AEPLAC Preapares Analysis on Effect of Opening Border With Turkey

AEPLAC PREAPARES ANALYSIS ON EFFECT OF OPENING BORDER WITH TURKEY ON
ARMENIA’S ECONOMY

YEREVAN, JULY 1, NOYAN TAPAN. The Armenian-European Policy and Legal
Advice Center (AEPLAC) will present in July to the public the results
of a research on possible effects of opening the border with Turkey on
Armenia’s economy. AEPLAC Director Tigran Jrbashian announced this at
the June 30 seminar “The EU Market – Opportunities for the Armenian
Business”. According to him, the analysis was made based on the
so-called “general equilirium model”, the most modern one by
international standards. “This model is considered as the most
efficient one for assessing the country’s economy,” T. Jrbashian
said. According to him, the reserch was conducted in various spheres
of the economy, while in making the analysis, the data of 2004,
including the influence of currency rates fluctuations, were taken
into account.