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AEPLAC Preapares Analysis on Effect of Opening Border With Turkey

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  • AEPLAC Preapares Analysis on Effect of Opening Border With Turkey

    AEPLAC PREAPARES ANALYSIS ON EFFECT OF OPENING BORDER WITH TURKEY ON
    ARMENIA'S ECONOMY

    YEREVAN, JULY 1, NOYAN TAPAN. The Armenian-European Policy and Legal
    Advice Center (AEPLAC) will present in July to the public the results
    of a research on possible effects of opening the border with Turkey on
    Armenia's economy. AEPLAC Director Tigran Jrbashian announced this at
    the June 30 seminar "The EU Market - Opportunities for the Armenian
    Business". According to him, the analysis was made based on the
    so-called "general equilirium model", the most modern one by
    international standards. "This model is considered as the most
    efficient one for assessing the country's economy," T. Jrbashian
    said. According to him, the reserch was conducted in various spheres
    of the economy, while in making the analysis, the data of 2004,
    including the influence of currency rates fluctuations, were taken
    into account.
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