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Expert: Armenian Market Will Not Be Able To Resist Turkish Economy

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  • Expert: Armenian Market Will Not Be Able To Resist Turkish Economy

    EXPERT SAYS ARMENIAN MARKET WILL NOT BE ABLE TO RESIST TURKISH ECONOMY

    16:33 25/09/2009
    Panorama.am

    `We don't think that opening of the border means rejection of Genocide
    or rejection of territorial ownership, though some points are still
    under threat,' expert Edward Helhenyan of the `Mitq' (conception)
    analytical center told at news conference.

    The most dangerous thing is the economic matter after the border is
    opened, expert said. According to him 160 times less product are
    exported from Armenia but more imported, and when the border is opened
    the figure will be grow by two or even three times.

    `Currently $178mln products are imported into Armenia and exported
    only 1.7mln. In this case Armenian market will not be able to resist
    the Turkish economy,' the expert said.
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