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Expert: Slow Economic Development In Armenia May Be Among Factors De

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  • Expert: Slow Economic Development In Armenia May Be Among Factors De

    EXPERT: SLOW ECONOMIC DEVELOPMENT IN ARMENIA MAY BE AMONG FACTORS DESTABILIZING REGION

    YEREVAN, September 25. /ARKA/. Vladimir Lepekhin, head of the Eurasian
    Economic Cooperation Institute, thinks that Armenia should reach an
    impressive economic growth as soon as possible, not to lag behind
    neighboring countries, particularly Azerbaijan.

    Speaking Wednesday at a Moscow-Yerevan video bridge "Eurasian Project
    for Armenia - Economic Advantages and Public Dialogue" he pointed out
    Armenia's slow economic growth as one of key factors destabilizing
    things in the region. He said that Azerbaijan shows the highest growth
    in post-soviet space.

    "Armenia should reach a five-to-seven economic growth in two or three
    years," he was quoted by Novosti-Armenia as saying at the video bridge.

    Lepekhin said that Russia may help Armenia in modernization of the
    economy.

    According to official statistical reports, Armenia's GDP amounted to
    AMD 3997.6 billion in 2012 as economic growth was recorded at 7.2%.

    ---0--- - See more at:
    http://arka.am/en/news/economy/expert_slow_economic_development_in_armenia_may_be _among_factors_destabilizing_region/#sthash.BqhIANhj.dpuf


    From: Baghdasarian
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