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Armenia Not To Have Economic Benefit From Opening Border With Turkey

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  • Armenia Not To Have Economic Benefit From Opening Border With Turkey

    ARMENIA NOT TO HAVE ECONOMIC BENEFIT FROM OPENING BORDER WITH TURKEY

    /PanARMENIAN.Net/
    10.09.2009 20:31 GMT+04:00

    /PanARMENIAN.Net/ "Armenia will have no economic benefit from opening
    border with Turkey," New Times party leader Aram Karapetyan told
    today a press conference in Yerevan.

    Answering a PanARMENIAN.Net correspondent's question regarding possible
    threats to Armenian economy, the speaker noted Armenia's negative
    foreign trade balance registered over the recent year. "That's to
    say, Armenia imports more than it exports. That means the country's
    production capacities are not powerful enough to enable it to join the
    Turkish market, whereas the case with Turkey is just the contrary,"
    Karapetyan stressed.

    The only comfort, according to him, is the possible prospect of laying
    Nabucco pipeline via Armenia. "But even if such plans come true,
    we cannot sacrifice Armenian Genocide issue and Nagorno Karabakh's
    independence for the project," party leader said in conclusion
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