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EXPERT: RUSSIA'S EVERY DECISION DIRECTLY AFFECTS ARMENIA
by Mariam Lazarian
Monday, January 26, 20:35
Russia's every step has a direct negative impact on Armenia, Gagik
Makaryan, head of the Association of Employers of Armenia, told
reporters, Monday.
According to Makaryan, many migrants were reluctant to leave their
jobs and return to Armenia as a result of Russia's war with Ukraine.
This has cut private transfers to Armenia and increased unemployment
in the country. Anti-Russian sanctions have also affected the
situation in the Armenian market. According to Makaryan, accession
to the Customs Union does not mean Armenia will have favorable
conditions for cooperation with such members of the Union as Belarus
and Kazakhstan. This means that the only partner of Armenia is still
Russia. According to Makaryan, Armenia's export position has tangibly
decreased over the last period, as exporter companies are experiencing
losses not only due to the changes in the foreign exchange market, but
also as Russia demands them to reduce prices of the exported products.
Despite the general decline of oil prices in the world, Makaryan
said, the fuel prices in Armenia will not change due to the relevant
interstate agreement with Russia, which cannot but affect the country's
economy. According to the surveys conducted by the European Bank for
Reconstruction and Development, no economic development is observed
in Armenia in 2015. According to Makaryan, economic indicators of
Armenia may be even negative in 2015.
Talking to ArmInfo, Makaryan said Armenia has to pay more attention
to the developing Arab countries to boost cooperation with them. This
will help settle the current economic problems in the country, he said.
http://www.arminfo.am/index.cfm?objectid=C6BC4930-A581-11E4-BDC20EB7C0D21663
by Mariam Lazarian
Monday, January 26, 20:35
Russia's every step has a direct negative impact on Armenia, Gagik
Makaryan, head of the Association of Employers of Armenia, told
reporters, Monday.
According to Makaryan, many migrants were reluctant to leave their
jobs and return to Armenia as a result of Russia's war with Ukraine.
This has cut private transfers to Armenia and increased unemployment
in the country. Anti-Russian sanctions have also affected the
situation in the Armenian market. According to Makaryan, accession
to the Customs Union does not mean Armenia will have favorable
conditions for cooperation with such members of the Union as Belarus
and Kazakhstan. This means that the only partner of Armenia is still
Russia. According to Makaryan, Armenia's export position has tangibly
decreased over the last period, as exporter companies are experiencing
losses not only due to the changes in the foreign exchange market, but
also as Russia demands them to reduce prices of the exported products.
Despite the general decline of oil prices in the world, Makaryan
said, the fuel prices in Armenia will not change due to the relevant
interstate agreement with Russia, which cannot but affect the country's
economy. According to the surveys conducted by the European Bank for
Reconstruction and Development, no economic development is observed
in Armenia in 2015. According to Makaryan, economic indicators of
Armenia may be even negative in 2015.
Talking to ArmInfo, Makaryan said Armenia has to pay more attention
to the developing Arab countries to boost cooperation with them. This
will help settle the current economic problems in the country, he said.
http://www.arminfo.am/index.cfm?objectid=C6BC4930-A581-11E4-BDC20EB7C0D21663