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Armenia Should Build Up Stocks To Smooth Out Aftereffects Of Possibl

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  • Armenia Should Build Up Stocks To Smooth Out Aftereffects Of Possibl

    ARMENIA SHOULD BUILD UP STOCKS TO SMOOTH OUT AFTEREFFECTS OF POSSIBLE CONFLICT AROUND IRAN: PM

    /ARKA/
    APRIL 16, 2012
    YEREVAN

    YEREVAN, April 16. /ARKA/. The Armenian government has to build up
    enough reserves which it might need to smooth out the aftereffects
    of a potential conflict around Iran, Prime Minister Tigran Sargsyan
    said in an interview with Russian newspaper Nezavisimaya Gazeta.

    "We should have a three-month supply of essentials - medicine, food,
    fuel and lubricants. We have developed a list of materials and volumes
    that we may need in case of emergency and wartime so that our country
    is able to function normally," he said.

    Sargsyan said approximately 20% of Armenia's trade is implemented via
    Iran's territory. He said the country would face problems in case of
    a conflict around Iran.

    "There would be a lot of problems: we have a natural gas pipeline,
    we have high-voltage electricity transmission lines, we have a flow
    of Iranian tourists, investments, there is an Iranian bank in Armenia.

    And for each category we are calculating a variety of scenarios and
    negative consequences," he explained.

    He said the brief 2008 August war between Russia and Georgia that
    disrupted imports to Armenia served as a good lesson.

    "We were forced to transport goods by vehicles because the railway
    did not operate, and used also aircrafts that increased our expenses,"
    he added.



    From: Emil Lazarian | Ararat NewsPress
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