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Ghazaryan: US sanctions should not worry Armenian businessmen
Thursday, July 31, 2014
The U.S. sanctions against Russia should not worry Armenian
businessmen, Chairman of the Union of Manufacturers and Businessmen of
Armenia Arsen Ghazaryan told reporters after the government session
today.
In his words, both VTB Bank Armenia and Areximbank Gazprombank Group
are under the jurisdiction of Armenia, although their head offices are
located in Russia. "They operate under Armenian law, receive profits
and pay taxes here," Ghazaryan said.
When asked how the West's sanctions will affect Russia, the union
chairman replied that even recognized international experts cannot
answer this question today. According to him, it is important for the
U.S. and Europe to coordinate their actions in this matter.
The U.S. has expanded its list of its sanctions over Ukraine by
including four more Russian entities in that list, namely the United
Shipbuilding Corporation, the Bank of Moscow, VTB Bank OAO and the
Russian Agricultural Bank.
TODAY, 16:18
Aysor.am
Thursday, July 31, 2014
The U.S. sanctions against Russia should not worry Armenian
businessmen, Chairman of the Union of Manufacturers and Businessmen of
Armenia Arsen Ghazaryan told reporters after the government session
today.
In his words, both VTB Bank Armenia and Areximbank Gazprombank Group
are under the jurisdiction of Armenia, although their head offices are
located in Russia. "They operate under Armenian law, receive profits
and pay taxes here," Ghazaryan said.
When asked how the West's sanctions will affect Russia, the union
chairman replied that even recognized international experts cannot
answer this question today. According to him, it is important for the
U.S. and Europe to coordinate their actions in this matter.
The U.S. has expanded its list of its sanctions over Ukraine by
including four more Russian entities in that list, namely the United
Shipbuilding Corporation, the Bank of Moscow, VTB Bank OAO and the
Russian Agricultural Bank.
TODAY, 16:18
Aysor.am