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Business Leader Looks Forward To Open Border With Turkey

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  • Business Leader Looks Forward To Open Border With Turkey

    BUSINESS LEADER LOOKS FORWARD TO OPEN BORDER WITH TURKEY
    Lilit Harutiunian

    Armenialiberty.org
    Sept 11 2009

    Armenia -- Arsen Ghazarian, co-chairman of the Turkish-Armenian
    Business Council.

    The possible opening of the Turkish border would significantly
    benefit the Armenian economy and have little adverse impact on local
    manufacturers, the chairman of Armenia's largest business association
    insisted on Friday.

    Arsen Ghazarian, who heads the Union of Industrialists and
    Entrepreneurs, predicted that cross-border commerce would quickly
    spur economic activity and create many jobs in Armenian regions
    bordering Turkey.

    "We would also be able to implement serious joint projects in the
    energy sphere," he said. "Our two cement plans, which I'm sure are not
    operating at their full capacity, would be able to meet the Turkish
    industry's demand and to make decent profits.

    "We would have quite serious projects in the textile sector. I am
    talking about quite serious turnovers."

    Ghazarian has for years voiced such views in his separate capacity
    as the Armenian co-chairman of the Turkish-Armenian Business Council
    (TABC), a private group uniting businessmen from the two neighboring
    countries. The reopening of the Turkish-Armenian border, a key aim of
    the TABC, became a real possibility after Ankara and Yerevan unveiled
    draft agreements on the normalization of bilateral relations.

    The prospect of an open border with Turkey has long caused unease
    among some Armenian politicians, businessmen and economists. They
    fear that an influx of cheap Turkish imports could wreak havoc on the
    country's fledgling manufacturing and farming sectors. Some have gone
    as far as to declare that the Turkish economic blockade has been a
    blessing in disguise for Armenia.

    Ghazarian brushed aside these concerns at a news conference in
    Yerevan. "Let's face it, in our society there is not much enthusiasm
    for Turkish consumer goods to begin with," he said.

    "Besides, many of our enterprises in the food-processing and plastic
    items sectors bring in a considerable part of their raw materials from
    Turkey because it's close and cheap. In that case [of border opening,]
    it will be even closer and cheaper," he added.

    Ghazarian further argued that an open border with Turkey will
    become all the more important in the event of the resolution of the
    Nagorno-Karabakh conflict and restoration of commercial links between
    Armenia and Azerbaijan. That, he said, would turn Armenia into a
    regional transit country linking Turkey to Azerbaijan and Central Asia.
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