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Armenia Should Strengthen Ties With Belarus And Kazakhstan - Economi

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  • Armenia Should Strengthen Ties With Belarus And Kazakhstan - Economi

    ARMENIA SHOULD STRENGTHEN TIES WITH BELARUS AND KAZAKHSTAN - ECONOMIST

    May 01, 2014 | 14:30

    YEREVAN. - Armenia needs to strengthen its ties with Belarus and
    Kazakhstan, and win their sympathy in the Customs Union.

    Economist Gagik Makaryan, who is also Chairman of the Republican
    Union of Employers of Armenia, said the abovementioned at a press
    conference on Thursday,

    As per Makaryan, the deeper the economic integration and mutual
    interests are, Armenia's importance for official Astana and Minsk
    becomes that much greater.

    According to the economist, at present, Armenia's main trade is
    conducted with Russia (23%). But the volume of trade with Belarus
    and Kazakhstan is at 0.8 and 0.2 percent, respectively.

    In Makaryan's view, more can be expected from the cooperation with
    Belarus.

    "It may seem like Belarus is a backward country with which no one
    wants to deal with. But they are manufacturing refrigerators there
    with the Finn, and using German products for cars and equipment. So,
    the cooperation with the West is apparent," he stated.

    The head of the Republican Union of Employers of Armenia also noted
    that the union held negotiations also with French associates, and to
    import affordable technologies. The Armenian party is interested in
    second-hand western technologies.

    "They [the West] will be able to get rid of old equipment while we
    will be able to introduce European technologies [here] at us," Gagik
    Makaryan added.

    News from Armenia - NEWS.am

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