ANALYST: YEREVAN’S EURASIAN PATH AND TBILISI’S EUROPEAN INTEGRATION TO AFFECT COMMON MARKET
June 17, 2014 | 17:51
YEREVAN. – The Eurasian path of Yerevan and European path of Tbilisi
will inevitably affect the state of common market, expert on Georgian
issues Johnny Melikyan said on Tuesday.
The expert noted that Armenia’s accession to Eurasian Union will
first of all jeopardize business of Georgian car dealers.
“Re-exports of cars makes a tangible share of Georgian exports, but
the car market is undergoing crisis. Tbilisi has already lost the
markets of Kazakhstan and Azerbaijan,” he said, adding that nearly
50,000 people are engaged in car dealership.
Besides, Armenia and Georgia have a free trade agreement that should be
reviewed. However, the expert is confident that although the countries
chose different paths, Armenian and Georgian authorities will work
to find new forms of cooperation, and the evidence is President Serzh
Sargsyan’s upcoming visit to Georgia.
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