Armenia’s CU Accession Will Cause Inflation And Emigration – Opposit

ARMENIA’S CU ACCESSION WILL CAUSE INFLATION AND EMIGRATION – OPPOSITION PARTY

February 04, 2014 | 12:44

YEREVAN. – Armenia is heading toward the Customs Union (CU) and the
Eurasian Union at a crazy speed, and this is not in the interests of
our people.

Opposition Heritage Party Vice-Chairman Armen Martirosyan said the
abovementioned at a press conference on Tuesday.

“We will have inflation, increased emigration as a result of exporting
a few garden vegetables, which will go into the pockets of some, or
the mining industry, which likewise will go into the pockets of some.

We don’t need such a union under these conditions,” Martirosyan stated.

He noted, however, that Heritage is not against multilateral relations
with Russia.

“But we are against [such unions] because we are losing our
independence by becoming a member in these unions,” Heritage’s
official said.

In addition, Armen Martirosyan argued that Armenia’s joining the
Russian-led Customs Union will put the country’s security at risk.

Photo by Arsen Sargsyan/NEWS.am

News from Armenia – NEWS.am

From: A. Papazian

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