour specialists have found that the population [in the country]
    is not enough for their normal activities.

    "The Economy Ministry official [also] informed that Carrefour is not
    so enthusiastic-to say the least-also about the prospect of Armenia's
    accession to the Customs Union because as a result, the existing
    customs procedure for imported goods will substantially change,"
    Haykakan Zhamanak writes.

    News from Armenia - NEWS.am

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